Personal Finance

5 Financial Tips for Surviving in NYC in 2024

New York City is known worldwide for its energy, culture and opportunities. However, the rising costs of living in such a massive, world-class metropolitan also present very real financial challenges for the residents and tourists. With inflation continuing to impact essential spending, it's crucial for residents to have smart money management strategies.

Navigating the Big Apple: Managing NYC's High Cost of Living

The cost of living in NYC is notorious for being high, often leaving newcomers wondering if they can afford to make the big move. Living in New York City offers a unique experience but comes with a hefty price tag. As we delve into the actual cost of living in the Big Apple in 2024, we'll explore how it compares to the national average and uncover the intricacies that make this city one of the most expensive in the world.

Top 5 Personal Finance Tips for New Yorkers

Say goodbye to the expenses of owning a car. With an extensive public transportation system including subways, buses, and ferries, ditching your car can save you thousands of dollars each year in insurance, parking fees, and maintenance costs. Invest in a monthly MetroCard and cut your transportation expenses.

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.

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.

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.

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!

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.

Drop the Mic, Not Your Confidence: 5 Phrases That Weaken Your Speech

Language is powerful, and the words we choose can significantly impact how others perceive us. By being mindful of these common pitfalls, you can make your speech more confident and compelling.

Why You Need to Know About New 2024 HSA Contribution Limits

HSAs are the holy grail of tax savings ...

The Best Places to Retire in the United States in 2024

Let's find the best state to live in. Here's what our editorial staff believes is best

10 Foolproof Steps to Start Investing Now - Even If You're a Complete Beginner

Before you dive headfirst into the deep end, take a moment to consider why you want to invest. Are you saving for retirement, hoping to buy a house, or funding your kids' college education?

Escape the Debt Trap: Proven Strategies to Get Out of Debt Fast!

I was once in your shoes, drowning in a sea of college loans and credit card debt. But I got out, here's how.

How to Invest in Bitcoin for Beginners

We won't spend too much time explaining why Bitcoin is booming right now - you can read this here - but I'll give you a hint: It has something to do with the fact ...

Parents: To Prepare Kids Financially, Give Them Practice With Money

Children learn more about finances from their parents than any other source, previous research has shown. The process through which parents impart this knowledge onto their children is known as "financial socialization."

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Goldman Sachs Targets Private Equity After Credit Suisse Shakeup

In an attempt to fill the hole left by unrest at regional banks and the sale of Credit Suisse, American investment bank Goldman Sachs is pushing its way into the lending market for asset managers and private equity.

Tight Grad Market? Here's How to Get Hired (On a Budget!)

A survey from the National Association of Colleges and Employers states that employers intend to recruit 5.8% fewer recent college graduates from this year's class than they did from the class of 2023.

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Dow Unexpectedly Soars to 40,000, Marking the Highest for Wall Street

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Sustainable Investing Made Easy: Low-Cost ESG Fund Options for May 2024

Regular investors continue to desire ESG funds, despite some opponents labeling them as "woke" investing. These funds consider a portfolio's firms' financial fundamentals in addition to their environmental, social, and governance considerations.

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Walmart Stock Up by 7%, Forecast Hints at Continued Buying Power

In accordance with prior comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry on Thursday indicated a solid consumer base in the United States.

Brothers Arrested After Planning to Steal $25M in Cryptocurrencies from Ethereum Blockchain

According to a recently released indictment, two brothers from New York and Boston were placed under federal arrest on Tuesday.

Don’t Sweat the Bills: Resources to Help You Pay for Utilities

The most recent data from the Consumer Price Index shows that, from March 2023 to March 2024, the index for electricity increased by 5%, which is more than economists would want to see. (Electricity rates increased by 0.9% from February to March 2024.)

Social Security 2025: Cost-of-Living-Adjustment Increased to 3.2%, But Will It Keep Up?

After the government announced that April inflation was in line with experts' predictions, the most recent estimate of Social Security's cost-of-living adjustment 2025 increased to 3.2%, according to new figures released on Wednesday.

Real Estate Not Stocks Give the Greatest Long-Term Investment, Survey Shows

According to a recent Gallup poll, even though the majority of Americans have money stashed away in the stock market, they don't think it makes the greatest long-term investment. What then is it?

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