Andrew Latham
Andrew is the Content Director for SuperMoney, a Certified Financial Planner®, and a Certified Personal Finance Counselor. He loves to geek out on financial data and translate it into actionable insights everyone can understand. His work is often cited by major publications and institutions, such as Forbes, U.S. News, Fox Business, SFGate, Realtor, Deloitte, and Business Insider.
articles from Andrew
233 posts
The IRS Adjusted Tax Brackets For Inflation: Find Out How Much You Will Save
Published 01/26/2024 by Andrew Latham
You have probably heard that the IRS adjusted tax brackets for 2023 and 2024 for inflation. But have you wondered what that means for your bottom line? Find out why the IRS does this and how much you could save. This article explains the concept of inflation adjustment in tax brackets, presents comparative tables for 2022, 2023, and 2024, and outlines the estimated maximum savings for taxpayers in each bracket.
Reverse Mortgage Fees: 5 Fees to Look Out For (With Estimates)
Published 10/02/2023 by Andrew Latham
Reverse mortgages offer a unique financial solution for seniors, unlocking home equity without a sale. However, understanding the encompassing fees, both initial and ongoing, is crucial. This article elaborates on the actual costs, contrasting reverse mortgages with traditional ones, and provides tips for prospective borrowers to shop wisely.
Barclays Increases Interest Rates For Its Savings Account To 4.35% APY (July 2023)
Published 07/26/2023 by Andrew Latham
Barclays has increased the maximum APY for its US Online Savings account to 4.35% APY (from 4.15%).
Barclays Increases Interest Rates For Its Savings Account To 4.15% APY (June 2023)
Published 06/16/2023 by Andrew Latham
Barclays has increased the maximum APY for its US Online Savings account to 4.15% APY.
Inflation is Dropping, But Core Sticky Inflation Remains Stubbornly High: What It Means for You
Published 04/13/2023 by Andrew Latham
Despite overall inflation rates dropping, core sticky inflation remains high, impacting essential items like housing, healthcare, and education. This discrepancy creates confusion for consumers, uneven economic impact, and monetary policy challenges, emphasizing the complexities of managing inflation.
Unlock Your Financial Superpowers: Celebrate Financial Literacy Month this April!
Published 04/06/2023 by Andrew Latham
April is Financial Literacy Month, which emphasizes the importance of personal finance in the current economic landscape. Inflationary pressures have made it critical for Americans to be intentional about their spending and saving habits. A standalone personal finance course in high school equips students with the skills to navigate the complexities of modern financial life, and policymakers, parents, and educators must prioritize personal finance education. Monitoring the financial services industry is equally vital.
Small Business Owners Turn to Local Credit Unions as Banking Turmoil Mounts
Published 04/06/2023 by Andrew Latham
According to a recent survey, small business owners are increasingly turning to local credit unions to protect their funds amid economic uncertainty caused by recent bank failures and financial woes. The survey shows that credit union use among SMBs has surged by 65% over the period just prior to the banking upheaval, with many SMBs leaving their large, national banks behind. Veterans topped the list of small business owners who moved their funds after the banking crisis, followed by women-owned, minority-owned, and non-minority-owned businesses.
Crescent Bank Increases the Interest Rate On Its Short-Term CD Account To 4.95% APY (March 2023)
Published 03/09/2023 by Andrew Latham
Crescent Bank has increased the maximum APY for its CD account — now up to 4.95% APY — and lowered the interest rates on longer-term certificates.
How to Pay For Coding Bootcamp
Published 02/14/2023 by Andrew Latham
Most coding bootcamp students can’t qualify for federal student aid or traditional private student loans. However, other financing options are available. This article provides a comprehensive discussion of coding bootcamp financing options, such as personal loans, scholarships, crowdfunding, credit cards, and income share agreements.
How to Lower Monthly Payments
Published 02/14/2023 by Andrew Latham
Trying to build up your savings? Lower monthly payments may be the key. You can save big by paying less every month on expenses like your mortgage, car and home insurance, credit cards, and student loans.