Once you reach a certain level of wealth, you may be inclined to treat yourself to different luxuries. That could mean taking flying first class when you go on vacation, hiring a personal…
Working with a financial advisor has a lot of benefits. For one thing, a financial advisor can bring you peace of mind if you’re feeling shaky about your financial situation. Beyond that, they…
There’s a reason people are often encouraged to save for retirement in an IRA or 401(k) plan. These accounts offer a number of tax benefits. And if you save for retirement in a…
There’s a reason people tend to use credit cards to pay for purchases. Not only does can it lend to better cash flow during the month, but you could end up getting rewarded…
It’s an unfortunate thing that even people with decent health insurance can end up with medical debt. In fact, medical debt tends to be a big cause of personal bankruptcies. In this Reddit…
Many Americans struggle to save money. And an early 2025 survey by U.S. News & World Report found that 42% of Americans don’t have any money in an emergency fund. U.S. retirement savings…
On the road to saving money for retirement, it’s natural to have your share of doubts. And in this Reddit post, we have a 39-year-old saver who’s done a great job of funding…
Since taking office, President Trump has pushed for a number of changes within Social Security. Not only has he continued to call for an end to taxes on benefits, but he’s also given his…
If you’ve ever made an unplanned purchase and regretted it later, you’re no doubt in good company. Impulse buys can happen to the best of us, whether at the supermarket, a clothing store,…
When the stock market reached correction territory earlier in March, defined by a drop of at least 10% but less than 20% off a recent high, a lot of investors got nervous. It’s…
If you’re having trouble keeping up with the high cost of groceries, you’re definitely not alone. In February, food prices were up 1.9% on an annual basis, according to the Consumer Price Index.…
When I first started interviewing financial advisors to work with, there were different questions I asked each candidate. One was about their experience. Another was about the licenses they had. And finally, I…
You may have heard that today’s inflation levels aren’t nearly as bad as they were a few years ago. And that’s actually true. In June of 2022, the Consumer Price Index, which measures cost…
The typical 35-year-old has $45,000 saved for retirement, according to the Federal Reserve’s most recent data. That’s not necessarily too worrisome, though. Although $45,000 is not a ton of money, the typical 35-year-old might…
If you’re feeling uneasy about the economy these days, you should know that you’re in good company. The University of Michigan’s consumer confidence survey for March posted a reading of 57.9, a 10.5% decline…
My job is to write about personal finances topics, whether it’s saving money, budgeting, investing, or planning for retirement. And I’ve been doing this job for a pretty long time. Based on that,…
Many people pay for hotel rooms at the time of booking to save money. But you’ll probably notice that whether you’re paying on the spot or are paid up already, you’re going to…
They say March comes in like a lion and goes out like a lamb. In the context of the stock market, March has been a beast. The month started off quiet enough. But as…
They say it takes money to make money. And that’s often true. In this Reddit post, we have someone who’s managed to accumulate $300,000, which is pretty impressive. But with a $1 million…
There’s a reason so many seniors file for Social Security at age 62 rather than wait. That’s the earliest age to sign up for benefits. And even though waiting on Social Security results…
