Personal Finance

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Latest Personal Finance News

Survey: The average American feels they’d need over $200K a year to be financially comfortable

From stubborn inflation to rising interest rates, it’s exceptionally expensive to have a shaky personal financial situation in 2023 —…

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Economists And Politicians Don’t Get The High Consumer Price Blues

You can tell it’s a particularly hot political season when economists have staked out their boundaries, wagging their fingers at…

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Supreme Court To Hear Case About Whether A Bankruptcy Trustee May Avoid A Debtor’s Tax Payment

Although the Supreme Court’s term is nearly finished—and this term has been exciting for the tax world, with cases like…

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Biblical Financial Principles: Wisdom From The Ancient Scriptures

“His divine power hath given unto us all things that pertain unto life and godliness, through the knowledge of Him…

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How To Break Free From A Cycle Of Debt

As a licensed wealth advisor, I've witnessed the heavy impact that debt has on individuals and families, particularly in underserved…

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BOP Ordered To Transfer Prisoner Home After First Step Miscalculation

The federal Bureau of Prisons (BOP) is still trying to implement the First Step Act (FSA) over five years after…

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How IRS Taxes Legal Settlements And Legal Fees Surprises Plaintiffs

The tax treatment of litigation damages is varied and complex. Even worse, in some cases, legal fees can't be deducted.…

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Illinois Gas Tax Increase—47 Cents Per Gallon After July 1

Beginning July 1, Illinois residents will see a small increase in gas prices as the state implements a new motor…

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How To Build An Antifragile Financial Plan With 4 Buckets

I’ve got good news: You’re antifragile. We, as humans, are antifragile. And our financial plans can be, too. Have you…

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5 Problems With The Supreme Court’s Chevron Decision

The Supreme Court decision on Loper Bright Enterprises et al. v. Raimondo, Secretary of Commerce, et al. — more popularly…

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