Getting caught up in a financial Reddit thread is surprisingly easy. After all, where else can you learn the financial secrets of total strangers and respond to them as though you’ve met? A recent…
I’m a huge fan of the 50/30/20 rule and find it especially useful for those who’ve never budgeted. The way it breaks each budget item down into a spending category helps the first-time budgeter…
A few years ago, I was sitting in a salon when a young man and his daughter walked in. As a stylist worked with the little girl, the man and I began to chat.…
Have you ever looked over the previous month’s bank statement and marveled at how quickly your money disappeared? If so, cut yourself some slack. Life gets busy, and money management sometimes feels like a…
Required Minimum Distribution (RMD) refers to the minimum amount you must withdraw from your retirement accounts once you reach a certain age. This IRS-mandated rule requires you to withdraw your RMD amount at least…
Wrinkles may come with age, but so does wisdom. When my husband and I were first married and still in college, we lived in one of the wealthiest counties in the Midwest. It is…
Whether or not you follow a monthly budget, you’ve probably considered putting one together. After all, a household budget is supposed to act as our financial GPS, showing us when we’re headed in the…
Getting a raise is a huge accomplishment, so congratulations! Once the additional money starts rolling in, you’ll want to make sure to use it in the best possible way. Here are some things you…
The U.S. housing market has not been healthy since the early days of the pandemic, three years into President Donald Trump’s first term. Since that time, pandemic-related inflation has led to higher interest rates,…
No matter what stage of life you’re in, it’s easy to feel “stuck,” like there’s something you’re missing out on. That may be what one young woman was experiencing when she reached out to…
Dec. 31, 2024. I looked up at the clock and was shocked to see it was already 11:56 p.m. That left me only four minutes to log in to Amazon (AMZN | AMZN Price…
Last summer, three of my close friends traveled to Illinois to enjoy a girl’s weekend at my house. As we sat on the back patio, sipping cold drinks and talking about our lives, I…
How much the average American has tucked away in savings is a matter of debate, and if you look hard enough, you’ll find a host of different numbers. Ultimately, what other people have saved…
I’m all about a great budget, and I think I have a pretty good reason for feeling this way. Money can feel overwhelming, but for me, laying a plan out in black and white…
The average retired Social Security recipient collects $1,976 monthly, while the average couple receives $3,089. While some retirees have arranged their finances to live on Social Security benefits alone, most Americans need other sources…
