Stimulus Checks, Student Loan Relief, And Money For Education

House Democrats released an updated Heroes Act on Monday night. The new $2.2 trillion coronavirus relief package includes much of what was in the original bill passed in May, though is notably about $1 trillion cheaper.

The legislation includes many popular provisions, including another round of stimulus checks to American families. House Democrats also restored the enhanced weekly $600 unemployment benefits that expired this summer.

In terms of education, the bill includes a number of important components. The CARES Act’s student loan payment suspension expires at the end of this month, though President Trump has extended it through the end of the year. However, the new CARES Act would extend the payment and interest pause through September 30, 2021. The

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Mississippi’s lottery is making more money than expected. It could soon go to education.

Sales of lottery tickets are averaging about $10 million or more a week statewide, and if that trend continues, education will get some of the proceeds from the Mississippi Lottery this fiscal year.

“The lottery has been way more successful than we anticipated,” Sen. Joel Carter, R-Gulfport, said this week during a meeting of the Gulf Coast Business Council.

Mississippi’s first lottery ticket was sold on Nov. 25, 2019 and Powerball and Mega Millions national lottery games were added two months later on Jan. 30.

From November through June — even with the coronavirus shutdown that cut sales by 10% to 13% in the early weeks — Mississippi Lottery Corporation transferred $70.7 million in net proceeds to the state treasury.

Since then the lottery has boosted state coffers by another $18.3 million.

Where the money goes

Some of the net proceeds in the beginning months were used to repay

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7 life and money lessons every young adult needs to know

Different generations, no matter how old or young, are all very different, and that’s part of life’s excitement. But the core teachings about success remain largely the same.

I have two sons, a daughter and several grandchildren. And I don’t plan to retire anytime soon. In fact, I’m still running the same billion-dollar money management firm I’ve been at for decades, while also working on my thirteenth book.

Since we can’t all have such a hands-on experience, here are seven essential life and money lessons every young adult needs to know:

1. Ask the pro to (a virtual) lunch.

Knowledge about the past will help you so much with your future, which is why I always tell young people to seek out the oldest people in their company — or the ones who have worked there the longest — to lunch. If they’re still employed after long service, they must

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Duty Free Co-Founder And Ex-Billionaire Chuck Feeney Says He’s Officially Succeeded In Getting Rid Of All His Money

There are a lot of billionaires out there who say they’re interested in dying broke. But it sometimes seems that despite their best efforts even the most philanthropically-inclined billionaires seem to get richer and richer despite themselves. Chuck Feeney says he’s the exception though, and after becoming a billionaire by co-founding the Duty Free Shoppers airport retail chain in the 1960s, the man who is said to have inspired Bill Gates’s own philosophy towards philanthropy says he’s finally succeeded in emptying out his coffers following decades and billions of dollars worth of giving.

Feeney innovated an approach to philanthropy that he calls Giving While Living, which encourages the wealthy to go big with massive philanthropic projects or go home. And he recently told Forbes that his long-held mission of getting rid of the lion’s share of his financial assets has finally been accomplished:

“We learned a lot. We would do

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