money

Nope, no inheritance to speak of here. Tori Dunlap says she did get parental help paying for college, but was also working 3 jobs and had scholarships, enabling her to graduate debt-free. Now she runs Her First $100K, a financial feminist group promoting financial literacy for young women.

Even saving a little bit of money for retirement now could have a huge benefit down the line thanks to compound interest. In our weekly Making Money Moves segment, Chris Davis from Nerdwallet breaks down some considerations for your financial future.

Black-owned banks have seen a notable rise in deposits since the protests over racial justice in 2020.

We all realized the importance of having an emergency fund last year when COVID-19 hit, but building up your savings can be a daunting task — especially when money is tight. “Savings is, I feel like always a struggle,” Lowell resident Timna Nwokeji said. Sarah Wall of Whitman agrees. “It’s really hard to save money with four kids, it’s...

Attorney and former Democratic candidate for Congress Qasim Rashid made the case in an NBC News opinion column for why the Biden Administration should ask Congress for a bill to cancel all student debt. Rashid joined LX News to explain how canceling student loans would benefit all aspects of the economy and why our higher education system needs to be...

The past year has taken a massive toll on small businesses across the country, but some can start preparing for a better 2021. The CEO of Disaster Recovery Institute International, Chloe Demrovsky, joined LX News to explain what businesses should expect in 2021 and how they can start preparing now.

With the New Year less than two weeks away it’s time to start planning your budget pivot. Here are a few tried and true strategies for getting your financial house in order for 2021.

There are more than 130 billion pennies in circulation right now, amounting to more than a billion dollars worth of coins. But the value of the penny has declined to the degree that it now costs more than one cent to produce the one cent coin. So is it time for the penny to be retired? NBCLX storyteller Peter Hull...

Lost loved ones, isolation, unemployment: We asked you to share what’s been on your mind since the coronavirus pandemic swept the U.S. this spring and you answered. Courtesy of our friends at NBC CT, this is a timeline of Covid-19 in America, through your eyes and in your own words.

Home loan rates have trended downward through most of this year, bolstering demand from would-be homebuyers.

Americans mortgage debt climbed to a record high of nearly $10 trillion during the pandemic, according to the Federal Reserve Bank of New York. To help explain, NBCLX talked to the chief economist of the Association of Realtors, Lawrence Yun, and Danielle Hale, the chief economist at Realtors.com, who shared advice for first-time home-buyers.

Staying within a budget during the holidays is tricky any year, but 2020 is taking the challenge to a whole other level. Tiffany “The Budgetnista” Aliche joined LX News to share some tips for keeping your finances on track this year, which includes her “noodle budget” spending plan.

The U.S. stock market has rallied since Election Day, despite the angst in our country over the ongoing vote count. Tom Essaye, the founder of Sevens Report Research, explains why the U.S. stock market is reacting so positively to the presidential election and what it means for the future.

The federal minimum wage is just $7.25 per hour. And President Trump and Joe Biden agree on one thing — that’s not a lot of money to live on. But they don’t agree on what to do about it. You think you know which side you support? It’s more complicated than you think.

President Trump and Joe Biden have each hyped their tax plans as the best deal for Americans. Biden’s plan can be boiled down to his promise that no one who makes less than $400,000 will get a tax increase. Meanwhile, Trump is promising to make the tax cuts he enacted in his first term permanent. But what do their plans...

Do you have money to burn on your student loans? Does your debt keep you warm at night? If so, this video isn’t for you. But for the rest of us, the policies of the next president will help determine if we get a break on student loan debt or if it continues to be our country’s trillion dollar problem....

After significant delays due to COVID-19, ABC’s “Shark Tank” returns for its twelfth season. Mark Cuban joined LX News to talk about the challenges of filming the show during quarantine and shares why other sharks called him “Mother Theresa.”

Did someone say free college? Or canceled student loans? The $1.6 trillion student debt crisis was a major flashpoint during the Democratic primary, and it’s become a big talking point for both President Trump and former VP Joe Biden as they compete for young voters. Here’s what could happen to college affordability and student loans under each candidate.

The Boston Red Sox finished in last place in the American League East, completing a 2020 season unlike any other. The historic season also came with high costs. The pandemic forced each Major League Baseball team’s schedule to be cut from its traditional 162 games to a truncated 60-game slate. That meant instead of teams having 81 home games, each…

As layoffs continue to put Americans out of work, many are hoping for another round of coronavirus relief. But Seth Harris, the former acting U.S. Secretary of Labor under President Obama, explains why the Supreme Court vacancy and the upcoming presidential election are making the prospects of a deal unlikely.