Treasury Secretary Scott Bessent says he’s concerned about the allure of easy money — lottery tickets, buy now, pay later loans and the promise of a crypto windfall. Bessent worries the get-rich-quick mindset often leads Americans farther from financial stability, not closer to it. The billionaire hedge fund manager and the first openly gay treasury secretary has a personal history marked by financial struggles, with humble beginnings in rural South Carolina. Bessent hopes part of his Treasury Department legacy will be promoting financial literacy, helping Americans budget and save. This push comes as the government amasses record debt and critics say Bessent should focus more on lowering Americans' cost of living.
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The bus is scheduled to make stops in the Louisville and Lexington areas in the next two weeks. People can get financial advice and take advantage of other services.
A man was arrested just before noon Tuesday after allegedly shooting a customer and then running away from a pawn shop in Dixie Highway.
An average of $21,706 is paid out through Down Payment Assistance, while the average paid out through the home repair program is $24,000 per applicant.
Wire
Credit Karma has been holding weekly surveys in order to get a better picture of Americans' finances since the onset of the pandemic.
Beginning April 1, the school will allow anyone not already enrolled at the school to take one free, one-credit online class.
Wire
Although gift cards have topped holiday wish lists in recent years, half of U.S. adults currently have unredeemed gift cards or store credits that are estimated to be valued at $21 billion in untouched money.