Category: budget plan

Biden’s Budget Plan Would Raise Taxes, Cut Deficit by $3 Trillion, Invest in America

President Joe Biden is set to release his $6.9 trillion budget for fiscal year 2024 that calls for significant tax increases for wealthy and corporations, cost-cutting measures for families, and more investment in American manufacturing and technology. Biden will unveil his budget proposal on Thursday afternoon at a union hall in northeast Philadelphia, in what…


Biden’s Budget Plan Would Raise Taxes, Cut Deficit by $3 Trillion, Invest in Manufacturing

President Joe Biden is set to release his $6.9 trillion budget for fiscal year 2024 that calls for significant tax increases for wealthy and corporations, cost-cutting measures for families, and more investment in American manufacturing and technology. Biden will unveil his budget proposal on Thursday afternoon at a union hall in northeast Philadelphia, in what…


How to Plan for Saving Money Each Month

What are your plans for your retirement years? According to the 2022 Transamerica Retirement Survey, the top two retirement goals are “traveling” and “spending more time with family and friends.” But to reach those goals, you’ll need to know how to plan for saving money. Unfortunately, over half (55 percent) of Americans admit they’re behind…


Millennial Money: 4 Expenses for Parents to Rethink in 2023

When inflation rises, child care expenses do, too. If you’re a parent, you may be hoping to get a little financial relief during the upcoming tax season through deductions or credits. But since there have been recent reductions to both of the child tax credits, you may not get as much back as you anticipated….


4 Services You May Be Overpaying For

When you’re trying to cut your budget and save money there are lots of ways to do it. You can cut back on restaurant meals, conserve water, and adjust your thermostat. Still, if you’re already doing these things you may think there’s nothing else to trim from your budget. That’s where you could be wrong….


Become a Budget Master with These 6 Tools

Financial management, whether you’re trying to run a business or balance your own accounts, can be intimidating. And it’s only become more complicated in recent years because we use so many different payment modalities. Gone are the days of balancing a checkbook. Instead, many people are tracking funds across multiple P2P platforms and debit and…


How to Make a Spending Plan You’ll Stick To

One of the most important things you can do is learn how to manage your money. Good money management habits can help you stay on top of your situation, and it opens doors in your business as well. You can’t have a thriving business if you don’t have your personal finances under control. The right…


Adjusting for Inflation? Here Are 10 Steps

Inflation has been running hot for the past year. During the pandemic, the U.S. government sent out three stimulus checks. In addition, there were several programs to ease the impact of sheltering-in-place. Debt Forbearance was one such program. For 18 months we could avoid our monthly rent, student loan, car payment, mortgage, and even credit…


6 Types of Budgets and How to Choose

In hindsight, it makes sense that at and after the height of the COVID-19 pandemic Americans hoarded more money than ever. BEA notes that personal income increased $107.2 billion (0.5 percent) in March 2022. While understandable, this is still should raise concerns. After all, Bankrate found that only 41 percent of Americans would be able to cover…