All Posts By

Tarra Jackson

What Scott Galloway’s Economic Philosophy Reveals About Looming Risks to Your 401(K)

By Money Management No Comments

 NYU professor and author Scott Galloway says many Americans are betting too much on a flawed system. Here’s what you should know — and how to protect your retirement savings. 

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Renowned NYU Stern School of Business professor and tech entrepreneur Scott Galloway has consistently warned about structural economic issues threatening Americans’ retirement savings. Known for his incisive market analysis and sometimes controversial predictions, Galloway’s warnings merit attention from anyone with retirement investments, according to TheStreet. The traditional 401(k)…

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Fed Signals Interest-Rate Cuts May Be Delayed by Tariff Threats

By Money Management No Comments

 A Federal Reserve official indicates potential new tariffs could postpone planned interest rate reductions, contributing to an uncertain economic outlook. 

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Chicago Federal Reserve President Austan Goolsbee has delivered a clear message that might disappoint those hoping for imminent relief from high interest rates: recent tariff threats may postpone planned rate cuts. In a May 24 interview on CNBC’s Squawk Box, Goolsbee suggested that the Federal Reserve’s anticipated policy easing will likely be delayed as the central bank evaluates the potential…

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Higher SALT Deduction Cap Could Mean Major Tax Savings for Americans

By Money Management No Comments

 Proposed changes to the SALT deduction cap could deliver significant tax relief to many Americans, especially higher earners in high-tax states. 

the standard deduction
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The tax landscape for millions of Americans is about to undergo a significant shift with proposed changes to the State and Local Tax (SALT) deduction cap. These modifications could deliver substantial tax relief to certain taxpayers, particularly those in high-tax states who have felt the pinch since the 2017 Tax Cuts and Jobs Act (TCJA) limited these deductions.

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Could This Tax Change Save You Money on Mutual Fund Investments?

By Money Management No Comments

 Proposed legislation could eliminate a longstanding tax annoyance for mutual fund investors by deferring taxes on capital gains until you actually sell your shares. 

Mutual funds
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If you’ve ever opened your year-end mutual fund statement and been shocked by an unexpected tax bill, despite not selling a single share, you are not alone. This quirk of the investment world has long frustrated investors, but potential relief may be on the horizon. Unlike many investments, mutual funds can trigger capital gains taxes even when you haven’t sold your shares.

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24 Financial Survival Tactics: From Side Hustles to Debt Mastery

By Money Management No Comments

 Discover practical strategies real people are using to manage rising costs, boost income, and take control of their finances. 

Smiling woman making a budget and planning to save money with good financial strategy represented by a smart piggy bank
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The American financial landscape has dramatically shifted, with supplemental income becoming a necessity rather than a luxury for millions. A 2025 LendingTree study reveals that close to two-fifths of adults maintain secondary income streams, generating approximately $1,215 monthly on average. Economic pressures have transformed side hustles from optional activities into financial lifelines.

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The Cooling Economy: Your Money in Changing Times

By Money Management No Comments

 GDP slipped recently and concerns are growing, but small, strategic choices now can help you protect your money and plan confidently for the road ahead. Here’s how to stay steady when markets wobble. 

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According to GOBankingRates, the U.S. economy shrank by 0.3% in the first quarter of 2025, marking the first economic contraction since early 2022. This decline, slightly worse than the 0.2% drop economists had predicted, stands in stark contrast to the healthy 2.4% growth recorded in the final quarter of 2024. When gross domestic product (GDP) contracts, it means the total value of goods and…

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