When one’s spouse mourns the recent death of a parent, the reaction to follow-up coordination with the spouse’s siblings can exacerbate underlying resentments and past confrontations. The resentments can be calmly and peacefully resolved…
When the stock market performs well, your nest egg can grow very quickly. If you are 42 years old and already have $3 million in your accounts thanks to your investments doing well, then…
Today’s catch from the Reddit discussion files is that rarest of birds: An American consumer holding only one credit card and looking to “upgrade” his card to something a bit more suited to an…
Renovating your house can make your home more comfortable and more livable and it can increase the value of your home. Unfortunately, it can also be really expensive. One Reddit user is dealing with…
A Reddit user posted a thread recently indicating he had gotten “bored with the credit card game.” He said he had seven credit cards, including all of the ones offering 5% cashback bonuses in…
A lawyer who makes $200,000 per year recently asked Dave Ramsey for advice in a published YouTube Short. The lawyer explains that he has $88,000 in debt and feels confident about paying it off,…
Americans often seem to have a curious relationship with geography. There’s even an old joke to the effect that we only learn geography when we have to locate a country that we’re in a…
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.…
Some people continue to save money until they have achieved their retirement goals. However, others get more ambitious and aim to save enough money for multiple generations. A recent post in the Fat FIRE group demonstrates…
Would you rather be debt-free, or carry a little debt, but also have enough cash tucked away in a rainy day fund, to deal with any unexpected curveballs that life might throw at you…
When you are 40 years old with $8.5 million, you are in a truly fantastic financial position. At a safe withdrawal rate of around 3.7%, your nest egg should comfortably produce around $314,500 in…
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…
A Reddit user is in good shape financially, but he is feeling a lot of stress and his friends think that he is putting so much pressure on himself that he’s not enjoying life.…
When I was growing up, my parents did their best to teach me about money. They highlighted the importance of having a savings account and explained why credit card debt is something to…
For any baby boomer looking to ensure they have enough money to live while retired, being sold an annuity feels like a dream come true. The idea that you can purchase guaranteed, lifelong income…
