For the tens of millions of Americans who have lost their jobs, there is another frightening reality to absorb: amid a global health pandemic, they no longer have health insurance.
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Government emergency efforts worked and the economy saw significant progress in May and June. But with the virus spiking in wide swaths of the country in July, hopes have dimmed hopes for a more significant third quarter bounce.
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The government is set to release the first estimate of second quarter GDP and it’s going to be a doozy.
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If the pandemic has acted as an accelerant to business trends, it has also become an accelerant to inequality. It is important to remember that there are people behind the numbers.
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As colleges and universities announce their plans for the upcoming semester, many families are worried about footing the bill for a significantly different experience. Is it worth it to shell out tens of thousands of dollars, or to go into debt, for virtual learning that may not fit the style of the student?
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Covid-19 has wreaked havoc across the world. What started as a health pandemic quickly became a financial pandemic and now the two are intertwined. What does that mean for the second half of the year? And more importantly, how should you prepare for another six months living amid the dual threat of a health and financial pandemic?
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It just seems wrong, but for millions of Americans, the early summer weeks will include preparing and paying taxes. Because of the pandemic’s timing and impact, the IRS delayed the tax-filing and payment deadlines from April 15th to July 15th.
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I love my emergency reserve fund and want you to love yours too, even when the economy is seemingly strong and it feels like a “waste” to have the money earning rotten interest.
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Imagine you are asked to fill a 12-foot deep hole. Now imagine that the hole is only 11.5 feet deep. Feel better? Of course 11.5 is better than 12, but the task ahead is immense.
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