As the possibility of a government shutdown looms this week, concerns rise across the nation. For service members, veterans, and their families, the uncertainty hits particularly hard, sparking questions about paychecks, furloughs, and managing expenses. With many Americans lacking substantial emergency savings, these worries intensify. In light of the potential shutdown, financial institutions are urging everyone to contact them for assistance options.
World Mental Health Day, observed on October 10th, highlights the importance of mental health awareness and action. This day serves as a reminder to focus on the mental health challenges faced by military members and veterans.
The student loan payment pause, which ended on August 30, 2023, is leading borrowers to prepare for repayments set to begin next month. This follows the Biden Administration's announcement of a plan to cancel $39 billion in loans for 804,000 borrowers. In light of this, borrowers have been advised on several fronts.