After keeping interest rates low throughout the first two years of the COVID-19 pandemic, the Federal Reserve announced its third rate hike this year, raising rates by three-quarters of a percentage point on June 15. That follows increases in May and March, which together totaled another three-quarters of a point, and the Fed has signaled plans for additional increases before the year's end.
Read More about What a Fed Rate Hike Means for Borrowers, Savers and Home Buyers In New Mexico
Everybody loves summer, right? Trouble is, the costs for all that fun can add up and sink your savings goals in the process. The good news is that with a little planning, you and your family can enjoy all that summer has to offer, without busting your budget.
Read More about Summer Spending Tips
If you’ve accessed your credit reports at any time in your life, odds are that you have seen some mistaken information in your credit file. Identity theft is one natural concern when this kind of information is found.
Read More about How to Spot Identity Theft on Your Credit Reports
If you ask ten different people what financial freedom means to them, you will likely get ten different answers. Some people view financial freedom as that mythical land where they no longer have to work. For others, being financially free means living below their means so they can put cash aside for a rainy day.
Read More about Creating a Personalized Path to Financial Success
An individual retirement arrangement (IRA) is a personal savings plan that offers specific tax benefits. IRAs are one of the most powerful retirement savings tools available to you. Even if you're contributing to a 401(k) or other plan at work, you might also consider investing in an IRA.
Read More about Understanding IRAs
Taxes are due for 2021 on Monday, April 18. Are you looking for ways to save on your tax-prep this year? The IRS Free File program, no-cost tax software, free clinics, asking for discounts, and DIYing it can save you money.
Read More about 5 Ways to Trim Your Tax-Prep Costs This Year
What would you do if you were trying to sell some furniture online and the "buyer" asked you to verify that you were a real person and not running a scam? Would you message back? Would you give out your number? Learn more about how scammers are getting your phone number so they can scam others.
Read More about Scam Alert: ‘Prove to Me You Are a Human and Not a Bot’
When Sarah Pekkanen let her son sign up for a free trial of an online educational subscription, she figured she would cancel the subscription before charges began and in the meantime, her son, now 12, would learn math. But she forgot to cancel, and soon the charges started piling up.
Read More about Doing a Subscription Detox Could Plug Monthly Budget Leaks
A successful investor maximizes gain and minimizes loss. Though there can be no guarantee that any investment strategy will be successful and all investing involves risk, including the possible loss of principal, here are six basic principles that may help you invest more successfully.
Read More about Six Keys to More Successful Investing