Saving money is a little bit of an obsession of personal finance and early retirement bloggers. We fill the digital airwaves with wickedly creative “hacks” to save a buck or two with virtually everything we do. Like going out to eat. Or shopping in bulk. Or refusing warranties. Surely, saving money has something to do […]
Money can be a tense subject for couples, with topics such as debt, credit history and attitudes toward handling finances liable to lead to heated arguments. Spouses, who have promised to love and cherish each other, can turn into judgmental and cruel critics when their financial philosophies collide. Still, “most couples feel they are on […]
Almost everyone wants to talk about how busy or tired they are. But speaking about these things isn’t such a good idea. Yet people keep on harping about their full schedules and lack of sleep. That’s because they want to be seen as valuable. They believe that valuable people ostensibly earn more money, fame, and […]
Preston Tedesco comes from a family of real estate developers. His grandfather lent him the money for his first property, which he successfully flipped last year while he was a full-time law student. It made him a profit of $70,000. Looking to make a name for himself in the New Orleans real estate world, the […]
You may have stopped punching the clock at work, but Uncle Sam hasn’t: Retirees still need to pay income taxes. Once older Americans have left the workplace, they may be generating income from a variety of sources, including Social Security, pension payments and withdrawals from various retirement accounts. Instead of having a set amount of […]
As the rules around office attire evolve, it’s important to ensure that your work apparel matches those around you. But keeping up with trends can get pricey. And considering work clothes tend to be pricier than what you might wear on the weekends, figuring out your clothing budget is crucial. The general rule of thumb: […]
Medicare pays for many of the health care costs incurred by older Americans, but it doesn’t cover everything. This creates a financial-planning problem: How much should a person expect to pay in out-of-pocket health-related expenses during retirement? It’s a tough question because there are so many unknowable factors: What medical problems will you face? How […]
You’re 50 years old. Can you still retire a millionaire? Retiring a millionaire is really quite simple but it’s not easy.Otherwise, we’d see millions more people accomplishing this feat. Here is the basic math – to help you see daily, monthly and yearly what it will take to retire a millionaire. Or dream bigger and retire […]
The internet’s hottest new viral hate-read has everything: Unacknowledged privilege! A window into the lives of the young and wealthy! A trip to the Hamptons! A wrap that apparently cost $23! The sentence “I get one Brazilian sugaring a month”! Yes, we’re talking about “A Week In New York City On $25/Hour And $1k Monthly […]
So, can you buy your dream house if you have student loan debt? The common wisdom is bleak: student loans are preventing borrowers everywhere from living The American Dream. It doesn’t have to be that way, however. Here are 8 ways to maximize your chance of buying your dream home — even if you have […]
Shrimp can turn from moist and juicy to rubbery and dry in the blink of an eye over the heat of a grill. While grilling shrimp in their shells can shield them from the coals’ scorching heat, any seasonings you add are stripped off along with the shells when it’s time to eat. For juicy, […]
It’s one of the most common questions financial advisers hear: should I prioritize paying down debt or building up savings? Americans have a cozy relationship with debt — student loans, credit cards and car loans are commonplace. The Federal Reserve said that consumer borrowing rose $24.5 billion in May alone to hit almost $3.9 trillion. […]
