Are balance transfer credit cards a lifeline for Canadians facing fallout from the Trump tariffs?
In the wake of Trump’s sweeping tariff policies (and the ensuing political chaos), Canadian households are feeling the economic squeeze. With Canada bearing some of the brunt of U.S. trade actions, many Canadians are seeking financial relief. Balance transfer credit cards may offer a strategic option for those struggling with mounting debt during these uncertain […]
Federal Reserve just raised the alarm over 1 key economic indicator — signals 12-year high in ‘consumer distress.’ Here’s the big problem crushing American finances (and how to solve it)
While investors worry about the markets, the Federal Reserve Bank of Philadelphia is raising the alarm about another economic indicator: credit-card payments. According to the central bank, more than one in 10 Americans (11.1%) paid the bare minimum monthly on their credit-card debt in the fourth quarter of 2024. That’s a sign of consumer distress, […]
Dave Ramsey just issued a blunt reality check to Americans under 40: ‘If you don’t retire a millionaire, that’s no one’s fault but yours.’ Here’s the math to hit $11,600,000 at 65
While the headlines have been dominated by a rollercoaster in the stock market, financial guru Dave Ramsey isn’t going doom-and-gloom. In fact, the radio host believes every young American has a shot at becoming a millionaire. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. […]
‘Pay close attention’: Suze Orman says many Americans underestimate this critical cost in retirement — 5 ways to prepare before it’s too late
For many retirees, budgeting becomes an art of precision — cutting travel, downsizing homes and seeking out seniors’ discounts. But there’s one expense that still manages to take a surprising toll, even for those who think they’ve planned their golden years well. Don’t miss I’m 49 years old and have nothing saved for retirement — […]
Howard Lutnick says his 94-year-old mother-in-law ‘wouldn’t complain’ if Social Security missed a payment — claims ‘real America’ will be rewarded while the fraudsters ‘yell and scream’
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. Every month, almost 69 million Americans receive a Social Security check. But what if those payments suddenly stopped? Secretary of Commerce Howard Lutnick has a provocative answer. He believes […]
I’m 42 years old with no retirement savings — am I going to be up a creek without a paddle? Here’s why it’s never too late to try to turn the tide and rescue your retirement
Picture John, a 42-year-old who hasn’t started putting away money for retirement yet. He doesn’t have any savings or even an emergency fund set aside for unexpected expenses, and he’s starting to panic. Sound familiar? If you’re in your 40s and haven’t put much thought into retirement savings, now’s the time to get serious. The […]
‘I finally started living in my home’: This Georgia couple fought for 2 years to get their sewer line fixed — here’s the 1 flaw the city missed and how to budget for unexpected home repairs
When Alphonso and Tierney Whitfield first moved into their College Park, Georgia home in 2022, they were eager to start their new life together. But that hope quickly turned into a headache when they discovered plumbing issues, Atlanta News First (ANF) reported. Every time the couple flushed their toilets, wastewater appeared in their yard. Unsure […]
After the storm: How to financially weather home repairs and rising insurance costs
Some Florida homeowners hardest hit by hurricanes Milton and Helene must now also see their homes completely demolished or, if they’re lucky, elevated. This follows a federal mandate that impacts majorly damaged homes — those impacted by natural disasters. Federal Emergency Management Agency’s (FEMA) 50% rule dictates that if a house is in a flood […]
Fixed rates are falling — but variable rates won’t budge. Don’t let confusion cost you thousands. Here’s what you need to know before locking in your next mortgage
In an unusual twist in Canada’s mortgage market, fixed mortgage rates are on a downward trajectory while variable-rate pricing is tightening. This divergence presents both opportunities and challenges for homeowners approaching mortgage renewal. If you’re shopping for a mortgage renewal, there’s some good news: Fixed rates are on the way down. Over the past few […]
‘Is that a threat? Sure it is’: China could make a ‘retaliatory’ move that experts say would ‘hit us hard’ — especially US homeowners. Here’s what’s happening and how to protect your wealth
Mortgage rates are climbing in response to a sell-off off in U.S. Treasury bonds, according to CNBC. Throw in an accelerated mortgage sell-off in China and things could get much worse. Mortgage rates tend to track the 10-year Treasury yield, so it doesn’t bode well for mortgages if investors decide to sell U.S. Treasury bonds. […]
