Rod Mcguirk, Associated Press Updated 3:46 am PDT, Tuesday, April 2, 2019 Australian Treasurer Josh Frydenberg addresses the media as he arrives at Parliament House in Canberra, Australia, Tuesday, April 2, 2019. Frydenberg said he will unveil Australia's first balanced annual budget plan in a decade days before general elections are called. less Australian Treasurer Josh Frydenberg addresses the media as he arrives at Parliament House in Canberra, Australia, Tuesday, April 2, 2019. Frydenberg said he will unveil Australia's first balanced annual budget ... more Photo: Rod McGuirk, AP Photo: Rod McGuirk, AP Image 1 of / 3 Caption Close Image 1 of 3 Australian Treasurer Josh Frydenberg addresses the media as he arrives at Parliament House in Canberra, Australia, Tuesday, April … [Read more...] about Australia plans to balance books in pre-election budget
All debt in one payment
Updated 6:08 am PDT, Tuesday, March 26, 2019 In this Sunday, March 24, 2019 photo a passer-by walks on a pedestrian walkway, in Boston's Seaport district. At the end of 2018, 18- to 29-year-olds carried over $1 trillion in debt, according to the Federal Reserve. That’s the highest level since 2007. “Understanding your options and making a plan is imperative,” says Billy Hensley, CEO of the National Endowment for Financial Education. “Anyone doing that is going in the right direction.” less In this Sunday, March 24, 2019 photo a passer-by walks on a pedestrian walkway, in Boston's Seaport district. At the end of 2018, 18- to 29-year-olds carried over $1 trillion in debt, according to the Federal ... more Photo: Steven Senne, AP Photo: Steven Senne, AP Image 1 of / … [Read more...] about Millennial Money: There’s more than 1 way to slay a debt
Business Daryn Slover | AP Bates College freshman William Hibbitts speaks out against student debt and for tuition grants during a Bates Affordable Education Campaign rally on the campus in Lewiston, Maine, Friday, May 11, 2018. By Lori Valigra, BDN Staff • February 8, 2019 7:45 am Student loan debt in Maine rose 94 percent from $3.1 billion in 2008 to $6 billion in 2018, according to a study by credit agency Experian. Nationally, the total debt is at an all-time high of $1.36 trillion, up 129 percent since 2008. South Carolina saw the largest rise of 315 percent to $23.1 billion over the 10 years. Student loan debt is the second highest credit debt behind mortgage loans. [Subscribe to our free morning newsletter and get the latest headlines in your inbox] The 43.2 million Americans with student loans on average carry $22,600 per person in student loan debt. That’s up 20 percent since 2015. The average monthly payment is $357. There’s some good news in all … [Read more...] about Student loan debt in Maine has almost doubled in past 10 years
Dear Penny, I’ve realized lately that I’m horrible with money. About two years ago, I opened a new checking account and credit card. I was making a ton of money at the time and let my shopping get out of control. Then my boyfriend and I broke up. My commission wasn’t coming in like it had the prior year. But I kept spending, not thinking of the consequences.I took a loan from my retirement savings to help with moving expenses, but the credit card debt kept racking up. I kept spending, because the limit kept going up and I had no money. It was horrible. I took out a loan from Upstart and thought my troubles were over. But because I still wasn’t making a ton of money and my credit limit kept rising, I kept spending. I had a large sum of money from my grandparents that helped reduce some of the debt, but not a ton. I’m now living at home and making a lot more than I was last year. I’m curious if I should take out a new personal loan to pay off the debt … [Read more...] about Dear Penny: My spending has put me in serious debt. Should I consolidate?
U.S. While awaiting to be sentenced after copping a guilty plea for bank fraud, Paul Manafort’s former son-in-law allegedly continued to enrich himself by duping investors into dumping large sums of cash into shoddy real estate deals in what federal authorities contend was a crude Ponzi scheme. Jeffrey Yohai, 36, was booked last week in Los Angeles and faces federal charges for taking investors for millions of dollars, according to a release by the U.S. attorney’s office in Los Angeles. Last year, Manafort’s daughter, Jessica, and Yohai formally called it quits and divorced. Paul Manafort, who served as then candidate Donald Trump's former campaign chairman, pleaded guilty in September to conspiring to defraud the United States and conspiring to obstruct justice. The powerbroker and D.C. insider was facing up to 80 years in prison after his conviction on eight counts of tax and bank fraud. And Special Counsel Robert Mueller's office accused … [Read more...] about Paul Manafort’s Former Son-in-Law Caught In Real-Estate Scheme