The average U.S. household will spend an additional $5,200 this year to buy the same goods and services purchased last year due to the effects of the inflation tax. This “inflation tax” hits low- and middle-income families the hardest because they often don’t have the sophistication or liquidity to invest in hedges against inflation.

Inflation rose in August 2025, with consumer prices climbing at their fastest annual rate since January, driven by shelter, food, and travel costs that offset cooling in other categories. Real wages continued to grow year-over-year, and household purchasing power reached its highest level in over a year — but the Fed’s path to its 2% target remains slow.

Mortgage insurance typically costs between 0.25% and 2% of your mortgage amount per year. You can save thousands of dollars if you learn how to get rid of mortgage insurance. There are four ways you can get rid of mortgage insurance, three involve waiting and the fourth you might be able to do today.

Most people (seven out of ten, to be precise) have financial resolutions for 2022, but only a few of us will do something to achieve our goals. If you are looking to achieve your financial resolutions this year, here are the three most popular financial resolutions of 2022 (and one resolution that might just help you achieve them all).

Knowing how to read charts is a valuable skill for traders. However, all the jargon can be intimidating. That’s why we created a comprehensive guide on how to read and understand charts that boils down all the technicalities in an easy-to-follow format.

It is easy to get overwhelmed when shopping for student loans. There are many factors to consider, such as interest rates, fees, and terms. So, finding the best deal available can be challenging, particularly if you are interested in nontraditional education programs, such as coding bootcamps.

Sales of new single-family homes in the U.S. increased modestly in August as prices continue to climb, making the housing market one of the strongest sectors of the post-Coronavirus economy.

Chinese bitcoin miners are migrating to avoid government crackdowns and are in search of cheap electricity. Other countries are happy to pick up the slack. Find out what the United States, Kazakhstan, Russia, and Iran have in common.

The Chinese government is fighting an unwinnable war against crypto, according to Elon Musk. But that’s not stopping them from trying.

Wondering how to send money without using a bank account? You’re not alone. Sending money to friends and relatives is a common problem for many people, especially if they don’t have access to a bank account or credit card. The good news, though, is that it’s possible! In this blog post, I will give you step-by-step instructions on how to transfer money without a bank account and the best way of doing so, depending on your situation.