Financial literacy is en vogue these days, with states like Florida becoming one of the most recent and largest states to mandate personal finance courses for high schoolers. It’s likely a good thing, too, as nearly every worker in the U.S. is stressed out about money , and a possible recession is looming . advertisement advertisement Yet, even after some financial belt-tightening and evidently learning to live with less during the pandemic, many Americans may be less equipped to deal with their finances than a year ago, according to data from the BrightPlan 2022 Wellness Barometer Survey, which polled 1,500 knowledge workers in the U.S. A particularly worrisome finding? Only 13% of workers were able to answer at least four out of the five following financial literacy questions correctly: You should pay off credit cards each month. Funds are taken from a debit card immediately. 15-year mortgages require higher monthly payments that … [Read more...] about Most people can’t answer all 5 of these basic financial literacy questions. Can you?
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- A + A NEW DELHI (May 24): India is considering cutting an import levy on soybean and sunflower oils, another step in a series of measures the country has taken to cool surging local prices of food. The government is deliberating whether to reduce the agriculture infrastructure and development cess, which is currently 5%, or abolish it, according to a person familiar with the matter. A final decision may be taken this week, said the person, who asked not to be identified as the information is private. A finance ministry spokesperson was not immediately available to comment. The extra levy is used by the government to collect funds for farm infrastructure projects. Curbing the tax could be one of the limited options available for the government to reduce surging vegetable oil prices in the world's second most-populous nation. India has already scrapped base import levies on most cooking oils, including palm oil and soybean oil, and imposed inventory limits to … [Read more...] about India considers tax cut on soybean and sunflower oil to cool prices
Share to Twitter Share to Linkedin Rashad Bilal , a financial advisor, and Troy Millings , an educator, have quickly become the cultural kings of financial literacy. The dynamic duo from the Bronx is on a quest to provide access to financial knowledge that the Black community can use to effect real change. They saw a scarcity of information in the financial literacy field when it came to the Black community and began the famed podcast Earn You Leisure (EYL) in January 2019. With just an iPhone, shotgun mics, and the knowledge they held, the cultural shifters had a vision that led them to a level of popularity that piqued the interest of high-profile celebrities such as Steve Harvey, Nick Cannon, Jemele Hill, and many more. Rashad and Troy have since become the go-to resource for financial literacy in the Black community. They sat down with For(bes) The Culture to talk about how they developed their podcast and secured their television deal with … [Read more...] about Meet Rashad And Troy, The Financial Powerhouses Of REVOLT’s Assets Over Liabilities
PUTRAJAYA: The Federal Government has channeled a financial allocation of RM20.5mil to imams, ‘bilal’ (announcer of calls to prayer), ‘siak’ (mosque caretaker), ‘takmir’ (religious knowledge) teachers and Al-Quran and Fardu Ain (KAFA) Class teachers in the Federal Territory of Kuala Lumpur, Putrajaya and Labuan this year. Minister in the Prime Minister's Department (Religious Affairs) Datuk Idris Ahmad said the group, known as the ‘murabbi ummah’ (nurturers of the ummah) also received a special one-off payment of RM500 which was channelled before Hari Raya Aidilfitri. "The government always appreciates the efforts of the murabbi ummah in disseminating Islamic knowledge and understanding to the community," he told the media after attending the 2022 Federal Territories Murabbi Ummah Conference here on Tuesday (May 24). Idris said the government's contribution of RM232.80 per person for the Self-Employment Social Security Scheme under the Social Security Organisation (Socso) was … [Read more...] about Govt has distributed RM20.5mil to ‘murabbi ummah’ in Federal Territories, says Minister