I hate debt. Don’t you? Debt is like a cancer, eating away at your goals by taking money out of your savings and handing it to some lender. So let’s destroy your debts this year. And while we’re at it, let’s fix up your credit, too. If your debts are small and manageable, take some … Read more
Did you order a gift that never arrived? Or perhaps you purchased something for yourself online and have waited in vain for the item to show up at your doorstep? Whenever you order an item online that does not arrive, you have recourse. The Federal Trade Commission says your first step is to contact the … Read more
Oleg Golovnev / Shutterstock.com We all have regrets — including financial regrets. As you get older, there’s a good chance that you might feel as though life could have been better if you’d just done things a little differently. The National Bureau of Economic Research (NBER) recently surveyed more than 1,700 Americans aged 50 and … Read more
Roman Samborskyi / Shutterstock.com Editor’s Note: This story originally appeared on Living on the Cheap. What should you do with old sweaters? You bought those sweaters for ski slopes you no longer visit, holiday and ugly-sweater parties at offices where you no longer work, or for fashions and sizes you no longer wear. Now, they … Read more
Social Security recipients got a big boost to their monthly checks this year, but it still likely was not enough for millions of seniors. The 5.9% cost of living adjustment (COLA) that was added to Social Security benefits in 2022 — which was the highest in four decades — fell short of the actual inflation … Read more
Prostock-studio / Shutterstock.com The Federal Reserve continues to steadily raise its target range for the federal funds rate, and that has motivated banks to offer rates on savings accounts that were unthinkable not so long ago. To be sure, the average savings account rate is a paltry 0.24%. But if you know where to look, … Read more
Prostock-studio / Shutterstock.com Driving a car comes with a lot of little annoyances that most people simply deal with. That’s just how things are, right? Not necessarily. Sometimes there’s an elegant solution to those things that vex you day after day, but you might never think of it on your own. And the best part? … Read more
The very thought of getting into real estate investing can be overwhelming. There’s a lot of work involved in finding the right property, not to mention the many expenses involved with purchasing real estate. On top of this, you have to worry about finding good tenants and being a landlord. You can avoid the hassle … Read more
Job security is always a concern when choosing a career, but some fields are more recession-proof than others. And while there’s no guarantee that any job will be immune to cutbacks or layoffs, some industries weather economic storms better than others. One industry that tends to be recession-resistant is finance. After all, people will always … Read more
NDAB Creativity / Shutterstock.com Turning 65 brings access to senior discounts galore, but there is no benefit of senior citizenship quite like Medicare. The federal program extends subsidized health insurance primarily to folks age 65 and older. But while Medicare coverage comes with numerous freebies, it is hardly free. Medicare beneficiaries pay into the system … Read more