Stretching Your Dollar: How to Negotiate Your Bills
Milan Singh, founder and creator of Milan Media, joined Cheddar News' 'Stretching Your Dollar' to talk about the power of negotiation, particularly when it comes to your bills. He said one of the most important steps is doing research to compare prices and be willing to walk away from a business if rates are not in alignment with what you see elsewhere. "If they aren't going to help, then there's so many service provider offering the same service nowadays and if you've done your research, then you should be able to walk away and get those rates from somewhere else that you want," he said.
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
As we head into the second quarter, there’s an argument in favor of buying Boeing stock. Why? As one expert says, ‘there’s nowhere else to get planes.’
With inflation and prices still on the rise, it might be worth considering a carpool app. One of them, Singapore-based Ryde, just went public in the U.S.
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It might sound counterintuitive, but the Fed cutting interest rates three times this year could cause inflation to spike and actually be worse for markets and the economy as a whole.
