The Latest Breaking News on Personal Finance

Washington weatherized 7,474 low-income homes, saving $1.4 million and supporting 180 jobs

Washington’s low-income weatherisation programme upgraded 7,474 households between July 2009 and June 2010, with the homes expected to receive about $1.4 million in direct energy savings. According to a report by the Washington Policy Centre, the average weatherised household was estimated to save roughly $189 a year through lower energy…

The Times of India · Sep 21

Built wealth by taking risks? Managing it requires a new mindset

People generally get rich because of concentration, relentless pursuit of one thing, and the confidence to go all-in when most others would hesitate. On the other hand, managing a large pool of existing wealth requires something diametrically opposite— diversification, instead of concentration.

The Economic Times · Sep 21

8 States Where Retirees Keep More of Their Social Security Income

Where you retire can affect how much of your Social Security income ultimately stays in your pocket, even when two retirees receive exactly the same...

Saving Advice · Sep 20

Should You Stop Investing Temporarily to Pay Off Credit Card Debt?

Stopping investment contributions to attack credit card debt can make sense, but pressing pause on every retirement contribution can create a different problem. The decision hinges on what the debt costs, what the investment account provides, and whether an employer match sits in the middle of the equation.

The Free Financial Advisor · Sep 19

After the Fed’s September Hike, Should Retirees Lock In a CD Now?

The Federal Reserve just raised rates for the first time since 2023, but that doesn’t necessarily mean retirees should wait for CD rates to climb....

Saving Advice · Sep 18

What Happens If Social Security Deposits Money After Someone Dies?

Seeing a Social Security deposit appear in a deceased family member’s bank account can create an uncomfortable question: Is that money supposed to be there,...

Saving Advice · Sep 18

Should You Keep $20,000 in Checking? Probably Not — Here’s Where the Money Could Go Instead

Seeing $20,000 sitting in your checking account can feel reassuring, especially when bills, repairs and surprise expenses seem to arrive at the worst possible time. But a large checking account balance can create a different problem: thousands of dollars may be earning little or nothing when they could be working…

Everybody Loves Your Money · Sep 18

Which Debt Should Go First? The Highest Rate Isn’t Always the Whole Answer

Paying off debt sounds simple until several bills land on the same kitchen counter. A credit card carries a high APR, a smaller loan could disappear quickly, and another balance has a promotional rate that will change later.

The Free Financial Advisor · Sep 18

8 Refunds, Rebates And Credits People Forget To Check For

Most people looking to save money focus on cutting future spending, but some cash may already be waiting for them. Forgotten refunds can hide in old accounts, credit-card dashboards, medical bills, insurance policies and purchases you barely remember making. Individually, these amounts may look small, but several overlooked credits can…

Budget and the Bees · Sep 18

Can You Have Too Much Money Sitting in Savings?

Believe it or not, you can have too much money sitting in savings, although there is no universal dollar amount that crosses the line. Cash provides something investments cannot: quick access without worrying about a market drop at the exact moment a bill arrives.

The Free Financial Advisor · Sep 18