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NY state might send you a check for up to $250 this month. Here's why
Unexpected money might be on the way to you right now. Yes, you read that correctly. If you have unclaimed money from an uncashed check, and old bank account, or money that was considered abandoned in New York State, checks are being issued now. And you don’t have to do anything to claim it. If the amount owed is...
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New policy for unclaimed funds in New York
There are billions of dollars that belong to people in the Tri-State that go unclaimed every day. These are old bank accounts or checks that never got cashed, money that was considered abandoned and then turned over to the state. Now, some of that money could be headed to your mailbox. News 4 consumer reporter Lynda Baquero to explain why.
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2025 financial goals: Here are 10 tips to change your relationship with money
If you’re planning to make financial resolutions for the new year, experts recommend that you start by evaluating the state of your finances in 2024. Then, set specific goals and make sure they’re attainable for your lifestyle.
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Here's what should be on your financial to-do list for 2025, top advisors say
Many people will make financial resolutions for 2025. Here’s some items financial advisors hope you will consider putting on your list for next year.
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36% of Americans took on holiday debt this year — averaging $1,181 — survey finds. These tips can help
The holiday season may linger on for those who racked up more credit card debt than they anticipated. These tips can help knock those balances down.
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See how these 24-year-olds spend their 6-figure incomes in New York, California and Bali
Everyone spends money differently, even if they earn similar amounts. Here’s how three 24-year-olds spend their six-figure salaries in various locations.
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What it would cost to live like the ‘Home Alone' family today, according to financial advisors
The Christmas movie “Home Alone” often prompts questions about the McCallister family’s finances. What advisors say it takes to maintain their level of wealth.
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IRS sending $1,400 checks to a million Americans. Do you get one?
Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people’s bank accounts or sent in the mail by a paper check. The IRS said it’s distributing about $2.4 billion to taxpayers who failed to claim a Recovery Rebate Credit on their…
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Paying down debt is Americans' top financial goal for 2025. Here are some tips that can help
More Americans expect their finances will improve in the New Year, a new Bankrate survey finds. A popular financial goal in 2025 is to pay down debts.
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Minimum wage goes up in 2025 in NY, NJ and CT: How much to expect
Workers will be able to see that raise in their checks starting Jan. 1, 2025.
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CFPB announces rule limiting bank overdraft fees
The Consumer Financial Protection Bureau says the rule will save American consumers $5 billion annually.
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The top 10 U.S. cities where salaries are shrinking fastest: In 4 metro areas, incomes dropped by 17%
Residents in four U.S. cities saw the local median household income fall by at least 17% between 2022 and 2023, according to SmartAsset.
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NYers could get ‘Inflation Relief' checks next year, under new plan from Hochul
New Yorkers could get “Inflation Refund” checks of up to $500 from the state government next year under a proposal that Gov. Kathy Hochul announced Monday. The plan, which must first be approved by state lawmakers, would send out one-time payments of $300 to people who earn less than $150,000 and $500 to families making less than $300,000. Hochul, a…
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This personal finance educator says budgeting is ‘toxic' — try ‘intuitive' spending instead
One financial educator says there’s a dominant culture of budgeting in the U.S. that relies on “restriction, shame and greed.”
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The 10 US states with the highest average credit scores
For the third year in a row, Minnesota residents have the highest average credit scores in the U.S., a recent report from WalletHub finds.
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‘Buy now, pay later' is more popular than ever. It can cost more than you think
More shoppers are using ‘buy now, pay later’ plans heading into Black Friday and the holiday season, as the ability to spread out payments looks attractive at a time when Americans still feel the lingering effect of inflation and already have record-high credit card debt. Experts say the short-term loans can lead consumers to overextend themselves and warn that those...
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41-year-old whose side hustle brings in $600,000 a year: This is the ‘best possible way' to make money
Makeup artist Alexandra Rutkay launched Citymouse after growing frustrated by most diaper bags. Her side hustle now brings in six figures in annual revenue.
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The average amount Americans have saved for retirement in every US state—see how you compare
Retirement savers in one state have the most saved up, on average, in the U.S.. Here is the average household retirement account balance for nearly every state.
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IRS mistake nearly costs New Jersey woman $3.8 million
An IRS mistake that could have cost a New Jersey woman $3.8 million and her home. News 4 consumer reporter Lynda Baquero explains why.
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She makes $148,000 a year. Her partner makes $29,000. Here's how it affects their relationship
Mindy earns five times as much as her boyfriend, Victor. But the bigger issue is their financial knowledge gap.