‘I’m out $15,000 and a home’: Over 50 Houston families evicted from mobile home park — some were still charged rent after leaving, advocates say. How you can protect yourself as a tenant
Taking up residence in a mobile home park can be an economical means of putting a roof over one’s head. But more than 50 families at County Road Mobile Home Park in Houston, Texas, were displaced after the land they were living on was sold, according to KHOU 11 News. Residents had until April 8 […]
‘Chaotic and confusing’: How the latest ‘emergency message’ from Social Security will impact beneficiaries who were overpaid — plus what you can do to protect yourself from future shocks
Think Social Security is a sure thing? Between 2015 and 2022, the government mistakenly shelled out nearly $72 billion, and now it wants that money back, even if the error wasn’t your fault. To that end, the Social Security Administration (SSA) is going after overpayments more aggressively. In March, it announced plans to withhold 100% […]
I just inherited $10,000 — but all I’m hearing these days is the US is headed for a recession. Should I use the cash to pay off my $9,000 credit card debt or keep it for my emergency fund?
If you’re worried about a near-term recession, you’re certainly not alone. According to an April survey conducted by business outlet Chief Executive, American CEOs revealed their take on the current economy, and it found that 62% now anticipate a slowdown or recession in the next six months — up from 48% in March. Part of […]
I’m 28 years old and my dad’s wealth management guy took me on as a favour — but he’s put my entire $50,000 in a single investment. Is this OK or is he setting me up for disaster?
The benefit of hiring someone to manage your money is getting expert investment advice that protects your portfolio from market volatility while fueling its growth. But, what if you’re paying for advice you don’t agree with? Say you’ve decided to use your father’s wealth manager to oversee your own money, only they decide to put […]
I’m 34 with $80,000 in savings and I want to buy a $400,000 house to rent out. But as a first-time investor, would it be too risky to carry a mortgage on a property I won’t occupy?
Buying a home is a pricey prospect, even if prices are trending downward. According to the Canadian Real Estate Association, the national average home price sat at $668,097 in February 2025, a 3.3% decrease from the year prior. If you’re 34 with $80,000 saved, you may be thinking of using that money to buy a […]
I’m 28 years old and my dad’s wealth management guy took me on as a favor — but he’s put my entire $50,000 in a single investment. Is this OK or is he setting me up for disaster?
The benefit of hiring someone to manage your money is getting expert investment advice that protects your portfolio from market volatility while fueling its growth. But, what if you’re paying for advice you don’t agree with? Say you’ve decided to use your father’s wealth manager to oversee your own money, only they decide to put […]
Retiring soon? Not so fast. Here are 3 serious retirement risks that older Americans often forget about — and how to deal with them ASAP
Planning for retirement is something that’s best to do throughout your career, not just when you’re approaching that milestone and have a year or two left to work. Only half of Americans have tried to calculate how much money they’ll need in retirement, according to a 2024 survey by the Employee Benefits Research Institute (EBRI). […]
I’m 62, ready to retire — but wondering if I’ll be penalized on my capital gains when I start cashing in my nest egg. The secret to turning capital gains into tax-efficient retirement income
Tax strategy should be top of mind when it comes to drawing down your retirement account. If you’ve held stocks in your retirement portfolio for a long time, you may be looking at significant gains. Those long-term capital gains could play a big role in your retirement finances — and a positive one. Don’t miss […]
‘No protection for the consumer’: California couple say they’re out $200K after builder abandoned their project — now they’re calling out the state for hiding complaints against contractors
It’s important to vet any contractor before you hire them, and looking for online reviews is key. But for California homeowners, digging up official complaints against contractors is easier said than done. As NBC Bay Area revealed, many such complaints end up hidden from view on California’s Contractors State License Board (CSLB)’s public database. Don’t […]
I’m 25 and ready to move out but can’t afford a deposit. My parents had promised they’d return the ‘rent’ I paid them over the years, but then they put it into my dad’s 401(k). What do I do?
Renting a home is not cheap. In fact, Zillow puts the average monthly cost of rent at $2,100 nationally. Let’s say you’re in your mid-20s and looking to rent a townhome for more space and a sense of independence. The catch? You have to fork over $5,000 in advance for two months’ security and additional […]
