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Personal Finance

Is Another Recession Coming in the US? Watch for These Warning Signs | Family Finance

After growing for six consecutive quarters following the short, steep Covid-induced recession in early 2020, the US gross domestic product slipped by 1.4% in the first quarter of this year. The drop, which surprised some economists, is just one more sign that the US economy is beginning to slow. That’s not necessarily a bad thing. […]

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Personal Finance

Comparing Financial Strategies: FIRE, 50/30/20, Bogleheads and Ramsey’s Baby Steps | Saving and Budgeting

Financial movements like FIRE, velocity banking, and the strategies promoted by personal finance influencers like Dave Ramsey and Suze Orman often play an outsized role in shaping families’ financial strategies. But this advice is a double-edged sword in the eyes of many professional financial planners. These financial strategies can encourage individuals to address their financial […]

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Personal Finance

How to Make Sense of Your Pay Stub | Personal Finance

Every so often, Jenny Redes gets a call from an employee who has recently discovered their pay stub. They typically have questions about what all the various numbers mean, and the human resources professional says that’s understandable. β€œIt’s a lot of information,” says Redes, a Society for Human Resource Management certified professional and human resources […]

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Personal Finance

Why Employees Need Financial Wellness Benefits | Saving and Budgeting

When it comes to financial benefits at work, employers typically provide a 401(k) retirement plan option – and that’s it. But both economists and human resources experts alike suggest that expanding financial wellness benefits in the workplace could be a cost-effective way to quickly address the staggering number of Americans living paycheck to paycheck, struggling […]

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Personal Finance

How Much to Tip Hairdressers | Personal Finance

Whether you frequent an upscale salon or a local barber shop, you might feel uncertain about how much to tip – and it’s no wonder. Tipping can feel arbitrary, and you might be unsure about your understanding of tipping etiquette. For instance, are there hard and fast rules around tipping, or is it up to […]

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Personal Finance

How Much to Tip Valets | Personal Finance

In general, people don’t like to pay for parking. That’s according to Ben Akbary, CEO of Quality Parking Service Inc. based in Woodland Hills, California. Some people don’t like to tip the valets who park their cars, either. Maybe it’s because there’s confusion over how much to tip valets and when to tip them. Maybe […]