‘Things are going to get worse’: Over 3.8 million California families don’t earn enough money to cover basic living expenses — despite 97% of these households having at least 1 working adult
California may be one of the richest states in the country, but it’s a difficult place to afford for many average families. Studies say the gap between high and low incomes is wider in California than in most other states. New research drives that point home even more. Don’t miss I’m 49 years old and […]
They risked everything for an affordable home — now they’re broke and homeless. Don’t let the dream of homeownership turn into a nightmare
Wayne and Kathy Paquette thought they’d found the perfect retirement plan: a sleek floating home on the water, no property tax, no snow to shovel, and a fraction of the cost of a traditional house. They paid $265,000 to a man named Joe Nemins from a company called Live on The Bay. No home was […]
Canada’s debt crisis explodes: Households near breaking point as missed payments surge
Canadians are slipping deeper into financial trouble, and the numbers tell a sobering story. Turns out more Canadians are missing loan repayments at a much faster rate than taking on new debt — a clear sign that many are running out of financial runway as many struggle to pay bills. According to a nationwide study […]
Here’s 1 big money move that sets rich American retirees apart from other seniors — do it now to rocket up the wealth ladder
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. What’s the secret to a wealthy retirement? It’s more than saving or investing earlier — though those help. The real game-changer, the move that separates the financially comfortable from […]
This Vietnamese refugee defied the odds to achieve success — but with 41% of Americans now saying the American dream is no longer within reach, has it become an unaffordable fantasy?
The American dream is an age-old concept that anyone can attain success in the U.S. if they work hard enough. As of 2024, Pew Research Center found that 53% of Americans thought that “dream” was still possible. Ben Quach, 75, is a Vietnamese refugee who’s living proof. But it wasn’t an easy road to get […]
Done with Florida — Canada’s snowbirds are putting their properties up for sale and canceling trips as trade war heats up
Over a million Canadian snowbirds go south when it gets cold every year, and many of them choose to spend winters in Florida. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here are 5 of the easiest ways you can catch up (and fast) […]
Boston man thinks his fiancée’s parents might have committed financial fraud — now worried about signing marriage papers. Here’s what Dave Ramsey called their actions
A Boston man reached out to The Ramsey Show for advice after learning that his fiancée’s dad may have gamed the student aid system — something he feared might amount to fraud. According to Cody, “back in November, [my fiancée] told me her father had transferred all her parents’ investments to her so that her […]
The Family Service of Rochester was supposed to help support older, disabled Americans — then it lost $650,755 and forced folks to move out. But someone followed the money
Moving is hard under the best of circumstances, but imagine being an older or disabled person and given less than two weeks to pack up and leave. That’s what happened to residents of the Enriched Housing Program in Rochester, New York, operated by the nonprofit Family Service of Rochester. The program was set up to […]
50% of Canadian fear they’ll NEVER own a home as recession and interest rates crush buying hopes
“I don’t think I’ll ever own a home.” That’s the reality for half of Canadians — and two-thirds of millennials — who now see homeownership as a dream slipping out of reach. With recession fears rising and interest rates stuck in uncertainty, more and more working Canadians are stepping back from the housing market entirely. […]
Three-quarters of Canadian business leaders are investing at least as much as their American competitors
Despite a challenging economic climate, Canadian business leaders remain bullish on investment, even outpacing their U.S. and global peers in some areas. But that optimism is tempered by a warning: Without urgent policy action, Canada risks falling behind where it matters most, productivity-enhancing technology. A new KPMG survey finds that three-quarters of Canadian executives say […]