It’s a common fear around filing for bankruptcy — that it means you’ll lose your house. While it’s true that can happen, it’s by no means a foregone conclusion. Here’s what you need to know about the impact of bankruptcy on your house. Whether you can keep your house or not will depend on a … Read more
In a new SimplyWise survey, we asked a panel of 60 to 70 year old’s about their knowledge of specific social security rules and identified the four misconceptions that were the most prevalent. Social Security has a massive reach, with an estimated 64 million Americans having received benefits in 2019, according to the Social Security Administration. The impact is … Read more
Have you ever been in a situation where you needed to (or wanted to) make money fast? Like as in yesterday? Your furnace goes out? Or, you get a chance to take an awesome weekend vacation with friends or loved ones? Maybe, you’re just a little short on cash and want to have a cushion … Read more
For many Americans, reaching retirement age doesn’t mean the end of work. In a poll from The Associated Press-NORC Center for Public Affairs Research, 23% of workers said they don’t expect to stop working. Additionally, new stats show that people above the age of 65 are already working at all-time high rates since record keeping began. … Read more
Data is increasingly showing that many Americans, even those in their 50s, have saved little for their retirement. According to research by the nonprofit Economic Policy Institute, among households headed by adults ages 50 to 55, the median retirement savings is only $8,000, according to the Economic Policy Institute. Lack of retirement funds is all … Read more
If you read any list of best side hustles these days, you’re likely to see an entry for delivering food part-time. The days of the local high school kids delivering pizza for gas money are over. With Uber expanding its rideshare concept into food delivery with its Uber Eats business and the growth of other food delivery apps, such … Read more
Let’s be clear. This list isn’t based on any type of scientific poll. The very notion that some group of Americans who I don’t even know could pick better bacon than me is preposterous. I know bacon, people. I eat a lot of it. Too much. I’ve even done some reporting on it, but really, … Read more
Collecting is human nature. The Scottish writer Robert Louis Stevenson wrote, “It is perhaps a more fortunate destiny to have a taste for collecting shells than to be born a millionaire.” But in the age of the internet, why not both? It’s easier than ever to research and source collectibles like rare coins, fine art … Read more
It’s that time of year again, when we see the colors changing all around us. Not the reds, oranges, and yellows of the fall foliage — we’re talking about the explosion of pink ribbons, T-shirts, and merchandise that sprouts up every October for national breast cancer awareness month. Launched in 1985, the month is focused … Read more
Everybody has mixed feelings about Lady Luck. She can be your best friend or your greatest foe. Some people jump at the opportunity to test their luck, while others always play it safe — either when it comes to gambling or when investing in the stock market. A recent survey conducted by MagnifyMoney, a subsidiary of … Read more
If you’re lucky enough to win a car in a sweepstakes or contest, congratulations! You’re likely thrilled to avoid dishing out a great deal of money for a brand new sedan, SUV or truck. But there may be unexpected tax implications that comes with winning a car. While the tax amount will depend on the … Read more
Sales to a business are like rain to spring flowers. Without it, they wither and die. Finding what works to generate sales and earn a profit for your company is essential to your long-term success. In much the same way, performing a break-even analysis to figure out how much product you need to sell to … Read more
America runs on teachers. In 2017, there were some 3.6 million full-time teachers in U.S., according to the National Center for Education Statistics (NCES). 3.2 million of them were public school teachers, serving local communities across the country. According to the NCES, the average salary for a U.S. public school teacher in the 2016-2017 school year was … Read more
Once you’re out of college and living independently, you’ll be making your own choices, including how to handle your money. You’ll have big decisions to make, like how to budget your income, start saving for future money goals and paying back any student loans. While personal finance isn’t a required course at most colleges, there … Read more
If you’re a savvy Amazon shopper, chances are you turn to the site’s customer reviews help you decide what to buy — and what to skip. But what you might not realize is that your fellow shoppers have left some hidden gems on the site that will make you feel like Amazon is giving you something: a … Read more