Popular Australian holiday spot Hamilton Island now cashless

Popular Australian holiday spot Hamilton Island now cashless

Holidaymakers at Hamilton Island should make sure to bring their debit or credit cards as the Whitsundays destination is now entirely cashless. Hamilton Island, one of Australia’s most popular holiday spots, started changing its money policies during the COVID-19 pandemic, and does not accept cash at any of its outlets. “The choice to become cashless … Read more

Biden administration will roll out new student loan forgiveness plan

Biden administration will roll out new student loan forgiveness plan

U.S. President Joe Biden delivers remarks on canceling student debt at Culver City Julian Dixon Library on February 21, 2024 in Culver City, California.  Mario Tama | Getty Images A narrower aid package Biden hopes will survive The president’s Plan B for student loan forgiveness will likely target several groups of borrowers, including those who’ve … Read more

Here’s what to know before using AI chatbots to file your taxes

Here’s what to know before using AI chatbots to file your taxes

Songsak Rohprasit | Moment | Getty Images The tax deadline is approaching and some filers are turning to chatbots powered by artificial intelligence for help with returns. But taxpayers should be wary of generative AI — which uses artificial intelligence to create content — for tax advice, experts say. Nearly 1 in 5 Americans would … Read more

The strong U.S. job market is in a ‘sweet spot,’ economists say

The strong U.S. job market is in a ‘sweet spot,’ economists say

Now Hiring sign in a supermarket window in Queens, New York.  Lindsey Nicholson/UCG/Universal Images Group via Getty Images The U.S. job market continues to chug ahead without signs of overheating — a good sign for workers and the U.S. economy, according to economists. While the market has cooled from its breakneck pace of the “great … Read more

The simple hack to score cheap food and drinks around Australia

The simple hack to score cheap food and drinks around Australia

Looking for ways to save money but still enjoy socialising? Best friends Alex Hourigan and Sally McMullen, hosts of the podcast Two Broke Chicks, have the solution. The pair have revealed their simple trick on how to score cheap food and drinks around Australia. Trends, culture and exclusive features: Sign up for 7LIFE newsletters Budget … Read more

Revenge spending isn’t dead, even as credit card debt tops $1 trillion

Revenge spending isn’t dead, even as credit card debt tops  trillion

Taylor Swift performs onstage for the opening night of “Taylor Swift | The Eras Tour” at State Farm Stadium. Kevin Mazur | Getty Images Entertainment | Getty Images Revenge spending is not dead. Even as Americans owe $1.13 trillion on their credit cards, consumers are still willing to splurge on impulsive purchases. It’s a phenomenon also known as … Read more

Why tipping is different here

Why tipping is different here

In July 2020, my husband and I left Los Angeles with our two small kids, to visit his family in a small town in the Danish countryside. We didn’t realize the trip would result in a permanent move and a new adventure. When a 1700’s farmhouse came on the market, we took a chance and … Read more

Biden’s plan to cap rent hikes in certain units: Here’s what to know

Biden’s plan to cap rent hikes in certain units: Here’s what to know

Alexander Spatari | Moment | Getty Images The Biden administration moved this week to limit how much rent can rise in certain affordable housing units across the country. While some housing experts criticized the move, tenant advocates said the new rule, which will cap rent increases at 10%, will help people to stay in their … Read more

Costs at some colleges near $100,000 a year; many families pay a lot less

Costs at some colleges near 0,000 a year; many families pay a lot less

The price tag for a college education has never been higher — and it’s only going up. The cost of attendance at some schools, including New York University, Tufts, Brown, Yale, and Washington University in St. Louis, is now nearing six figures a year, after factoring in tuition, fees, room and board, books, transportation and … Read more

Adults say they’re doing worse financially than their parents

Adults say they’re doing worse financially than their parents

One indicator many people use to determine how well they’re doing in life is to compare themselves with their parents.  After all, your parents’ socioeconomic situation can be pretty prescriptive of how you’ll fare in life. To do better than them is a common goal for families from a variety of backgrounds. But these days, … Read more