It doesn’t take $1 million to achieve the top predictor of financial well-being, according to new research from investment firm Vanguard. Instead, it’s something far more attainable: Socking away at least $2,000 in an emergency savings account. People with at least $2,000 saved for an unexpected expense report a greater improvement in financial well-being than […]
DOGE Cancels Biden NEH Grants on Researching LGBTQ+ Cartoonists
The Department of Government Efficiency (DOGE) has much work underway, announcing the cancellation of several Biden-era grants that were going toward bizarre and wasteful causes, such as research on LGBTQ+ cartoonists and gay travel guides. “During the previous administration, the National Endowment for the Humanities (NEH) awarded the following grants to spend taxpayer dollars, all […]
What to know about $1,000
The Trump administration wants to kickstart wealth creation for American children by creating $1,000 “Trump accounts” for babies born during President Trump’s second term in office. Originally called “money account for growth and advancement,” or “MAGA” savings accounts, the renamed accounts would be managed by banks or investment firms, and operate like traditional investment accounts. […]