05 Aug 2020

Eurozone and US economy
The full extent of the impact of Covid-19 on the eurozone and US economy has been laid bare by figures showing shrank by a record. Eurostat’s, the European Union’s statistical arm, revealed that the contraction in the second quarter. This is when it combines with a smaller fall in the first three months of the year. It had wiped out a decade and a half of expansion, returning the euro...

22 Jun 2020

stimulus package
The coronavirus outbreak is crushing the U.S. economy. We're in a bad place. However, Congress and the Trump administration worked together on a stimulus package. Besides, the Federal Reserve lowered interest rates, and the IRS provided relief to taxpayers.  Despite of that, the stock market is tanking, businesses are closing, and unemployment claims are spiking. Also, consumer spendi...

02 Jun 2020

stimulus checks
The IRS is reportedly sending out 5 million paper stimulus checks per week. At that pace, some checks might not arrive for months. Thus, that means that it's going to take a while for them to crank out a paper check for the tens of millions of Americans who are scheduled to get one in their mailbox. If your stimulus payment isn't deposited directly into your bank account, the IRS will...

27 May 2020

HEROES Act
Congressional efforts to pass another economic stimulus package officially began when the House of Representatives passed the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act. There were a lot of buzz about $2,000 stimulus checks each month. In fact, the second round of stimulus checks called for in the HEROES Act looks a lot like the first round of $1,200 checks aut...

28 Jan 2020

investing in personal finance
If you are going through a difficult stage of life when it comes to money, our post is directed to you. We know how difficult it can be not having money for basic things. Education, food, and clothing usually top our list of priorities and they are not cheap. When we don't have much to spend, those things seem to increase their cost even more. If you find yourself desperate because of yo...