When President Joe Biden was elected into office, one of his main promises was to forgive borrowers’ student loans, and now it is beginning. Eligible borrowers can receive up to a $20,000 deduction in their outstanding student loans.

After receiving medical care, a bill must be paid off. Typically, if someone has health insurance, the insurance company will cover all or a portion of the bill. Some may have little to no income, which makes it hard for them to afford insurance, which leads to accumulating debt.

On August 12, 2022, the Inflation Reduction Act was introduced. The Act determined the Internal Revenue Service (IRS) should receive an additional $80 billion over the next ten years to help with tax enforcement on high-net-worth individuals.

Financial decisions like purchasing a cell phone or applying to rent an apartment or house will require you to have your credit score in good standing. A low credit score can also allow lenders to charge you a higher upfront cost or pay more money because you aren’t considered creditworthy.

Most rookie athletes are in their late teens or early twenties, earning millions of dollars. Below are examples of NFL players who either went broke or generated more wealth and the factors that led to these athletes' financial outcomes.

Finding a dream home requires its fair share of saving, planning, and research. Starting early, before venturing into your buying first property, can help ensure that you find a home that fits your style and budget.

Many of us read the Forbes list every year, seeing people like Rihanna's net worth listed at $1.7 billion or Dwayne “The Rock” Johnson's net worth listed at $800 million. More recently, Forbes reported that Tesla founder Elon Musk, the wealthiest man in the world, has an astonishing $256 billion net worth.

A family reunion is a priceless moment. However, the price tag of planning a family reunion can add up very quickly. Here are five tips to plan a budget-friendly family reunion.

The current school curriculum does not have any courses which discuss financial literacy. As a result, some states have begun implementing financial literacy courses into the curriculum, which will go into effect in 2023.

Since the beginning of the pandemic, the cost of living has continued to rise due to the surging inflation rates. When the Bureau of Labor Statistics calculated the most recent inflation rate using the Consumer Price Index, it was determined that it was at its highest level in 40 years.

New businesses must balance the twin pressures of large outflows of cash against limited inflows. Developing a financial management plan and closely monitoring cash flow are among several business moves that can position a new entrepreneur for success.