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Tuesday, dec 24
Tag:
Student Loan Debt
News
Booker's $2,000 Annual Baby Bond Bonuses Reborn
A presidential campaign pitch to give every American baby up to $2,000 yearly until high school graduation has new life under a Democrat-led U.S. Senate. U.S. Sen. Cory Booker, a Democrat from New Jersey, introduced legislation on Thursday for the federal government to create a $1,000 savings account for every newborn American baby. Dubbed baby bonds, the U.S. government would contribute up to $2,000 every year depending on a family's income. In essence, they are annual federal "stimulus checks" for American children. Booker's bond idea, first suggested during his failed primary…
Lifestyle
River Edge Teacher Shares Life Hacks For Millennials
Comfort and convenience. That's what the spending habits of most Millennials suggest, according to local finance teacher and River Edge dad Luis Gonzalez. His book -- "Living a Starbucks Lifestyle on a Dunkin’ Donuts Budget" -- aims to help younger generations save money and live their best lives, he said. "Millennials, broadly defined here as those in their 20s and 30s, want to enjoy the best things in life as much as everyone else," the West New York teacher said. "Yet, their earning potential is typically less than those of older generations . Frequently saddled with high student…