I’m 57, widowed and ready to downsize — can a HELOC help me? Here’s how to use your home equity to purchase your dream condo
A 2024 AARP report found that 75% of Americans ages 50 and over want to age in place — meaning they’d prefer to stay in their current homes rather than relocate or downsize. However, if you’re, say, a 57-year-old widow, you may not need the extra space that a detached home offers. You might also […]
How much is the average Social Security check of a middle-class retiree?
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Social Security is an important piece of the retirement puzzle, particularly for middle-class retirees who count on the safety net to supplement their post-career income. But if you see […]
Can you pay CRA taxes with a credit card in 2025? Fees, risks, and better options explained
If you owe the taxman money this year, paying on time is the best way to avoid penalties and interest. As Canada’s tax law administrator, the Canada Revenue Agency (CRA) makes it easy to pay your taxes in a number of different ways — including by swiping your credit card. If you’re thinking about using […]
I’m 38, lost my job last week, and my basement just got flooded — which will cost me a depressing $20,000. My parents don’t have money to lend me. Is taking out a HELOC my only option?
One of the biggest risks that come with owning a home is the potential for emergency repairs. And while there’s never an ideal time to be hit with an urgent reno that’ll cost you thousands, these emergencies have a knack for popping up at the worst of times. Let’s say, for example, that you’re 38 […]
Here are 5 simple signs that someone is secretly broke in America — do they apply to the people around you?
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. It’s natural to be curious about how well off — or not — our friends, neighbors and peers are. And for better or worse, social media makes it easy […]
Prolific investor and author Robert Kiyosaki says America’s poor listen to Suze Orman and the middle class follow Dave Ramsey — here are 3 tips from his playbook for creating real wealth
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Robert Kiyosaki has a controversial take on debt: you shouldn’t avoid it. Instead, just embrace it. Garrett Gunderson interviewed Kiyosaki in 2019, and that’s how he said the rich […]
I’m 36 with $11,000 in debt and no savings. I only make $3,000 per month plus an additional $800 through side gigs. How can I turn things around?
Being in your mid-30s with mounting debt and no safety net can feel like you’re stuck in financial quicksand. If you’re living paycheck to paycheck, carrying $11,000 in debt and bringing in $3,800 a month — $3,000 from your main job and another $800 from side gigs — it can seem impossible to get ahead […]
The FBI says an Arizona father–son duo scammed $280M — with an elaborate ‘lie’ meant to ‘exploit and defraud investors.’ Here’s how it allegedly happened, and how to avoid frauds like this
Arizona father and son, Randy and Chad Miller, have reportedly been indicted in an alleged scheme that targeted investors looking to fund a sports complex. The elaborate plot, which resulted in more than $280 million in defrauded funds, involved municipal bonds linked to a large sports complex in the city of Mesa. Don’t miss I’m […]
‘There ought to be consequences’: This Houston man is suing the state over nearby roadwork that has dragged on for 10 years, costing him customers and a business
Road construction is always disruptive. But for Houston businessman Kent Edwards, years-long roadwork has cost him so much that he’s suing the Texas Department of Transportation (TxDOT). “This is a long-term saga going back to 2015 for me,” Edwards told Moneywise. Don’t miss I’m 49 years old and have nothing saved for retirement — what […]
Mystery $6,000 deposits are showing up in the bank accounts of Social Security beneficiaries — and about 3 million US seniors can expect the money. Here’s why and how to tell if it’s legit
If a $6,000 deposit recently landed in your bank account out of nowhere, you’re not alone. While the Trump administration has stirred worries about potential cuts to Social Security, at least 3.2 million Americans are set to receive an increase in their benefits thanks to a rule finalized during the Biden years. Don’t miss I’m […]
