States with the highest gas tax
The coronavirus pandemic has curbed Americans love for the road, keeping many people at home in the past year and cutting into sales at the fuel pump.
That has meant a backlog in work funded by gasoline taxes. More than $8.5 billion worth of highway work and other infrastructure projects across the United States have been canceled or halted temporarily, the American Road and Transportation Builders Association told the Washington Post. Even before the pandemic, many statesâ highway funds were becoming depleted, failing to keep up with construction and repair demands. A study completed in 2020 by accounting firm KPMG predicts that miles traveled will remain at about 90% of pre-2020 levels.
KXLY
May 8, 2021 9:45 AM Bev O Shea, NerdWallet
Posted:
Updated:
Thanakorn.P // Shutterstock
The coronavirus pandemic has curbed Americans love for the road, keeping many people at home in the past year and cutting into sales at the fuel pump.
That has meant a backlog in work funded by gasoline taxes. More than $8.5 billion worth of highway work and other infrastructure projects across the United States have been canceled or halted temporarily, the American Road and Transportation Builders Association told the Washington Post. Even before the pandemic, many states’ highway funds were becoming depleted, failing to keep up with construction and repair demands. A study completed in 2020 by accounting firm KPMG predicts that miles traveled will remain at about 90% of pre-2020 levels.
Identify the gaps
Self-assessments as well as personal finance books and websites can help shine a light on what you don’t know.
Financial counsellor Bret Anderson of Colorado has spent much of his career helping incarcerated veterans get back on their feet and has also advised high-wealth clients. He says five things frequently predict who will manage money successfully.
Two habits – saving and investing – are crucial, he says. Good money managers also know how credit works, have a plan to build wealth and pay off debt, and know what passive income is and how to create it.
If anything on that list is unfamiliar to you, that suggests a starting point for research. “There are plenty of resources just a Google search away,” says Heather Winston, assistant director of advice and financial planning at Principal Financial Group.
This article was provided to The Associated Press by the personal finance website NerdWallet.
Knowing enough about money to cover your bills is a start, but it’s not enough financial literacy to provide long-term security. Most of us eventually wonder what else we should be doing and whether what we don’t know could hurt us.
“When you have a blind spot, you don’t realize until something blindsides you,” says Mark DiGiovanni, a certified financial planner in Grayson, Georgia .
IDENTIFYING THE GAPS
Self-assessments, like this quiz adapted from the Financial Health Network, as well as personal finance books and websites can help shine a light on what you don’t know.
KXLY
April 19, 2021 6:00 AM Bev O Shea
Posted:
Updated:
Getty Images
Knowing enough about money to cover your bills is a start, but it’s not enough financial literacy to provide long-term security. Most of us eventually wonder what else we should be doing and whether what we don’t know could hurt us.
“When you have a blind spot, you don’t realize until something blindsides you,” says Mark DiGiovanni, a certified financial planner in Grayson, Georgia.
Identifying the gaps
Self-assessments, like this quiz adapted from the Financial Health Network, as well as personal finance books and websites can help shine a light on what you don’t know.