Terry Savage’s Archives
Below you will find the columns terry has written by date.
Below you will find the columns terry has written by date.
Solving the Student Loan Problem
One of the very first acts of President Biden was an executive order extending the "pause" on required student loan payments through September. But it is likely to be only a first step in the new administration's approach to the current $1.7 trillion in student loans. The word "forgiveness" looms large, but the details of..
IRS PIN Protection
Now you can protect your income tax information as easily as you can freeze your credit report. It's a sign of the times that everyone's financial identity is at risk. The IRS is now expanding its Identity Protection PIN program, formerly available only to victims of identity theft, to all taxpayers who can securely verify..
Could Inflation Return?
Inflation is a distant memory to a generation of investors and consumers. But 40 years ago, as the Fed created money to offset government spending on the Great Society and on rising oil prices, there was an overwhelming fear that the dollar was losing buying power at an accelerating rate. That’s the perfect definition of..
Outlook 2021 and Personal Finance Tips
It's about time. No one could have predicted the insanity that was 2020 in hindsight. So here we stand with a future filled with challenges and opportunities. Covid is an ever-present reality, but we have a real vision of a life made safer by a vaccine that will now be distributed nationally. If we can..
Get the Original Stimulus AND the New One!
The second round of stimulus checks will soon be on the way. Here’s what you can do to make sure you receive yours – and what to do if you never received the first stimulus check that was distributed earlier in 2020. Yes, many people who didn’t qualify for the original check back in 2018..
New Stimulus: Better Late than Never!
Congress finally passed another stimulus bill. It won't be as much money as the first go-round last spring -- but it will extend and increase unemployment benefits and send a $600 check to qualifying adults and dependent children. Here are some of the details, which will be refined as the legislation is written. • $600..
