How does the lottery work and is it worth playing? | personal financing

If you are thinking of playing the lottery, you surely know that the odds of becoming a millionaire are not very good. But that doesn’t stop anyone from playing. According to the North American State and Territory Lottery Association, during fiscal year 2019, the year for which the latest numbers are available, lottery sales in … Read more

Early Social Security Demands, Prepare for This Big Change in 2023

(Kylie Hagen) We’re only a few weeks away from figuring out what kind of a Cost of Living Adjustment (COLA) Social Security recipients can expect in 2023. While this is a pretty big deal, it’s not the only exciting change coming to the program next year. Workers who claim Social Security early may notice a … Read more

Why the dollar’s rise raises questions – and doubts – about a Plaza-style intervention

The historical rise of the US dollar has alarmed investors and policy makers, raising questions, along with skepticism, about a 1985 “Plaza Agreement”-style intervention. The combination of persistent inflation and sluggish growth around the world, as well as the US central bank committed to aggressively raising interest rates, has turned the US currency into the … Read more

Oklahoma lawmakers hope $1.87 billion will be enough for fast internet

What would $1.87 billion buy you in Oklahoma? Some lawmakers hope it will be enough for a faster internet. One of the big projects to get the green light on Tuesday was as the state decided how to spend the federal COVID-19 relief money, and one of the things where the two sides came together … Read more

3 Unstoppable Investments Everyone Needs in Their Portfolio | Smart Change: Personal Finance

(Chuck Salita) With the stock market plummeting throughout most of 2022, investors are rediscovering the risks involved in investing. The unfortunate truth is that your money is there Always At risk of experiencing some kind of loss, whether invested or not. As a result, it is very important that you put parts of your money … Read more

What is the average American net worth by age? | Savings and Budget

Knowing how much money you have at your disposal in your checking and savings accounts is important for budgeting and everyday expenses. But these numbers don’t take into account other critical aspects that contribute to your overall financial position, including liquidable assets and liabilities, such as outstanding debts. This is why knowing your net worth … Read more