The IRS Created a Free Tax Filing System, and TurboTax is Reeling (USA) ( www.youtube.com )
IRS will launch free online tax-filing pilot in 13 states next year ( thehill.com )
Welcome to the ‘nepo’ housing market: 40% of homebuyers under 30 get family money to cover their down payment ( archive.ph )
Definitely a trend I see around me (Europe, 30 years old)....
Americans can no longer afford their cars ( www.newsweek.com )
How credit cards work, and how to use them properly
Intro...
Was the 401(k) a Mistake? How an obscure, 45-year old tax change transformed retirement and left so many Americans out in the cold. ( www.nytimes.com )
"I feel like I'm on a hamster wheel" — US cost of living has skyrocketed since 2020 ( boingboing.net )
Can you offer investment advice? I'm debt-free, about to start earning $2k more per month than I need to survive. Please offer any suggestions for optimal investment method(s).
48 years old, currently have no investments. My net worth is my car and the clothes on my back, and I don’t ever want to be in this situation again....
We shouldn't have to work 40 hours a week to afford a basic life. We do because our currency is constantly losing value. This is by design.
There's a lot of talk about inflation and its causes. Is it corporate greed? Supply chain issues? One clear base cause of inflation less talked about is having an inflationary currency supply. Any other inflation caused by supply chain issues, corporate greed, lack of market competition, etc is just added on top of that. Fiat...
[Meta] Until people start asking questions to the community, we'll be left with news articles
Hello everyone,...
The 'old American Dream died,' Realtor details salary needed to buy a home, afford a middle class life in 2024 ( finance.yahoo.com )
cross-posted from: lemmy.ml/post/10623652...
should I pay off my student loans in full before intrest kicks in?
General financials:...
Home prices may be on the verge of cooling off ( www.nbcnews.com )
Home prices weakened month to month, according to Black Knight. While still gaining, which they usually do at this time of year, the gains fell below their 25-year average. This after significantly outdoing their historical averages from February through June. It’s a signal that a slowdown in prices may be underway again....
Is Congress Going to Kill Credit Card Rewards? ( www.nerdwallet.com )
Legislation known as the Credit Card Competition Act, first introduced in Congress in 2022, is described by its sponsors as encouraging “competition in electronic credit transactions.” But if lawmakers end up passing the measure, opponents say it could also torpedo the rich rewards and perks that cardholders have enjoyed for...
(US) Introducing Comingle: An opt-in UBI (Universal Basic Income) to provide a stable weekly income based upon users contributing 7% of their income ( comingle.us )
Comingle is an interesting idea that would act as a pseudo emergency fund to provide a stable week to week income for their users. It could act to stabilize your income if you have an irregular income or as an backup plan or insurance for when you lose a job or income source. It works by distributing the average of all their...
When people say they lost their 401k
I’ve had a few people in my life tell me that they lost X % of their 401k during the (insert financial crisis)....
Homebuying activity is falling off a cliff (On a yearly basis, pending transactions were down by 18.7%) ( finance.yahoo.com )
With the rising prices of Netflix and Disney+, are you considering cutting those subscriptions?
I was never a fan of the subscriptions model (I have never had a Spotify, Netflix, or any other similar services)....
On Retirement Savings
I’m almost 40 and according to the wisdom found everywhere on the internet, I don’t have enough saved for retirement. Which worries me because I’ve been saving for as long as I’ve had a proper job with access to a retirement vehicle. But also because the internet wisdom doesn’t make sense or sound feasible....
A Huge Number of Homeowners Have Mortgage Rates Too Good to Give Up ( www.nytimes.com )
Shrinkflation has started with non-dairy milk...
cross-posted from: lemmy.ca/post/3527160...
California to make financial literacy classes a requirement to graduate high school [USA] ( abc7.com )
Anyone interested in moderating this community?
Hello everyone,...
Hyundai and Kia recalled 3.4m vehicles, warning to park them outdoors because they risked catching fire. 6 months later, most are still on the road, unrepaired ( fortune.com )
In September, Hyundai and Kia issued a recall of 3.4 million of its vehicles in the United States with an ominous warning: The vehicles should be parked outdoors and away from buildings because they risked catching fire, whether the engines were on or off....