Personal Finance

Promotions used to be the dream. The corner office, the fancy title and the big paycheck were all part of what was once considered the ideal career path. But nowadays, things are changing. A surprising number of people say, "No, thanks," to promotions their managers think are the ultimate reward....

Elon Musk is painting a clear picture of what he says is ahead if Donald Trump appoints him to lead government efficiency efforts. Musk told voters to expect some "temporary hardship" as he aims to drastically reduce federal spending, a role Trump has floated if re-elected. Musk said cuts would be...

When many people think of a philanthropist, they picture someone older with deep pockets and perhaps a well-established career. But younger generations are shaking up that stereotype. A recent report from Foundation Source reveals that 80% of wealthy Millennials and Gen Zers prefer to be seen as "...

When we look back on the life of Charlie Munger, the late billionaire investor and Warren Buffett's longtime partner at Berkshire Hathaway, it's clear he was a unique figure in the world of investing. Known for his sharp wit and even sharper investing acumen, Munger was a force to be reckoned with...

Starting Jan. 1, 2025, workers earning minimum wage in South Dakota will see a bump in their paychecks. According to The Associated Press (AP), the minimum wage for nontipped workers is set to rise by 30 cents to $11.50 an hour. Tipped workers will see their wages increase to $5.75 an hour. ...

Financial stress is a common concern affecting Americans across all demographics, but recent data from Bankrate show that certain groups feel the weight more than others. Women and Gen X, in particular, experience higher levels of financial anxiety.  A lot of this is driven by rising costs,...

In a recent episode of her Women & Money podcast, financial expert Suze Orman responded to a listener's concerns about gaining her elderly parents' financial trust. The listener, Kim, shared that her parents keep their finances secretive, despite her being their designated financial power of...

Last week, a Reddit user asked a question that resonated with anyone planning for retirement: "My employer matches 15%, better than a pension?"  This user, earning $23.80 per hour with a yearly 3.5% raise, has an employer contributing 15% of their paycheck into a 401(k) plan with just a 3%...

Not every billionaire rolls up in a flashy supercar. Bernard Arnault, head of LVMH (OTC:LVMHF) and currently the fifth richest person in the world, once showed up driving a modest Peugeot 205 GTI at his own company. The result? The security guard at the gate thought it was impossible for someone of...

Radio personality and finance guru Dave Ramsey recently posted a clip on X where a caller, Jim, stated that his church was asking him to cosign a $2.3 million expansion loan. Right off the bat, Ramsey strongly advised against it.  "Well, I'm kind of weird," Ramsey said. "I think churches ought...

Most people have heard of Suze Orman and Dave Ramsey when it comes to financial advice. Their names are synonymous with personal finance tips in the U.S. Ramsey tells people to live debt-free and cut up their credit cards, while Orman urges cautious saving and building an emergency fund. But what...

Homeownership is a cherished part of American society and a cornerstone of the American Dream. With the homeownership rate at 65% within the U.S. and home prices near record highs, the question is: how much house is too much? In other words, at what point is your house too big a portion...

Retirement, ideally a period of relaxation and enjoyment after years of hard work, is often envisioned as a time to pursue hobbies, travel or simply unwind.  But for many, this phase of life is marred by financial worries, transforming what should be a golden era into a source of dread. A...

Whether you’re a newcomer, a seasoned investor, or just curious about the cannabis industry, this guide offers a breakdown of key elements and advanced metrics to help you make informed investment decisions. Understanding these financial statements enables you to read between the lines,...

Chances are you've heard of Robert Kiyosaki, the outspoken personal finance guru famous for his blockbuster book, Rich Dad Poor Dad. Kiyosaki’s contrarian philosophy about money and wealth-building – ideas that fly in the face of conventional wisdom – catapulted him into the financial...