The New Child Tax Credit: Everything You Need To Know

Don't be fooled by the name "tax credit." The latest pandemic relief package created what amounts to a child allowance that reaches most children in the country.

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Time to Book: The Balance Staff Shares 2021 Travel Plan Inspo

Thinking about a vacation after a quiet year at home? Our staff is too. Here's a look at where some of our first trips of 2021 will take us, and how we'll pay for those adventures.

How Much Home Can You Afford?

Monthly mortgage payments depend on your home price, down payment, and more. This mortgage calculator makes it easy to get a sense of what you can afford.

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4 Things You Can Do to Improve Your Financial Literacy

Getting a firm grasp of financial concepts and how to interact with them is a lifelong journey. A few straightforward tasks can help you work toward financial literacy.

New Regulation Helps Enforce Eviction Ban

A new rule out Monday is meant to make a federal moratorium on evictions more powerful by requiring that tenants be notified of their rights under the protective order.

US Treasury Creates Post, Joins Climate Change Fight

The Treasury Department officially joined the climate change battle Monday, creating a new "climate hub" and "climate counselor" role to tackle tax and investing policy.

Most Teens Say the Pandemic Hurt Their College Fund

Most Black and Hispanic teens say the pandemic has affected how they'll pay for college, while nearly half of White students say the same, according to a new study.

Rule of Thumb: How Much to Budget for Home Maintenance

The 1% rule can help you determine how much money to save for repairs and upkeep costs. However, some experts warn that it's only a starting point.

Average Family to See $2,000 More From Child Tax Credit

$4,380 - That's how much the average taxpayer with children (including married couples) is estimated to get from the new child tax credit—$2,000 more than last year.