Why Does The Fed Want To Kill Job Openings? In short, officials at the Federal Reserve fear too many job openings with not enough workers to fill them could lead to a “wage-price spiral,” a feedback loop that stokes out-of-control inflation. From a worker’s perspective, a labor market where businesses are hiring and there are a lot of job openings seems like a great “problem” for the economy to have. If you’ve looked for a job lately, you may have been pleased to see there is a near-record number of positions available (at least as of September)....

To make change for customers or patientsTo reimburse employees for items they have bought for your businessTo pay for small purchases which require cash, such as food for the office lunch or coffee supplies, or for parking. Most retail businesses keep a cash drawer as do healthcare practices. Petty cash works on the imprest system, in which there is an initial amount of money put into an account, which is drawn upon for a specific purpose (in this case, petty cash)....

“It’s hard to escape the daily stock market prices,” says Grant Moore, a CFP with Savant Capital Management. “Whether it’s on the news, on an app on your phone or in the paper, the S&P and Dow are seemingly everywhere.” Ah, but what about the tally of the dividend — or for some, the ho-hum dividend? The frumpy dividend? The dividend that lacks that headline-grabbing bite? Too often these payments — extended to shareholders as a result of quarterly excess earnings — are held in low esteem by some investors, or else overlooked....

Why can’t you buy money orders online? Vendors simply aren’t willing to take the risk. A money order is guaranteed payment, but it’s hard for issuers to verify your identity and payment method online. However, that doesn’t mean you’re entirely out of luck. Alternative Ways to Pay If you can’t find a money order online, your next best option might be one of the approaches below: Online money transfers (via ACH) are popular for everything from bills to paying employees, and they’re often free or inexpensive....

Utilities are essential if the home is still on the market. Heat and air conditioning maintain interior comfort for potential homebuyers, and having access to electricity is mandatory. People will want to see how the home functions, which is virtually impossible without power. Home Sale Interference A delinquent utility bill is less of a problem when the seller has equity in the home, because they might receive enough money at closing to pay any outstanding utility bills at that time....

What you may not realize is that your mortgage broker or auto salesman may run your credit with several different lenders. Many are shocked to see multiple inquiries made to their credit report after applying for a mortgage or car loan. And once you understand that credit inquiries have a negative impact on your credit score, you may become worried that rate shopping will hurt your credit score. Here’s what you need to know....

This section of the plan for developing your business concept and positioning your value proposition follows the executive summary and company history, so readers should already have a general idea of what your company does, who it’s for, and what your long-term goals are for the business. The business concept comprises your vision of the company, explaining the value your product or service will bring to the customer, why you are especially qualified to offer it, as well describing your offering’s uniqueness and growth potential within your industry....

Factors in Calculating Your Monthly Benefit The U.S. Congress and the Social Security Administration (SSA) define your FRA based on your birth year. Your FRA will impact the rest of your retirement planning process because the SSA calculates the amount of your monthly retirement benefit using just two figures: Your lifetime earnings historyThe age at which you begin collecting your retirement benefit as compared to your FRA The SSA adjusts your actual earnings to account for changes in wages since you earned that money, based on the 35 years during which you earned the most money....

What Are the Differences Among a 10-Q, a 10-K, and an Annual Report? Filing frequency: A 10-Q is filed quarterly with the SEC following the first three quarters of the year. The 10-K and annual report come once a year after the end of the fiscal year.Level of detail: While the 10-Q provides a quick, unaudited view of the company’s financial information, the 10-K delves deep into every aspect of the company’s situation and is based on audited data....

Either way, it’s possible to revive your relationship with your job. If you’re reading this now, you’ve already taken the first step. 10 Ways To Learn To Love Your Job If you don’t love your job, you’re not alone. Only 30% of Americans are engaged in their jobs, according to a survey from Gallup. However, there are some strategies you can use to try to help change your perspective. At best, your job may turn into what you expected it to be....

Using games to teach kids about money can help make financial discussions fun instead of boring. The best money games for kids cover a variety of financial topics in a way that’s easy to understand. Board Games Playing board games can be a fun way to spend a family game night, but the benefits can go beyond entertainment. Research shows that board games help players simplify complex issues and engage in creative thinking....

Reasons Why You May Benefit From Debt Settlement Outside the debt settlement industry, debt settlement is rarely (if ever) recommended as a viable solution to dealing with your debts. Much of this has to do with the number of debt settlement scams and the mis-education of consumers to the effects of debt settlement. For certain consumers, there may be some benefits to debt settlement. Avoid Bankruptcy The biggest reason that people choose debt settlement is to avoid bankruptcy....

You’re earning an entry-level salary while trying to pay off college debt. You may be living with roommates, eating pasta and bagels because it’s cheap. You can’t imagine owning a home or driving any car that isn’t a $2,000 beater. But despite your apparent lack of money, don’t underestimate the power of this decade. Your 20s are an ideal time to set yourself up for a solid financial future. This is when you build the foundation that you’ll stand on during your 30s, 40s, 50s, and beyond....

If you find yourself in that category, don’t panic. We highlight several retirement planning tools that can ease the stress of planning and help you understand how retirement might unfold for you. These are all found online, so you don’t need to be a spreadsheet expert or install any software. Plus, most of these tools are free, so you can gain insight without too much of a commitment. Retirement Income Calculators Retirement calculators help you understand when you can retire, how much you can afford to spend, and more....

If you find yourself struggling to make ends meet or simply want to save a little more money, you can make changes to help lower your cost of living. Learn the various measures you can take to reduce your spending in a few key areas, resulting in a major effect on your overall budget. How Cost of Living Is Calculated The average cost of living is calculated each year by dozens of different organizations, like the Economic Policy Institute (EPI), the Federal Reserve Bank of St....

Whether you’re shopping for holiday gifts or you’re buying for yourself, scoring the best Black Friday deals means starting early. Here are some tips to help you plan to get the most out of the slew of discounts. Check the Ads and Apps Many retailers start circulating their Black Friday ads weeks before the actual shopping day, which gives you plenty of time to start shopping for the best deals....

Fortunately, you do have options, even if you’re getting a late start. Play Catch-Up Assume you’re 40 years old, with $0 in retirement savings. At your age, in 2021, you’re legally allowed to save $19,500 in a 401(k) retirement plan; after you turn 50, you’ll be able to contribute an additional $6,500 in catch-up contributions. Those are the maximums set by the Internal Revenue Service (IRS). With a 7% rate of return, your 401(k) account balance could grow to $1 million in 22 years and 10 months if you contribute the maximum amount each year....

Access to Parental Leave In the U.S., the Family and Medical Leave Act (FMLA) guarantees eligible employees up to 12 weeks of unpaid leave per year, which can be used for parental leave. According to the U.S. Bureau of Labor Statistics, as of March 2021, 23% of private and civilian employees had access to paid leave, and 89% of private and civilian employees had access to unpaid family leave. Check with your manager or HR department to find out if you have access to paid parental leave....

Learn more about this little-known (but still very important) part of your business’s financial position. What Are Accrued Liabilities? Accrued liabilities are amounts you owe in the future. They are included on your business balance sheet. A liability might be a loan or a mortgage on a business building. A liability might be short-term or long-term. For example, the part of a loan that is due within a year is short-term, but the rest of the loan is long-term....

What Is a Home Warranty? Home warranties aren’t insurance plans. Instead, they are service contracts that function more like discount plans on repairs and replacements for items covered under your agreement. In general, home warranty coverage includes the major components of home systems, such as electrical, plumbing and HVAC, and home appliances like refrigerators, stoves, and washers and dryers. Some companies allow you to add coverage for items like a second fridge, a pool, pumps, and more....