How to recover financially as school year ends
Jose Luis Pelaez Inc | DigitalVision | Getty Images It’s officially “Maycember,” a term making the rounds on social media to sum up the chaos and high costs of May — which mimic those of December, minus the holiday cheer. Although May is typically a month of endings and new beginnings, inflation and social pressure […]
The hidden costs of family financial dependence—and how to strike a balance
Understanding financial enmeshment Financial enmeshment occurs when family members are overly involved in each other’s financial matters—a situation with nonexistent boundaries. Historically, the joint family system in India fostered financial interdependence, where multiple generations lived together and shared resources. However, as modern families shift towards nuclear structures, these traditional expectations persist, creating tension between collective […]
CPI inflation is still high. How to measure what that means for you
A customer shops at a supermarket in Tokyo on Feb. 27, 2024. Kazuhiro Nogi | Afp | Getty Images New government inflation data released Wednesday came in hotter than expected. That may not be a surprise to consumers who are still feeling the weight of higher prices. Inflation — as measured by the consumer price […]
Laid off? Here’s how to find new work faster
Skynesher | E+ | Getty Images New government data shows a surprisingly strong job market for the month of January. But there are signs of weakness in the labor market, based on tens of thousands of workers who have been laid off since 2024 started. U.S. employers announced 82,307 job cuts in January, up from […]