Yes, they do mind the gap – everyone’s getting richer in America, but boomers are pulling ahead. Here’s why that’s not sitting well with younger generations
America is getting richer. Household wealth, at nearly $170 trillion according to the latest Federal Reserve data, is hovering around all-time highs as stock portfolios swell. Home values are climbing and retirement accounts have fattened up. But, the big winners in this wave of prosperity aren’t the strivers just entering the workforce. It’s boomers. Born […]
Here are the 3 worst investments you can make at any age — do you have cash in any of them?
If you have any investments at all, you’re already ahead of many families. According to a recent Gallup poll, 62% of American households have some exposure to the stock market. [1]. That means simply owning a basic index fund puts you on solid footing. But sometimes, investors go too far down the rabbit hole. Complex […]
New York man wants to borrow from his 401(k) to pay off $33K in debt. Dave Ramsey is vehemently against the idea — but does it ever make sense?
If you’re in debt, you’re not alone. Experian reports that the average U.S. consumer pays $1,237 in monthly debt across their various obligations. (1) Meanwhile, median weekly earnings for American workers were $1,196 during the second quarter of 2025, per the U.S. Bureau of Labor Statistics. That’s an annual salary of $62,192, assuming 52 weeks […]
Ex-Goldman Sachs analyst can’t live comfortably on a $230K income after buying a home — how to invest in real estate without buying property
This article adheres to strict editorial standards. Some or all links may be monetized. Former Goldman Sachs analyst Sam Dogen — also known as the Financial Samurai online — decided to cash in on a huge chunk of his investments last year to buy a “forever home” for his family. But by selling his stocks […]
Americans are hoarding more cash — but not in checking or savings accounts. Here’s what they’re doing to put their money to work
This article adheres to strict editorial standards. Some or all links may be monetized. Consumer spending in the U.S. remains strong, even as inflation sits at 2.7% (below the 2.8% forecast) and checking and savings balances shrink. The question is — where’s the money coming from? New research from JPMorgan Chase’s Household Finances Pulse analysis […]
Illinois Governor reports more than $1.4M in gambling winnings on tax return — says he was ‘incredibly lucky’ in Las Vegas. Here’s the truth behind it
Most people leave Las Vegas with lighter wallets and a story they’d rather forget — but Illinois Gov. JB Pritzker isn’t most people. According to a disclosure from his campaign, he walked away from the blackjack table $1.4 million richer last year, and then donated every dollar to charity. “I went on vacation with my […]
US economy is growing at fastest pace in nearly 2 years — White House calls it ‘explosive growth’ as spending roars back. Is Trump really winning?
More than ever these days, gauging the health of the economy is almost like trying to gauge the health of Schrödinger’s cat. Depending who you talk to, it is both on the upswing and trending downward, showing promise and also headed for collapse. Take, for example, the fact that after months of dismal jobs numbers […]
NY sisters who own a DQ franchise seeing ‘overwhelming’ support in wake of $6M labor law loophole case — and they’re not giving up their fight
An outpouring of community support for the “DQ Sisters” — Long Island siblings and Dairy Queen franchisees who were sued by a former employee over an obscure state labor law — is offering some sweet relief following their five-year ice cream headache. Patty DeMint and Michelle Robey are known in their Medford, New York, community […]
Trump eyes $1,000-$2,000 ‘dividend’ checks for Americans — and cash will ‘ultimately’ come from $1T in tariff revenue. Would you be happy with it?
This article adheres to strict editorial standards. Some or all links may be monetized. Imagine opening your mailbox to find a $2,000 “dividend” check from the government. That’s the eye-popping idea President Donald Trump is now floating — all thanks to his sweeping tariff policy. Must Read Thanks to Jeff Bezos, you can now become […]
The way your credit score is calculated is about to change — and as many as 91.5 million Americans will be impacted. Why some might need to worry
If you’ve been enjoying the freedom of Buy Now, Pay Later (BNPL) services, you’ve been basking in a period of little to no consequences for missed payments. BNPL lets you spread out the cost of a purchase over multiple payments. For many Americans, this is an appealing way to manage expenses, especially as inflation squeezes […]