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Confused about the debt ceiling? Expert breaks it down 01/24/2023 01:00am • While lawmakers in Congress have a debate over whether to raise the debt ceiling, the actual definition of "debt ceiling" may get lost in all the political noise in Washington. "The debt ceiling is the maximum amount of money that the government can borrow," said Casey Burgat, director of the Leg What Is a Secured Personal Loan? 01/23/2023 07:00pm • When you need to borrow money, many options are available. One financing choice you may have come across is a secured personal loan. But what is a "secured" loan exactly? Read on to find out how a secured personal loan works and whether it's the right option for your needs. What Is a Secured Loan an Your Guide to HOAs 01/23/2023 07:00pm • When searching for your next home, the neighborhood or community you choose matters when it comes to things like affordability, proximity to work and the right schools for your kids. If the neighborhood you like best is governed by a homeowners association, you'll have a few more factors to consider What Happens if You Don't Pay Your Taxes? 01/23/2023 07:00pm • You may be wondering what could happen if you don't file your tax returns by the April deadline. For many, filing taxes is a straightforward process. But it can get more complicated if you have side gigs or you're self-employed. Regardless of your financial situation, there are significant repercuss Speaking in Fauquier County, Sen. Warner warns of 'carnage' if US defaults on debt 01/22/2023 10:07pm • This article was written by WTOP’s news partner, InsideNoVa.com, and republished with permission. Sign up for InsideNoVa.com’s free email subscription today. Speaking to a room full of local elected officials and other community stakeholders at Laurel Ridge Community College on Friday, Sen. What to Do With Your Tax Return Money 01/22/2023 07:00pm • If you're eagerly awaiting your tax refund, you may be ready to start an online shopping spree or earmark the money for a big purchase, like an 85-inch TV. Stop and think for a moment: These are economically challenging times. In 2022, according to the Internal Revenue Service, the average tax refun Here's what will happen to the economy as the debt ceiling drama deepens 01/22/2023 08:54am • After the United States hit its debt ceiling on Thursday, the Treasury Department is now undertaking "extraordinary measures" to keep paying the government's bills. A default could be catastrophic, causing "irreparable harm to the US economy, the livelihoods of all Americans and global financial Manassas School Board awaits council action on headquarters 01/20/2023 07:57pm • This article was written by WTOP’s news partner InsideNoVa.com and republished with permission. Sign up for InsideNoVa.com’s free email subscription today. More than five months after approving the purchase of its current headquarters building, the Manassas School Board is still waiting f 7 of the Best Large-Cap Stocks to Buy in 2023 01/19/2023 07:00pm • Large-cap stocks could make a comeback in 2023.Last year wasn't a memorable one for U.S. large-cap stocks, with the S&P 500 index falling 19.4% in 2022. That's the worst S&P performance since 2008, at the height of the Great Recession. As the calendar turned from 2022 to 2023, however, large Your nest egg in 2023: How to fortify and secure it 01/19/2023 04:16am • As you get ready to prepare your taxes, you might be thinking about saving for a rainy day or retirement. A financial expert has some advice on how to fortify your nest egg this year. Greg McBride is the chief financial analyst at Bankrate, a financial services company. He said that last year, th How to Use Debt to Build Wealth 01/17/2023 07:00pm • According to the Federal Reserve Bank of New York, total American household debt equaled $16.51 trillion in the third quarter of 2022, a 2.2% increase over the second quarter of the year. But while debt often gets a bad rap in personal finance circles, it's not always a detriment to personal finance Survey: Nearly a Third Have Experienced Financial Infidelity 01/17/2023 07:00pm • An early January survey by U.S. News shows that 31.9% of respondents have experienced financial infidelity. This represents a 2-percentage-point increase over last year's January survey about financial infidelity. Financial infidelity occurs when one partner hides or lies about a money-related decis 7 High-Risk Stocks for Aggressive Investors 01/16/2023 07:00pm • Risk management is the core of successful long-term investing. Investors comfortable with risk can set themselves up for huge long-term gains by identifying the best highly volatile, high-beta stocks to buy. Stocks with betas of 1.5 or higher tend to be at least 50% more volatile than the S&P 50 2% cash back credit cards 01/15/2023 05:45am • Cash back credit cards offer an opportunity to get some money back every time you make a purchase, but how you earn that cash back can vary from card to card. Credit cards with 2% cash back allow you to earn a great rewards rate, regardless of where you spend your money. However, they also limit Tax prep checklist: Collect these forms before filing your taxes 01/13/2023 09:50am • Every year, it can pay off to get organized and gather your tax documents early, both because you're likely to receive your tax refund sooner and you'll avoid the stress of scrambling at the last minute. This is important because the Internal Revenue Service has been particularly slow in recent y