Fixed mortgage rates rise as variable-rate discounts tighten: Here’s what it means for your next loan or renewal
For a while, it looked like mortgage rates in Canada were finally settling into a more affordable pattern. Fixed rates had been drifting downward, and variable rates were looking more attractive — especially as rate cuts seemed like a matter of “when,” not “if.” But the tide has turned. As of early May, both fixed […]
‘$1M? That’s it?! No, thank you’: Ramit Sethi calls out the worst financial advice he’s ever received, challenging the retirement advice most Americans still follow
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. It’s the advice you hear passed around like a family recipe: Work hard, save consistently, and one day you’ll retire comfortably. But what if this so-called tried-and-true advice is […]
‘You’ve made a colossal mess’: Dave Ramsey left speechless after Seattle man borrowed $80K from in-laws for trailer parked on their ‘dirt’ — now things are awkward. 3 crucial takeaways
Jeremy from Seattle, Washington, believes his recent purchase of a recreational four-wheeler was a “dumb decision.” Speaking with finance guru Dave Ramsey on a recent episode of The Ramsey Show, the young man said his new “toy” is irritating his parents-in-law because they want him to focus on repaying $80,000 he borrowed from them to […]
Trump wants to ‘abolish’ the IRS and replace federal income tax revenue with tariffs on imports — how would such a move affect middle-class Americans?
U.S. President Donald Trump plans to replace income taxes with tariffs, but what does that mean for the average middle-class American? 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) You’re probably […]
This Wall Street Journal writer grew up believing money talk was ‘vulgar’ — leaving her with a financial strategy of ‘hope and avoidance.’ Here’s what you can learn from her money mistakes
Not everyone’s a natural with numbers — but if there’s one life skill worth forcing yourself to get good at, it’s money. Katie Roiphe, author of The Wall Street Journal’s Personal Space column, has never been afraid to tackle bold subjects head-on in her writing, according to a recent interview with the University of Austin. […]
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 […]
I’m 36 and inherited a $500,000 portfolio from my mother. The stock market makes me nervous, so should I move it all into bonds?
In the next 20 years, an astounding $84 trillion is expected to change hands as older Americans pass wealth down to younger generations. 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) […]
My partner of 2 years is drowning in $80K credit card debt and kept it a secret from me — now he wants to move in with his parents while he pays it off. We’re in our 30s. What should I do?
It’s understandable if you’re not keen on moving in with your boyfriend’s family or visiting him at his parents’ house. Your life goals may also be put on hold while he sorts out his finances. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t panic. Here […]
‘It’s a rigged system’: San Diego becomes the 5th US city to ban the use of AI software to set rent prices — landlords accused of colluding to keep costs ‘artificially high’
The San Diego City Council recently voted 8-1 to prohibit landlords from using rent price-fixing software that relies on non-public data. The measure was introduced by Councilmember Sean Elo-Rivera, who claimed the programs are harming tenants by giving landlords an unfair advantage. Don’t miss I’m 49 years old and have nothing saved for retirement — […]
Bill Gates claims that America’s doctors, teachers could be replaced within 10 years — and humans won’t be needed ‘for most things.’ But will ‘free intelligence’ help or destroy US workers?
Bill Gates isn’t sugarcoating it: Artificial intelligence is coming for jobs. And not just blue-collar ones. In a recent episode of the People by WTF podcast, the Microsoft co-founder laid out a vision of the future in which AI tools take over some of the most essential professions in America, including teaching and medicine. Don’t […]