Personal Finances
Worried About the Economy Amid Trump’s Tariffs? Building an Emergency Fund Can Help.
How much should I save in an emergency fund?Vanguard, the big mutual fund company, suggests setting aside $2,000, or half of one month’s expenses, whichever is greater, as a...
How Much Do People Pay for Newsletters Like Substack? It Can Be Surprising.
Despite the surprise, Ms. Hermann-Johnson didn’t consider culling her list. As she read through her paid newsletters — among them from Nora McInerny, a grief writer; Laura McKowen, a...
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
The Federal Reserve is expected to keep its key rate steady on Wednesday, after a series of cuts that lowered rates by a full percentage point last year.That means...
Why Designated Beneficiaries Are Key to Your Estate Planning
Before Zygmund Furmaniuk’s aunt Mary died in 2023, she set up a trust to hold her assets and to distribute her estate, which was valued at nearly $1 million.A...
Don’t Count the Dollar Out Just Yet
In fact, even without the damage inflicted recently by Mr. Trump’s policies, it’s possible that the dollar would be declining anyway, if only because it had reached historically elevated...
Who Decides How Much You Pay for College? Here’s How Tuition Costs Are Set.
Last month, four Republicans from the House and Senate sent letters to the presidents of Ivy League schools demanding years of data about how they decide what to charge.These...
Trump’s Cuts to Science Funding Could Hurt U.S. Economy, Study Shows
Cutting federal funding for scientific research could cause long-run economic damage equivalent to a major recession, according to a new study from researchers at American University.In recent months, the...
Student Debt Collections Restart on May 5. Here’s What to Know.
After a five-year reprieve, the Trump administration will restart forced collections on federal student loans in default, which could include garnishing a portion of borrowers’ paychecks.With collections in place,...
How to Talk to Your Children About Money in These Uncertain Times
Stock market gyrations. Inflation. Layoffs of federal workers. A possible recession.Children may overhear their parents talking about these things and not fully understand what’s going on or how it...
Facing the Trump Tariffs, Markets Are Bracing for an Economic Storm
It is in a president’s interest to ensure that the economy and the stock market are strong. Yet the Trump administration has been doing just the opposite.The mood in...
