5 Ways to Reduce Your Chances of Being Audited by the IRS This Year
Now that the 2025 tax-filing season is underway, a lot of people are busy getting their returns done in the hopes of snagging their refunds sooner — or even just to get an…
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20 Facts About Social Security That Every American Over 60 Needs to Know
It goes without saying that Social Security is one of the most critical aspects of the United States federal government. With an estimated 68 million people receiving Social Security benefits in 2024, 1 out…
Social Security: 3 Things You Must Do Before Claiming Benefits at 62
Age 62 tends to be a popular time to claim Social Security because it’s the soonest seniors are allowed to get their benefits. Many people unfortunately end up out of work by age 62.…
I’m 24 making less than $50k with software engineering skills and I can’t figure out how to get a leg up
Even the most ambitious career-oriented individual is bound to feel “stuck” on the low end of the career ladder at some point or another, struggling to reach for that next rung, which seems far…
Does fully funding your child’s college education make them entitled?
When I was applying to college, the process was kind of depressing because I knew my parents didn’t have much money to contribute. So as a result, I knew my choices would be…
I’m headed to college and will be paying $21k a year after scholarships. How do I avoid going into debt?
When I was applying to colleges, I knew it would be on me to cover the bulk of my costs. So when I got a $10,000 annual grant to the university that was…
10 Financial Scams and Frauds That Every American Over 50 Needs to Watch Out For
Unfortunately, if you’re over 50, there is a good chance that financial scams will target you. For better or worse, scammers like to prey on older individuals who might be less familiar with updated…
My mortgage payment is eating most of my paycheck – here’s what Dave Ramsey told me to do
Buying a house is a big life milestone for many people, but it can also become a genuine financial trap. One caller to the Dave Ramsey Show explained that his housing payments were consuming…
I’m 60 year old physician who has banked $7 million – I want to stop working but I’m terrifying of losing my income
A 60-year-old Reddit user with $7 million invested is burned out at his job, but he’s scared of giving up his high-paying work. Since he’s having a hard time making the psychological shift from…
5 Baby Boomer Money Myths That Have Been Totally Debunked
Baby boomers are the largest generation in recorded history, and many of them are set to retire in a few years. While baby boomers tend to be wealthier than younger generations, that doesn’t mean…
It Doesn’t Take A Fortune To Have Your Money Work For You, See How
Having more money allows you to generate higher returns. Essentially, the more you make and save, the more your money works for you. However, you don’t need a fortune to start realizing the benefits…
We’re in our 30s with a $2 million net worth – is it better for us to rent or buy a house with our 2 kids?
A Reddit user with a $2 million net worth and a $575K annual income is trying to figure out whether it makes sense to buy a house or rent. While they are currently renting,…
We’re in our 40s and have built a $5 million nest egg – here’s exactly how it’s invested
A $5 million nest egg is incredibly impressive, especially for someone who’s still in their 40s. Undoubtedly, one not only needs the financial savvy to get to such a spot but also the right…
We’re in our 50’s and would love to retire in the next few years – how much inflation should we plan for in the future?
Inflation is a major thorn in the sides of many retirees and those closing in on retirement. Indeed, whenever prices of everyday goods rise by a notable amount since one’s last purchase, alarm bells…
Social Security Benefits Did Something This Year They Never Have Before
This year marked a big change for Social Security benefits. Payments from the Social Security Administration hit a milestone they never have before — and it’s both good news and bad news for seniors.…