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Finance General United States

New Trend: MZ Saves More and Spends Less

A recent trend has begun to develop after the pandemic, as many MZ generation members are focusing on their spending and savings for their future. Some of them are living day by day without their financial plan but some of them have a very strict way of saving their money. One of the ways to […]

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Finance General United States

Credit card late fees will be capped to $8 from average paid $32

45 million American families can save $220 per year for late payment of their credit cards after the Federal regulators issued a new rule to effect 60 days after its publication in the Federal Register. “On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty for late payment to $8 […]

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COVID-19 Finance United States

Sens say, VA needs to stop foreclosures process immediately

A group of senators asked the Department of Veterans Affairs to stop foreclosures on the homes of Veterans and Service members immediately. According to NPR, Thousands of veterans who took the COVID forbearance program after the pandemic hit the U.S. The program allowed them to defer paying their monthly mortgages for 6 or 12 months […]

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Finance General United States

Tax rates for the Tax Year 2023

In 2023, Tax brackets are a little different than in 2022, and here is how to calculate the tax you owe to Uncle Sam with your Adjusted Gross Income. When tax season comes in 2024 for the tax year of 2023, you will have the same seven federal income tax brackets as the last few […]