Financial planning is the key to financial independence which provides greater security for the future. It has both immediate and long term benefits and hence it is important to keep modifying it as you go through the different stages of life. This can be achieved by calculating liabilities and assets and deploying investment strategies, allowing …

The average rate for a 30-year fixed-rate mortgage is currently 3.295%, up 0.065 percentage points from Friday. As for other types of loans, rates start the week on the rise across the board. This is the third consecutive day of price increases. Despite the slightly higher rates, well-qualified buyers who are considering buying a new …

Albina Sokolova was penalized for admitting to having spoken in her mother tongue with other workers in Eastern Europe, although there were no complaints from her colleagues Albina Sokolova was sanctioned by fruit and nut supplier Humdinger Limited after admitting to speaking in her native language with other Eastern European workers at the factory. ( …

SYDNEY (Reuters) – National Australia Bank will buy Citigroup’s local consumer unit for around $ 882.24 million, the companies said on Monday, as the U.S. bank leaves the region while rivals Buy Now and Buy Now paying later challenges the old business model of credit cards. The deal consolidates 90% of the country’s credit card …

Q. I have a Traditional IRA. The plan allows me to name individuals, trusts or my estate as individuals, but it does not recognize wills. I am older than the RMD start date. With my will, I want to establish trusts for certain beneficiaries, with payments starting at least in 10 years, to avoid the …

The Biden administration is extending its federal freeze on student loan payments until January 2022. (iStock) The Biden administration is extending the moratorium on student loan payments – which is due to expire in September – until the end of January 2022. The Ministry of Education announced on Friday what will be the latest extension …

(Watch this story Monday on WZZM 13) Two months after the application deadline for the third and final cycle of the Paycheck Protection Program (PPP) expired, he continued to be the driving force behind the US economy despite other borrowing opportunities. Bradley Henion “Businesses are a little slow to borrow now because they still have …

OK, so it’s not exactly “fun”. But a new report says retirees who convert their savings into guaranteed life annuities are effectively doubling the amount they’re willing to spend each year, on themselves and their families. The assurance that they will not outlive their savings allows them to open their wallets and have fun while …

Select’s editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. Employment figures continue to recover after massive layoffs linked to the pandemic in March 2020, with Friday’s employment data beating expectations. Non-farm …

The average rate on a 30-year fixed-rate loan is 3.23%, marking the second consecutive day of rate hikes. Other types of loans also start the day with higher rates. The recent upward movement in rates shouldn’t really affect most qualified buyers who are considering applying for a new mortgage or refinancing their existing home loan. …