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Month: May 2025

Financial expert warns against the hidden traps of 'buy now, pay later' services

May 29, 2025August 7, 2025Admin0

Using “buy now, pay later” (BNPL) has become increasingly common in recent years as people look to split up and finance purchases they make.  According to Credit Sesame financial analyst Richard Barrington, some key steps people should take as they utilize BNPL include budgeting beforehand, reviewing the terms of the plan, determining what fees could […]

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How Trump's tax bill will affect your money

May 24, 2025August 7, 2025Admin0

President Donald Trump’s “big, beautiful bill” cleared the House and is making its way through the Senate.  Still, critics point out the bill, which is over 1,000 pages, will add trillions to what is already ballooning government debt hovering at $36 trillion and deficits. However, U.S. Treasury Secretary Scott Bessent believes this can be managed.  […]

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When leaving the house to your heirs backfires

May 12, 2025August 7, 2025Admin0

Americans have trillions of dollars of wealth locked up in their homes, and passing it on at death can get messy quickly. The typical way of outlining who should get the house in a will can cause delays after death—so much so that most states have set up a new way for homeowners to document […]

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Fed holds interest rate steady as it waits to see impact of tariffs

May 8, 2025August 7, 2025Admin0

The Federal Reserve is keeping rates steady at its targeted range of 4% to 4.25% and is waiting to see how President Donald Trump’s administration’s tariffs will impact the economy. For now, Federal Reserve Chair Jerome Powell said that the central bank is in the right place to monitor the impact tariffs will have on […]

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