Older adults today face a host of challenges when it comes to financing their retirements — and now, new data suggests some miscalculate how much money they’ll receive from Social Security. A paper authored by researchers at the American Enterprise Institute and George Mason University found that a significant number of pre-retirees underestimate their future … Read more
Planning to sell your home? You might want to scramble and get it on the market soon. The best time to list your home this year is the week of April 16-23, according to Realtor.com. That is when a combination of factors come together to make it the optimal time to sell. Those factors include: … Read more
Even when you have the money to rent an apartment, you often need help to jump through the hoops set up by landlords to secure an apartment. It’s even more difficult when you have a bad credit rating or no job to convince someone that you can continue to pay rent, despite the money you … Read more
Eduard Goricev / Shutterstock.com Clothes dryers have a pretty clear mission: Dry your freshly washed clothes. But modern dryers offer a laundry list of features that go well beyond that basic capability. Don’t, however, attempt to use your dryer to defrost a frozen-solid turkey, as was once attempted by the characters in the Fox sitcom … Read more
As the saying goes, “investing in yourself is the best investment you will ever make.” It is significant for women, often marginalized and undervalued in society, to prioritize their personal growth and development. Recently, several women shared their experiences and investments in an online women’s community. 1. Adopting a Dog A dog lover shared that … Read more
Every Friday I recap “news you can use” from the week: a handful of quotes from major (and often expensive) news sources, so you can stay up to date on the news that affects your money without spending a dime and in less than a minute. Here’s an overview of what happened this week. What … Read more
Imagine taking a phone call from a loved one who pleads for your help. It is likely you would be moved to do just about anything to get that person out of danger. But thanks to artificial intelligence, that call might not be what it seems. The Washington Post reports that rapidly advancing technology is … Read more
Overpricing and overspending are all too common in today’s society. One popular internet site asked its users for their opinions on items not worth the extra money. Here are ten items individuals can remove from their lives without forking over their savings. 1. Fast Food Image Credit: Shutterstock. This comfort item is great when road-tripping … Read more
Monkey Business Images / Shutterstock.com If you’re on a fixed income — like most people in retirement — controlling your expenses becomes more important than ever. One way to do that? Living somewhere with a lower cost of living. That’s part of the thinking behind the website WalletHub’s recent ranking of “2023’s Best States to … Read more
pixelheadphoto digitalskillet / Shutterstock.com According to the U.S. Census Bureau, the poverty rate among Americans aged 65 and older increased from 8.9% in 2020 to 10.3% in 2021. That was the only age group to see a statistically significant increase during that period. Millions of older Americans are eligible for assistance programs — but might … Read more