I’m 31, inherited $100,000 from my grandma, and my fiancée says I’m ‘stingy’ for refusing to spend it on a ‘dream’ wedding — but I want to use it for a house, kids. Am I wrong for saying no?
When Jim’s grandmother passed away, he didn’t just inherit her favorite teacups or photo albums — he inherited $100,000, and with it, a dream she always had for him: building a future, buying a home and starting a family. Not long ago, Jim proposed to his girlfriend of three years. They’d been planning a small, […]
I’m 59 years old, single and dreaming of retirement — but I’m still carrying an $81,000 mortgage balance. Do I have to wait to leave the workforce until it’s fully paid off?
Imagine this scenario: Brenda is 59, single, has no children and is eyeing retirement. The hitch? She still has $81,000 outstanding on her mortgage, so she’s wondering if it makes sense to remain in the workforce until it’s paid off. If she retires with a mortgage, she’d join a growing share of older Americans who’ve […]
Stop overpaying for these 5 things ASAP
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. The price of almost everything – from a carton of eggs to a pound of steak – remains stubbornly high. According to a report by Edelman Financial Engines, 58% […]
Here’s what Americans can (and should) do at age 59 ½ — how many opportunities are you missing?
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. Age 59 ½ isn’t considered a popular milestone, but it probably should be. At this age, a flurry of new financial options and benefits become available to you. It’s […]
Canadians experiencing ‘fraud fatigue’ after targeted scams
Have you ever nearly been convinced by an email, text or phone call that you needed to click a link or share private information? The deluge of messages, virtual or otherwise, that Canadians receive can sometimes make it easy to slip in our vigilance against fraud. A new RBC poll finds 98% of respondents have […]
The US car market is bankrupting Americans — and it’s only going to get worse. Here’s how to save thousands of dollars if you want to buy a car soon
The U.S. car market faces a perfect storm that is rapidly engulfing ordinary car owners across the country. The clearest sign of this is the rising rate of auto loan borrowers who are falling behind on their monthly payments. As of January this year, 6.6% of subprime auto borrowers were at least 60 days past […]
I’m 67, retired and was bored out of my mind until I found a side hustle to keep myself busy while earning extra cash. Here’s how you can stay engaged in your golden years
After decades in the workforce, the prospect of a relaxing retirement might seem like paradise. Imagine waking up without an alarm, enjoying leisurely mornings and finally diving into all those hobbies you’ve dreamed about for years. Sounds perfect, right? But what happens when the novelty wears off and boredom creeps in? Picture this: Jake is […]
Fare’s fair: Facing a $213 million budget shortfall, Philadelphia transit is now cracking down on fare evaders — how what may look like a petty crime is part of a larger troubling trend
Dawn Cooper, a veteran bus driver with the Southeastern Pennsylvania Transit Authority (SEPTA), says she’s seen a lot in 25 years, but “just when you think that’s it, you see some more.” Fare evaders are face-to-face with drivers, so when they refuse to pay, Cooper just lets them ride. “I don’t want any situations, any […]
This Las Vegas woman renewed her lease — only to be hit with a surprise $900 ‘tech package fee.’ As more tenants get saddled with these ‘predatory’ fees, lawmakers look to clamp down
Loretta Byers had no concerns with re-upping her lease at her Las Vegas apartment — that is until she was hit with an unexpected $900 annual surcharge by her property management company. Byers is just one of many residents at two Vegas apartment complexes where junk fees — or more specifically “tech package fees” — […]
When the bill comes with a catch: Mississauga cafe closes after scam allegations
Farzi Café, a high-end Indian eatery in Square One Shopping Centre in Mississauga, Ontario, first hit headlines earlier this year when it was temporarily shuttered over health violations, documented in public health orders after inspectors found multiple safety infractions. Yet, its reopening proved short-lived. Last week, the restaurant quietly closed its doors again. This time, […]