The IRS has rolled out a series of tax code changes for 2024, reflecting adjustments in response to inflation and other economic factors. These updates are crucial for everyone, from the individual taxpayer to families and retirees. The changes affect various aspects of taxation, such as income tax brackets, standard deductions, and retirement contributions, shaping […]
Author: Mark Garro
Go Organic, Not Broke: Budget-Friendly Tips for Healthy Eating
Eating organic is often seen as a luxury due to its higher price tag, often deterring budget-conscious consumers. But it doesn’t have to. With a few smart strategies, even those on a tight budget can incorporate organic foods into their diet. Understanding Organic Appeal Organic foods, known for being produced without synthetic fertilizers or genetic […]
Global Tourism Taxes Surge: Prepare for Pricier Holidays
2024 is shaping up to be a costly year for travelers as an increasing number of countries adopt or escalate tourism taxes. These changes, aimed at combating over-tourism and fostering sustainable travel, are impacting holiday budgets and experiences across the globe. Understanding these taxations is essential for anyone planning to journey to many popular destinations. […]
Congress Agreed on Budget: Shutdown Was Averted, but for How Long!
US Congress leaders have negotiated a deal on the federal budget to prevent a potential government shutdown. This agreement, crucial in the current political landscape, outlines a spending plan for the remainder of 2024. Impending Deadline Congress faces a pressing deadline to finalize this $1.6 trillion budget. The deal aims to avert a partial government […]
Are Boomers to Blame for the Housing Shortage? Staying Put Longer Changes Market Dynamics
Homeowners across the U.S. are getting comfy and staying put in their homes much longer than they used to. This trend is reshaping the housing market, leading to inventory shortages and affecting the affordability of homes across the country. Extended Stays Becoming the Norm The average time homeowners spend in their homes has nearly doubled […]
Is America’s Inflation Chill Here to Stay, or Just a Fluke?
In recent months, the United States has witnessed a significant easing of inflation, a positive turn for the economy. This change, coming faster than the experts predicted, brings a mix of relief and new questions about what lies ahead for the nation’s financial future. Inflation’s Peak and Decline In 2021 and 2022, inflation soared, impacting […]
Immigration Cuts Could Cost U.S. Billions in Economic Losses
Right now, there’s a huge debate about immigration in the U.S., and it’s not just about politics — it’s about the economy’s future. Some folks in the Senate want to tighten up border security and cut down on immigration, but not everyone’s on board. Experts are chiming in, saying this could really slow down economic […]
Boost for Wallets: Working Families Can Stretch Their Dollars Further, New Report Shows
In a revealing update from Primerica, middle-income households in the United States are finally seeing a glimmer of financial stability. The latest Primerica Household Budget Index™ (HBI™), which provides an essential gauge of household economic standing, indicates a turn in fortunes, but it’s not all smooth sailing yet. A Positive Shift The HBI™, focusing on […]
California Faces Population Exodus: Big Earners Depart and the Money Goes With Them
Some of California’s richest folks are packing their bags and heading for the hills, and it’s costing the state big time. According to the latest stats from the U.S. Census Bureau, California saw a major drop in population last year, with tens of thousands of people, including many big earners, saying goodbye to the Golden […]
No Love for Gig Workers on Strike – Execs Say They Chose Flexibility Over Pay
On a day when love is usually in the air, a different kind of passion was on display this Valentine’s Day. Thousands of drivers for Uber, Lyft, and DoorDash took to the streets, not for love, but for fair pay and better working conditions. A Nationwide Call for Change Drivers across the U.S. are fed […]