The Latest Breaking News on Personal Finance

Your Credit Card Has a $30,000 Limit. How Much Should You Actually Be Willing to Spend?

A $30,000 credit card limit can look like a financial green light. The number sits there on the account, practically waving from the screen, and it is easy to confuse “available credit” with “money available to spend.”

The Free Financial Advisor · Aug 30

How to Save for Retirement Amid Social Security Uncertainty: Strategies for Millennials and Gen Z

Social Security may still be part of the retirement picture for younger workers, but it shouldn't be the cornerstone of your strategy. How to adapt.

Kiplinger · Aug 30

Are You Ready to Start Spending in Retirement? 5 Questions for New Retirees

Shifting from saving to spending in retirement requires a new way of thinking. Answer these five questions to find out if you're ready for this next chapter.

Kiplinger · Aug 29

Your Child Has a Disability: Should You Be Saving in a 529, an ABLE Account, or Both?

Parents of a child with a disability often face a savings question that goes well beyond choosing the investment with the best return. You may need money for college or vocational training, but you could also face future costs for transportation, assistive technology, health care, housing, or personal support. A…

Kids Ain't Cheap · Aug 29

You’re 70 and Your Adult Child Wants to Borrow $20,000. What Should You Consider Before Saying Yes?

Your adult child sits down and asks for $20,000. Maybe for a home down payment, a business problem, a divorce, a medical bill, or debt...

Saving Advice · Aug 29

At What Net Worth Does Long-Term Care Insurance Stop Making Sense?

At what net worth does long-term care insurance stop making sense? There is no magic number where an insurance policy suddenly becomes a bad idea, but a growing portfolio can change the math dramatically. Someone with modest retirement savings may need insurance to prevent a prolonged care need from wrecking…

The Free Financial Advisor · Aug 29

I Review Savings Rates Weekly: Here's Why Most People Are Moving Their Cash Into CDs Right Now

While high-yield savings accounts are a smart option for savers, another type of savings account promises higher gains. Here's why you want to lock one in now.

Kiplinger · Aug 29

Did You Get Rich Quick? These 4 Steps Can Help You Stay That Way

Sudden wealth is less about the money and more about the discipline to manage it, so it's critical to pause and plan before making any major financial moves.

Kiplinger · Aug 29

New labour code impact: Rs 8k less take home pay likely for employee with Rs 15 lakh CTC; check the impact on CTCs of Rs 10 lakh, Rs 25 lakh and Rs 50 lakh

New labour codes mandate higher provident fund contributions for employees. This change reduces monthly take-home pay for many salaried individuals. Salaried employees having Rs 15 lakh CTC may get up to Rs 7,928 less net take home pay after new labour code is applied; Know what happens for Rs 10…

The Economic Times · Aug 29

Households could save up to £173 a year by switching to fixed energy deal

Moving tariffs will cushion the blow from the October price cap rise and the increase widely predicted for January

The Guardian - UK · Aug 29