| | | Does It Pay More To Be Unemployed?
It might, at least for some. Thanks to new unemployment benefits rules, many jobless Americans are getting a raise.
Pre-pandemic, the average unemployment rate was around $1,500 a month. New CARES Act legislation pads the average payout big time.
Our advice: Don’t ask your boss to lay you off just yet, especially not until you see how much you qualify to get and for how long.
(Related: How to get every unemployment benefit you’re entitled to right now.)
For your ears:
How To Support Entrepreneurs, and How They Can Thrive
Things are rough right now for millions of Americans who are out of work and facing household budget cuts. But perhaps no subset of our population has been hit harder than small business owners.
On this week’s HerMoney Podcast*, Scott Omelianuk, Editor-In-Chief of Inc. Magazine, has lots of ideas to help consumers — and the small companies we patronize.
Were you in the middle of a major financial life event when the coronavirus hit? Hear how people are handling the grief over the loss of normalcy and what you can do.
(Related: What Italy’s small biz owners can teach us about reopening stores after the lockdown.)
Credit in the age of the coronavirus: Watch your back
The pandemic has upended the economy. It may also be messing with your credit — even if you still have your job and you pay your credit card bills on time.
Here’s how to know if you’re a target and what to do if your credit card company cuts your line of credit.
(Related: Everyone is now eligible for three free weekly credit reports. Here’s how to get yours.)
Like this house? Swipe right
The real estate industry came to a screeching halt in many regions, but transactions are still happening, thanks in large part to an assist from technology.
It is a new age of real estate transactions — from home tours and appraisals to securing a mortgage and signing on the digital dotted line.
How much is that doggy in the window?
Shelters are clearing out and everyone has a friend who’s decided they want a pet to keep them company in quarantine. But all that love and affection comes with a cost. And we’re not just talking all those tiny tutus and Doggles (dog goggles, for those of you who might not know). Be ready for costs like food, grooming, even poop bags before leaping into the arms of a four-legged friend.
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*This is a sponsored podcast, and it’s a part of a paid campaign with Fidelity Investments, which means we were compensated for this piece of educational content. Thanks!
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