For baby boomers who are thinking about retirement, one’s thought process may be much more complicated today than it was just weeks or months ago. When the market is in decline, as it has…
The story of former NBA All-Star Antoine Walker is a cautionary fiscal tale. During his NBA career, which included a 2005 Championship Ring as a member of the Miami Heat, Walker earned over $108…
File this next letter from the Reddit mailbag under the rubric: “Nice problems to have.” Our caller today, let’s call her “Sally,” describes herself as 30 years old and currently renting a house with…
There is so much misinformation, propaganda, and lies surrounding government operations ever since the inauguration of Donald Trump’s second term as president. One of those includes the Social Security Administration and payments to millions…
Some people invest for many years, only to look at their portfolios and wonder if they made a mistake. This scenario came up in a recent Bogleheads Reddit post. A Redditor is having some…
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 parents use 529 accounts to help cover their children’s education costs. It’s even more advantageous if grandparents create these accounts since their 529 plans do not impact a student’s ability to access financial…
A Reddit user bought a co-op in New York City recently. He financed it with a 10-year interest-only loan at 5%. Although his monthly costs are lower than what he was paying when he…
There is no question that credit cards are as controversial as it can get financially, as using them smartly can help you earn rewards, while misusing them can affect your financial future. The reality…
A Reddit user is getting married soon and is wondering if he should get a prenup to protect the assets he is going into the marriage with. He explained that both he and his…
While there was a time when credit cards were used to make large purchases and push off the balance, there are a few better ways to use cards these days. The cash-back option is…
A Reddit user has had a bad experience with the Affordable Care Act. Since both she and her husband are considering retiring, the couple needs medical care for 2.5 years until they can qualify…
One of the most challenging things anyone has to contend with is a sudden windfall of money you were not expecting. If you are getting an inheritance, there is a good chance you have…
A Reddit user is thinking of doing a major renovation and isn’t sure how to pay for it. The poster said they have cash in a high-yield savings account, but aren’t sure if they…
