With Verizon cutting 13K jobs and no October unemployment data, job stats may be worse than we think. How to get ahead of a potential loss of income
In what’s being reported as the largest workforce reduction in company history, Verizon is preparing to cut approximately 13,000 jobs. The telecom giant, which employed about 100,000 people at the end of 2024, is racing to stay competitive in a tough wireless service and home internet market, according to CBS News (1). Must Read Thanks […]
NY dad gave his son $117K for a down payment, but his hidden motive made things awkward. Why Dave Ramsey says it was a ‘dumb idea’ from the start
With housing prices already high and on the rise, it’s not uncommon for today’s homebuyers to require help with making a down payment. According to a 2025 survey from Redfin, almost 24% of Gen Zers and millennials who recently bought a home used a cash gift from either a family member or an inheritance to […]
Elon Musk warns Mamdani policies would trigger ‘catastrophic decline’ in US living standards, sounds alarm on ‘low’ universal income. Is he right?
This article adheres to strict editorial standards. Some or all links may be monetized. Tesla CEO Elon Musk isn’t known for mincing words and his comments on New York City’s incoming mayor, Zohran Mamdani, were no exception. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — […]
76-year-old says he has been left homeless after struggling with the cost of living- experts say he isn’t alone
The cost of living crisis is weighing heavily on many Canadians, and one P.E.I. senior is buckling under the strain. David Turner, a 76-year-old, told CTV News (1) that he was forced to live in his car for the past two months due to "mounting debts" and unpaid rent. It isn’t the first time Turner […]
A growing number of Americans are using benefits to get weight-loss drugs, but the cost is weighing on employers. What that means for everyone else
Weight-loss drugs are booming (1) and you’ve probably heard of them: Wegovy, Ozempic, Mounjaro, Zepbound. These GLP-1 medications are helping Americans slim down and manage diabetes — and in some cases, employers are even footing part of the bill. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as […]
We live in Texas, and we’re fighting with our landlord over needed repairs. Now he’s threatening to kick us out in 72 hours. Is that even allowed?
Everyone wants to live in a safe and habitable home, and if you’re a renter that sometimes means leaning on your landlord to maintain the property. But what happens when they aren’t responsive? Let’s say you have two friends, Sarah and Zach, who have been in conflict with their landlord for several months, but things […]
The shocking ‘widow’s tax penalty’ results in higher taxes on less income after your spouse dies — why you must plan for it now to prevent disaster
Losing a spouse is emotionally devastating — and for many widows and widowers, it can also bring unexpected financial hardship. One key reason is the “widow’s tax penalty,” a little-known tax consequence that can increase your tax burden and reduce income after a spouse’s death. Here’s how this penalty can significantly impact your retirement finances. […]
‘That should be a warning’: 65-year-old with no savings doesn’t know where to start. Dave Ramsey says he should axe this one thing first
Mark from North Carolina is 65 — but he’s not retiring any time soon because he’s made “absolutely horrible decisions with money all my life.” He told The Ramsey Show (1) that he has “no nest egg.” His wife has about US$10,000 in a 401(k) — the American equivalent of a RRSP — and he […]
Dave Ramsey is fed up with millennials and Gen Z, claims they don’t work but want to own homes. What he says you need to be a successful investor
This article adheres to strict editorial standards. Some or all links may be monetized. Dave Ramsey has never been shy about what really grinds his gears when it comes to the financial habits of young Americans. In an interview with Fox News, Ramsey — a boomer — shared his true feelings about millennials and Gen-Z’s […]
Morgan Housel warns couples nearing retirement not to chase risky returns — here’s his safe plan for catching up
Deciding to hang up your boots and finally enjoy the fruits of your labour is one of life’s greatest harvests. Deciding when it’s time to take that step requires a hard look at your finances. Many Canadian workers who are approaching retirement feel unprepared. A recent BMO Financial Group survey found that 76% of Canadians […]