If you have $15,000 in a safe or a traditional savings account, you may be looking for a more effective way to grow your savings dollars. After all, traditional savings accounts currently only offer 0.45% average annual returns and your safe doesn’t produce any return. But, a certificate of deposit (CD) may help you passively grow your savings dollars. In …

Student loan borrowers with significant amounts of debt received some welcome news this week after the White House revealed the approval of $7.7 billion in student loan forgiveness. The latest round of forgiveness will extend to 160,500 additional borrowers. In total, the Biden administration will now forgive $167 billion in student loans for 4.75 million people. Those who qualify for …

Are you dealing with high interest debt that only seems to grow with time? Are you looking for ways to get out of it? If so, you’re not alone. In fact, recent statistics from the Federal Reserve Bank of New York show that about one in five credit cards is maxed out and nearly 9% of Americans who owe money …