Even households making $100,000 are now pulling back on spending and rethinking their expenses. Here’s how inflation is reshaping finances
Tight budgets and stretched wallets are no longer just a problem for lower-income Americans. Inflation is putting pressure on nearly everyone, even households earning six figures. As prices stay stubbornly high, more Americans across different income groups are feeling anxious about their finances and rethinking how they save, spend and plan for the future. Must […]
Home inventory in Florida is declining after 2 years of growth — as demand across the US also slows down. How this could affect buyers and sellers
Real estate inventory in Florida is falling for the first time in two years, according to real estate analysts. As Newsweek reports, new listings in the state have declined year-over-year in every month since May, with decreases of -2% in May and June, -4.8% in July, -6.5% in August and -7.2% in September, according to […]
My husband and I, both 59, have $250K saved for retirement. I thought our plan was solid until I found out my coworker has $700K saved. Was I wrong?
This article adheres to strict editorial standards. Some or all links may be monetized. How much do you really need to be comfortable in retirement? And what do you do if you aren’t even close? Let’s look at a specific situation and break down the numbers. A 59-year-old career nurse and her husband have been […]
After an 86-year-old’s landline went silent, thieves stole $25K. The hijacked phone number scam is fueling a $4.5B crisis, but 1 move can stop it cold
When Joanne’s landline went silent after returning home from the hospital, she assumed it was a simple technical problem. But within weeks, $25,000 disappeared from the 86-year-old’s Wells Fargo savings account. Thieves had pulled off a sophisticated scam that relied on her hijacked phone number and a vulnerability in an old joint bank account. Must […]
Do you know how many Americans retire with the coveted $1 million nest egg? Here’s the surprising answer — and how to catch up if you’re way behind
This article adheres to strict editorial standards. Some or all links may be monetized. Planning for retirement is a long-term financial goal for most Americans, but how many actually reach the coveted seven-figure savings goal? More importantly, how much do you really need? The answer may surprise you. With inflation, the rising cost of living, […]
Better Business Bureau issues warning about ‘ghost tapping’ scam. Here’s why you may not even be aware if you’ve been a victim of this trend
As contactless payments become an integral part of everyday life, a troubling scam dubbed “ghost tapping” is becoming known for exploiting the very convenience it promises. Ghost tapping is a fraud method that targets the “tap-to-pay” feature found on cards and mobile wallets. It involves using near-field communication (NFC) technology, which enables a card or […]
Airbnb rival Sonder files for bankruptcy, giving guests minutes or hours to vacate their rooms. How to get compensation if this happens to you
An abrupt announcement that Airbnb rival Sonder is filing for bankruptcy had a startling effect on the company’s short-term rental guests in November. Some guests were given just 15 minutes to vacate their rooms, with most others given just a day’s notice, CNN reported (1). Must Read Real Estate: Thanks to Jeff Bezos, you can […]
Central Florida ‘wash-out’ dumps 19 inches of rain, flooding homes and roads in this 1 county. Here’s how to prepare before climate disaster hits you
A devastating downpour in central Florida dumped nearly 19 inches of rain in just a few hours this week, washing away roads, flooding homes, and leaving entire neighbourhoods underwater in Lake County, north of Orlando, according to local NBC affiliate WESH 2. The flooding was so severe that parts of Mount Dora and Eustis were […]
Budget 2025 gives Bank of Canada room to steer recovery, explains BoC Governor Tiff Macklem
After months of economic turbulence, the message from Ottawa is one of cautious optimism — from both Parliament Hill and the Bank of Canada. Bank of Canada (BoC) Governor Tiff Macklem told Canadian senators in early November (1) that the country’s economic slowdown “is more than a cyclical downturn — it is also a structural […]
‘Geriatric homebuyers’ are outpacing first-time millennial homebuyers at a concerning rate. What all these older buyers mean for the housing market
The path to homeownership has shifted massively over the past few decades. Suzie Payne told Business Insider that she had pretty much given up on buying a home by the time she was 40 years old (1). Payne was juggling raising a daughter on her own in Portland, Oregon, where home prices were out of […]