This Washington man spent 31 years building his career at Microsoft only to be fired on a call with 120 others. Here’s how he’s rebuilding at 60
Thousands of Microsoft workers have been laid off in the past year, and Washington resident Mike Kostersitz is just one of them. After spending 31 years at Microsoft, he’s now looking for a job for the first time in more than three decades. Must Read Thanks to Jeff Bezos, you can now become a landlord […]
Vanilla Ice’s real estate and media empire is reportedly worth about $20 million. Here’s why the pop icon claims he ‘made millions for doing nothing’
This article adheres to strict editorial standards. Some or all links may be monetized. There’s a long list of celebrities who made a fortune and lost it all. Burt Reynolds, Mike Tyson and Curtis “50 Cent” Jackson have all filed for bankruptcy in the past. Francis Ford Coppola has filed for bankruptcy three times. Many […]
I’m 62 and setting aside cash in case I end up in a Florida nursing home one day — but with average costs now over $10K/month, how much will I need?
Once you turn 65, there is a 70% chance you’ll need long-term care. (1) And it isn’t cheap. Genworth’s 2024 Cost of Care Survey puts the median cost of a semi-private nursing home room in the U.S. at $111,325 per year. (2) That’s across the country. Florida generally costs more, partly because many retirees settle […]
“Free” iPhone 17? Why that bank promo might cost you more than you think
Free iPhone 17 just for opening a bank account? Sounds like a no-brainer, right? Canadian banks and fintechs continually roll out flashy promotions to lure in new customers — offering everything from Apple gear to cold hard cash. While these perks are tempting, the fine print can turn that “free” iPhone into a surprisingly expensive […]
I’m 61 and tired of working. My wife and I have $1.5M saved, and we’re anxious to start the next chapter of our lives. Do we have enough to retire?
This article adheres to strict editorial standards. Some or all links may be monetized. When it comes to planning for retirement, evaluating your nest egg is a big part of the process. The state of your retirement savings can heavily influence when you decide to retire. Take Jim, 61, for example. He worked in corporate […]
Man loses $100K in online scam to a NASCAR pro impersonator — here’s what The Ramsey Show hosts say he should do next to rebuild and recover
In February 2024, Burlington, Vermont resident Mark, 54, accepted a Facebook friend request from an impersonator claiming to be NASCAR driver Denny Hamlin. Over several weeks, the impersonator claimed that a “briefcase full of prize money” was stuck in customs and that his documentation for entering the United States had expired. Trusting his new “friend,” […]
Warren Buffett once told a group of students that money isn’t ‘that big a deal,’ but is he right? What the Oracle of Omaha prizes instead
This article adheres to strict editorial standards. Some or all links may be monetized. We’ve all heard it before: money doesn’t buy happiness — and investing legend Warren Buffett took that sentiment one step further. “When you get to my age, you will not measure how well you’ve done with how much money you’ve got, […]
I’ve handed in my retirement notice and now the reality is hitting me. How can I prepare for the rest of my life, especially financially?
A record number of Americans hit retirement age this year — and are marking the occasion by handing in their retirement notices. But for many, their financial future is uncertain. In fact an estimated 4.1 million Americans will be retiring every year from now through 2027. It’s a phenomenon Jason Fichtner, executive director of Alliance […]
Are you still paying for mortgage insurance? This proactive 1-minute move could immediately slash your monthly bill. How to check if you qualify
It’s getting harder than ever to save for a down payment on a new home, with the latest data showing that 81% of aspiring homeowners in the U.S. say that down payment and closing costs are an obstacle to their dream of owning a home (1). This makes the standard advice that putting a 20% […]
A week’s worth of work lunches now cost $20 more than they did a year ago — but is that leading to ‘hanger’ hijacking workplace productivity?
There’s no such thing as a free lunch. In fact, lunch is more expensive than ever. According to research from ezCater, (1) workers with in-person or hybrid jobs spend over $108 weekly on work lunches in 2025, up from $88 weekly in 2024. Costs are up for both food purchased at home and for meals […]