New father, 20, overwhelmed by $32K student debt and $21K car loan, fears bankruptcy — here’s the 1 thing Dave Ramsey says he can do to avoid it
If you’re deep in debt, at what point are you actually bankrupt? Before declaring bankruptcy, you have a few options to consider first. John, a 20-year-old from Nashville, is overwhelmed with debt. “I’m in so deep debt … to the point where I think I’m going to have to go bankrupt,” he told The Ramsey […]
I spent my 20s aggressively saving, but now at 35, I feel like I missed out on having a life. Did I mess up — and how do I find a better balance now?
Picture this: Laura has always been a planner. She has diligently kept her focus on her future, and saving every penny was a big part of her plan. Growing up, her family didn’t have a lot of money, so being financially stable was her first priority. The problem is, now that she’s 35, she feels […]
Forget the Canadian dream — Ramit Sethi says you don’t need a home to build wealth and live richly. Here are 3 tips to help Canadians thrive financially
Building wealth in Canada comes with unique challenges, but financial expert Ramit Sethi wants Canadians to rethink some of the most common money myths. On the popular Prof G Podcast with Scott Galloway, Sethi shared insights that can help Canadians reshape how they save, spend, and invest. Here are three key takeaways. Don’t Miss Want […]
Getting wed at the ‘wrong’ time can cost you — and that’s why many young Americans vow to get their lives in order before taking a trip to the altar
Once upon a time, most Americans got married in their early 20s, right after they finished school or got a job. Now most are closer to 30 or even older before they exchange I do’s. That’s because for the majority of Millennials and Gen Z couples, the “right time” to marry is after they’ve got […]
This couple says they’re $12M in debt after walking away from 6-figure jobs to buy 12 Airbnbs — but claim the risky move gave them financial freedom
This article adheres to strict editorial standards. Some or all links may be monetized. To most people, being $12 million in debt sounds like an absolute nightmare. But for Michael Elefante and his wife, it’s the price of financial freedom. In a recent X post (1), Elefante told his story. He and his wife walked […]
Trump’s ‘no tax on tips’ promise is falling flat with Las Vegas workers — experts even brand the law as ‘misleading.’ Is it all smoke and mirrors?
They say that what happens in Vegas stays in Vegas. Yet, when it comes to Donald Trump’s “no tax on tips” law, what began as a Royal Flush of a campaign promise is turning out to be a bust, with ripple effects extending far beyond Sin City. Must Read Thanks to Jeff Bezos, you can […]
I’m going on 62 and want to switch to part-time work in my current role before retiring. How can I make it work — and persuade my boss?
Imagine this scenario: Tracey from Regina is going on 62 and while her friends are talking about retirement, she’s not quite ready to walk off into her golden years just yet. Mentally she’s still sharp as a tack. She loves having structure and purpose to her days, as well as the mental challenge of work. […]
‘They are awful’: Dave Ramsey is fed up with millennials and Gen Z and claims they don’t work but want to own homes — here’s what he says you need to be a successful investor
This article adheres to strict editorial standards. Some or all links may be monetized. We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Dave Ramsey has never been shy about what really grinds his gears when it comes […]
Want to retire early? Here’s the 1 withdrawal strategy that actually works in the US — nail down your ‘forever income stream’ now
If you choose early retirement, you have a long money-management journey ahead of you. By choosing the right withdrawal strategy, you can absorb shocks and bumps in the road. The well-worn 4% rule from retired financial adviser William Bengen has been guiding retirees through their golden years since the 1990s. Bengen analyzed stock and bond […]
My wife and I earn $200K a year, have no debt and feel ready to buy — but can we afford to spend 40% of our take-home pay on a mortgage?
Buying a house has become really hard, with Realtor.com reporting that just 28% of homes on the market are affordable for a typical household. (1) Even if you aren’t a typical household, you may have to stretch to buy — and this can be tough, as you don’t want to put yourself in a position […]