Author: Arabian Media staff
Almost half of Americans say they don’t have a financial plan, and many feel unable to meet their goals. Without a roadmap to managing money, saving for retirement, and weathering hardships, it’s difficult to envision a safe financial future. According to Allianz Life’s 2025 Retirement study, 47% of Americans do not have a written financial plan. Moreover, only 70% feel confident that they can meet their financial goals, down from 83% in 2020. Poor financial planning is a major factor in that insecurity. A written financial plan is more than just numbers in a notepad or spreadsheet. It can provide…
The dollar sign ($) is one of the most recognized currency symbols in the world. But where did this familiar emblem come from? It’s believed to have originated from shorthand for the Spanish peso, PS, which was eventually abbreviated to Ps, until the “S” remained and the “P” became a vertical line through it. Let’s take a look at the history of the symbol and the importance of the dollar in the global economy. Key Takeaways The dollar sign most likely originated as shorthand for the Spanish peso, morphing into the emblem we know today.Other origin theories exist, such as…
President Donald Trump on Saturday announced 30% tariffs on the European Union and on Mexico, cementing a new high level of levies with key trading partners ahead of an Aug. 1 implementation. Source link
Some of today’s wealthiest individuals are giving away millions without saying a word. This rising trend, sometimes called “stealth giving,” is about more than just privacy. It reflects a shift toward more intentional, values-aligned philanthropy, especially among younger donors who want impact over recognition. Let’s explore how stealth giving works, what’s driving its popularity, and how you can adopt a similar approach, whether or not anyone knows your name. Key Takeaways More high-net-worth donors are choosing long-term impact over public recognition. Donor-advised funds (DAFs) offer a tax-efficient and discreet way to give. Everyday givers can support causes discreetly by using…
For working parents seeking reliable, affordable childcare, an au pair can be an attractive option. Here’s how au pairs are paid and how they fit into the broader American childcare economy. An au pair, a young person from a foreign country, provides live-in childcare services in exchange for room and board, plus cash and non-cash compensation toward their education. Key Takeaways An au pair’s weekly cash stipend of $195.75 falls well below both federal and state minimum wages in the U.S.They provide up to 45 hours per week of live-in childcare under the J-1 cultural exchange visa program.With rising childcare…
Southwest Airlines built its brand on letting your bags fly free. But recent changes have started to chip away at that promise. While the airline still offers some ways to avoid checked bag fees, they’re not as universal as they used to be. Here’s what travelers should know before they fly. Key Takeaways Southwest no longer offers two free checked bags to all travel tiers. Some travelers, like A-List Preferred or Business Select members, still qualify for waived fees. New fees apply to lower fare classes like Basic, Wanna Get Away Plus, and Anytime, while higher-tier fares still include two…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump said he would impose tariffs of 30 per cent on Mexico and the EU from August 1 in a move that would further damage US relations with two of its closest trading partners. The president issued the new tariff threats in two letters posted to Truth Social on Saturday morning.While the letter to the EU followed a similar template to more than 20 other threatening missives the US president has posted this week, Trump also accused Mexico of…
State Income* United States overall $77,719 Alabama $62,212 Alaska $86,631 Arizona $77,315 Arkansas $58,700 California $95,521 Colorado $92,911 Connecticut $91,665 Delaware $81,361 District of Columbia $108,210 Florida $73,311 Georgia $74,632 Hawaii $95,322 Idaho $74,942 Illinois $80,306 Indiana $69,477 Iowa $71,433 Kansas $70,333 Kentucky $61,118 Louisiana $58,229 Maine $73,733 Maryland $98,678 Massachusetts $99,858 Michigan $69,183 Minnesota $85,086 Mississippi $54,203 Missouri $68,545 Montana $70,804 Nebraska $74,590 Nevada $76,364 New Hampshire $96,838 New Jersey $99,781 New Mexico $62,268 New York $82,095 North Carolina $70,804 North Dakota $76,525 Ohio $67,769 Oklahoma $62,138 Oregon $80,160 Pennsylvania $73,824 Puerto Rico $25,621 Rhode Island $84,972 South Carolina…
It’s too easy for young gamers to see digital payments as “free money.” Here are some tips for talking to kids about finance. Source link
“We are not interested in marrying at the moment and we each have our own assets.“ Source link