Once You Hit This Net Worth Number, You'll Be In The Top 10%
According to the Federal Reserve Bank of St. Louis, the top 10% in household wealth in the United States holds 67% of the country's total wealth.
Read MoreByron Armstrong
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Stories By Byron Armstrong
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Unexpected Musical Instruments That Are Worth A Ton Of Money
Musical instruments are invaluable to the person who plays them. Still, they can become collector's items and prove a savvy investment for the future.
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3 Reasons To Break The Rules And Collect Your Social Security Early
While Social Security incentivizes workers to delay claiming benefits, there are scenarios when it makes sense to collect early, even at a reduction.
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Mistakes That Could Cost You Your Social Security Benefits
Nearly 90% of retired Americans aged 65 and older receive Social Security benefits, and for many, it's a significant part (~30%) of their retirement income.
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Reduce Your Taxes On Social Security With This Generous Tip
The Social Security Administration says ~40% of Social Security recipients pay taxes on their benefits. Here's a way to possibly get into the other group.
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13 Clever Tricks To Save You Money At Aldi
Shopping at Aldi offers numerous benefits to budget-conscious shoppers including lower costs than other brands and a forgiving return policy.
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The Age You Should Be Aware Of To Claim Survivor Benefits
Like Social Security, survivor benefits amounts depend on a beneficiary's age. The benefit reaches 100% at full retirement age, but spouses can claim it sooner.
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Here's When The IRS Is Allowed To Garnish Your Social Security
The IRS can garnish wages, but the revenue service can also garnish Social Security. Keep in mind it has 10 years to collect from the assessment date.
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Beloved Children's Books That Are Worth A Ton Of Money
Most can name all-time beloved children's books, but did you ever consider the resale value of such literature? As with any collectible, rarity is a key factor.
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'Ridiculous Expectations': Dave Ramsey Warns Parents To Avoid A Costly Mistake
Dave Ramsey is a proponent of teaching young people financial responsibility early on, and he's against parents giving their kids one particular gift.
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9 AI-Powered Financial Scams To Look Out For In 2024
AI-powered financial scams are an increasing threat as the technology progresses, and therefore, consumers should remain on the lookout.
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These Watches Are Worth A Ton Of Money (And You May Have Them Lying Around)
The worth of a family heirloom watch goes beyond a number. Yet if you do have a watch that's been passed down generations, it could be quite valuable.
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States With The Best Economies In 2024
Considering factors like employment, manufacturing and industry, and overall GDP, these states exceed the pack in economic vitality.
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Reaching This Savings Milestone Is More Significant Than You Realize
According to the Federal Reserve, the median savings for U.S. households is $8,000. While not quite $8K, reaching this milestone is a significant one.
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The Average Person's Net Worth In Their 50s
Everyone's different but looking at the average net worth of people in your age group can give you a new perspective on where you are in your savings.
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5 Brilliant And 5 Not-So-Brilliant Ways To Trick Yourself Into Saving Money
When saving money, little wins can go a long way in keeping you motivated. Unfortunately, less successful approaches can have the opposite effect, too.
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10 Of The Worst Instagram Scams To Beware In 2024
By most counts, Instagram has over 1.4 billion active users. For scammers, the app's popularity provides the ideal place to carry out their fraudulent schemes.
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The High Salaries Of These Blue-Collar Jobs May Surprise You
According to the Social Security Administration, the average salary in the U.S. is $63,795. These blue-collar jobs pay a good deal above that.
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Members Of Congress Who Have Made A Fortune From Stock Trading
We've covered the richest members of Congress, but in this article, we take a closer look at congressional members who've made money on Wall Street.
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The Impact Of Climate Change On Auto Insurance Rates
Like the rising cost of homeowners insurance in states at risk of weather events, car insurance is also affected by the cost of covering weather-related claims.
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Beloved Restaurant Chains Facing Bankruptcy In 2024
2024 has been a rough year for many chain restaurants, with a slew of popular concepts declaring bankruptcy and exploring restructuring.
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Often Overlooked Signs That Someone Close To You Is Struggling Financially
U.S. household debt climbed to $17.8T in Q2 2024. Given this, it's possible someone you know has money problems, though they're doing their best to hide it.
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These 5 States Have The Highest Electricity Bills In America
The average cost of electricity in the U.S. is 16 cents per kilowatt. That said, some states pay much more, with the top state, Hawaii, paying 2.7 times more.
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How Does Your Net Worth Compare To Other People In Your Age Group?
If you're wondering how your net worth compares to people you know, one simple way to figure it out is to look up the median net worth of your age group.
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5 Of The Best Budgeting Apps To Help Manage Your Money
Meeting financial goals requires budgeting, and while people can tackle this on their own, tech can help with streamlining the process and staying on track.
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Celebrities Who Admit To Being Big Sports Gamblers
When PAPSA was struck down by the Supreme Court in 2018, chances are these five celebs were likely in favor of it -- being sports bettors themselves.
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Pay Attention: Tips To Saving Your First $100K
Many financial experts would agree that $100K is a magic number for savings. To get there, it takes budgeting and giving your money a chance to grow.
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