Personal Finance

The housing market is turbocharged these days because of a shortage of homes for sale is leading to heavy competition between home buyers. That keeps pushing home prices higher and higher. If you’re looking to buy a home, you better…

1. The Sting of Inflation Prices in 2021 rose at the fastest pace in nearly 40 years, and inflation looks like it’s going to be Americans’ biggest economic challenge in 2022. Consumer demand, supply chain problems and the spread of…

Millions of people use 401(k) accounts to save for retirement each year. These tax-advantaged savings accounts invest your money in long-term mutual funds, stocks, bonds and other securities to grow your nest egg over time. But there’s a catch: You…

Anytime a letter bearing the seal of the Social Security Administration arrives, James feels afraid to open it. A 34-year-old with cerebral palsy, he depends on Social Security disability benefits for the majority of his income. The benefits cover his…

Spending 10 more minutes at work probably won’t have a significant impact on your finances, but using that break-sized amount of time elsewhere just might. Sure, some of the tasks listed here are one-offs, while others may need to be…

The only constant in our world is change, right? And the financial world is no exception. No, we’re not talking about a shake-up on the executive floor of the JP Morgan building in Manhattan — but there are day-to-day changes…

With rising rents and housing costs, people all over the United States are being priced out of the cities they once called home. In 2021, rents jumped up by 20 to 30% in cities ranging from Phoenix to Boise to…

Dear Penny, College was a struggle for me. As a student with a learning disability, I struggled and school took longer. When I graduated with my master’s of arts in 2008, the economy collapsed, and we went into survival mode. …

A major student loan servicing company has reached a settlement that will cancel $1.7 billion in student loan debt for around 66,000 borrowers, as well as provide $95 million in restitution – around $260 each – to 350,000 borrowers. “Today’s…

Congratulations! You finally got that raise you’ve been working toward. The extra money in your bank account is going to help secure your finances and get you closer to your goals… right? Not always. Sometimes the excitement of putting more…