Housing Affordability in NYC is Only Going to Get Worse. Here’s how to Manage your Housing Finances
The latest data represents a housing crunch that New York City has not seen since 1968. As the city management lacks the intent to build new rental apartments, the rental availability stays under 1.4 % in 2023-24. The recent immigrant influx and the slow rate of building new apartments are collectively disturbing the demand for rental availability, and the worst has yet to come.
Mar 11, 2024 12:21 PM EDT
Maximizing Your Cash: Skilled Methods for Success in NYC
Navigating the price of residing in NYC requires savvy budgeting expertise because of greater bills than many cities. Housing prices might be notably steep, whether or not you are renting a comfortable studio residence in Manhattan or contemplating shopping for a brownstone in Brooklyn. Nevertheless, with strategic planning and good selections, it is attainable to search out inexpensive choices that align with your monetary objectives.
Lock in Savings Now: Home Equity Loan and HELOC Rates Reach Attractive Levels
If you own a property, you could be able to access a sizable amount of home equity; the typical American homeowner has access to around $200,000 in equity.
Why Costco's Silver Coins Could Be a Smart Investment
When one of the biggest American shops, Costco, announced that it would be selling gold bars in September, they rapidly ran out. Later, Walmart joined in as well, profiting from a resurgence of interest in precious metals.
Latest News
The SAVE Plan: How This New Option Could Slash Your Student Loan Burden
Since its August introduction, the U.S. government's newest repayment scheme has drawn in over 75 million student loan debtors.
Mar 11, 2024 5:20 AM EDT
Dream of Homeownership? Biden's $10,000 Tax Credit Could Make It a Reality
Due to the combination of rising housing values and high mortgage rates, purchasing a home has become more and more unattainable for Americans.
Mar 11, 2024 1:49 AM EDT
Exposing the Tactics of Financial Fraud Targeting Older Women
The threat of financial fraud is ever-present in our increasingly digitized society, particularly for senior citizens.
Mar 09, 2024 8:15 AM EST
Unlocking Financial Freedom to Empower Women on the Path to Independence
How can women achieve financial empowerment and independence? Here are our practical strategies and tips to empower yourself to take control of your financial future today.
Mar 09, 2024 7:48 AM EST
The American Dream Dies With Homeownership in US
The prospect of achieving the homeownership part of the American Dream is thus further from reality for some groups of Americans-primarily those of color-than ever. Indeed, a February 1st McKinsey Institute for Black Economic Mobility study found that it could take more than 300 years at the current rate for Black Americans to achieve "racial parity" in terms of housing equality.
Mar 08, 2024 2:54 PM EST
Top 5 Personal Finance Investing Strategies for the Modern Investor
Investing. It's like a dance-off in the middle of Wall Street. You've got your slick moves (read: money) and you're ready to show them off. But where do you start? Fear not.. We've got your back. Here are the top five personal finance investing strategies that are making waves in the modern world.
Mar 08, 2024 2:33 PM EST
Why Right Now is a Bad Time to Spend Money
The U.S. economy has shown incredible resilience in the past, rebounding strongly from the depths of the pandemic recession. And who knows, maybe this period of economic uncertainty will give you the push you need to finally start that side hustle or small business you've been dreaming about.
Mar 08, 2024 2:03 PM EST
Why Women Don’t Ask for Raises (and How They Should!)
It's not simple to ask for a wage increase, especially for women. According to a 2024 survey by job listings service Indeed, more than half of women worldwide had never requested a raise. Three out of every four of the 43% who inquired got a wage raise.
Mar 08, 2024 9:20 AM EST
Good News for Value Seekers: Gap's Upbeat Results Point to Affordable Fashion Revival
Due in large part to increased demand for its better product offerings at its Old Navy and namesake brands throughout the Christmas season as well as smaller markdowns, Gap exceeded Wall Street estimates for its fourth-quarter earnings on Thursday. In extended trading, the company's shares increased 4% to $20.05.
Mar 08, 2024 8:40 AM EST
NYCB Struggles: Is Your Money Safe? Here's What We Know
Over the course of a difficult month, New York Community Bank saw a 7% decline in deposits as clients withdrew their funds from the local commercial bank.
Mar 08, 2024 1:58 AM EST
I Cancelled my Unused Subscriptions and Bought a Car
In this digital age, it's easier than ever to accumulate subscriptions that we forget about and rarely use. By routinely checking and eliminating these unused services, we can free up funds for more significant investments - like a brand-new car!
Mar 07, 2024 2:29 PM EST
The Secret Way Congress Cuts Your Tax Breaks
In the end, the tax code is a labyrinth, and MAGI is just one of its many twists and turns. By shedding light on these hidden aspects, we can empower ourselves as taxpayers and advocate for a more transparent and equitable tax system.
Mar 07, 2024 2:02 PM EST