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What Should You Do With Your Savings? - The New York Times

A Budget Game Plan: Mother of Five Pledges to Freeze Her Non-Essential Spending for January

She and her husband have just over $50,000 in total debt, which includes student loans, medical bills, credit cards and a car payment. She s currently not working and her husband owns a landscaping company. Bozarth admits she has never been good at sticking with a budget. She and her husband pay bills as they come in and buy stuff when they want. That includes grabbing take-out, buying fountain drinks at the gas station and making purchases on Amazon nearly every day. Those expenses add up quickly, and before you know it, you have spent hundreds [maybe thousands] of dollars on things that weren t necessary, she wrote to CNBC in an email.

A budget game plan: Mother of five pledges to freeze all of her non-essential spending for January

A budget game plan: Mother of five pledges to freeze all of her non-essential spending for January CNBC 1/10/2021 Michelle Fox © Provided by CNBC Rachel Bozarth and her family have frozen their spending on non-essential items for the month of January. Rachel Bozarth is taking some drastic measures to attack her debt. The 32-year old mother of five has pledged to freeze all of her non-essential spending for the month of January. I need to retrain myself to realize that not everything is a need, said Bozarth, who lives in Olathe, Kansas. She and her husband have just over $50,000 in total debt, which includes student loans, medical bills, credit cards and a car payment. She s currently not working and her husband owns a landscaping company.

Americans want to cry as clueless experts advise them to invest Covid relief cheque

Americans want to cry as clueless experts advise them to invest Covid relief cheque Americans have blasted so-called experts for telling them to invest a relief cheque of $600 dollars as more Americans sign up for unemployment benefits. One said: I want to cry The video will auto-play soon8Cancel Play now The Daily Star s FREE newsletter is spectacular! Sign up today for the best stories straight to your inboxInvalid EmailSomething went wrong, please try again later. Sign up today! When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.

Second stimulus checks may be on the way Here s what advisors say you should do with the money

Second stimulus checks may be on the way. Here s what advisors say you should do with the money CNBC 12/17/2020 A second stimulus check could be sent to Americans, if Congress latest negotiations are successful. The reported sum of $600 per individual may not sound like much, but can have lasting effects if used wisely, advisors say. Start by whittling down high interest debts and bulking up your emergency and retirement savings. © Provided by CNBC A new stimulus check is in the works for millions of Americans. If you re eligible for a payment, it may feel either like a life raft or a sudden windfall, depending on how Covid-19 has affected you and your family.

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