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 […]
‘I could not afford the American dream’: Retired veteran moves to Brazil after struggling to get by in the US — why more retirees are now choosing to leave their ‘financial burdens’ behind
Christopher Boris was struggling in Maryland with a house he couldn’t afford to repair and a disability check that didn’t cover the bills. That’s in the past, though. Now, the retired veteran is enjoying life, spending time with friends, visiting world-famous beaches and hanging out in flip-flops that have become his "staple footwear." The big […]
My mom passed away and I was shocked to learn she left me 10 times as much money as I expected in her will. It’s a nice problem to have, but I’m a little lost on how to handle all this cash
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. In the next 20 years, Americans will inherit an estimated $72 trillion as boomers pass down their accumulated wealth to younger generations in a phenomenon dubbed the Great Wealth […]
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 […]
‘It might not be ideal’: This 60-year-old Arizona woman still dreams of owning her own home one day — but she only makes $2,800/month. Here’s what The Ramsey Show hosts told her to do ASAP
She’s debt-free, has some savings and no major expenses. But at 60, Andrea still isn’t sure she can buy a home or retire — and she called into The Ramsey Show to ask if it’s even possible. “I want to own a home and retire one day,” the Phoenix, Arizona resident told co-hosts George Kamel […]
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. […]
‘They need to be held accountable’: Minnesota man says agency billed Medicaid thousands for housing aid he didn’t get — now the state is investigating the $248M ‘high risk’ program behind it
“I’ve never got an hour of help." That’s how Steven Smith sums up his experience with Leo Human Services, the for-profit agency that — according to Medicaid billing records reviewed by KARE 11 — charged taxpayers thousands of dollars for supposedly helping him find and keep a home. Don’t miss I’m 49 years old and […]
Suze Orman warned that ‘no decision is bigger’ in retirement than this Social Security move — here are some crucial things she wants all Americans to consider before they retire
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. Popular finance personality Suze Orman says perhaps “no decision is bigger” than deciding when to take your Social Security benefits. Soon-to-be retirees can start receiving their benefits as early […]
‘I have nowhere to go’: Uninsured California wildfire survivor, 91, lived without water or power for months in her decimated neighborhood — until 2 members of her community stepped up to help
On the evening of Jan. 7, 2025, a wildfire broke out in Eaton Canyon in the San Gabriel Mountains in California. The fire spread, killing 18 and destroying nearly 9,500 buildings. Helen, a 91-year-old Altadena resident, was one of the many affected by the disaster. Her home was spared, but not her neighborhood, leaving the […]
I’m 35 years old and have built up $300,000 by obediently putting all my cash into the S&P 500. Now I’m wondering: Am I smart enough to start picking individual stocks?
If you’ve hit middle age and managed to earn a substantial sum investing in the stock market, congratulations, you could be well on your way to building a sizable nest egg for your retirement. One common piece of advice people receive in their early years of investing is to put their money in a fund […]