Tag: save

Posted in Money

How COVID-19 Is Changing the Way Families Save for College Costs

<strong>Ryan Ermey</strong>: With the fall semester fast approaching, the COVID-19 pandemic has cast a shadow of uncertainty over higher education. Kevin Walker of CollegeFinance.com joins us for a discussion of how the landscape has changed for colleges, students, and parents alike in our main segment. On today’s show, Sandy and I talk tax refund delays and answer reader mail about how to pay for a new home in retirement. That’s all ahead on this episode of Your Money’s Worth. Stick around.

<strong>Ryan Ermey</strong>: Welcome to Your Money’s Worth. I’m Kiplinger’s associate editor Ryan Ermey joined as always by senior editor Sandy Block. And we’re talking tax refunds here in the first segment, Sandy. My question to you to kick things off is did you get your refund?

<strong>Sandy Block</strong>: I owed the IRS. So to me, this is a nice problem to have. But here’s the deal, the deadline for … Read More

Posted in Business

UK Mulls Online Sales Tax to Help Save Struggling Brick-and-Mortar Shops

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The United Kingdom may soon require an online sales tax.

According to multiple reports, Chancellor of the Exchequer Rishi Sunak is weighing plans to tax online retailers in a bid to raise 2 billion pounds (about $2.5 billion) a year for the UK government as well as to help flailing brick-and-mortar businesses.

More from Footwear News

Last week, the U.K. Treasury opened a call for evidence as it reviews the system of business rates imposed on brick-and-mortar businesses. Under the current system — which was imposed in the ’90s — approximately two billion shops, offices and factories are subject to taxation based on the rental value of their outposts.

As it looks to restructure its system, the Treasury is mulling adding a tax to online retailers in order to fund a reduction in rates for brick-and-mortar shops. It is also considering restructuring its

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Posted in Business

Combative TikTok Founder Races to Save App Before Trump Ban

(Bloomberg) — Zhang Yiming is the little-known Chinese entrepreneur who built TikTok into one of the most promising franchises on the internet. Now the brainy, combative founder is under pressure to save the business from Trump administration threats.

Venture investors in TikTok parent ByteDance Ltd. have approached Zhang with a range of proposals to address U.S. concerns that the short-video app is a security threat, according to people familiar with the matter. They include selling a majority stake in TikTok to American interests, perhaps strategic investors or the venture firms themselves, said the people, asking not to be identified because the talks are private.

Zhang, who controls the company, has so far resisted. He’s tried building up TikTok’s operations in the U.S., hiring an American chief executive officer and reassuring regulators that user data will not be shared outside the country. TikTok has also stepped up its lobbying in Washington,

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Posted in Money

50 Easy Things You Should Do To Save Money

If it seems like the world is getting more expensive, that’s because it is. The cost of consumer goods is rising, according to the Bureau of Labor Statistics. But that doesn’t mean you have to give up on fun times just yet. There are still ways to live well in a higher-priced world. By using these strategies, you can keep more of your paycheck for yourself.

Just because something is really expensive right now, that doesn’t mean it will be in three months.

“Timing is everything when it comes to shopping,” said Jon Lal, founder and CEO of online coupon and cash-back website BeFrugal. “Time your purchases with the seasonality and popularity of items, and get it in the off-season or when stores have too much inventory.”

If you’re not taking advantage of a high-yield savings account, you are missing out on free money. When you’re putting money away for … Read More

Posted in Insurance

25 Ways To Save 20% More of Your Paycheck Without Even Trying

Does it seem like your hard-earned paycheck isn’t stretching as far as it should be? Fortunately, there are a few changes you can make in how you earn and spend your money that can help you save more of your paycheck. From decreasing the deductions taken out of your check to making small life changes to spend less and save more, we’re rounding up the best ways to hold on to more of your cash.

Try out these tips and tricks to make your money stretch — they don’t require much effort.

Last updated: July 20, 2020

1. Adjust W-4 Exemptions

If you’re getting a sizable tax refund, you’re actually missing out on money you could be getting paid upfront.

“The best way to boost your take-home pay is to adjust your taxes,” said Debbi King, personal finance expert, life coach and author of “The ABC’s of Personal Finance. “Most

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Posted in Money

As Trump Slumps, Republican Donors Look to Save the Senate

President Donald Trump’s weak poll numbers and a surge of Democratic cash flooding key Senate races have jolted top Republicans and intensified talk among party donors and strategists about redirecting money to protect their narrow Senate Republican majority amid growing fear of complete Democratic control of Washington in 2021.

Almost no one is talking openly about abandoning Trump at this point. A total collapse at the top of the ticket, Republican strategists and donors agree, would only make holding the Senate harder.

But maintaining the Senate is an urgent imperative for the GOP: A Democratic Senate could offer a glide path for liberal Supreme Court nominees from a President Joe Biden, or block Trump’s judges if he won a second term. And right now, Senate Republican incumbents and candidates are losing badly in the money chase not just in the top Senate battlegrounds — states like Maine, Arizona, Colorado and

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Posted in Personal

Could this new virtual shopping service save John Lewis?

Hannah Betts hits the (virtual shops) testing John Lewis's new online personal shopping service
Hannah Betts hits the (virtual shops) testing John Lewis’s new online personal shopping service

I am sitting in my flat in my pyjamas sipping tea while my two new best friends guide me through an Aladdin’s cave via Zoom. “The challenge we set ourselves,” beams one “was to build Hannah’s Dream World, full of your favourite clothes, accessories, make up, perfume, boyfriend styling and décor.”

Behold: an array of jewel-coloured satin dresses, the yellow handbag I have been searching for for years, and the cream lace bra I have been too housebound to seek out. All I have to do is click my fingers – or rather my laptop – and this cornucopia will be chauffeured over. As fantasies go, this is pretty much the dizzy height of them.

Four weeks after the British high-street re-opened, the world and his wife – in particular his wife – do not seem

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Posted in Money

75 Websites That Can Save You Money in a Recession

fizkes/istockphoto
fizkes/istockphoto

Time to Save Online

Now more than ever, as the country finds itself in a pandemic-induced recession, saving money has become essential for Americans. The good news is there are plenty of websites that can help you do that, connecting users with deals and discounts on everything from grocery shopping to clothing and gas. Here are some of the top options for pinching pennies.

Related: How COVID-19 Is Changing Retirement in America

RetailMeNot
RetailMeNot

RetailMeNot: Discounts, Sales and Online Cash Back

RetailMeNot
RetailMeNot provides digital codes to apply at checkout when shopping online. The site also includes holiday sales and even clearance sales across all categories.

Groupon
Groupon

Groupon: Discounts and Coupons

Groupon
Groupon offers a massive selection of localized deals and discounts. Those who sign up for alerts will get notifications about everything from special sales to new promo codes or price drops on items or services you may have

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Posted in Money

Did you save money during the pandemic? Here is how to keep it that way

While the coronavirus pandemic has been financially devastating for the almost 45 million unemployed Americans across the country, there’s been a silver lining for others. With the world on lockdown, some say they have actually been able to cut back on expenses and save money. Take students and young professionals who have found themselves moving back in with parents, cutting expensive costs like rent.

“There’s been this forced lifestyle change that has made them not spend the way they used to,” said financial coach Lacey Langford, who dubbed herself “The Military Money Expert” for getting finances into shape. “A lot of people are actually saving money during all this because they are not going out as much. They’re not using a gym membership or they’ve cancelled it.”

Langford is a certified financial coach and veteran who helps clients, especially military families, get their finances in order and develop control and

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Posted in Insurance

How to Plan and Save for Your Wedding During the Pandemic, According to Experts

PEOPLE’s Real Tips for Real Life presents practical answers to some of the most commonly asked questions around finance, employment and preparing for the future — even when that future can seem very uncertain.

Almost every big wedding this year has been rescheduled for 2021 because of the coronavirus pandemic’s devastating impact on the world, celebrity wedding expert Colin Cowie tells PEOPLE.

“I’m telling couples to get engaged now — and wait,” says the party planner, whose A-list clientele includes Oprah Winfrey and Ryan Seacrest. “The idea of a socially distanced wedding with people standing 10-feet apart, I don’t find anything exciting or glamorous about that.”

Couples were “extremely and bitterly disappointed” at the idea of postponing their weddings, Cowie says. But after he explained what would have to be done to follow CDC guidelines and ensure everyone’s safety, all of Cowie’s clients elected to wait.

“A wedding is a

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