Robert Kiyosaki warns that US baby boomers face mass homelessness as hyperinflation threatens to liquidate Social Security. The Rich Dad Poor Dad author labels the Federal Reserve a 'criminal organisation' amid rising US stagflation risks. Financial experts fear the US-Iran war will drive oil prices higher despite efforts to open the Strait of Hormuz.
Niloy Chakrabarti
Mar 30, 2026
A new proposal from the CRFB suggests capping Social Security benefits at $50,000 for high-earning retirees to prevent a total system failure by 2032. The move targets the top 0.05% of earners to shield the bottom 90% from an automatic 24% benefit slash. Senior advocacy groups like AARP warn the plan could lead to broader cuts for all Americans.
Niloy Chakrabarti
Mar 26, 2026
Baby Boomers have accumulated tens of trillions of dollars in wealth over the decades, but most of it is held by 10% of households, especially those with college-educated Boomers.
Niloy Chakrabarti
Mar 18, 2026
US living costs are rising, but the purchasing power of a $100 budget is not equal for all states, with Arkansas and Mississippi emerging as more affordable.
Niloy Chakrabarti
Mar 11, 2026
Americans are set to receive bigger tax refunds this year, but they could be delayed for those opting for paper checks as the IRS transitions to fully electronic direct deposit payments.
Niloy Chakrabarti
Mar 11, 2026
Gasoline prices in the US are racing to $4 per gallon, with premiums already over $4, making it important to review monthly fuel costs and budget leaks amid a weak US jobs market.
Niloy Chakrabarti
Mar 10, 2026
Around 30 US lawmakers will reintroduce the SSI Restoration Act to bolster SSI benefits by easing eligibility criteria and expanding the programme across US territories.
Niloy Chakrabarti
Mar 06, 2026
The majority of US tax filers fail to claim the earned income tax credit or the additional child tax credit due to complex eligibility criteria.
Niloy Chakrabarti
Mar 02, 2026
Trump's proposed government-backed 401(k) plan could transform retirement savings for 57 million Americans without employer plans. Learn about the $1,000 annual match and its potential impact on your financial future.
Jim Manzon
Feb 26, 2026
The Trump Account for Kids is a federal savings plan giving American children a $1,000 financial head start. Learn about enrollment, contributions, and benefits for parents and employers to secure your child's financial future.
Michael Toledo
Feb 25, 2026
Tax changes may lead to bigger refunds, but understanding the new rules is important. Filing early doesn't boost refunds.
Niloy Chakrabarti
Feb 02, 2026
Most Americans lag behind their 401(k) savings targets due to inadequate investments, missing out on employer-matching contributions and tax breaks, as well as spending habits.
Niloy Chakrabarti
Feb 02, 2026
A late-stage IRS clarification and new tax relief measures could result in lower tax bills and increased refunds for up to one million filers in 2026.
Akshay Puri
Jan 22, 2026
A new study reveals that while most Americans have savings accounts of various types, many are unaware of the interest rates they earn.
Niloy Chakrabarti
Jan 16, 2026
Dave Ramsey explained how extended warranties are a total rip-off that only benefits the company that sold it to you.
Niloy Chakrabarti
Jan 14, 2026
Billie Young's $15,000 cheque to clear her car loan was forged and altered before being cashed by an unknown party, but Wells Fargo refused to reimburse, citing 'untimely reporting'.
Niloy Chakrabarti
Jan 07, 2026
The US Treasury and the IRS have widened the eligibility for health savings accounts as policymakers debate the future of Affordable Care Act subsidies, which are set to end this year.
Niloy Chakrabarti
Dec 17, 2025
Enhanced tax breaks under US President Donald Trump's One Big Beautiful Bill Act will boost federal income tax refunds next year by several hundred dollars.
Niloy Chakrabarti
Dec 05, 2025
Luke Parkhurst left his well-paid sales job in Houston to move back with his mother in Las Vegas, seeking a simpler, more fulfilling life through household chores and family.
Niloy Chakrabarti
Dec 03, 2025
Trump's custodial accounts offer an early start for retirement savings, but their complex rules require careful planning. Converting to Roth IRAs when beneficiaries turn 18 may be beneficial.
Niloy Chakrabarti
Dec 03, 2025
The IRS has issued guidance on how millions of US workers can claim deductions on cash tips and overtime income for the 2025 tax year, with actual use cases provided.
Niloy Chakrabarti
Nov 26, 2025
Farmers Insurance has applied for a 6.99% rate increase on California homeowner policies and proposes a 22% discount for bundling home and auto coverage, while lifting its policy cap.
Niloy Chakrabarti
Nov 26, 2025
A law allows companies to involuntarily roll over a former worker's 401(k) into an IRA when the balance is between $1,000 and $7,000, potentially impacting long-term growth.
Niloy Chakrabarti
Nov 25, 2025
Financial expert Dave Ramsey explains he prefers investing in high-quality assets that last, rather than buying cheap items that quickly wear out, to secure long-term value.
Niloy Chakrabarti
Nov 25, 2025
Amazon founder Jeff Bezos urges consumers to delay large purchases and advises small businesses to pause capex and acquisitions amid growing fears of an imminent market crash.
Niloy Chakrabarti
Nov 21, 2025
Inflation outpaces wages for middle- and lower-income households since January 2025, pushing more Americans into living paycheck to paycheck, especially among Millennials and Gen X.
Niloy Chakrabarti
Nov 12, 2025
While no nationwide stimulus is confirmed for November, millions in three US states will receive relief cheques this month through targeted programmes.
Niloy Chakrabarti
Nov 11, 2025
Chancellor Rachel Reeves is tipped to target pensioners with a £6 billion tax hike, amid calls for a fairer, more secure state pension payout system for UK retirees.
Will Lorca
Nov 10, 2025
The Trump Administration has ordered US states to claw back SNAP benefits issued in full for November amid the ongoing government shutdown, risking penalties for non-compliance.
Niloy Chakrabarti
Nov 10, 2025
US President Donald Trump indicated that SNAP benefits will not be disbursed until Democrats pass a stopgap funding bill to end the shutdown.
Niloy Chakrabarti
Nov 05, 2025