The number of Americans filing for unemployment benefits has hit the highest level since 2021 — what it may be signaling about the US job market
The number of Americans filing for unemployment benefits during the first week of September rose to 263,000, according to the Labor Department. (1) That marks the highest level since October 2021 — and nearly 30,000 higher than economists predicted — signaling growing pressure in the labor market. Unemployment benefits are temporary payments provided to eligible […]
My wife and I love our kids, but we always end up giving our married daughter more than our single son and I worry he’ll resent us. What do we do?
You love your children. After all, each of them is wonderful in their own way. You enjoy visiting them and watching as their lives unfold. But let’s say in this hypothetical situation that you and your spouse, both 68 and retired, have started offering financial assistance to your adult daughter and her growing family. Only […]
15% of Canadians over 65 still working as ‘retirement plans fall apart’
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. When picturing the traditional idea of retirement, you may think of a lucky person blowing out the candles on a cake, getting a gold watch as a parting gift […]
Warren Buffett says if he retired with just $1,000,000, he wouldn’t stress too much about cash — but only if his portfolio did 1 thing. Does yours?
According to the Bloomberg Billionaires Index, legendary investor Warren Buffett is worth about $151 billion [1]. However, in a 2019 interview with Yahoo Finance [2], the Oracle of Omaha said he could live comfortably on much less. In fact, he estimated that he could live well even if he didn’t have 99.99% of his wealth. […]
This new app turns your coffee runs and grocery bills into real home savings
A new fintech platform has come online, allowing Canadians to save for housing by converting their daily purchases into contributions toward rent deposits and down payments. Toronto-based startup Quarters announced the launch of its “Home Savings Rewards” program last week, which it says is the first of its kind in Canada. Unlike traditional loyalty platforms […]
Warren Buffett once explained what he’d do to turn $10K into a fortune if he were a new investor — 3 of his strategies that can still hold up in 2025
This article adheres to strict editorial standards. Some or all links may be monetized. Warren Buffett is well known for his buy-and-hold investing strategy, and making solid bets on low-performing stocks when others are selling at a loss. At his company’s annual meetings, Berkshire Hathaway’s shareholders have the opportunity to pick Buffett’s brain on any […]
Think slowing your ‘burn rate’ can keep you afloat if you lose your job? Here’s why it probably won’t last long — and what you should do instead
If you’re furloughed or lose your job, do you know how much money you’d need to bridge the gap until you start getting a paycheck again? This refers to your so-called “burn rate” — a term commonly used by startup companies to measure how quickly cash reserves are spent before they become profitable. Must Read […]
This Nashville couple is struggling with credit card debt on a $162K income — Dave Ramsey says it would be ‘easy’ to erase it in a year
Even with a decent income, many couples still struggle to pay off debt. It’s even harder if partners aren’t on the same page when it comes to money, causing anxiety and resentment. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don’t have […]
What net worth puts you in the top 10% of Americans? It’s probably a lot higher than you think in 2025
This article adheres to strict editorial standards. Some or all links may be monetized. One of the lesser-known rules of personal finance is that wealth is relative. A net worth of $500,000 might be a fortune in some places and barely enough in others. That’s why tracking your net worth against the national average and […]
Kevin O’Leary discloses 1 of his top investments of all time — a wealth ‘stabilizer’ that always surprises people when revealed. And he’s buying more
This article adheres to strict editorial standards. Some or all links may be monetized. “Shark Tank” investor Kevin O’Leary has made plenty of headline-grabbing bets on the popular reality TV show. But when it comes to what he considers one of his best investments of all time, it isn’t a flashy startup or a high-tech […]