Friends with benefits: These 2 couples pooled their money to buy their ‘forever home’ together — what’s behind this ‘transformative shift’ in how younger people approach homeownership
When Austin Mark and his husband, Bryan, moved back to Chicago from the West Coast in 2024, they wanted to buy a house. They also wanted plenty of living space. They were able to bid on a bigger home, and put down a bigger down payment, because they teamed up with their friends, Nate and […]
My wife and I love our kids equally — but we always end up giving our daughter — who’s married with a baby — more money than our single son and I worry he’ll resent us one day. What do we do?
You love your children. After all, each of them is wonderful in their own way. You enjoy visiting each of them and watching as their lives unfold. But let’s say you and your spouse, both 68 and retired, have started offering financial assistance to your adult daughter and her growing family. Only now, you’re wondering […]
Here are 7 things US retirees need to stop buying for higher monthly income — how many are zapping your cash flow?
Many retirees in America have planned their expenses meticulously, mapping out health care costs, housing and travel with precision. But what if trimming just a few everyday expenses could stretch your retirement dollars further, boost monthly cash flow or even add extra years of financial freedom? In retirement, every little bit helps. With that in […]
Many Americans without kids say they ‘worry’ about who will care for them — do these 4 things now if you’re nervous about aging alone
The U.S. fertility rate may not be as weak as in other developed nations around the world, but nevertheless in 2023 it reached a historic low, according to Pew Research Center data. It figures: the economic case for having kids has maybe never been harder to muster, as inflation — housing and child-care costs, especially […]
Think you need to ditch Ben & Jerry’s to ‘Buy Canadian?’ The home of some of your favourite brands may surprise you
Canada is home to many well-known brands and manufacturers, but some of the foods, drinks and clothing brands you may assume are made here actually come from elsewhere – and vice versa. With globalization and corporate acquisitions, the origin of a product isn’t always obvious, even if the brand has strong Canadian ties (or even […]
I’m the breadwinner and was recently laid off without warning. We’re scraping by — but the mortgage is now 2 months behind, and I’m scared we could lose the house before I’m back to work
Being laid off for months can be really scary, especially if you’re the sole earner in your family. It’s an even more frightening situation if you are at risk of losing the house you’ve worked so hard for. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? […]
I’m 65, have $120,000 saved, collect Social Security of $1,700/month — but monthly expenses total $3,900. How can I make sure money doesn’t run out without sacrificing lifestyle?
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. At age 65, a $120,000 nest egg isn’t going to produce as much income as you might hope. Assuming you follow the 4% rule, you’ll only be able to […]
From city stress to lakeside rest: Budget-friendly ways to own a summer home
Another summer weekend: Scrolling through Instagram, watching friends light bonfires by the lake, paddling into sunsets and relaxing by the lake with an ice cold drink sweating in the summer heat. Images like this might make you wish that you had a Muskoka chair and a summer home of your own. So you convince yourself […]
I’m 61 with a stellar resumé but I’ve failed to get a job — or even an interview — since my layoff 10 months ago. Do I need to conceal my age if I ever want to work again?
Imagine this scenario: Gary has been job hunting for the past 10 months after being laid off by his previous employer. He has a ton of experience and excellent references, but here’s the catch: he’s 61. While he’s sent out countless resumes, he worries that he’s already aged out of the workforce. At the same […]
Warren Buffett once said he’d buy a ‘couple hundred thousand’ American homes — and he’d take out 30-year mortgages to do it. Here’s how to ‘load up’ on US real estate in 2025
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. In 2012, Warren Buffett told CNBC that if there was a way to buy thousands of single-family homes at once, and to manage them easily, he would “load up.” […]