‘Gold grifters’ scam victims out of fortune as fake couriers steal real gold — how to protect yourself from high-value asset fraud
Kris Owen, a 79-year-old Vietnam veteran, had planned to spend his retirement in Indiana with his wife, Karen. But after she lost her battle with breast cancer, he was left heartbroken and vulnerable. “All of our plans for travel and everything kind of went out the window,” Owen told ABC News. Don’t miss I’m 49 […]
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 […]
‘It wasn’t my mistake’: Ohio widow looking for answers after Social Security says it overpaid her $70K — and now they want it back. What to do if you spot changes in your benefit payments
Social Security has been under scrutiny now that the Department of Government Efficiency (DOGE) is digging into its finances. For this reason, Social Security is invested in recouping all of the money it can due to erroneous payments. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? […]
I’m 22 and want to move out of my parents’ house, but I can’t afford rent because my car payments are too high — what can I do to lower my auto and living costs?
The past few years have been wrought with rampant inflation, and many Americans are having a hard time paying their bills. In a February CBS News and YouGov poll, 77% of Americans said their income isn’t keeping up with inflation. And a March survey from Equitable found that 80% of Americans across all income levels […]
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 […]
Oil giant Valero Energy will close California refinery after 25 years in operation, inflicting ‘a major hit on the city’ — why refineries are ditching the Golden State
Located roughly 36 miles away from San Francisco is the city of Benicia, California. With a population of about 26,400 people, it’s known for its small-town charm. The city also relies heavily on one major business — San Antonio, Texas-based Valero has operated a 170,000-barrel-per-day refinery in Benicia for 25 years. The facility employs over […]
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 $1,850 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 […]
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 feel like an idiot’: Dallas woman says she’s divorcing her husband of 27 years after discovering he secretly racked up $1M in debt — but Ramsey Show hosts say she needs to own her part
When you enter into a marriage, you expect your spouse to be faithful. But sometimes, a different type of infidelity — financial — can rear its ugly head. That’s what happened to Cathy from Dallas, Texas, who recently called into The Ramsey Show seeking urgent financial advice. Cathy revealed to co-hosts Ken Coleman and Jade […]
