So how much is the Social Security increase for 2025? The cost-of-living adjustment (COLA) will be announced next week. To keep pace with inflation, the Social Security Administration adjusts the amount beneficiaries receive each year and the 2025 COLA will appear starting in benefit checks for most recipients in January. Learn more about the changes: https://lnkd.in/e-PSMeCP #cnbcselect #cnbc #personalfinance #finance #socialsecurity #socialsecuritychecks #costoflivingincrease #inflation
CNBC Select
Broadcast Media Production and Distribution
All the news and expert tips you need to reach and exceed your financial goals. 💳
About us
We're here to help you take control of your money. We aim to provide high-quality personal finance advice alongside rigorous reviews and comprehensive best-of lists, so you can make informed decisions and choose the right financial products for your life.
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https://www.cnbc.com/select/
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Updates
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Are you struggling to pay off credit card debt? You're not alone. From balance transfers to personal loans — we're breaking down several ways to start paying off your debt. Learn more: cnb.cx/3BrfUyZ #cnbcselect #cnbc #personalfinance #finance #creditcarddebt #debt #howtopayoffdebt #payoffcreditcarddebt #balancetransfers
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If you’re saving for a house, you may have heard you need to have enough for a 20% down payment. But the typical down payment hasn’t been that high in decades. Learn about where the 20% recommendation came from and how big your down payment really needs to be. cnb.cx/3NcWnF8 #cnbcsellect #homedownpayment #homeowneradvice
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It's easy to overlook your personal finances when starting your career. If you want to handle your expenses better — here are a few money lessons you should know at an early age. 💸 👇 ➡️ Start building a credit history early ➡️ Keep extra cash in a high-yield savings account ➡️ Consider budgeting with the 50-30-20 rule ➡️ Use a budgeting app to keep track of everything ➡️ Find reliable sources for financial advice Learn more: cnb.cx/3NaK3oM
5 personal finance tips I wish I knew before turning 18
cnbc.com
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Looking to buy a home? You might want to consider certain cities over others. 👀 In their August 2024 data, S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index report shows that annual home-price growth increased in June 2024 by 5.4 percent since June of last year. This could feel scary but there are ways you can start saving for your future home. Learn more: cnb.cx/47A6f53 #cnbcselect #cnbc #homebuyer #howtobuyahome #personalfinance #homefinances #newhome
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How many budgeting methods leave you with $0 at the end? 🤨 Just one. But despite its name, the zero-based budgeting method can give a big boost to your finances by encouraging mindful spending and saving. 🤑 Every dollar is given a specific purpose, helping you reach your goals and feel better about your bottom line. Here's how to start: ➡️ Figure out your monthly income ➡️ Look at your expenses ➡️ Review your results But is zero-based budgeting really for you? Learn more: cnb.cx/4eoRPaF #cnbcselect #cnbc #personalfinance #finance #budgetingtips
Zero-based budgeting — get control of your finances by giving every dollar a purpose
cnbc.com
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After asking our editor, James Ellis, to explain the difference between a statement balance and a current balance, we realized there's so much more to know when it comes to your credit card. 💳 👀 Here's what to know about missing payments! What should we ask our team to explain next? 💬 #cnbcselect #cnbc #finances #finance #personalfinance #creditcards #creditcardtips #APR #creditcardbalances
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If you have credit card debt you're not alone. Carrying a large balance increases your debt burden, hurts your credit score and virtually negates any benefits you’re getting from your card’s rewards plan. It can be harder than ever to get out from under a mountain of debt but there are a few steps you can take to start paying it off. 👇 ➡️ Use a balance transfer credit card ➡️ Consolidate debt with a personal loan ➡️ Pay off high-interest debt first to save money ➡️ Pay off the smallest balance first to get started Learn more: cnb.cx/3BrfUyZ #cnbcselect #cnbc #personlafinance #finance #debt #payingoffdebt #howtopayoffdebt #savings #moneytips
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If you're launching your own business, you have a ton of questions that need to be answered: How do you name your business? How do you register it? Will people think your product is good enough to purchase? And how will you afford to get it off the ground when you still have bills to pay? 🤨 👉 With the help of experts and entrepreneurs, we've created this guide to help you figure out the solutions to these dilemmas and more. Read more to find out what you need to do to successfully launch your small business: cnb.cx/3N03bWl #cnbcselect #cnbc #smallbusiness #howtostartabusiness #entreprenuers
How to start a small business
cnbc.com
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This might be the only calendar that matters right now ... If you've been wondering when to book those holiday flights — we've got you covered. According to Google Trends, the time to book the cheapest holiday flights is coming up! And if you're looking to make the most of your money while booking, we'll help you find out which travel credit card is the right one for you. Learn more: cnb.cx/3TGZ99i