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Buying a home is typically a long term investment. When you buy a home, you generally have several decades to pay off the loan. In fact, while there are different loan terms to choose from, most home buyers opt for mortgage loans that have a standard 30-year repayment term. Given … [Read More...]
The post How to Support Small Businesses During Covid: Help Them Go Cashless appeared first on The Simple Dollar. [Read More...]
The post Changes to Debt Collector Rules And How They Affect You appeared first on The Simple Dollar. [Read More...]
The post Stockpile CEO Victor Wang on How to Recover From Financial Mistakes appeared first on The Simple Dollar. [Read More...]
What felt like a temporary laptop-at-the-kitchen-table setup has become permanent — 42% of the U.S. workforce is working from home full-time. In the same survey by the Stanford Institute for Economic Policy Research (SIEPR), 65% of Americans reported not having sufficient internet service for … [Read More...]
Applying for a mortgage might be one of the hardest things about buying a home. It takes longer than, say, applying for a credit card, and it’s a lot more expensive for homebuyers thanks to processing fees. But according to a recent Moody’s study, blockchain technology — the … [Read More...]
There’s a lot to figure out in your 20s as you transition to independence — but we’d argue that money management is one of your top priorities. The education system doesn’t always do a great job preparing young adults to understand fiscal responsibility (and frankly, without the right teacher, finance … [Read More...]
The Covid-19 pandemic and resulting shutdown measures have resulted in a deep recession for the global economy. Despite this, we found the majority of Americans are either very or somewhat confident about their finances for the rest of 2020, according to a new survey conducted by The Simple Dollar. That confidence … [Read More...]
The COVID-19 pandemic has already changed our economy. The U.S. has approved $3 trillion in pandemic-related relief, more than 22 million Americans are applying for unemployment, and 7.5 million small businesses are at risk of closing. At some point, we will all be financially impacted by the economic ripple effects … [Read More...]
Many people have already felt the ripple effects of COVID-19 on their finances — job loss, business closures, retirement funds or investment rates. But what about the cost of actually getting the virus? Testing, treatment and vaccines have to be paid for by someone. Hopefully, it’s mostly paid by your … [Read More...]