Personal finance

Joseph Wardenaar was an executive chef in Portland before the coronavirus hit. Now he’s pursuing a career in computer programming. Source: Joseph Wardenaar Before the coronavirus crisis, Joseph Wardenaar was a successful chef in Portland, Oregon. At 36, he had worked his way up from line cook to executive chef at Irving Street Kitchen. Then,
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RichVintage Ditch old assumptions Saving for retirement and paying down debt are critical financial tasks. But these days, the usual financial wisdom may not apply. Right now, emergency savings should be top-of-mind for most people. Depending on household circumstances, you might trim retirement plan contributions. If you’re saving through a workplace retirement plan that offers a match,
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Pedestrians in Washington pass a “We Are Open” restaurant sign during the Covid-19 outbreak on May 12. Jonathan Ernst | Reuters When it comes to the next coronavirus stimulus package and providing more direct financial aid, the question on most Americans’ lips is, “Will they or won’t they?” One political analyst predicts it’s likely lawmakers
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Hundreds of unemployed Kentucky residents wait in long lines outside the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. John Sommers II/Getty Images The financial aid that jobless workers have been receiving to shore up household income during the coronavirus pandemic is poised for a dramatic reduction
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Lauren Bringle Jackson, 32, has occasional flashbacks to the 2008-09 recession. Source: Lauren Bringle Jackson Millennials have a dubious distinction: Smacked for the second time in young adulthood by a global economic meltdown. Maybe this time, they are more aware of what’s coming.  More than half of millennials said they expected the pandemic to have
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Rep. Bobby Rush, D-Ill. Ralf-Finn Hestoft | Corbis | Getty Image The bill, called the Student Recovery Eligibility for Low-Income Individuals to Exact Funds (RELIEF) Act of 2020, would make students receiving Pell Grants eligible to receive $1,200 stimulus checks. Federal Pell Grants are need-based funds given to low-income students to help them complete their
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Sam Seagraves Source: Sam Seagraves Almost all of the money Sam Seagraves used to make as an actor in Portland, Oregon, went toward her monthly student loan bill of $1,083.  Then the coronavirus pandemic hit. With many production companies postponing or cancelling operations, Seagraves hasn’t been hired for a role since March. The CARES Act granted
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