financial literacy

Fox Host Corrects Trump on Mortgage Misunderstanding

Taake, who participated in the Capitol riots while out on bond, was convicted of attacking a police officer. Before the riots, Taake faced charges in Harris County, Texas, for sending explicit messages to an undercover police officer posing as a minor. Despite being sentenced for his Capitol crimes, and having exhibited no remorse for his actions, Taake was released from a federal prison just months into his six-year term due to the time served and a blanket pardon from Trump.

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Biden has approved $175 billion in student loan forgiveness for nearly 5 million people

When I first saw the headline about Biden approving $175 billion in student loan forgiveness for nearly 5 million people, I was initially confused. It seems that this forgiveness isn’t a standalone act, but rather an accumulation of various forgiveness initiatives that have taken place over Biden’s presidency. It’s not a sudden wave of relief, but rather an ongoing effort to address the staggering student loan debt crisis in the country.

As someone who is debt-free after college, I am acutely aware of the stark contrast between friends who have student loans and those who don’t. The impact of student loans on individuals’ lives is profound, with those burdened by debt often feeling years behind their peers who are able to build wealth and stability without the weight of loans hanging over their heads.… Continue reading

Taxes added to middle and lower class to pay for the huge cuts for the top 5%

Taxes added to middle and lower class to pay for the huge cuts for the top 5%

It’s disheartening to see that many people still don’t understand how taxes work. I often hear misguided statements like, “I didn’t pay anything last year, I got money back.” It’s crucial to realize that a tax refund doesn’t mean you didn’t pay any taxes. It simply means that you overpaid throughout the year, and the government is returning the excess amount. However, with the current financial situation and the need for more funds, we need to get used to paying more taxes. The government requires money, and it has already been spent.… Continue reading