Student loan bills, higher prices for groceries, and uncertainty about the child tax credit all could cut into family budgets in 2022.
Author: Susan Tompor, Detroit Free Press
How to throw more money at an inflation hedge with this year-end hack
Some savers may want to ‘double-up,’ if you will and buy I Bonds before year end. Inflation-indexed savings bonds gain more interest as prices go up.
Latest child tax credit money arrives Dec. 15. But don’t count on extra cash in 2022.
The money will stop unless Congress passes President Joe Biden’s Build Back Better package, which is currently stalled in the Senate.
Reshipping scams target job-seekers looking for remote work. Beware of these red flags.
Consumer watchdogs are warning of an uptick in jobs scams, such as reshipping scams, as many unemployed workers try to find jobs working from home.
Chase adds tools to help customers avoid overdraft fees – but it’s not eliminating them
Chase, the country’s biggest bank, is revising a series of practices as more political pressure and competition builds relating to overdraft fees.
Tax break for charitable donations packs extra incentive for giving this year
Thinking about making a charitable contribution? Check out the special tax break for donations made by the end of 2021.
Careful where you click: Tragedies like Michigan’s Oxford school shooting attract scammers
Bad actors often use tragedies like the Oxford school shooting to trick consumers into making donations and clicking on bad links.
Midwest faces some of the country’s worst price hikes on gas, electricity, food, cars
The shock effect is worse for consumers in the Midwest and South. The consumer price index jumped 6.6% in October from a year ago in these regions.
I Bond rates can be an inflation hedge: What are they and why should you buy some now?
You’re going to hear more about I Bonds in November when some startling new rates are set to be announced. What are they and how do they work?
When can you expect your October child tax credit payment?
October can scare up several reasons to think about taxes, including wondering when the next child tax credit payment will arrive.