This is the true value of having a fully paid-off home in America — especially when you’re heading into retirement
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. There’s great news for America’s homeowners: A growing percentage now own their homes outright. No mortgage, no liens. U.S. Census Bureau data showed that in 2024, about 38.8% of […]
These 4 common retirement hardships could sneak up and smack you in the first 6 months after you quit work
We all know that retirement presents probably the greatest financial challenge of our lifetimes. And we also know that the money worries certainly won’t go away once we’re actually done with careers and ready to relax. But retirement is also full of hidden life lessons that go beyond money. Don’t miss I’m 49 years old […]
Avoid these mistakes: Canadians risk losing up to $100K by ignoring these low-risk investment options
One of the keys to building wealth is understanding the relationship between risk and reward. Canadians are always on the lookout for low-risk investments, but you must understand that free lunches do not exist. A risk-free investment (like a GIC) has a lower expected return than a high-risk investment (like an individual stock). As an […]
‘I hope she gets what’s coming for her’: NYC women speak out after influencer took thousands from them for specialized training course — and then vanished. How to avoid a similar situation
In a New York minute, three women looking to bolster their aesthetician careers lost more than $3,000 each when a highly promoted makeup course vanished overnight, along with the influencer behind it. Marley Matamoros, Ashley Landin and Michelle Echeverry, all from New York, paid their money to take an unlicensed course led by Miami-based TikTok […]
Don’t get scammed: How to spot financial MLMs and fake “get-rich-quick” schemes before they drain your wallet
Between rising interest rates, a shaky stock market and the threat of a trade war with the US, it’s no surprise that financial uncertainty has instilled fear in people in recent years. And unfortunately, this financial uncertainty makes people more vulnerable to falling for get-rich-quick (or “quicker”) schemes in times of need. More specifically, multi-level […]
‘Chaotic and confusing’: How the latest ‘emergency message’ from Social Security will impact beneficiaries who were overpaid — plus what you can do to protect yourself from future shocks
Think Social Security is a sure thing? Between 2015 and 2022, the government mistakenly shelled out nearly $72 billion, and now it wants that money back, even if the error wasn’t your fault. To that end, the Social Security Administration (SSA) is going after overpayments more aggressively. In March, it announced plans to withhold 100% […]
Even rich seniors are scared to spend money in retirement: Here’s how to spend more and be happier without the risk of outliving your cash
You’ve worked hard to save for retirement and the time is finally here. Now, the challenge isn’t about how you’ll spend your time. A far more pressing concern is the fear of outliving your savings, which may influence how you spend your money. In other words, this apprehension could lead to spending less and truly […]
A Massive 25-foot sinkhole swallowed a California construction site, damaging vehicles and a nearby property — here are your options if a ‘shoring failure’ ever lands at your doorstep
A massive sinkhole that opened up in Ventura, California, has damaged several vehicles, forced officials to red-tag a nearby property and left residents questioning the safety of local construction sites. The 25-foot hole appeared in late May near Thompson Boulevard and East Front Street at a construction site for a new apartment complex. While it […]
‘Fight these goobers’: Washington State man has debt collectors coming after him — but Dave Ramsey thinks negotiating with them should be at the bottom of his to-do list
Jordan from Spokane, Washington, has collection agencies coming after him, so he called into The Ramsey Show for help negotiating with debt collectors. In particular, a repo agent — also known as a repossession agent, who is employed by a collection agency to repossess property over a failure to make contractual payments — has been […]
I just inherited $10,000 — but all I’m hearing these days is the US is headed for a recession. Should I use the cash to pay off my $9,000 credit card debt or keep it for my emergency fund?
If you’re worried about a near-term recession, you’re certainly not alone. According to an April survey conducted by business outlet Chief Executive, American CEOs revealed their take on the current economy, and it found that 62% now anticipate a slowdown or recession in the next six months — up from 48% in March. Part of […]