Inflation

Minnesota Governor and US Vice Presidential candidate Tim Walz's early retirement funds withdrawal could severely impact his retirement portfolio's compounding growth rate and attract taxes and penalties on the amount.

Alyse Benoit repaid all her debt and tripled her savings every month with the help of her kids. She cuts back on food and subscriptions, shares profits with the kids, repays credit card balances weekly, and aggressively shops for the best deals.

Blackstone has aggressively expanded its real estate empire since 2021, owning 350,000 rental units while fighting rent control measures and allegedly using rent-fixing software that is being probed for financially impacting millions of renters.

Americans increasingly value time over money as the definition of wealth for younger generations rapidly shifts to spending more time with friends and family.

A mother added her daughter as an authorised user to her credit card, opened nine accounts in her name, and racked up $30,000 in debt. She urged the daughter to take down the police complaint and be grateful for letting her go to college.

An international student in London reveals the harsh reality of financial struggles and social isolation, admitting she's "too poor to hang out with friends" due to the city's high cost of living.

The Capital on Tap business credit card charges no annual or forex/ATM fees, offers a 42-day interest-free period, APRs starting at 15.22%, and 1% cashback on all business spending.

Elizabeth's impulsive spending habits have kept her family poor for over a decade. She continues splashing money on clothes and using buy-no-pay-later apps for all expenses.

Millionaire author Ramit Sethi shared his detailed retirement strategy of diversifying investments in often-overlooked retirement accounts to help protect investments and capital gains from taxes, inflation, and market volatility.

George Kamel warns homebuyers against falling into the trap of assumable mortgages, which often lead to high upfront payments, long closing times, and a lot of paperwork.

A recent survey reveals that 61% of U.S. workers fear retirement more than death, with 64% finding it scarier than divorce due to concerns about financial insecurity and insufficient savings.

A Canada-based salesman is struggling with $12,000 in monthly costs, led by over $7,000 in mortgage payments, which is alone 60% of his take-home pay. Experts advise him to sell his cars, house, or rent until his debt is repaid.

More UK homeowners seek financial assistance from charities and lenders as their fixed-rate mortgage deals end this year. The new, higher rates are expected to hike payments by an average of £1,800 annually, raising risks of defaults and more outstanding balances with arrears.

A bride's extravagant demands have gone viral after she asked her bridesmaid to take out a $20,000 loan to cover lavish wedding expenses, sparking widespread outrage online.

The average UK credit card APR has increased significantly since early 2023 as part of the BoE's broader interest-hike campaign to curb inflation. This has weighed on household budgets as more outstanding debt balances slip into delinquencies.

The trash and dumpster cleaning services industry benefits from intrinsic factors like a growing population, densely populated areas, and environmentally conscious consumers and lawmakers calling for sustainable practices.

Buffett invested heavily in the Class A shares of Heico Corporation, which continues to post record net sales and income growth while returning value to investors via cash dividend hikes.

Burry reduced Scion Asset Management's portfolio size by almost half in Q2 to just over $50 million as part of a reshuffling that involves investments in healthcare and China's tech firms.

A recent study shows that US nationals believe former President Donald Trump would manage their finances better than Vice President Kamala Harris.

By raising the thresholds that define the middle class, inflation has taken its toll on middle-class US households in particular.

During Redfin's Q2 earnings call, CEO Glenn Kelman said he is surprised about the muted real estate market activity despite mortgage rates consistently declining in recent months.

A Portland couple earning $250K annually struggles to find an affordable home while avoiding becoming "house poor," highlighting the growing challenge of following the outdated 30% income rule amid rising housing costs.

Best-selling author Jen Glantz had her retirement portfolio reviewed by a financial planner, who found it lacked tax diversification, passive income streams, and timely contributions to retirement accounts.

More startups are fundraising on StartEngine, as non-accredited investors on the platform can gain exposure to these pre-IPO companies, which was limited to the financial elites due to the high capital entry barrier.

As economic worries grow, Americans increasingly choose better retirement benefits over bigger paychecks, showing a change in what they want from their jobs.

Equity fund manager and investor Grant Cardone explained that a million dollars would make you rich in 1960, not today, as the value of the greenback has dropped steeply over the decades.

These US cities are paying workers to relocate to the area to boost their economy. And, due to rising inflation and unchanging mortgage rates, it's working.

Gold prices hover near record highs as disappointing tech earnings, growing Israel-Iran tensions, and signs of weakness in the US economy stirred volatility in global stock markets.

Intel will deploy over a $10 billion cost-cutting plan to strengthen its balance sheet and accelerate plans for AI chips and the foundry business.

Bill Perkins doesn't plan on leaving anything to his two children as an inheritance, believing that giving them money earlier in life can have a meaningful impact.