For many older Americans, taxes feel less predictable than they used to. Income drops after retirement, but costs rarely do. Medical bills creep up. Property taxes stay stubborn. Social Security gets taxed in ways most people never expected. That’s why a new $6,000 senior tax deduction is getting attention. On its own, it sounds straightforward….
A retired caller reached out to a popular personal finance radio show with a painful question. She explained that her adult children had cut off contact nearly a decade ago, and now she was struggling with how to handle her estate. She wanted to do the right thing, not out of revenge, but out of…
A 19-year-old called into The Ramsey Show with a situation that immediately raised red flags for the hosts. He explained that his father was demanding $2,800 every month even though they no longer live together. The caller had moved in with his grandfather but continued sending the money because of pressure and fear of damaging…
Consumer behavior shows renewed caution after brief stability. Spending patterns are tightening again. These indicators appear across demographics and regions simultaneously. Here are seven indicators that consumer confidence is slipping again. Increased Savings Rate Despite Low Balances People are prioritizing savings over spending, even when savings remain minimal. The percentage saved increased while actual balances…
I never thought I’d describe myself this way, but lately I keep coming back to the same realization. I think I might be addicted to saving money. Even writing that feels uncomfortable, because saving is supposed to be the good habit, the thing everyone encourages without question. For a long time, putting money away felt…
When your kids leave home, your finances shift fast. Some expenses disappear. Others sneak in without you noticing. This stage gives you more flexibility, but only if you pay attention to how your money flows. Skipping a Budget Reset Your household spending looks different now. Grocery bills drop. School and activity costs disappear. Utilities often…
