Spending and Saving Q&A | What's the overall outlook for pay raises?
Maybe a little richer. Annual wage gains overall in the private sector to reach 2 percent or more in the coming months, compared with 1.9 percent pay raises in the first quarter, according to economist...
View ArticleSpending and Saving Q&A | Are there any exceptions to the health-care mandate?
There are exceptions for those who can't afford the coverage under formulas dictated in the law and those whose income is below the federal income tax filing threshold. Those who have Medicaid or...
View Article5 considerations when buying mortgage-backed funds
Yields of mutual funds that specialize in government-backed mortgage bonds known as Ginnie Maes are currently more than double those of Treasurys maturing over a similar number of years.
View ArticleResponsible Gaming Education Week aimed at helping problem gamblers
Aug. 6-10 has been designated Responsible Gaming Education Week in Kentucky, with the effort promoted by a coalition of agencies and businesses committed to helping people who are prone to gamble. A...
View ArticleReport: Don't trust lives to tech
Devices designed to help parents avoid accidentally leaving a child behind in a hot vehicle are unreliable in preventing heatstroke deaths, new research suggests.
View ArticleCan I expect my Social Security benefits to be more or less than what I put in?
If you haven't retired yet, you can figure on getting back less than you contributed, according to a study by Eugene Steuerle and Stephanie Rennane of the Urban Institute.
View ArticleEarth Fare moves into The Summit
Earth Fare is as much about what it doesn't include on its shelves and in its products as it is about what it does include.
View ArticleSpending and Saving Q&A | What percentage of my savings can I spend in...
Some investors live by the '4 percent' rule, which suggests with a balanced and diversified portfolio of stocks and bonds can allow for a 4 percent withdrawal each yea
View ArticleGE expands Appliance Park hiring
General Electric's hiring plans for its $800 million overhaul at Louisville's Appliance Park are ahead of schedule, with more than 1,100 added this year, a spokeswoman said .
View ArticleSpending and Saving Q&A | Are there alternatives to bank safe-deposit boxes?
Consider what you're putting in the box and how much you're paying each year to rent it. Are you protecting important papers against flood or fire? Or are you keeping jewelery from potential thieves?
View ArticleSpending and Saving Q&A | How does a reverse mortgage work?
Generally, a reverse mortgage allows homeowners age 62 or older to borrow against their home's equity. The difference from other home equity loans is that the principal and fees aren't due until all...
View ArticleHow can the family of a college student help him or her pay off student loans?
Q: How can the family of a college student help him or her pay off student loans? A: You should contact the loan servicer or lender to find out the best method - look up the company or bank at...
View ArticleMichelle Singletary | Taking care of your car saves cash
My grandmother Big Mama would never have approved of my philosophy about car buying. Although I've bought several new cars, I'm also a huge advocate of buying used. Big Mama was not. 'You are just...
View ArticleDo credit scores have any effect on my auto insurance rates?
In Kentucky, insurers can't deny you coverage based on your credit history, but they can use it to set your premium.
View ArticleSpending and Saving Q&A | What do insurance companies consider when setting...
Among the factors companies may use, according to the Insurance Information Institute, are: Your driving record, how much you use your car, where you park your car and where you live.
View ArticleSpending and Saving Q&A | When a person on social security dies, does that...
You must return the benefit received for the month of death or any later months, according to the Social Security Administration.
View ArticleBank On Louisville initiative counts 10,000 new bank accounts in first two years
The city's Bank On Louisville initiative has led to more than 10,000 new bank accounts in two years, officials said while marking the program's second anniversary Wednesday.
View ArticleHow much should I expect to pay in closing costs to buy a home?
In Louisville, the average total fees for a $200,000 mortgage total $3,611, according to a survey by Bankrate.com. The average in Indianapolis was $3,362.
View ArticleLouisville-area jobless rate steady
The unemployment rate in the Louisville metropolitan area was 8.3 percent last month, the same as June, according to the Kentucky Office of Employment and Training. A year ago, the metro-area rate was...
View ArticleDo I need to tell my auto insurance agent that my daughter is in college?
You should, especially because it might save you money.
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