Three Reasons to File Taxes This Year — Even if You Don’t Owe Money
Tax season is underway, but with COVID-19 affecting millions of families across the country, from job losses to medical issues, filing taxes may not be at the top of your minds. This year, more than ever, it’s important to file your taxes, especially if you lost work or haven’t received your full stimulus funds. The…
Read MoreWhat Grocery Spending Looked Like in 2019 vs. 2020
From toilet paper shortages to long lines outside grocery stores, 2020 was a tough year to budget for food. If your grocery spending was higher than usual, you’re not alone. The 2020 monthly average was 24% higher than the 2019 monthly average – though the year ended in a similar place as 2019. How often…
Read MoreKnow Your Rights With Your Stimulus Payment
Amidst all the turmoil of the last month, the second stimulus bill passed, and payments were issued. By now, you should have received your payment of up to $600 per child and adult in your family — assuming you are eligible. It’s critical to know your rights with the stimulus payments. Take the time to…
Read MoreHere’s what SaverLife members say should be the Biden administration’s top priority
In early January, Jeff Stein from the Washington Post tweeted that a handful of Democratic Senators had varying ideas of how to improve the financial lives of Americans. Some ideas included: Increasing Unemployment Insurance (UI) to $600 with automatic triggers Baby Bonds Healthcare coverage expansion + lowering the Medicare age Child Tax Credit plan We’re…
Read MoreAsk an Expert episode 2 follow-up: Your Questions About the Second Stimulus Bill, Answered
Earlier this month, we hosted a Facebook Live featuring our resident public policy expert, Radha Seshagiri, and moderator/marketing intern, Morgan Alford. Here are the questions Radha answered, as well as some helpful resources. 1. Am I eligible to get a stimulus check? Here’s how to check your eligibility You must: Be a U.S. citizen or…
Read MoreCalifornia Residents: Top 5 Things to Know About the Latest Stimulus
With the second stimulus bill now in action, let’s make sure you get the stimulus money you’re eligible for! If you’re a California resident, there’s some key information you need to know. (But if you’re not, make sure to read Beyond the Check: How the Second Stimulus Bill Will Benefit You.) The coverage can be…
Read MoreBeyond the Check: How the Second Stimulus Bill Will Benefit You
There has been a ton of news coverage about the second round of stimulus payments. Whether or not you’ve received a stimulus check, there’s more to the bill that could potentially benefit you. You probably don’t have time to read the 500+ pages of legislation, so we’ve done that for you. This post is a…
Read MoreHave You Received Your Second Stimulus Payment Yet?
If you’re like most people, the word stimulus makes you perk up your ears these days. Perhaps you’ve either already received or eagerly await that much-needed payment, which will arrive by a deposit in your bank account, a check in the mail, or an Economic Impact Payment Card. With the second stimulus bill now in…
Read MoreCredit Usage Steadily Increases
2020 ended with the nationwide median credit card balance 56% higher than it was at this time a year ago. Fortunately, additional unemployment benefits will begin this week for some states and may help decrease how much people are using credit. However, many people are still hoping for more financial assistance. Here are a few…
Read MoreSaverLife members tell it like it is…
SaverLife members have been weighing in on how they feel about saving, budgeting, debt, and spending. Here are their responses: How SaverLife members feel about their money overall. If you’re not feeling that great about your money, here are some resources just for you: Three Calming Strategies for Managing Money Anxiety How to talk about…
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