Las Vegas workers who might benefit from Trump’s ‘no tax on tips’ policy are missing out as fewer non-Americans come to town — thanks in part to Trump
Tourism in Las Vegas is down since last year — and tip-dependent workers, like bartenders and dealers who rely heavily on tourist traffic, are especially vulnerable, even with Trump’s ‘no tax on tips’ policy. The Wall Street Journal reports that tip incomes in Las Vegas are shrinking across the board. While tip tax exemptions might […]
Here’s how much the average working boomer has saved for retirement — are you already ahead?
With the youngest baby boomers now aged 61, much of this generation is already retired or nearing retirement. However, data shows many have inadequate savings and, as a result, may struggle to maintain their standard of living. In fact, some boomers have saved so little that younger Canadians could surpass their savings benchmark with just […]
America is ‘going broke slowly,’ says JPMorgan — here’s how to keep your portfolio safe as the national debt reaches a staggering $38 trillion
Is your portfolio safe from U.S. fiscal policy? Fiscal policy decides the tax rates you pay and the government’s spending, and the 2026 fiscal year (FY) for the federal government just began last month. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you […]
Whoopi Goldberg says she can’t afford to quit ‘The View’ — why the Oscar winner isn’t the only American to pay a high price after divorce
On the red carpet for the premiere of the 29th season of The View, the popular daytime talk show starring Whoopi Goldberg, Entertainment Tonight asked the star if, at almost 70, she’s ready to step back. The Oscar winner joked [1], “If you don’t marry well, you gotta keep working,” adding, “I gotta keep paying […]
Here’s the new ‘0.01% rule’ this money expert swears by to encourage Americans to indulge in more guilt-free spending — would it work for you?
This article adheres to strict editorial standards. Some or all links may be monetized. If you agonize over every purchase — whether it’s organic strawberries or a trip to Paris — the 0.01% rule might help put things in perspective. Essentially, the rule states that it’s safe to spend 0.01% of your net worth on […]
My wife and I want to leave California to retire in Tallahassee — but we don’t know a soul there. Should we prioritize cost of living over community?
Many people dream about retirement, but can you picture yourself retiring in a place where you don’t know anybody? Now imagine the dilemma Jim and Anne are facing. The couple is approaching retirement, and they’re eyeing Tallahassee because of the cost of living and lifestyle. There’s just one snag: they don’t know a single person […]
Trump’s ‘bonus depreciation’ rule is turning luxury travel into a tax break. Here’s how the ultra-wealthy are cashing in
For wealthy Americans, business is taking off — literally. That’s thanks to a revived tax break from the first Trump administration, called bonus depreciation. 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. Here’s […]
Missouri man’s wife spends thousands on Christmas, including $3K on stocking stuffers. Dave Ramsey says it’s time for ‘a little common sense’
The holiday season typically brings plenty of cheer, but it can also bring with it a heavy dose of financial stress. Just ask Dale from Missouri, who recently called into The Ramsey Show with a holiday headache (1). His wife loves Christmas traditions, but many of them involve gift giving, which results in them spending […]
I’m 36 and my mother died suddenly, leaving me her sole beneficiary. I’ve made stupid mistakes with money before — how do I avoid a misstep this time?
Receiving a large inheritance may be a happy daydream for many people, but the reality is not always so pleasant. Managing money isn’t easy for many people, especially if they are used to living on very little. Thomas Shortreed, a behavioral financial advisor in Cortland, Ohio, tells Fidelity, “Money is very emotional. It feels good […]
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?
Picture the following scenario: Assume you are 56 and want to retire in 10 years with $550,000. While your savings may align with many others your age — according to Fidelity (1), the average Canadian aged 55 to 64 has a net worth of $873,400 across their RRSP, RSP and other investments — that doesn’t […]