If you were raised in the American financial system, you probably learned that keeping your money in cash, or not investing it, is the worst thing you can do with your money. But is…
Most divorces get messy due to finances, emotions, and other factors. It’s an unfortunate reality, and one woman in her 40s turned to the Fat FIRE Reddit community for advice. She explains in a post that…
Each year, Social Security benefits are eligible for a cost-of-living adjustment (COLA). The purpose of COLAs is to make sure that benefits are able to keep up with inflation. But unfortunately, they often fall…
It won’t come as any surprise to learn that the baby boomer generation is widely considered the wealthiest generation in history, so it begs the question of how they got there. The US has…
A divorce has significant ramifications on all aspects of a person’s life, including their finances. While some of these changes may be unpleasant, it’s important to prepare for them. People who are getting divorced…
It’s no secret that the crushing inflation and economic hardship wrought by the Biden Administration’s policies were a major reason for the landslide presidential electoral victory in November by President Trump. With the costs…
Rising costs have made it more difficult for many people to afford basic goods and services. Inflation impacts poor and middle-class families more than the upper class. However, there are some differences between poor…
A Redditor is approaching his Coast FIRE goals but is considering an early exit. He didn’t share financials but posted in the FIRE Reddit group looking for some advice. It’s harder to share thoughts about finances…
A caller to the Dave Ramsey Show recently expressed concerns about her parents’ plans — or lack thereof — for retirement. The caller explained that her dad is in his 80s but still working…
Last summer, three of my close friends traveled to Illinois to enjoy a girl’s weekend at my house. As we sat on the back patio, sipping cold drinks and talking about our lives, I…
A Reddit poster is celebrating a major milestone. She and her husband reached the $1 million mark in their retirement savings a few months ago. What surprised her most was how quickly the balance…
Investing involves risk. While the stock market is one of the best ways to build incredible wealth over time, it is not where to put money you’ll need relatively soon. And after the incredible…
Paying taxes is a drag no matter how old you are. But when you’re retired, taxes can be even more of a problem than during your working years. And the reason boils down to…
Typically, people become eligible for Social Security by working and paying into the program. But that’s not the only path to collecting Social Security in retirement. Even if you never worked, you may…
Popular podcast host and money management advisor Dave Ramsey made his own fortune many years ago. More than from any personal possessions, he admittedly derives his greatest satisfaction from providing advice and help to…
