Local $2B Powerball winner now buying up properties after California wildfires devastated his community — is selling after a disaster the right move?
Edwin Castro is committed to helping his hometown recover from the Eaton fire. Castro won a $2 billion Powerball lottery in 2022. Since the fire earlier this year, he has been buying up lots in Altadena, California, with the hopes of leading the rebuilding efforts there. He has already spent $10 million on 15 lots, […]
Your health insurance will cost your employer even more next year — here’s what’s behind the projected 15-year high (and what it will mean for you)
Employer sponsored health insurance plans are about to see the biggest increases in cost in 15 years, and companies are bracing for impact. According to Mercer’s 2025 National Survey of Employer-Sponsored Health Plans, total health benefit cost per employee is expected to rise by an average of 6.5% in 2026 — even after employers take […]
Some employers are giving RTO workers the option to take a severance package instead — but there’s a major catch. Would you take it anyway?
So much for the Great Resignation and quiet quitting — it’s no longer an employee’s market. And that’s being reflected in return-to-office (RTO) policies and severance packages. Many companies started offering flexible work arrangements, including remote and hybrid options, during the early days of the Covid-19 pandemic. But now, many of these same companies are […]
I’ve done the math: I should be able to retire at 66, with $550,000 in the bank — and not a penny more. How do I make it last?
Take the following scenario: Assume you were 56 and want to retire in 10 years with $550,000. Your savings may align with many others your age — the average American aged 65 to 74 has about $609,000 saved. But that doesn’t mean you’re looking at sufficient retirement income. Here are a few things to consider. […]
‘It’s not that hard’: Dave Ramsey tells NY woman — stuck in a paycheck-to-paycheck cycle despite $300K family income — she’s letting ‘drama’ guide her
A school psychologist named Maria called into The Ramsey Show in July with an unusual problem: Despite having minimal debt and a combined yearly income of nearly $300,000, she and her husband could not seem to stick to their budget. Ramsey and co-host Jade Warshaw were visibly frustrated as Maria, who sounded nervous, waffled through […]
Yes — US banks can close your account without warning. And some reasons will surprise you. What would you do if you had zero access to your money?
You might assume you “own” your bank account — after all, it holds your hard-earned money. But in reality, you have a relationship with the bank, and that relationship can be ended — sometimes without warning. CBS News Philadelphia reported that U.S. banks can close checking, savings, or credit card accounts without prior notice. According […]
Morgan Housel says he’s met a half dozen billionaires — and his new book shows how you can be wealthier than all of them
There are plenty of things we easily call an art: the art of cooking, the art of writing, the art of mastering a sport. I’ll admit, I never thought of spending as an art — until I sat down with Morgan Housel, the New York Times bestselling author of The Psychology of Money and Same […]
College grad, 26, crashes out online after finding out her student loans have a 17% interest rate — here’s why she says she ‘didn’t know any better’
At just 17 years old, Alyssa Jeacoma signed off on student loans without fully grasping what she was getting into. With little financial education and no guidance from her parents — who themselves had never navigated the loan process — she trusted borrowing would be simple: the lender would cover her tuition at D’Youville University, […]
New tax laws under Trump could let millions of Americans pay $0 in federal income tax — here’s who can eliminate their 2025 bill completely
President Donald Trump’s new tax bill cuts the income tax liability for many Americans. Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1). Similarly, 40% of households had a $0 federal tax bill in 2022, under the Biden administration. However, Trump’s tax […]
TD survey finds small business owners still turning to costly credit in emergencies
Canadian small business owners say they’re ready for the unexpected — but their financial choices suggest otherwise. A new TD Insurance survey shows that while nearly all entrepreneurs (94%) have business insurance, just over half (52%) would actually rely on it first in case of an emergency. Instead, many report they would first lean on […]