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The System Is Rigged Against Americans Working Minimum Wage
The pandemic has highlighted how many people in America are living close to the financial edge. For years, working one full-time job has not been enough for many minimum wage workers to get by. Should a full-time job in America guarantee a living wage? NBCLX storyteller Cody Broadway explores how the system is working against our essential workers.
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IRS Delays Start of Tax Filing Season to Feb. 12
The IRS will begin receiving 2020 income tax returns on Feb. 12.
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Those $200 Medicare Drug Discount Cards From Trump Administration Won't Happen
The Trump administration will be unable to get the discount cards out to beneficiaries.
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Extra Unemployment Benefits Won't Be Available to Some Workers for Weeks
Some states, like Virginia, Oklahoma and Texas, won’t be able to issue additional funds from the Covid relief law to certain workers for several weeks.
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Powerball Jackpot Jumps to $640 Million. What to Do If You Win
With no ticket matching all six numbers drawn Wednesday night, the top prize has soared to $640 million. Mega Millions’ jackpot, meanwhile, is $750 million.
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‘Black-ish' Star Anthony Anderson Said He Cut Off His Kids For Their Own Good
Tough love or smart parenting? “Black-ish” star Anthony Anderson said he’s already cut two of his children off from his bank account, letting them know that while his love for them may be endless, his dollars have a limit.
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Black and Hispanic Americans Pay Twice as Much in Bank Fees as Whites, Survey Finds
Black adults report shelling out an average of $12 a month and Hispanics are paying $14 a month, on average, Bankrate found. Whites pay an average of $5.
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The Best Free Resources to Help You Learn How to Manage Your Money
Reading articles and news about money helps you increase your financial awareness at a comfortable pace, and without pressure.
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Many Workers Will Get 4 Extra Weeks of Unemployment Benefits. Here's How
The $900 billion Covid relief law extends two unemployment programs by 11 weeks. Many workers will get an additional four weeks, into the second week of April.
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Savings Interest Rates Hit Rock Bottom Just as Americans Stash Away More Cash
The coronavirus crisis has Americans hoarding more money than ever and earning less on it.
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Don't Buy a Home Just Because Interest Rates Are Low—Here Are 4 Things to Consider First
Over half of renters, 58%, say the Covid-19 pandemic has spurred their desire to own a home. But here’s what to consider before rushing to buy.
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Biden Will Extend Payment Pause for Student Loan Borrowers. Yet Timeline Remains Unclear
An aide for the incoming Biden administration says the president-elect will extend a payment pause and interest waiver for student loan borrowers.
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Self-Made Millionaire Ramit Sethi: Here's Why You Should Spend a Lot of Money on Your Wedding
“Don’t delude yourself into thinking that you are only going to spend $16 on a wedding,” says Ramit Sethi, the recently married self-made millionaire and personal finance guru.
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Jackson Hewitt and TaxAct Say Missing Stimulus Checks Will Be Deposited Starting Feb. 1
Several tax preparation companies affected by the IRS stimulus check mix up say their customers can expect their payments starting Feb. 1.
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‘Black-ish' Dad Anthony Anderson Explains Why He Cut His Own Kids Off Financially
Anthony Anderson’s character on ABC’s hit “Black-ish” taught his TV daughter a lesson by cutting her off financially. In his real life role as a dad, he’s also shown his kids some tough love when it comes to money. Anderson joined NBCLX to share what he is teaching his kids (and now his mother) about financial planning, and how he...
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A Top Democrat Backs $600 Unemployment Boost. Studies Show Increase Didn't Discourage People From Working
Sen. Ron Wyden, D-Ore., wants to increase jobless benefits by $600 a week again. New evidence suggests a prior subsidy hadn’t kept people from returning to work.
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Here's How Compound Interest Can Turn Your Stimulus Check Into a Fortune
Here’s how compound interest can turn your stimulus check into a fortune by investing wisely.
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How This Couple Paid Off Their $195,000 Mortgage in Under 4 Years
Andy and Nicole Hill bought a 2,600-square-foot home just outside of Detroit at the end of 2013. They paid it off in November 2017.
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Working From Home? It's a Great Time to Complete These 6 Financial Tasks You've Been Putting Off
An office often isn’t conducive to completing sensitive personal financial tasks, like rolling over an old 401(k) or checking your credit report. If you now find yourself working at home, here are six things you can finally check off your financial to-do list.
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6 Books and Podcasts That Will Help Married Couples Get Their Finances in Order
Combining your finances with your partner as a married couple can be tricky. To help things go smoothly, check out these money podcasts and personal finances books that are specifically geared toward couples.