I’ve been offered a job with a $250K salary — double what I currently earn. What can I do with this extra $125K to get my finances locked and loaded?
Most of us daydream about suddenly doubling our salary. The extra cash sounds like the ultimate stress reliever: a chance to finally pay off debt, travel more, and stop worrying about money. But a sharp jump in income can be more challenging to manage than it seems. That’s what happened to Rachelle, an IT professional […]
Indiana man fears if his mother-in-law moves in, her addiction will wreck his finances and family — Ramsey Show hosts give him 2 alternative solutions
An in-law moving in can strain familial relationships and cause financial stress — even more so if that in-law has a substance abuse problem. That’s the case for Tony from Indiana. His mother-in-law has sold her condo so she can pay off her debts, but she’ll only be left with a few thousand dollars. She […]
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 […]
Federal Budget 2025 bets big on business — and why that matters to Canadian investors and workers
After 18 months without a federal budget, Ottawa is finally putting its money where its mouth is — and the focus is clearly on investing in Canadian business to help restart Canada’s stalled economy. Framed as an “investment budget,” Prime Minister Mark Carney’s first fiscal framework focuses mostly on big-ticket investment-driving items, rather than spending […]
Indiana woman discovers husband’s secret $14K loan and hidden bank account. Here’s how The Dave Ramsey hosts say they can recover from the infidelity
Elaine from Indiana recently called into the Dave Ramsey Show to tell George Kamel and Jade Warshaw about a case of financial infidelity. Her husband was self-employed for a time and took out loans for his business to the tune of $14,000. The business failed, and he wasn’t able to discharge the debt in bankruptcy […]
‘You’re broke, act like it’: San Francisco newlyweds owe the IRS $120K. Here’s why Dave Ramsey says it’s time think of their $350K income as $50K
Nikki and her second husband, who live in the San Francisco Bay Area, are $300,000 in debt — and $120,000 of that is owed to the IRS. While they’ve set up a payment plan, the IRS has already sent notices for liens and levies. After divorcing her first husband, Nikki suddenly had three kids to […]
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?
This article adheres to strict editorial standards. Some or all links may be monetized. 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 (1). But that […]
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 […]
New U.S. rule could cost Canadian snowbirds up to $900 a year
For a typical Canadian couple, new U.S. border rules could add $250 to $900 a year in extra costs — covering document preparation, travel delays and cross-border tax advice — before they even unpack their bags in Florida or Arizona. The new U.S. rule was announced in March and went into effect on April 11, […]
Never reveal these 5 things to anyone if you’re an older Canadian — or it could backfire badly. How many have you disclosed already?
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. Older Canadians have a lot to keep an eye on as they age, from health […]