Most Americans Are Blind to How Much Banks Are Paying Today
Stop me if you’ve heard this joke before, but it’s a real hoot if you haven’t. Back in the mid 20-teens, as the Federal Reserve kept interest rates low and most banks, taking their…
Personal Finance
All Personal Finance Articles
Newest first · Page 433
The Surprising Reason You May Not Get Any Social Security
Although Social Security has a lot of rules for retirees to follow, the program is more flexible than one might think. For example, there’s no single preset age to sign up for Social Security.…
I’m 34 with a 7-figure nest egg – will getting a financial advisor help me to retire early faster?
There was a time when I didn’t think I needed a financial advisor. For one thing, I’m not a stranger to investing. I’ve bought and sold plenty of stocks in my day, and…
We’re in our 40s with no kids and our investments aren’t much compared to our other assets – will we ever retire?
The road to retirement is a deeply personal one, and it’s probably not going to be a linear path forward. There are sure to be twists, turns, inflection points, high peaks, deep valleys, prolonged…
8 Things to Do (and 6 Things Not to Do) When You Get a Raise
Getting a raise is a huge accomplishment, so congratulations! Once the additional money starts rolling in, you’ll want to make sure to use it in the best possible way. Here are some things you…
I’m 24 and was going to make $115k in construction, but after getting laid off am aiming for $300k a year now. Anything is possible!
A 24-year-old construction worker recently posted in the Salary subreddit. He shares his journey of earning $110k-$115k per year at a new home sales job before getting fired. Although it’s painful to get fired, this story…
I’m putting $300k annually into taxable brokerage accounts – should I be utilizing a mega backdoor Roth instead?
Many people turn to the Fat FIRE Reddit community for the most optimal ways to earn money and reduce taxes. One Redditor did that and shared their predicament in a post. The individual puts $300k…
My Family Keeps Asking Me for Money – Here’s What Dave Ramsey Told Me to Say
Family dynamics around the dinner table can really be complicated when money is thrown into the equation. Undoubtedly, it’s good to be generous with our loved ones. However, at the same time, one also…
I’m 25 and make $160,726 working on luxury cars and it’s the best thing I ever did
A 25-year-old man posted in the Salary Reddit group about his job as an Audi service advisor. He grosses $160,276 and gets $119k in take-home pay. He’s earning more than the average household and took some…
I’m 25 and just crossed $100,000 as an accountant for the federal government
A 25-year-old accountant recently posted his income progression in the Salary Reddit group. He graduated from college in 2021 with a degree in accounting and earned $103k in 2024. He had previously worked part-time…
Want the Biggest Possible Social Security Benefit? Here’s How to Get It
In 2025, Social Security retirees can get a check worth up to $5,108 every single month. According to the Social Security Administration, this is the maximum benefit payment available. It’s also a lot of money,…
We have a newborn baby and we want to get a jumpstart on college – should we start a 529 or brokage account?
I’m a huge fan of 529 college savings plans, but perhaps not for the reason you think. You see, I live in a state (Indiana), where the tax benefits of contributing to a 529…
3 Conversations All Married Couples Need to Have Before They Retire
Retirement represents a major transition in life. Not only does your day to day schedule change completely, but your financial circumstances might undergo a major shift. That’s why it’s so important to plan carefully…
I was on track to retire early, but I got saddled with debt and now I’m trying to figure out how to get back on track
Reddit is a funny place, an online forum apparently populated primarily by millionaires seeking free financial advice from strangers on the internet. (Hint: Never rely exclusively on advice from strangers on the internet, myself…
I Always Dreamed of Owning Property, But These 9 Factors Convinced Me Not To Be a Landlord
Like most kids, I grew up playing board games. One of my favorites was Monopoly. I liked it so much I’d play it by myself if nobody else wanted to. Money was scarce in…