Social Security Checks In Nine States To Drop By Up To $200 Starting September Due To Tax Hike
The new tax will be adjusted when Social Security recipients in these states file their federal income tax returns. However, some states are working to extend exemptions to qualifying seniors.
Ex-Husband Forges Documents To Drain Woman's Life Savings After Her Near-Fatal Accident
The woman is exploring ways to recover her money after her ex-husband exploited their joint account to transfer her business savings to his personal accounts throughout the marriage. He didn't even spare her Visa business card.
Newly Married 73-Year-Old Feels Slighted As Husband Plans To Leave $1.8M Home To 10-Year-Old Relative
A 73-year-old US woman moved to Europe to live with his husband she married three years ago. She wonders if it's normal to give away the house they share to a distant relative while she pays the bills and supports their lifestyle.
Netflix's Ramit Sethi Breaks Down FIRE: What It Is, What He Thinks The Cons Are And What To Do Instead
Ramit Sethi explained that the FIRE community can help people live ultra-frugal lives and retire early. However, some drawbacks in the community must be remedied to achieve financial independence goals without drastically downgrading lifestyles.
US Insurance Industry Fights Regulation To Scrap Agent Commissions, Boosting Retirement Savings By $3B Annually
A dozen insurance industry groups have secured national stay orders from two Federal courts on a new retirement protection regulation that compels agents to sell products in their client's best interests during 401(k)-IRA rollovers.
'My Millionaire Husband Forced Me To Take Social Security At 62': Boomer Considers Divorce After Husband Refuses To Give Her Money
The Texas resident wonders if a divorce would offer her rights to the husband's inheritance and their five rental properties and incomes.
Vanguard Says People Under 55 Are Making This $130K Mistake When Rolling Money Over From Their 401(k) To IRA
Most investors rolling over their 401(k) funds into an IRA are unaware that the money sits as idle cash until actively invested in stocks and bonds.
'Invest In Renewable Energy': Finance Guru Reveals Four Things He'll Do To Protect His Money If Kamala Harris Wins US Elections
Personal finance expert Sean Bryant plans to invest in renewable energy companies, infrastructure firms, and real estate while stalling student loan repayments if Democratic nominee Kamala Harris wins the 2024 US elections.
Goldman Sachs: Harris Is Better For Americans Vs Trump—More Jobs, Increased Consumer Spending And More
A Goldman Sachs report revealed that Democratic nominee Kamal Harris's economic agenda is positioned to boost the US economy by creating more jobs, lowering living costs, and imposing tax hikes on conglomerates and the wealthy.
US VP Kamala Harris Outlines Plan To Trim Living Costs As It Remains Americans' Top Concern
US Vice President and Democratic nominee Kamala Harris plans to lower living costs through several measures, including lowering grocery prices, introducing child tax credits, and offering downpayment assistance for first-time homebuyers.
How A $16 'Buy Now, Pay Later' Debt Blocked A Woman From Getting A Home Loan Despite $100k Savings
Lou, a final-year student working full-time in the tech sector, had to pay off her $16 outstanding BNPL debt and $38,000 in HECS student loans before securing a mortgage.
Cheap Valuations Prompt Investors Like Warren Buffett to Buy Beauty Stocks Despite Concerns Over Industry Prospects
Warren Buffett bought over half a million shares of Ulta Beauty at a cheap valuation, potentially hinting that the ongoing cosmetics market slump is a short-term hurdle rather than a long-term trend.
Mother Cuts 75-year-old Son's Inheritance By $20k Over Decades-old Unpaid Debt Before Passing Away
The man lives in an assisted living facility and claims to have repaid $5,000 to his mom. He is now exploring ways to receive the entire inheritance payout, even if that means amending his mother's old tax returns.
US VP Candidate Tim Walz Broke His Retirement Nest Egg To Withdraw $135,000 For Daughter's College Education
Minnesota Governor and US Vice Presidential candidate Tim Walz's early retirement funds withdrawal could severely impact his retirement portfolio's compounding growth rate and attract taxes and penalties on the amount.
'I Just Want To Close The Wealth Gap!': Comedian Asks Nancy Pelosi What Stocks To Buy And Is Escorted Away
Conservative comedian Alex Strenger wore a face mask and posed as a Democrat with a Bernie Sanders baseball cap before heckling the former house speaker over her stock trading activity.
Over 120K US Veterans Forced To Repay VA Benefits Of Up To $30K, Otherwise No Disability Checks
The US Department of Veteran Affairs is using a provision in the law to recoup special separation benefits from veterans by pausing their monthly disability checks, which many rely on for a living.
Financial Planner Reveals How Much Money Soon-to-be Retirees Should Have In Emergency Funds
Aggressively bumping your emergency fund savings as you near retirement can help protect your retirement accounts from unexpected bills and expenses that seldom come up during working years.
'I Feel Immense Shame': Millennial Mom Of 3 Depends On Her 64-Year-Old Retired And Widowed Mom For Financial Assistance
Alyse Benoit repaid all her debt and tripled her savings every month with the help of her kids. She cuts back on food and subscriptions, shares profits with the kids, repays credit card balances weekly, and aggressively shops for the best deals.
Blackstone Hiked Rent Prices At Double The Market Rate in San Diego, Allegedly Uses RealPage's Rent Fixing Software: Report
Blackstone has aggressively expanded its real estate empire since 2021, owning 350,000 rental units while fighting rent control measures and allegedly using rent-fixing software that is being probed for financially impacting millions of renters.
Americans Think An Hour Of Their Time Is Worth $240 Or 8 Times The Average US Salary
Americans increasingly value time over money as the definition of wealth for younger generations rapidly shifts to spending more time with friends and family.
Mom Goes To Jail After Racking Up $30K Credit Card Debt In Daughter's Name And Tanking Her Credit Score
A mother added her daughter as an authorised user to her credit card, opened nine accounts in her name, and racked up $30,000 in debt. She urged the daughter to take down the police complaint and be grateful for letting her go to college.
President Biden's 2% Pay Hike For Federal Employees in 2025 Much Lower Than Previous Years
The Biden Administration's latest pay raise announcement is lower than the 4.6% hike at the end of 2022 and 5.2% at the end of last year.
401(k) Millionaires In The US Reach All-time High in Q2: Here Are 4 Strategies They Use
More 401(k) participants contribute early and consistently for years while fully leveraging employer-matching contributions and major tax breaks.
US Couple With $175K Salary Splurges 83% On Fixed Expenses; Ramit Sethi Reveals Why That's A Costly Mistake
A high-earning Bronx couple struggles financially, spending 83% of their income on fixed costs like $1,200 on groceries and $500 on their puppy, prompting financial expert Ramit Sethi to suggest urgent changes.
This Low-Interest UK Business Credit Card Is Helping 200,000 UK Small Businesses Navigate High Borrowing Costs
The Capital on Tap business credit card charges no annual or forex/ATM fees, offers a 42-day interest-free period, APRs starting at 15.22%, and 1% cashback on all business spending.
Husband Reveals The One Phrase His Wife, Who Controls Their Money, Uses To Cover Up Their Financial Mess—Does Your Partner Use It, Too?
Elizabeth's impulsive spending habits have kept her family poor for over a decade. She continues splashing money on clothes and using buy-no-pay-later apps for all expenses.
From Call Centre Representative To CEO: ModernMillie Shares How To Create, Market And Sell Your eBook In 5 Steps
Millie Adrian left her corporate job to become a full-time CEO at her content creation company, which experienced rapid growth by offering valuable guides to entrepreneurs interested in diverse online business opportunities.
Netflix's Ramit Sethi Says You Can Retire A Multi-millionaire And Build Generational Wealth In Seven Steps—Here's How
Millionaire author Ramit Sethi shared his detailed retirement strategy of diversifying investments in often-overlooked retirement accounts to help protect investments and capital gains from taxes, inflation, and market volatility.
Dave Ramsey Show Host Shares Why New Mortgage Trend 'Assumption Loans' Scares Him And Why You Should Be Wary, Too
George Kamel warns homebuyers against falling into the trap of assumable mortgages, which often lead to high upfront payments, long closing times, and a lot of paperwork.
Netizens Slam Dave Ramsey Caller Who Shared The Couple Makes 300K Yearly But 'Is Struggling'—What Are They Spending On?
A Canada-based salesman is struggling with $12,000 in monthly costs, led by over $7,000 in mortgage payments, which is alone 60% of his take-home pay. Experts advise him to sell his cars, house, or rent until his debt is repaid.
