Debt
Latest Debt News
You Have $300,000 in Home Equity and No Plans to Move. So What Is That Money Actually For?
$300,000 of home equity is real wealth, but it isn’t the same as $300,000 in cash. Retirees can preserve it…
Before You Give an Adult Child Access to Your Bank Account, Understand These 5 Alternatives
Helping with finances doesn’t have to mean becoming a joint bank-account owner. Informal help, powers of attorney, trusted contacts and…
What Happens If Your Ex-Spouse Is Still Listed As a Beneficiary When You Die?
Divorce doesn’t automatically remove an ex-spouse from every beneficiary designation. Review retirement accounts, life insurance, and other beneficiary-based assets so…
Your Property Tax Bill Went Up Again. Should You Appeal the Assessment?
A higher property tax bill doesn’t automatically mean your assessment is wrong. Before appealing, check your property record, comparable sales,…
The Medicare Extra Help Program Could Be Worth Thousands — And Some People Still Don’t Know They Qualify
Medicare Extra Help recipients can have a $0 Part D plan premium and deductible in 2026, with covered prescription copays…
You’re 70 and Your Adult Child Wants to Borrow $20,000. What Should You Consider Before Saying Yes?
Before lending an adult child $20,000, retirees should ask whether their own finances could withstand never getting the money back.…
Credit Cards for Newcomers to CanadaWhere to Start Building Credit
How Should Newcomers Choose a Bank? When choosing a bank or credit union for your routine banking needs, take some…
Your Spouse Has Always Handled the Money. Learn These 8 Things Before You Have To
One spouse can handle the household finances without keeping the other in the dark. Both partners should know where the…
Can You Really Live on Social Security Alone? Let’s Build a Budget Around the Average Check
The average retired worker’s Social Security benefit is about $2,071 a month in 2026. After the standard $202.90 Medicare Part…
Retired With $100,000 in the Bank? Make Sure You Understand What FDIC Insurance Actually Covers
FDIC coverage is generally $250,000 per depositor, per insured bank, per ownership category, not $250,000 for every account. Checking, savings,…
