‘We’re looking at a slowdown’: 3 warning signs point to a U.S. recession. Find out what the indicators are and how to protect your finances in the months ahead
The U.S. is not in a recession — yet. But with policy uncertaintly around tariffs, mass deportations and Department of Government Efficiency (DOGE) cuts, some economic observers believe the odds are rising. “We’ve got a real uncertainty problem, it’s going to be hard to fix that,” former Treasury Secretary Lawrence Summers said in an interview […]
I got a great deal on a car on Facebook Marketplace — but now I’ve spent thousands on repairs and the transmission just failed. I’m already in debt with no emergency cash. What do I do?
When you buy a used car through Facebook Marketplace, you’re usually hoping to snag a good deal on a replacement ride. But what happens when that “deal” turns into a money pit? Let’s consider the case of a 35-year-old woman who, needing a budget-friendly vehicle to get to a new job, buys a used sedan […]
Canada Post strike could delay CPP and OAS: Here’s how seniors can protect their income
As talk of a Canada Post strike heats up, many Canadians — especially seniors — are wondering what it means for their monthly income. For those relying on government programs like the Canada Pension Plan (CPP), Old Age Security (OAS), or the Guaranteed Income Supplement (GIS), the fear of missing a payment can cause real […]
‘It looked like a legit business’: This Mississippi man is out nearly $100,000 after purchasing solar panels — only to find that they don’t work and now the company has seemingly vanished
Mississippi business owner Jim Dutton is feeling burned by Tren Solar, a Louisiana-based company that installed solar panels on his property, and Mosaic Solar, an affiliated company that loaned him $99,000 for the job. Now Dutton has 47 non-functional solar panels installed on top of his auto body shop, located on the same property as […]
Should Canadian retirees own or rent their home? Use this simple ‘5x5x5 rule’ to figure it out
Faced with the rising cost of living, many American retirees are looking to control one of the most fundamental expenses: housing. Since the pandemic, the cost of housing has remained stubbornly high. According to a recent report, home affordability slipped further in January, as rising prices raised the income needed for a mortgage in 12 […]
Trump has a plan to abolish the IRS forever — here are 5 crucial things it could mean for your money
After rushing to file your taxes before the April 15 deadline, the fantasy of living in a world without the Internal Revenue Service (IRS) might feel especially tempting. It’s certainly on the mind of President Donald Trump, who wants to “abolish the IRS,” according to Commerce Secretary Howard Lutnick. Don’t miss I’m 49 years old […]
This California couple, mid-30s, owes their pal $500,000 and they want to pay him back early — but the friend said no to prevent a big tax hit. Is he allowed to refuse? Ramsey Show responds
After paying off a staggering $350,000 in debt in just 2.5 years, Dustin and his wife are within striking distance of financial freedom. They have a plan to quickly eliminate their last remaining loan, but there’s one major hurdle. The Palm Springs, California-based couple wants to sell their primary home and use the proceeds to […]
‘I’m Daisy from Apple’: This Philadelphia man lost over $1,000,000 in 2 back-to-back scams — plus red flags to watch for next time you call a business for help
Joe Subach was just trying to send some money to a friend. But one phone call later, with a woman named ‘Daisy,’ and his financial situation was forever changed. Subach was the victim of two back-to-back scams — one that even involved him handing over his precious metals to money mules — that drained him […]
I’m 68 and retiring in June after 19 years at my company — should I give many months of notice or just 4-to-6 weeks to avoid a last-minute ‘grunt work’ dump?
Mildred has worked as a manufacturing engineer at an auto parts company for the past 19 years. Over time, Mildred has become indispensable to her company. She possesses in-depth knowledge of several of the company’s manufacturing processes that few others have. She loves her job, her coworkers and her manager, but she’s worried about remaining […]
NYC man confesses to Dave Ramsey he put an $11,000 engagement ring on a 0% interest credit card
One New York City man thought he’d gamed the system when he bought an $11,000 engagement ring using a 0% interest credit card offer from Bank of America. With $25,000 sitting in a high-yield savings account earning 4%, Nick figured he could carry the balance for two months, earn a little interest, and make the […]