3 Reasons Not to Listen to Robert Kiyosaki
Image source: Getty Images I first read Robert Kiyosaki’s Rich Dad, Poor Dad when I was in my twenties and wanted to know more about how to handle money. I came back to it with a lot more financial knowledge in my thirties and forties. His ideas were a lot more worrisome on the second […]
3 Signs You Shouldn’t Refinance Your Mortgage Before 2025
Image source: The Motley Fool/Upsplash If you’re struggling to keep up with your mortgage payments, or you simply like the idea of being able to spend a little less money on housing each month, then you may be considering a refinance. That allows you to swap your current home loan for a new one with […]
3 Surprising Benefits of a Sam’s Club Membership
Image source: Getty Images If you’re tired of spending a boatload of money on groceries and household essentials, then it could pay to join a warehouse club like Sam’s Club. A basic Club membership at Sam’s Club costs $50 a year, while an upgraded Plus membership offering 2% cash back on purchases costs $110. Plus, […]
3 Important Social Security Changes Coming in 2025 That Retirees Must Know
The Social Security program undergoes several important changes every year to keep benefit payments aligned with inflation and wages. Given that benefits are often the largest source of income for Americans aged 65 and older, it is crucial that retired workers and other recipients stay informed. Doing so can help prevent costly financial mistakes. Read […]
1 Social Security Move Absolutely Everyone Should Make Before 2025
Millions of retirees would struggle to live without Social Security, as the majority of older adults rely on their benefits to make ends meet. Sixty percent of current retirees say they depend on Social Security as a major source of income, a 2024 poll from Gallup found, while an additional 28% say it’s a minor […]
Some Retirees Will Pay More for Medicare in 2024. Here’s How to Know if You’re One of Them.
Millions of older Americans rely on Medicare for healthcare coverage in retirement. But unfortunately, the cost of Medicare is by no means set in stone. Each year, Medicare costs have the potential to rise, and 2025 will be no exception. Here’s what retirees are in for. Image source: Getty Images. Part B is going up […]
Some Workers Will Pay Up to $930 More in Social Security Taxes in 2025. Here’s Why You Shouldn’t Worry.
Social Security beneficiaries will get a 2.5% cost-of-living adjustment (COLA) in January, raising the average monthly check from $1.927 per month to $1,976. But that’s not the only change coming in 2025. Social Security increases several other numbers annually, based on inflation data, and they don’t just affect retirees. Workers may notice some changes next […]