One-third of Americans have nothing to fall back on in case of an emergency, and that’s dangerous — what you can do to protect yourself
Despite the vast majority (75%) of Americans saying emergency savings are essential to financial security, one-third (32%) have no emergency savings set aside, according to a June survey by Empower. (1) That’s a huge increase from last year, when the financial services company published an April survey showing 21% of Americans had no emergency savings. […]
More money, same exact problems — why high-earning ‘HENRYs’ don’t feel any richer despite six-figure salaries
They pull in six-figure salaries but don’t think they’re rich. HENRYs, or “High Earners, Not Rich Yet,” are a surprisingly large class of Americans who pull in big bucks but still feel financially strapped. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you […]
America’s richest families are feeling pressure to sell properties as the office sector struggles — what you need to know about commercial real estate
This article adheres to strict editorial standards. Some or all links may be monetized. Many of America’s wealthiest families are, for the first time, selling off properties from their long-held real estate empires. The Wall Street Journal (WSJ) highlighted the struggles faced by New York’s commercial real estate sector, where tumbling property valuations are pushing […]
Personal bankruptcy filings are soaring this year due to ‘mounting financial pressure’ — but how do you know when you need a ‘financial reset’?
It’s a financial situation that feels hopeless and scary: bankruptcy. Unfortunately, it is also a situation that an increasing number of Americans find themselves in. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don’t have to deal with tenants or fix freezers. […]
I’m buying $10K in camera gear and the seller has 0% interest for a year. I’ve got the cash but wonder — is there any harm in financing it instead?
You may have noticed a new option on the checkout page — zero-interest financing. More online retailers are offering to finance large purchases with no interest charges. It sounds too good to be true, but is it? Adrian found himself asking this question. He’s looking to buy around $10,000 worth of high-end camera gear, including […]
‘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 heart-warming story, but when co-hosts hosts Jade Warshaw and Ken Coleman started asking questions, things went sideways fast. […]
Suze Orman helped this low-income retiree figure out the best order for tapping into her retirement accounts — are you doing it right?
This article adheres to strict editorial standards. Some or all links may be monetized. Suze Orman is no stranger to offering her advice on strategies for saving for retirement. On an episode of her podcast, “Women and Money,” she advised Ellen, a 67-year-old retiree, on a fundamental financial question: “Which bucket do I draw from […]
Canadian snowbird retirees are being forced to sell their Florida homes amid skyrocketing insurance costs, plunging loonie — is this temporary or long-term exodus from the Sunshine State?
For years, Ontario retiree Cesidia Cedrone and her husband escaped Canada’s brutal winters by retreating to their cozy Florida condo. But this year, instead of packing their bags for the sunshine, they packed up their belongings in Florida — for good. “Things changed so drastically. The Canadian dollar is not at par with the U.S. […]
Do you need a 6-figure income to retire early? No — here are 5 money-growing moves for the under-$100K set
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. Think retiring early is out of reach because you don’t make a six-figure salary? It […]
Whoopi Goldberg says she relates to Americans ‘having a hard time’ — admits she’d leave ‘The View’ if she had ‘all the money in the world’
This article adheres to strict editorial standards. Some or all links may be monetized. Whoopi Goldberg has been co-hosting ABC’s “The View” since 2007, making her the longest serving member on the successful daytime show’s panel. However, the celebrated actor and comedian with EGOT status has admitted on the show that her tenure would have […]