Social Security’s 2025 COLA Is Official: Retirees in These 10 States Will Get the Biggest Raises
It’s official: Social Security benefits will receive a 2.5% cost-of-living adjustment (COLA) in 2025, the smallest percent increase in payments since 2021. That means the average retired worker will receive an additional $49 per month, such that the average monthly benefit increases to $1,967. Importantly, Social Security’s annual COLAs protect the buying power of benefits […]
Save up to $50 With These Gift Card Deals From Costco
Image source: The Motley Fool/Upsplash Many shoppers join warehouse clubs like Costco to save money when buying groceries, household essentials, toiletries, electronics, and clothes. But there are other ways to save at Costco — including buying discounted gift cards. If you’re a member, check to see if you can keep more money in your checking […]
The Best and Worst Times to Shop at Costco
Image source: Getty Images Between the deals and the bulk discounts, it’s easy to save money at Costco. But all the savings in the world are not enough to make a Costco warehouse tolerable when it’s packed with a sea of oversized carts jousting for free sample access. If you’re tired of battling the crowds, […]
Here’s How You Can Afford to Fly Business Class
Image source: Getty Images I would always fly in business class if I had an endless supply of money in my checking account. But that’s not the case. So, I take advantage of low-cost ways to fly in a premium seat when I get the opportunity. I’ve been lucky enough to fly in business class […]
Social Security’s 2025 Cost-of-Living Adjustment (COLA) Will Boost the Average Spousal Benefit — but It Probably Won’t Be a Huge Difference-Maker
Social Security’s 2025 cost-of-living adjustment (COLA) came in at just 2.5% — the lowest COLA since 2021. This is no surprise to those who have watched inflation steadily cool throughout the year. But it doesn’t change the reality that many seniors will find themselves shouldering more of the financial burden in 2025. Those who rely […]
Don’t Risk Losing Your Costco Membership — Avoid These 3 Mistakes
Image source: Upsplash/The Motley Fool One of the best steps you can take to save money on groceries and everyday essentials is to join Costco. The warehouse club giant is known for its competitive prices on items like bulk food, paper products, cleaning supplies, and more. Plus, as a member, not only can you maximize […]
3 Essential 401(k) Moves to Make in October
At this point of the year, a lot of people are counting down to Halloween and starting to firm up plans for Thanksgiving. Year-end financial planning may not quite be on your radar. But that doesn’t mean you shouldn’t do it, especially in the context of your 401(k) plan. Here are a few key moves […]
Craving a Cheap Airfare Upgrade? Give This Strategy a Try
Image source: Upsplash/The Motley Fool You might assume that the only way to get a flight upgrade is by shelling out a lot of money. But believe it or not, you don’t need to be super rich or an elite flyer to get an airfare upgrade. A cheap seat upgrade may be available through your […]
The Lesser-Known Reason Costco Installed New Membership Card Scanners in Stores
Image source: Upsplash/The Motley Fool It’s not unusual for stores to make changes to policies and practices over time. And Costco is no exception. In recent months, Costco has taken to installing membership card scanners at the front of its stores. And the general consensus is that Costco’s goal in doing so is to put […]
Social Security’s 2025 COLA is a Good News, Bad News Situation
Social Security retirees got some good news recently. In an October 10 announcement from the Social Security Administration, seniors were informed they’ll be receiving a cost of living adjustment (COLA). This means that, starting in 2025, their benefit checks are going to be bigger. While a raise is undeniably a good thing for seniors, there’s […]
