Category: Personal Finance
Personal finance and money management can be very confusing. Most people know that optimizing their finances is important but few feel confident that they have the knowledge to do so.
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Personal Finance
Personal Finance
IRS Extends 2019 Tax Payment Deadline to July
As the COVID-19 outbreak worsens, the virus is also wreaking economic havoc as many businesses are forced to close. In response the White House has been floating a number of emergency measures, including bailouts for certain industries and cash payments for the majority of Americans. Additionally this week the Internal Revenue Service announced that it would be extending the payment deadline for 2019 tax returns. While taxes are famously due...
Personal Finance
Experian Boost Bestowed with Consumer Lending Innovation Award from FinTech Breakthrough
Recently the market intelligence organization FinTech Breakthrough celebrated a long list of companies and their accomplishments, announcing the recipients of their 2020 FinTech Breakthrough Awards. While these awards honored firms in a variety of categories, one of the most interesting awards was in the field of Consumer Lending Innovation, with the award going to Experian for their Experian Boost credit score product. Introduced in nearly one year ago, Experian Boost...
Personal Finance
Money at 30: When a "Rainy Day" Arrives — Rebounding from a Financial Setback
You've surely heard the term "saving for a rainy day" and how it's been applied to the concept of having an emergency fund. So, what happens that that rainy day comes? That's what I'm experiencing this week. Long story short, my wife had to undergo surgery on her wrist last week — something we definitely weren't anticipating. While everything went well medically, the procedure was, shall we say, a bit...
Personal Finance
Apple Card to Allow Some Users to Skip March Payments Amid COVID-19 Pandemic
It has been a historic week in the United States as the country attempts to curb the spread of the novel coronavirus known as COVID-19. Beyond the health risks that this virus presents, the pandemic has also had an impact on the U.S. economy as several businesses are being forced to closed or have events canceled. In a bid to help those financially struggling due to the outbreak, Apple has...
Personal Finance
Longest Bull Market in History Ends Amid Pandemic
Just days after celebrating its 11th anniversary, the bull market in the U.S. — the longest in history — has come to a dramatic end. Despite some rallying efforts that followed major sell-offs last week, the continued spread of COVID-19 coupled with an oil price war has sunk the markets lower. Between the World Health Organization officially calling the novel coronavirus a global pandemic, President's Oval Office address that put...
Personal Finance
Mobile Banking App Empower Raises $20 Million
Following a near-record 2019, FinTech has been off to a strong start in 2020. The latest example of this is Empower. The San Fransico-based firm recently announced that it had raised $20 million. The Series A included participation from Defy Ventures, Icon Ventures, and Nubank founder David Velez. Additionally previous investors Sequoia Capital and Initialized Capital joined the latest round. Although there are several budgeting and banking apps on the market...
Personal Finance
