Personal Finance

Social Security Number: In a statement, the National Public Data statement, "The incident is believed to have involved a third-party bad actor that was trying to hack into data in late December 2023, with potential leaks of certain data in April 2024 and summer 2024."

Mortgage Rates Rises: The average rate on a 15-year fixed mortgage was 5.66% an increase from 5.63% last week. Last year, the average rate on a 15-year fixed mortgage was 6.46%.

July Inflation: Kathy Bostjancic who is the chief economist said that the data given is “a very encouraging core reading and should give the Fed lots of confidence to start the easing process.”

Cash App Settlement Eligibility: The compensation could include up to $2,500 to cover the losses they didn't, before the final approval. If the claims are higher than the available payment funds, the payouts may be cut proportionally.

 Texas tax free weekend: The Texas Comptroller's office reports that during this year's sales tax weekend, Texas people saved around $143.4 million by not paying any state taxes.

Nearly 48% of the Student Loan Borrowers: Consumer advisors say not to be careless and to avoid taking loans on the assumption that the government will forgive their debt.

Medicare vs. Social Security: If you're waiting until after age 65 to sign up for Medicare, make sure that your group health plan gives you a special enrollment time to avoid late enrollment penalties.

Overall, the 2.63% COLA for next year is still good news for people who get Social Security, even though it is less than the current 3.2%.

Texas Tax Free Weekend 2024: The event this year lasts from Friday, August 9th, until Sunday, August 11th, at midnight.

Fed Cut Rate is Steady:  The Federal Reserve held short-term interest rates steady on Wednesday. And indicates that borrowing costs can be reduced in the next meeting in September as inflation as Inflation is getting closer to the U.S. central…

Unpaid Carers can get their pension cut: About 5 million UK citizens are unpaid carers. Unpaid carers are those who take care of ill, mentally unstable, old, or addicted people voluntarily taking some time out from their work. But these…

If you are planning to pay the mortgage after your retirement you may want to rethink it, In citizens who are 75 and above

The U.S. economy picks up this spring unexpectedly,  amid solid gains in consumer spending and business investment. The economy expanded at an annual rate of  2.8% the pace was faster than expected as the reports predicted that there would be…

Americans have become more confident about reaching their financial goals since last year as inflation is slowing down