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Trinity College students use research to advocate for a permanent child tax credit
Students at Trinity College in Hartford have been researching how financial hardship in the city affects its families. On Wednesday, they presented their findings and advocated for a permanent state child tax credit that would provide relief to thousands of families across Connecticut. “This kind of program not only gives you the reality of what’s around,” freshman Thad Hempel...
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There has been a big increase in people seeking financial counseling in CT
The nonprofit Money Management International has seen a big increase in their financial counseling services following the pandemic, and Connecticut is standing out among the rest of the country.
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The 5 levels of financial freedom, according to married money coaches, who say they've reached level 3
Financial coaches Jessica and Corey Fick say they’ve hit the “Coast” level of financial independence — they don’t have to invest any more money for retirement.
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‘Serious discrepancies' prompt soft budget freeze, staff restructuring in Colchester
Colchester’s first selectman announced that there will be a soft budget freeze due to “serious discrepancies” in the town’s internal spending. In a statement Friday, Colchester First Selectman Bernie Dennler said he has seen concerning trends in the first two quarters of the fiscal year compared to the adopted budget. Because of this, a soft spending freeze will be...
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Reset your finances for 2024 in one afternoon with this 5-step money checklist
Consider making these 5 money moves for 2024 if you have some extra time during the holidays.
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More people seeking help in managing credit card debt, National Credit Counseling Agency says
Sticking to cash and a budget may be the best strategy to follow in a year where budgets have been stretched and the number of people asking for help with debt appears to be on the rise.
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38-year-old financial coach spends only $124 on groceries a month—her No. 1 ‘secret tip' for food shopping
Carly DeFelice keeps her grocery bill low by planning meals in advance and meticulously sticking to her list.
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28-year-old health-care worker earning $210,000 a year shares her biggest money mistake
Anesthesiologist assistant Chabely Rodriguez has a regret from accepting her first job offer.
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Customers grapple with deposit delays at big banks. What it means for you
Customers at several big banks on Friday wrestled with direct deposit delays, stemming from an industry-wide processing issue.
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Why it's so expensive to be single in the U.S.
The high cost of living can be even more expensive when you’re paying for everything on your own — and some federal policies make things even harder for singles.
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Here's why Americans can't stop living paycheck to paycheck
With well over half of Americans living paycheck to paycheck, many are failing to meet some of their modest financial goals.
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4 things to do if you win the lottery – and 1 thing you should never do
Winner winner chicken dinner! You just won the lottery, but do you know what to do next? Here’s what to know before you cash out.
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People are losing more money to scammers than ever before. Here's how to keep yourself safe
Business for scammers is booming. The most recent Federal Trade Commission data from 2022 shows that reported consumer losses to fraud totaled $8.8 billion. That’s a 30 percent increase from 2021. The biggest losses were to investment scams, including cryptocurrency schemes, which cost people more than $3.8 billion. Younger adults ages 20-29 reported losing money more often than older adults...
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Parents can start helping teenagers to build a financial foundation at home without spending
This could sound rare, but there are several options for parents or guardians of minors who want to provide financial education without having to save or invest any money.
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Here's how parents can start helping teenagers to build a financial foundation at home without spending
Amid a wave of uncertainty due to changes in the U.S. economy, many parents may be asking themselves the same question: How can I help my child build a financial foundation without hurting my pocket?
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CT LIVE!: Help Aging Parents Save Money
Smart Shopping Expert Trae Bodge from TrueTrae.com shared helpful tips.
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The 10 worst places in the U.S. for renters
Paying less for rent isn’t always worth it. Here are the 10 worst cities for renters based on costs and quality of life.
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How much Americans in their 20s need to save each month to retire at 60 with $1.2 million
Americans in their 20s think they’ll need $1.2 million to retire, per Northwestern Mutual’s latest study. How much to save monthly to reach that goal by 60.
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32-year-old turned Airbnb rental into a $205,000-a-year side hustle—Here's a ‘large part' of what made it successful
Jamie Inlow started Be Still Getaways from her neighbor’s sheep barn. Here’s how she grew it into a six-figure side hustle without any prior experience.
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Cash App monitoring technical issue causing duplicate Cash Card transactions
Cash App said the problem has been fixed and refunds will be issued by the end of the day.