Canadian man allegedly scammed multiple seniors out of $309K going door-to-door — and police believe more people were targeted. Here are the signs you’re being scammed
In July, Charlestown, Massachusetts police arrested a man in southern Indiana in connection with a scam that targeted American senior citizens across several states. Authorities say a senior Charlestown resident was tricked into withdrawing US$27,000 from his retirement accounts and handing the cash over to a man who showed up at his front door on […]
My husband, 39, died, leaving me with about $500K in debt between our mortgage, credit card and his consumer debt — will I be stuck paying it all?
When her husband Marcus died of a heart attack at 39, Elena was left with more than grief. The Seattle schoolteacher was suddenly a single mom with two small kids. She was also saddled with massive debt, including a $340,000 mortgage, a joint home-equity line of credit (HELOC) with a $50,000 balance and a shared […]
Arizona man’s $27K life savings drained after police say scammers ‘turned his phone into a weapon’ — what he did next saved him from losing it all
A man from Peoria, Arizona, was scammed out of his life savings in a matter of hours, and it all started with a text that he thought was from his bank. Earlier this year, a message that appeared to be from Bank of America was sent to Dave’s phone — who asked that only his […]
Maya saved $5,000 babysitting. Here’s how her mom is helping it grow
Maya is 14, and over the past few years she has quietly built up a sizeable balance in her chequing account from babysitting jobs. Rather than spending it all on Venti lattes or yoga pants, she has kept it safe in savings. Her mom, Rebecca, has already started saving for Maya’s post-secondary education and is […]
Buffett’s latest $9.7B acquisition has the hallmarks of a Berkshire deal — why the legend might have a ‘surprise or two’ left before he steps down
Berkshire Hathaway, with Warren Buffett still at the helm, announced on Oct. 2 its acquisition of OxyChem, Occidental Petroleum’s chemical business, for $9.7 billion in cash. Throughout his lifetime, Buffett has stood by the tenets of value investing — seeking out companies with stock prices that are lower than the intrinsic value of the business. […]
My elderly parents owe $70K and have almost no assets — and their current plan is just to hold the debt till they die. What does this mean for me?
June’s parents are struggling financially, and she’s not sure how to help. Both are in their 80s, living on Social Security benefits. They don’t have retirement savings, and their assets are slim. Their car is more than 20 years old and they live in a dated mobile home on rented land. Must Read Thanks to […]
Here’s how many Americans actually have $1 million (or more) by the time they retire — and the 3 big moves they made to do it. Are you on track?
This article adheres to strict editorial standards. Some or all links may be monetized. These days, many people think they need over a million dollars to be able to retire comfortably. More specifically, most Americans think the magic number is $1.26 million, according to a 2025 Northwestern Mutual survey (1). Must Read Thanks to Jeff […]
Record-high food prices have Americans rethinking how they buy groceries entirely — but is sticking to a list really the best way to save?
Few places reflect the state of America’s economy more clearly than the grocery store — and right now, it’s a painful reality check. Food prices have soared to record post-pandemic highs, squeezing shoppers nationwide. Ground beef is up 12.8%. (1) Ground coffee? A jaw-dropping 20.9%. In New York, software engineer Kevin Lin was shocked to […]
Working Americans are opting to outsource this 1 major household task — but is it worth it? Here’s how to figure out if the cost comes out in the wash
Young professionals are shelling out money for cleaning services. Warren Weiss opened his business, Scrub! Cleaning, in 2008, and back then, most of his clients were older, well-off professionals. Now, he says, "Everybody has a house cleaner, especially in the city.” (1) Giana Dennin, owner of Dog Mom Cleaning Co, told the Philadelphia Inquirer that […]
Here’s how some US retirees with $1 million in savings actually end up with $2 million or more — and why that’s a bad thing. Are you getting trapped?
Outliving your money is the biggest nightmare for most retirees. In fact, 64% of U.S. adults surveyed by Allianz Life said they were more afraid of running out of money in retirement than dying [1]. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, […]