Should you pay off your mortgage early or buy US stocks with the Fed cutting rates? 2 big pros and cons American homeowners must know
After cutting its benchmark interest rate by a quarter point in September, the Federal Reserve is widely expected to implement two more cuts by year’s end, according to CNBC. [1] While this signals relief for many borrowers, mortgage rates remain high. As of the first week of October, the average 30-year fixed mortgage rate was […]
Here are 4 top overseas havens where US retirees can live rich on Social Security — is time to start planning your escape?
Common retirement fears — like higher taxes, inflation, and outliving savings — often share a single root cause: the high cost of living. If you could significantly reduce your living expenses in retirement, many of these concerns would diminish — and you might even be able to retire with a smaller nest egg than expected. […]
Think you’re safe? Canadians lose millions to credit card errors — here’s how to fight back
I have a confession to make. I’m among that rare breed of credit card user that you’ve heard about but never really believed exists. That’s right: I’m a credit card statement confirmer. Every time I get a credit card statement, I dig out the receipts I carefully put aside each month and check each and […]
Labubus are causing a collector frenzy, as 1 rare doll sells for $150K. But can the hype hold or will the plushie soon go the way of the Beanie Baby?
Collecting stuffed toys isn’t exactly groundbreaking. But if you’ve noticed a mischievous little elf-monster dangling from someone’s handbag or even a scuffle breaking out in the toy aisle, you’ve probably crossed paths with the Labubu — this season’s unlikeliest It item. Just ask Manna Wang, a Hong Kong insurance agent who went so far as […]
Americans’ spending in this 1 key area has dropped for 3 months straight — that hasn’t happened since 2008. But 1 group is still throwing money around
For the first time since the dawn of the Great Recession, American consumers are tapping the brakes on a key category of spending. According to the July 2025 Bank of America Consumer Checkpoint report, data shows shifting habits and a significant decline in spending. It marks the third consecutive monthly drop in services spending — […]
This IT company just laid off 11,000 employees who couldn’t be reskilled on AI. Should you be worried about losing your job to a computer?
Accenture just delivered a jolt to white-collar workers everywhere. The global IT and consulting giant announced more than 11,000 job cuts tied to an $865 million “reinvention” effort. (1) Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don’t have to deal with […]
My wife and I just had our first baby — and now she wants to quit her $70K job to stay at home with him. But can we afford to lose her income?
Juggling a job, a household and a baby has always been tough, but for many parents, the pull of staying home to spend quality time with a little one makes it even tougher. Imagine Max and Emily, a millennial couple in their early 30s who recently welcomed a beautiful baby boy into their lives and […]
Here are the top 7 ‘stay rich’ tips once your retirement portfolio hits $2.5M — and the best way to reach it if you’re way behind. Are you there yet?
If your retirement portfolio exceeds $2.5 million, you’re among the top 8% of American households, according to the latest Survey of Consumer Finances. You’re also well above the “magic” retirement savings target of $1.26 million for most Americans, as estimated by Northwestern Mutual. In other words, you’re in a strong position to enjoy a financially […]
US gets hit with another credit downgrade — agency warns of ‘sustained deterioration’ of finances and ‘weakening’ governance. What you need to know
This article adheres to strict editorial standards. Some or all links may be monetized. It wasn’t that long ago that Moody’s knocked America’s sovereign credit rating down a peg — and now, the U.S. is taking another hit to its credit score. This time, it’s Scope Ratings sounding the alarm, warning that Uncle Sam’s financial […]
I paid my mom $200K to buy my late grandma’s home from her — but then realized it left us with no proof it’s actually mine. How do we make it legit?
For most people who dream of inheriting real estate, it will probably remain a dream. It’s only a reality for 2 to 7% of Americans, according to Federal Reserve data. (1) But if you’re among the lucky few to inherit a home, there are legal and tax implications. Things get more complicated if the heir […]