Personal Finance

How Consumers Look Today as Recession Risks Become More Prominent

With the endless media calls for a recession, one would think most Americans would at least be preparing for a downturn. Either the public thinks the media's use of the ...
Read Full Story »

This Is How You Hurricane-Proof Your Home

One of the most often seen images ahead of a hurricane making landfall is that of customers lined up at their local lumber store with stacks of plywood sheets to ...
Read Full Story »

8 Treasury Bond Alternatives for Investors Who Need Income in 2019 and Beyond

It's becoming a difficult sell to ask many retail and income-oriented investors to buy Treasury notes and bonds now that the yield curve has inverted and long-term yields are at ...
Read Full Story »

More Millennials Are Going Into Debt for Their Pets

Pets make up an incredibly important part of many consumers’ lives. In fact, many pet owners spend a substantial amount of money on their “fur babies” reflecting this. Millennials make ...
Read Full Story »

These Four Southern States Have the Highest Bankruptcy Rates in the US

Bankruptcies rose last month nationwide, hitting a total of 64,283. That was up 3% from July of last year. Bankruptcies are on a pace to reach nearly 800,000 in 2019. ...
Read Full Story »

Credit Card Rates Hit 25-Year High

Americans have paid very high interest rates on credit cards for decades, and in many years the average has been over 15%. They set a 25-year record in May, at ...
Read Full Story »

This Is Why Kids Born in Big Cities Make More Money As Adults Than Others

Being born in a big city is no guarantee of starting life with a silver spoon in one's mouth, but it can have significant advantages. In the United States, for ...
Read Full Story »

This Is How People Avoid Data Hacks When It Comes to Money Payments

The hacking of 106 million Capital One accounts once again showed the potential dangers of exposure of personal data given to financial firms and retailers. Some Americans have avoided this, ...
Read Full Story »

Sextortion Is Back and the Number of Scams Is Steadily Increasing

Which do you fear more: that yours is one of the 100 million personally identifiable records stolen from Capital One or that someone is threatening to reveal a personally embarrassing ...
Read Full Story »

Selling Your House May Cost You a Lot More Than You Think

While a lot of pixels are burned giving home buyers advice on what to look for, how to negotiate and what to do when you lose out to a higher ...
Read Full Story »

Household Wealth Rose by a Stunning 4.5% So Far in 2019

The Federal Reserve's Flow of Funds report issued each quarter might not sound like the most exciting topic to discuss over a happy hour, but something inside that report should ...
Read Full Story »

The Car You’re Buying Says a Lot About Your Credit Score

Most people don't pay cash for cars. They either lease them or finance them. The credit rating range among buyers of car brands varies widely. Luxury car buyers tend to ...
Read Full Story »

15 Great Dividend Stocks Retirees Should Own in 2019

There are many types of investors in America. Whether you are in your twenties or retired, it is important to know what strategy is the best fit for your portfolio. ...
Read Full Story »

Social Security Is Running Out of Money: Here Are 11 Questions Everyone Must Ask

As we noted in our coverage of the 2019 annual report of the trustees of the Social Security and Medicare funds released on Monday, the Old Age and Survivors Insurance ...
Read Full Story »

Retirement Shock: It’s Worse Than Social Security Going Broke in 2035

There has been a longstanding concern, some mythical and some based on math, that there will be no Social Security for retirees in the future. While this is not entirely ...
Read Full Story »