On July 30, 2022, a $1.34 billion jackpot was won in a Mega Millions lottery. As this amount was the second highest recorded in United States history, it is the perfect time to go over the process of winning the lottery, from the luck it requires to how the winnings can be claimed and the disadvantages of winning a lump sum of money with practically no effort.

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.

Workforce payments platform Branch recently conducted a survey asking hourly workers in the United States about their financial situation. The purpose of this survey was to determine how well off these hourly workers are in the midst of the current economic climate, and the results were startling.

Since the beginning of the COVID-19 pandemic, many people took advantage of the low-interest rates and decided to purchase a house. As many others had a similar thought process, the demand for housing began to rise.

The USD and Euro are nearing parity, meaning that their bank notes could be used internationally without a change in purchasing power.

The U.S. economy has experienced higher inflation than before, reaching its highest point since 1990. As a result, many Americans are turning to their credit cards to pay for their needed goods and services that have risen in price. Unfortunately, excessive use of credit cards to pay for goods and services can have major financial setbacks.

Your home offers a potentially high-value/low-risk way to earn money while you sleep. House hacking allows you to earn cash that can be used to pay off your mortgage or build your property investment nest egg.

A study conducted by Oxfam observed the minimum wage workers earn across the country and found that nearly 1/3, or 32% of all workers are compensated at an hourly wage below $15. With the cost of living rising due to the economy's current conditions, now is a crucial time to try and increase your working wage to ensure your disposable income does not lower.

On June 18, 2022, Bitcoin’s price dropped under $20,000 for the first time since December 2020. Bitcoin showed a remarkable growth during the COVID-19 pandemic, especially during the lockdown era, with the price of the digital currency surging by 300%. However, as the famous saying goes, “The higher they rise, the harder they fall,” which is what Bitcoin is experiencing.

In the first quarter of 2020, when the COVID-19 pandemic first began, household wealth declined. However, since then, it has continued to rise, until now. A new recent report released by the Federal Reserve looked at the wealth of households and highlighted key financial data regarding where money is rising and falling.

Over the past couple of weeks, investor confidence has been dropping in both the crypto and stock markets. Moreover, with the current economic climate, many investors have begun offloading most of their investments as there are rising concerns about a potential recession, leading to a crypto bear market.

Homeownership is one of the most common forms of building wealth.

College is a time of greater freedom and personal growth. It’s also an ideal time to learn and put in place personal finance habits that can last a lifetime.

Currently, due to various domestic and international events going on right now, the United States (U.S.) economy is performing poorly. From high gas prices to even higher inflation rates, some people are speculating the worst.

One of the biggest purchases a person can make is buying a home. Buying a new home is typically an excellent long-term investment; once the mortgage is paid off, you are left with a high-value asset under your name.