Some premium credit cards have hiked their annual fees by 45% — how to stop ‘fee creep’ from from robbing you of your hard-earned rewards
For some Americans, paying a high annual fee on a premium credit card is worth it for the perks. But, with credit card companies hiking those annual fees — by as much as 45% — is fee creep starting to cancel out those benefits (1)? In June, JPMorgan Chase announced it would be raising the […]
‘Fueled by greed’: Fintech star gets 7 years in prison after defrauding JPMorgan Chase out of $175M — how 1 big mistake got the bank in trouble
Charlie Javice, the entrepreneur who was convicted earlier this year for defrauding JPMorgan Chase out of $175 million, was recently sentenced to seven years in prison. The founder of a student financial aid startup called Frank, Javice sold her company to JPMorgan Chase in the summer of 2021. At the time, it was believed Frank […]
Faced with a $1.8M price tag to buy in their dream neighborhood, this California couple chose to build a $500K home in his parents’s backyard instead
Like many Californians, Aislyn and Ali Benjamin were priced out of their dream neighborhood. In Danville — a small city east of San Francisco — the median home sale price hit $1.8 million in August, according to Zillow. (1) Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as […]
Trump wants foreign companies to bring experts to teach Americans how to manufacture their ‘complex products’ — and then get out. Would it work?
President Trump has a bold suggestion to fix America’s manufacturing woes. He wants foreign experts to come to the U.S. temporarily to train Americans — then head home right after. "When foreign companies who are building extremely complex products, machines … come into the United States with massive investments, I want them to bring their […]
Trump’s economy hasn’t blown up under tariffs like many experts predicted — even US inflation is steady. Is he really proving the naysayers wrong?
Both President Trump and his critics have described America’s ongoing trade war as a major overhaul of the global economy. However, we’re now several months into this volatile conflict and the impact on the economy thus far has been underwhelming. While the tariffs haven’t quite pulled in “trillions of dollars” in government revenue as the […]
Stop wasting $100+ a year on credit card fees — 5 smart ways Canadians can escape them for good
Canadians love their rewards — nearly 90% of households own at least one credit card, and 55% of rewards cardholders pay an annual fee to unlock perks like travel points, cash back, and insurance, according to a report released by the Canadian Bankers Association. With fees ranging from $24 to $699, these costs can quickly […]
My parents owe $70K, have almost no assets and plan to ignore the debt until they die. Will I be on the hook to pay it all off?
June’s parents are struggling financially, and she’s not sure how to help. Both are in their 80s and living on Old Age Security (OAS) and Canada Pension (CPP) 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 park model […]
The government shutdown is spurring recession fears — and experts say these 6 warning signs are flashing. Are you seeing them?
If you’ve found yourself scrolling resale sites or thinking twice before job-hopping, you’re not alone. 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 how Dave Ramsey warns nearly 50% of Americans are […]
Here’s why you should seriously think about taking Social Security at 62 — even if the ‘basic’ math says something else
If you’ve spent any time planning for retirement, you probably know the basics of Social Security: most people can start claiming benefits at age 62, reach “full retirement age” (FRA) between 66 and 67 depending on their birth year, and can delay benefits until age 70. [1] The longer you wait, the larger your monthly […]
Trump’s tariffs bring in record revenues, could reduce deficit by $4T — but will American households pay the price?
Although they have roiled markets, there’s no question that President Donald Trump’s trade policy actions have boosted the federal government’s customs revenues. The good news is this additional money coming in will help reduce the national deficit as well. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as […]