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In today’s uncertain economy, more people are looking for ways to earn extra money outside of their regular jobs. With rising prices, slower job growth, and changes in government policies, side hustles have become an important way to stay financially stable. Many popular side hustles in 2025 involve working online and using digital skills. Jobs like freelance writing, editing, and online tutoring are in high demand and can be started from home with a computer and internet connection. These flexible opportunities help people earn more, gain new skills, and feel more secure about their financial future—even if they’re just starting out.

The **One Big Beautiful Bill Act (OBBBA)**, signed into law on July 4, 2025, brings major changes to the U.S. tax system. The law stops previously planned increases to federal income tax rates, providing some relief for families dealing with ongoing inflation. It also raises the standard deduction, meaning more income is tax-free for individuals and families. Additionally, it boosts the cap for state and local tax (SALT) deductions from $10,000 to $40,000. This is especially helpful for people in states with high taxes, such as California and New York. These changes happen as President Trump’s administration looks to gain voter support ahead of the 2026 election, making this tax law both an economic and political move.

On September 10, 2025, mortgage rates for a 30-year fixed loan spiked to 6.56%, making it much more expensive for people to buy or refinance a home. This increase comes at a time when many expected the Federal Reserve to start cutting interest rates, which would normally help lower borrowing costs. However, inflation remains high, and prices for essentials like food, gas, and housing are still rising, putting more pressure on family budgets. The quick jump in mortgage rates is making it harder for many Americans to afford a home, especially compared to just a few years ago when rates were below 3%.

In 2025, financial fraud is becoming a major issue for banks and lenders across North America. A new study by LexisNexis Risk Solutions shows that for every dollar a scammer steals, it actually costs a financial institution five dollars due to extra expenses like investigations, recovery, and customer support. Scammers are using advanced tactics like phishing, fake identities, and hacking into accounts, all while many banks still rely on outdated, manual methods to detect fraud. With increasing economic challenges and uncertainty in the world, both scam attempts and consumer stress are on the rise, making it even harder to protect people's money.

As of September 10, 2025, high-yield savings accounts are offering interest rates as high as 5.00% APY, which is much better than what many people were earning in recent years. These accounts have become a smart, low-risk way to save money, especially with ongoing inflation and uncertainty about the economy. The higher interest rates are largely due to the Federal Reserve hitting pause on cutting interest rates any further. While the economy still faces some ups and downs, this decision has helped savers grow their money faster. However, things could change depending on what the Fed decides at its next meeting, which could affect future savings rates.

In 2024 and 2025, finding a job has become harder because the U.S. economy isn't creating as many new jobs as expected. Recently, the government revised its numbers and found that over 900,000 fewer jobs were added than originally thought. This slowdown is partly because the Federal Reserve raised interest rates to fight inflation. Higher rates make it more expensive for businesses to borrow money, so many have cut back on hiring or expansion plans. As a result, people looking for jobs—especially in certain industries—are finding fewer openings and facing more competition.