Ohio man isn’t sure whether to put his $60K bonus toward his mortgage, second home or student loans. Dave Ramsey says there’s only 1 right answer
An Ohio man weighing how to spend a sizable bonus is getting a blunt piece of financial advice from Dave Ramsey: Stop the “stupidity” and pay off student loans first. The caller to The Ramsey Show said he expects a $60,000 gross bonus (approximately $40,000 after taxes), and he and his wife currently hold around […]
Wealthy 1955 babies like Whoopi Goldberg and Bill Gates will get the maximum Social Security benefit of $5,108 this year. How to get the most you can
If you were born in 1955, congratulations! You are the same age as Kris Jenner, Bill Gates and Whoopi Goldberg! You are also eligible to collect the maximum Social Security benefit, if you waited this long to claim it. If your taxable wages in your last year of work were above the social security wage […]
A 40% rise in turkey prices could gobble up a big chunk of your grocery budget. Here’s where to find hot deals for your holiday table
If it feels like high prices have taken a big bite out of your weekly grocery shop, you’re not wrong. The U.S. Department of Agriculture forecasts that overall food prices will rise between 2.6% and 3.4% in 2025, on top of two years of unusually steep increases. The cost of many staples — especially meat […]
‘You have a hook in both sides of your mouth’: Missouri woman’s late-in-life love story turns into a warning from The Ramsey Show about catfish scams
Nicky from Missouri called into the The Ramsey Show with a late-in-life love tale. (1) She, a 68-year-old widow, has met a man, an 81-year-old widower, who wants to marry her. At first it seems like a heartwarming story, but when co-hosts hosts Jade Warshaw and Ken Coleman started asking questions, things went sideways fast. […]
Budget 2025 gives Bank of Canada room to steer recovery, explains BoC Governor Tiff Macklem
After months of economic turbulence, the message from Ottawa is one of cautious optimism — from both Parliament Hill and the Bank of Canada. Bank of Canada (BoC) Governor Tiff Macklem told Canadian senators in early November (1) that the country’s economic slowdown “is more than a cyclical downturn — it is also a structural […]
1 in 3 Gen Zers ‘bed rot’ to cope with financial anxiety — and 52% report losing sleep over tariffs. Here’s how to conquer those money monsters
Financial stress is causing sleepless nights across America. A survey from mattress company Amerisleep shows that almost half of U.S. adults now struggle with sleep due to financial worries, particularly after President Trump’s tariff talks got tough. (1) Although everyone is feeling this strain on their shut-eye, Amerisleep’s report reveals Gen Z is really dooming […]
Stop overpaying for these 5 things ASAP
The price of almost everything – from a carton of eggs to a pound of steak – remains stubbornly high. A Canadian family of four is expected to spend $16,833.67 on food in 2025 — an increase of more than $800 from 2024 grocery costs, according to Canada’s Food Price Report produced by several Canadian […]
‘Sometimes, everything can go down’: Suze Orman says retirees need this much cash on hand at all times — and it’s more than you might expect
This article adheres to strict editorial standards. Some or all links may be monetized. How much money do you really need to retire without losing sleep at night? If you think your 401(k) alone will cut it, think again — one wrong market move could put your retirement plan to sleep. But figuring out how […]
I’m retired, 68, single and child-free. Canada Pension Plan and Old Age Security covers all my living costs — including my rent. Is there even a point to buying a home now?
Retirement often marks the beginning of a new chapter, though this chapter unfolds uniquely for each individual. Consider the life of a 68-year-old retiree in Winnipeg — single, childless and thoroughly enjoying their independence. With comfortable rental accommodations and sufficient retirement income to support an active lifestyle of travel, fine dining and regular rounds of […]
Ultra-rich Americans are ditching stocks and real estate, warns investing legend — 5 assets they’re using to shockproof their millions
This article adheres to strict editorial standards. Some or all links may be monetized. The U.S. stock market recently hit new highs, but according to Michael Sonnenfeldt, founder of Tiger 21 — an exclusive network of ultra-high-net-worth investors — the ultra-rich aren’t chasing the hype. Must Read Thanks to Jeff Bezos, you can now become […]