How Does Paid Family Leave Work?

When money is tight and a loved one is sick, how do you decide if you should go to work or stay home to care for them? What if you are the one who is ill, and you need time to take care of yourself? Who is going to earn money to pay the everyday…

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What’s in the Third Stimulus Bill Other than Checks?

While the third stimulus payment — which we just wrote about — is a hot topic for Americans right now, there’s actually a lot more to the American Rescue Plan. Here are some of the additional benefits you could get from the relief package. Additional Support to Families In addition to stimulus payments, the American…

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Am I Eligible for the Second Stimulus Check?

Just before 2020 ended and 2021 began, President Trump signed a second pandemic relief bill. This bill included a second round of stimulus checks, or Economic Impact Payments, that will be sent to Americans under certain income thresholds in the coming weeks. Some of these checks have already started filtering in via direct deposit. As…

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What Is a Recession and How Do I Prepare for One?

The National Bureau of Economic Research (NBER) is the organization that decides if the US is in a recession. They define a recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months.” So, what the heck does this mean? In a recession, companies are…

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Should I drain my emergency savings because of coronavirus?

First off, congratulations for having an emergency fund! Approximately 25% of Americans couldn’t cover an unexpected $400 bill, let alone a month of expenses. To answer the question of whether or not you should drain your emergency fund because of coronavirus, that all depends on your situation. Do you need to drain your emergency fund?…

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3 Strategies to Stretch Your Food Dollars

As the COVID-19 pandemic continues, you may have to stretch a lower income to cover regular expenses. If your income has been reduced or you have had a lot of unexpected expenses, having enough money to feed yourself and your family may be a challenge. Food is a necessity to maintain a healthy life. But…

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