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2023 budget includes $14.8 billion for Social Security. Here’s what changes that could bring

March 29, 2022

President Joe Biden’s 2023 budget includes $14.8 billion for Social Security, a 14% increase from 2021. Much of the bump would go to help the federal agency improve its services at a time when it has been challenged by the…

Florida just became the largest state to mandate personal finance education in high school

March 29, 2022

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Finance

Florida is officially the largest state to mandate a financial literacy course for high school graduation. On Tuesday, Florida Gov. Ron DeSantis signed bill SB 1054 into law. The legislation was unanimously passed by both the state House of Representatives and Senate in early…

House prices are going up. Here’s when you should increase your budget, and when to stick to your original price

March 29, 2022

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Credit Scores, Loans

Prior to the pandemic’s red-hot housing market, there was a simple profile that constituted an “A” buyer, according to Brian Copeland, a realtor in Nashville, Tennessee. “Four years ago, an ‘A’ buyer was someone who was pre-qualified for a loan,…

Most medical debt is coming off credit reports. Here’s what to do if yours doesn’t

March 29, 2022

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Credit Scores

If you have medical debt weighing down your credit score, it may be wiped off your credit report in a few months. Yet before you cheer the good news, first make sure your debt qualifies. The three credit reporting companies…

Sri Lanka seeks an addition credit line of $1 bn from India: Report

March 28, 2022

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Cards, Finance, Loans

Sri Lanka has sought an additional credit line of $1 billion from India to import essentials amid its worst economic crisis in decades, two sources said on Monday, as the Indian foreign minister began talks with the government of its…

How Do Airline Miles Work? A Getting Started Guide

March 28, 2022

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Cards, Credit Scores

When you fly, you’ll typically be given a choice to pay with cash or airline miles. Miles are the currency that airlines use in their rewards programs, and it’s possible to use them to book a flight at a deeply…

China and Nepal Study Feasibility of Cross-Border Power Grid

March 28, 2022

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Loans, Mortgage

Officials stated on Saturday that China and Nepal will conduct a feasibility study to build a high-voltage power transmission line across the Himalayas to promote the exchange of electric power. Following negotiations in Nepal’s capital Kathmandu, Chinese Foreign Minister Wang…

Credit cards may have missed the millennial bus

March 28, 2022

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Cards, Loans

Millennials have overwhelmingly voted with their feet for new payment systems like digital/mobile wallets and mobile-based instant payments Much has been said about how the COVID pandemic had a silver lining for some, especially digital payment services. In India, where…

7 reasons the wealthy use credit cards

March 26, 2022

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Credit Scores

1. Rewards Since many cards offer 1% to 2% cashback for every purchase you make, it’s not difficult to rack up meaningful rewards if you spend a lot on your cards. And if you’re savvy with airline miles, you can…

Today in FinTech: Ola Buys Digital Bank; Alt Finance Needs Stronger ID Security

March 26, 2022

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Mortgage

In today’s FinTech news, ride-hail firm Ola acquires challenger bank Avail Finance, while Relay Payments launches a payments solution for the fleet industry. Plus, a recent survey shows financial advisors are slow to recommend digital assets for clients’ portfolios. [Read…

All Posts

2023 budget includes $14.8 billion for Social Security. Here’s what changes that could bring

Florida just became the largest state to mandate personal finance education in high school

House prices are going up. Here’s when you should increase your budget, and when to stick to your original price

Most medical debt is coming off credit reports. Here’s what to do if yours doesn’t

Sri Lanka seeks an addition credit line of $1 bn from India: Report

How Do Airline Miles Work? A Getting Started Guide

China and Nepal Study Feasibility of Cross-Border Power Grid

Credit cards may have missed the millennial bus

7 reasons the wealthy use credit cards

Today in FinTech: Ola Buys Digital Bank; Alt Finance Needs Stronger ID Security

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