Money Talks: Open Topic Dec 2021
from Money Talks
Do you have a question about recent financial news? Do you have a question about your own person finances? Today’s a great day to contact us. It’s an Open Topic Day. The pause on student loan repayment initially put into place under former President Donald Trump and twice extended by Biden is set to expire on Jan. 31. The last of the child tax credit from the American Rescue plan were sent out last week. The Federal Reserve said last week that interest rates will stay near zero for now. “10 Surefire Tax Tips For Year-End 2021” https://www.forbes.com/sites/ashleaebeling/2021/12/08/10-surefire-tax-tips-for-year-end-2021/?sh=ed7aed61bfc3 January typically has discounts on bedding and linens, fitness equipment, and TV and electronics – those just before the Super Bowl. https://www.nerdwallet.com/article/finance/what-to-buy-every-month Many of the nation’s largest banks are cutting overdraft and non-sufficient funds fees for customers in 2022. Lawmakers and regulators have criticized banks for penalizing already cash-strapped customers. Explaining Dot Plot: https://www.bankrate.com/banking/federal-reserve/federal-reserve-dot-plot-explained-how-to-read-interest-rates/ Federal Reserve: https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20210922.pdf
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