Australian mechanic loses $449K in home-buying scam — blames bank, transfer company, but they point to one big issue
For some, the ultimate dream is giving back to the parents who raised them, to return years of unconditional love with a gesture of gratitude. For Jimmy, an Australian mechanic, that dream took the form of bricks and mortar. "I wanted something that I could sort of call home in my mom’s and dad’s later […]
Tampa woman hid money issues from husband — now they’re facing bankruptcy, losing their home. Why Dave Ramsey says their business was always ‘doomed’
Running a business is no easy feat. Neither is managing your household’s finances. So when Amanda from Tampa offered to do both, her husband was willing to get on board and let her run the show. The problem? The couple opened a restaurant in October that never made money. Instead of coming clean, Amanda lied […]
I’m 64, retired and have a healthy $700K nest egg — but I keep obsessing over fluctuations in my account. Is this a fixable problem or am I fixating?
At 64, Robin is retired with a healthy $700,000 nest egg. On paper, she should feel secure. Yet instead of enjoying her days, she finds herself opening her retirement account app five times a day, watching the balance tick up and down with the market. Each dip sparks anxiety: What if I run out? What […]
I’m 38 years old and work 60 hours a week — I just found out my husband gave $11,000 to his parents. I want to close our joint account. Am I wrong?
This article adheres to strict editorial standards. Some or all links may be monetized. Infidelity often sparks marital trouble. But there’s more than one kind of infidelity that can tear couples apart. “Financial infidelity” is a breach of trust so significant that many relationships struggle to recover. Imagine working 60 grueling hours a week to […]
I was hospitalized in a foreign country, assuming I was covered by travel insurance — but I got an $18K credit-card charge. Can I get my money back?
Natalie’s winter escape to Mexico didn’t exactly go as planned. A sudden medical issue led to a two-night hospital stay, but she felt reassured knowing she had travel health insurance — or so she thought. She provided insurance details to the hospital, but was also asked for a credit card, which she handed over. After […]
Homebuyers experiencing ‘economic nausea’ are pulling out of deals at a record rate — why so many ‘queasy’ buyers are suddenly canceling contracts
Homebuyers in America seem to be getting cold feet. In July, 15.3% of home-purchase agreements fell through across the U.S. That works out to about 58,000 agreements — the highest cancellation rate for July on record [1]. That’s according to data from real estate platform Redfin, which blames high homebuying costs for making buyers “skittish.” […]
I cover my 85-year-old mother’s housing costs, and she gets $1,300 in Social Security — but she blows it all buying junk. Do I cut her off?
Living on a budget is a critical skill, yet many people struggle to master it. According to a 2023 NerdWallet survey, only 23% of Americans say they need a budget to get by every month, and just 13% of baby boomers strictly follow one. While overspending can be harmful at any age, it’s especially risky […]
The ‘Taylor Swift Tax’ is spreading to 2 other states — and realtors warn it could scare away rich US homeowners. Fair tax or unjust cash grab?
This article adheres to strict editorial standards. Some or all links may be monetized. Key Takeaways: Rhode Island’s “Taylor Swift Tax” adds new surcharges on second homes over $1 million, part of a wave of similar taxes across the U.S. Critics say the taxes may backfire by reducing home sales and pushing buyers to other […]
Google sounds alarm after 2.5B users exposed — says hacking group breached accounts successfully. What to do ASAP to protect yourself
It sounds like the plot of a sci-fi crime thriller, but the latest major cyberhack is real. Google revealed that a cybercriminal group known as the ShinyHunters hacked a database of their accounts through the cloud-based software provider Salesforce, exposing the roughly 2.5 billion Gmail and Google Cloud users worldwide to possible breaches. Must Read […]
76% of newcomers fear financial missteps, TD survey finds
Many recent immigrants say they feel held back by a lack of knowledge about investing, banking and Canada’s economy. More than three-quarters (76%) of newcomers to Canada say they’re anxious about making a financial mistake, according to a new survey from TD. The findings suggest that while ambition is strong among recent immigrants, many feel […]