What Has Happened In The Past After An Interest Rate Cut?
On September 18, the Fed cut its benchmark interest rate by a surprising half-point. It was the central bank's first rate reduction since March 2020.
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The 50-Cent Coin That's Worth A Ton Of Money
The U.S. half dollar dates back to 1794, and there have been three different individuals to feature on the coin's obverse. The last change took place in 1964.
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Experts Warn Against Following Tim Walz's Retirement Savings Move, Call It A 'Mistake'
Tim Walz withdrew from his retirement account to help pay for his daughter's college expenses. Here's what the decision meant for the Walzes' savings.
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The Cost Of Battling Wildfires Is More Than You Think
We take a look at the economic costs of wildfires, as well as the consequences (increasingly far-reaching) of climate change-fueled weather disasters.
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Do This In Early Retirement To Boost Your Savings
Depending on your birth year, full retirement age is 66 or 67. And data from the Pew Recent Center finds 19% of people 65 or older are still working today.
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Financial Coach Names The Worst Money Advice From TikTok
It's understandable people want in on financial opportunities, however, following the crowd on social media like TikTok can be a huge money mistake.
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10 Ways Banking Fees Are Costing You
Many common bank fees are avoidable, you just have to know what not to do (like overdraw your account). What you manage to save in return may surprise you.
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States That Tax Social Security Benefits
Since 1984, Social Security income has been subject to federal tax. For taxpayers living in nine states, they also might pay state taxes on their benefits.
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Following This Simple Savings Rule Can Propel Your Net Worth To The Next Level
Building your net worth takes strategy. This strategy helps you chip away debt while saving for the future, using money you didn't (just) have.
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Costco Price Tag Codes You Should Know For The Most Savings
Savvy Costco shoppers know where to look for additional savings, and it's in the price tag. Small changes can mean big savings at the warehouse store.
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How Do Online-Only Banks Work?
Surveys say more than 70% of people prefer banking online than in person. This shift has opened the door for banks that lack any physical location to visit.
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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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Kamala Harris Vs. Donald Trump On The Future Of Social Security
It's important to remember that changes to Social Security come from Congress. The last time the program underwent a major overhaul was 41 years ago.
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Why Warren Buffett Once Told His Daughter, 'Go To The Bank Like Everyone Else'
Warren Buffett has a very specific plan for how his wealth (nearly $144 billion) can do the most good. His three children will help him achieve it.
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A Look At Federal Vs. State (Vs. Local) Minimum Wages
The federal minimum wage has not changed in 15 years. In July 2009, it increased from $6.55 to $7.25. Many states have higher baseline wages today.
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How To End The Year Financially Strong
Finishing the year off financially strong lets you start the new year off in the best possible way. You don't want to carry over anything from the prior year.
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Does The National Debt Actually Affect You And Your Wallet?
The national debt reached $35 trillion in July 2024. But, this is the government's debt, so does it actually affect your wallet? In a way; here's how.
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Even With Social Security, Baby Boomers Are Financially Struggling. Here's The Evidence
For retirees living on a fixed income, with a good percentage of it being from Social Security, there's little left at month's end for the unexpected.
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FBI Reports Financial Losses From Crypto Scams Increased By 45% Last Year
Further, complaints to the FBI's Internet Crime Complaint Center (IC3) demonstrated that crypto scammers are now operating across all scheme categories.
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Social Security Rules That Can Drastically Increase Your Monthly Benefits
Before retirement, it pays to know your options for Social Security. There are certain rules that can make a big difference in how much you get in each check.
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Millionaires Follow This Edgy Investing Rule For The Biggest Payoff
Hear about the next big thing in stocks? Money Digest's Daniel Feininger explains how this investing rule takes those trends, only to do the opposite.
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Retirees In These States Will Receive The Biggest Social Security Increase In 2025
The Social Security Administration will announce the 2025 COLA rate this October. Certain states will see a bigger boost than others; here's why.
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How Lifestyle Inflation Actually Costs You, And What You Can Do To Avoid It
Today, many people who earn six figures are still living paycheck to paycheck. One reason may be lifestyle inflation, which creeps up on you slowly.
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Dave Ramsey Reveals The Age People Should Start Taking Social Security, But There's A Catch
For this strategy, it's important to remember that the full retirement age for Social Security is now age 66 or 67, depending on the year you were born.
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Why Some Americans Will Get An Extra Social Security Payment In November
Specifically, this extra payment concerns recipients of Supplemental Security Income benefits, or SSI. Also, perhaps a better word would be "early."
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Social Security Will Undergo 3 Changes In 2025. How Will It Affect Retirees?
As more U.S. retirees wonder if they'll have enough funds to last their retirement years, any change to Social Security can prove a significant one.
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You're Not Alone: The Amount Of People Behind On Their Retirement Savings Is Staggering
Retirement is fast approaching for many. According to Alliance for Lifetime Income, 11,200 Americans will turn 65 every day in 2024, on through 2027.
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