The rise in the number of jobs available caused the unemployment rate to drop to 3.8 percent, down from 6.2 percent in February 2021. As the unemployment rate continues to decline and more people can find jobs.

Intuit surveyed 8,000 people regarding whether they dream of becoming a small business owner. Out of the 8,000 people interviewed, 83 percent responded that the pandemic played a role in accelerating their plans to leave their jobs and open their businesses.

A report released in early 2021 indicated that the money in the Social Security Trust Funds is expected to run out by 2034.

Payroll withholding is when a portion of your income is not included in your take-home pay. Instead, the money taken out of your paycheck is directed towards paying federal, state, or local tax authorities.

When you look at your paycheck, and you see various deductions regarding social security and state taxes, among other taxes, you may start to wonder where all your money is going. Financial literacy includes understanding paycheck deductions and becoming attuned to your money.

As the deadline to apply for the Paycheck Protection Program (PPP) loan neared, the news of $130 billion in allocated funds that remain unused promoted the Senate to extend the deadline to apply until August 8, 2020.

Sixty ($60) billion has been set aside for Community Banks and Smaller Credit Unions with the goal of funneling more money to small, rural, and minority-owned businesses.