For one, bumping can usher in decent discounts for passengers who know how to strike a deal. Volunteers are essentially competing against other passengers in a giant airfare auction, with airlines favoring volunteers who ask for the least amount of compensation, Kheel said. “It is a balance between how much money you can get and
As they approach retirement age, older Americans are becoming steadily more pessimistic about their economic prospects. Where they choose to spend their golden years could make all the difference. A little more than half of working-age households are at risk of being unable to maintain their current standard of living in retirement, according to the
If your health-care needs entail more than an annual physical, keep this in mind: Signing on to a new health plan mid-year means starting from scratch on spending toward the deductible and out-of-pocket maximum. “For some people, that’s several thousand dollars,” said Karen Frost, senior vice president of health strategy and solutions for Alight Solutions.
(The most recent big Powerball win was a $447.8 million jackpot awarded earlier this summer to a single winner in California. That prize was the game’s seventh largest, and the 10th largest in U.S. lottery history.) Of course, the odds of winning are slim (see graphic below), and if you are lucky enough to pick
Before you buy a third-party travel insurance policy, check to see if you already have some protections through other sources. For example, a homeowners or renters insurance policy may cover your belongings away from home, said Worters — helping alleviate worries about theft or lost baggage. Travel insurance is also a common perk for credit
On Friday, a lucky winner in Illinois took home the $393 million Mega Millions jackpot. The winning numbers for Friday’s drawing were 23, 33, 53, 56 and 58, plus Mega Ball 6. The $393 million jackpot was the fifth largest in the game’s history, and the second largest awarded to a single ticket. Of course,
Mark Dougherty makes a few thousand extra bucks a year as a hired driver for people who need to get their cars and moving trucks across the country. The retired 70-year-old charges $10 per hour driving time and uses Google maps to estimate his fee, plus expenses like one-way plane tickets, gas, lodging and meals.
Watch out, parents: Back-to-school season can easily put a four-figure dent in your budget. Parents of high school students can expect to pay an average $1,489 per child for school supplies and activity fees, according to the annual Huntington Bank Backpack Index. That’s a drop of $9, or less than 1 percent, from 2016. Parents
Call it eclipse economics. When a large swath of America is bathed in midday darkness for a couple of minutes on Aug. 21, hundreds of cities in the path of the eclipse are hoping it will be a once-in-a-generation boost to local economies. Or it could be a dud, and a costly one at that.
The NACS survey found that as students progress throughout their academic careers, they become savvier shoppers and are more likely to comparison shop at multiple sources to find the best deal. Sites like CampusBooks.com, BigWords.com and BookFinder.com, among others, track books for new, used and rental texts. When you’re comparing prices, make sure you’re looking
Engaged couples aren’t the only ones facing big wedding bills. Even as brides and grooms pick up more of the tab for their nuptials, parents are often still on the hook for a big part of the budget. In 2016, just 1 in 10 couples paid for their wedding entirely by themselves, according to The
“I’m supportive of this,” said certified financial planner Hans “John” Scheil, CEO and owner of Cardinal Retirement Planning in Cary, North Carolina. “The reality is that most people don’t have their 401(k)s properly allocated. And most don’t ever reassess where they stand.” Most companies (62.1 percent) in the Callan study have done a re-enrollment when
The 18-month postponement request was outlined in a court brief filed Wednesday in Minnesota related to a lawsuit the Labor Department is a party to. If the delay is approved by the Office of Management and Budget, the effective date for complying with the rule’s remaining provisions would be pushed out to July 1, 2019,
It’s tough to save up for a home. It’s a whole lot tougher after poker, cigars and a few dozen jello shots. Millennials spend an average of $1,532 on a single bachelor party, according to a new Zillow analysis of wedding data from The Knot. Without travel and lodging, that number shrinks to $738. Bachelorette
Americans’ financial confidence may beon an upswing, but young women have a gloomier outlook. Millennial women still trail their male peers when it comes to financial satisfaction, according to a new report from online loan marketplace LendingTree. Other elements point to why: The survey found women earn less, carry almost 30 percent more in outstanding
Dealing with crippling student debt is not on anyone’s post-grad wish list— yet it’s a reality many people face. Student debt has skyrocketed more than 256 percent from 2004 to 2015, according to a recent analysis from ValuePenguin. Outstanding college-loan balances at the end of the first quarter of 2017 totaled $1.34 trillion, according to
You might not have enough coverage for your valuables. Many of the items burglars target — cash, electronics and jewelry — are those that have sublimits in the typical homeowners insurance policy, Loretta Worters, a vice president for the Insurance Information Institute, told CNBC. Jewelry, for example, is often capped at $1,000 (total, not per
Don’t expect a sharp uptick anytime soon, either. While borrowers, in many cases, feel the sting from higher interest rates right away, there is usually a delay before savers start to see any benefits. For some savers, though, CDs are a viable option. Yet a number of planners say doing anything too long-term with them
Before Tesla cultivated a year-long waiting list for its fully electric Model 3 sedan, “pure electric” vehicles — cars that run entirely on electricity, as opposed to hybrid cars — seemed like something of a niche market. Electric-only cars make up just 0.5 percent of total U.S. vehicle sales, according to Jessica Caldwell, senior analyst