GET informed: 3 cheap new cars, retirement tips and top financial news for September 6

GO in the Know

seb_ra /

I hope you had a great Labor Day Weekend full of good times and relaxation. However, if you want to relax a little more, this is the perfect day to do it – it’s National Read a Book Day. While you’re at it, chill out and read up on the key financial stories of the day. Please.

The big advantage: need a cheap car? These 3 models are under $20,000

Trying to find a cheap new car in a year of record sticker prices is the economic equivalent of trying to park on a busy city street during rush hour. Yes, it is a serious challenge – but not impossible. You can still find at least three new models priced under $20,000.

Read the whole story here

Social Security in the spotlight: Don’t lose money by delaying benefits in this common scenario

In most cases, waiting as long as possible to start collecting Social Security retirement benefits helps ensure you get the largest check possible, but not always. If you qualify for a partner’s benefit, waiting too long before applying for Social Security can end up costing you a lot of money.

Read the whole story here

That’s interesting: can you buy cannabis products with food stamps?

The United States Department of Agriculture has strict guidelines on what you can buy with SNAP benefits, also known as food stamps. This applies to both food items and non-food items such as cannabis products.

Read the whole story here

Bonus: How Biden’s Student Loan Forgiveness Plan Can Boost Retirement Savings

President Biden’s student loan forgiveness plan is a huge opportunity for millions of borrowers to grow their wealth by investing and paying off other debts (or making major life changes, such as buying a house, starting a family or starting a business). There is also a great opportunity to contribute significantly to your retirement savings.

Read the whole story here

More from GOBankingRates