Are cash-back credit cards “worth having or not”? That’s the basic question arising out of our latest draw from the Reddit mailbag. Our inquirer today, let’s call him “Tim,” says he’s “considering applying for…
I don’t know anyone who hasn’t experienced some sort of setback in life. A friend of mine, for example, spent $80,000 on grad school only to realize he didn’t want to go into…
investing in a 401(k) is a simple and effective way to save for retirement — if your company provides this type of workplace plan. You may actually be enrolled in your 401(k) by default…
You can find a lot of inspiring success stories in the Chubby FIRE subreddit. Some people talk about how they accrued millions, but the group is also filled with people who ask for advice. …
Mark Cuban is a brilliant man who’s not afraid to share what he really thinks. Indeed, non-sugar-coated advice from a billionaire can be tough to take, but I think Cuban delivers. If you’re unfamiliar…
If you live in the United States and polled 100 people about something financial that has gotten out of hand lately, I hope tipping is the top answer. We now live in a world…
One of the biggest challenges someone who is living the FIRE life can face is having a bunch of money but not being able to enjoy it. This is something of the underlying belief…
Buying a home has become increasingly difficult in today’s market. Not only are housing prices elevated, but mortgage rates remain high. There’s also a general shortage of homes on the market, which is…
Your first job, your first apartment, your first credit card. Being a young adult in America involves a whole lot of firsts, and you’re expected to accomplish all of them shortly after graduating high…
When inflation went on a rampage following the pandemic, the Federal Reserve had to do something to intervene. So the central bank went and raised its benchmark interest rate multiple times, driving borrowing…
It’s often the case that parents help their adult children financially for as long as they can. But sometimes, the roles can get reversed. That seems to be the case for this Reddit…
Ashton Kutcher first got into the spotlight as a famous actor, but he’s now become a successful investor. Kutcher has been investing since 2009 and made early investments in Skype and Airbnb. He co-founded…
Back in the day, it was common for people to stick with the same employer for 30 or 40 years and retire with a pension. These days, it’s mostly public employees who get pensions.…
A 40-year-old Redditor has amassed an $18 million net worth and plans to retire in the next 12 months. He’s married with one kid and has a W2 household income of $500k. Most of…
The HENRY Finance group is a great resource for advice and inspiring success stories. A 36-year-old Redditor recently posted in the group to share his progress with building his net worth. He has a wife and…