Following Borrowers Through Forbearance

Andrew Haughwout, Donghoon Lee, Joelle Scally, and Wilbert van der Klaauw Today, the New York Fed’s Center for Microeconomic Data reported that total household debt balances increased slightly in the third quarter of 2020, according to the latest Quarterly Report on Household Debt and Credit. This increase marked a reversal from the modest decline in the second quarter … Read more

How to Keep Work Worries From Ruining Your Sleep

The Sunday dreads, Sunday night blues, Sunday depression: These are all terms for the anxiety and stress many of us experience as Monday obligations loom over the precious few hours left in the weekend. A Sleep Judge survey finds 81% percent of people experience the so-called “Sunday scaries,” and poor sleep ranks especially high on the list of symptoms that come … Read more

20 Ways to Make Good Money Without a College Degree

Most everyone will agree that doctors, lawyers, engineers, etc. are careers with high income skills. But all of these require at least four years of college, if not more. Because these specialized skills need formal education, it’s understandable why they demand a high income. However, did you know there are skills you can learn to … Read more

Why Do Payday Loans Get a Bad Rap?

With big, bright signs offering quick cash, storefronts for payday loans are hard to miss. But while they may offer plenty of promises for easy financial help, there’s more to them than meets the eye.  Before you go down the financial rabbit hole payday loans can create, there are some things you may want to … Read more

20 Great Jobs for Introverts

The closure of many public establishments such as restaurants, movie theaters and clubs has forced many in the labor force to pursue jobs where you work alone without real human interaction. Yet, even before the pandemic, workers have increasingly turned to jobs that do not require physical attendance at an office. People who would rather work alone … Read more

The Most Popular Cities for Gen Z Homebuyers

Some Gen Zers are looking to buy homes Despite the ongoing economic turmoil wrought by the COVID-19 outbreak, many members of Generation Z (born after 1996) are attending college, starting their careers and even buying homes for the first time. Gen Zers comprise just under 10% of potential homebuyers in any of the nation’s largest metros. But … Read more

The WORST Financial Advice of 2020

This year has been rough. And to make matters worse, some of the financial advice given out during 2020 has been awful. Here’s our list of the worst financial advice in 2020. Let’s start by looking at some of the terrible “day-to-day” advice. This is bad guidance that could affect your everyday lives and choices, … Read more

National Collegiate Student Loan Trust Class-Action Lawsuit

By Gregory Frank, FRANK LLP. What a Student Loan Recordkeeping Mess A group of murky Wall Street trusts have taken millions of dollars from Americans, claiming they are owed almost $12 billion in student loan debt, even though they cannot prove it. The Attorney General of New York and other regulators have forced National Collegiate … Read more

How to Grill the Perfect Steak

Because of the lockdown, we’re cooking at home far more often, and for many of us that means more grilling, and for some more steak gilling (at least while supplies last). If you do manage to get your hands on some steaks, or you’ve already stocked up, you’ll want to make sure you cook that steak … Read more