Student Loan Forgiveness Update, Retirement Savings Tips & Top Financial News for Oct. 31, 2022
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Gary Dudak
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Rikki Elliot
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Happy Halloween! I hope your final day of October is full of treats and doesn’t cost you too much — especially with the holiday season just around the corner. Before things get too spooky today, check out the top financial stories below.
The Big Lead: Biden Updates When Your Student Debt Will Be Canceled
Despite a number of legal challenges that aim to block the U.S. government’s student loan forgiveness plan, President Biden sounds confident that borrowers who qualify for relief will see their debt canceled within the next couple of weeks.
Retirement Spotlight: Before You Stop Saving for Retirement, Check Out These Tips
This year’s soaring inflation rate has caused Americans to cut back on a lot of things, including saving for retirement. But the worst move you can make is to stop saving for retirement altogether. Rather than do that, consider these options.
That’s Concerning: US Credit Card Balances Are Up 23% From Their Pandemic Lows
The steep decline in credit card debt that began during the COVID-19 pandemic is officially over, as credit card balances in the United States are now where they were before the pandemic.
Bonus: Best and Worst Things To Buy at an NFL Game
If you’ve made it inside an NFL stadium on game day, odds are you’ve already parted with a substantial chunk of money. If you’re going in the future, though, you can be judicious about your in-stadium spending.
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