When Alex walked into the garage after work two years ago, he didn’t expect a confession that would rock both his marriage and the family’s finances. His wife, Jackie, a 33-year-old stay-at-home mother of four from North Dakota, told him she secretly spent $5,000 to $6,000 on a Tony Robbins-brand coaching program for their savings … Read more
Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. President Donald Trump says the U.S. is on the brink of something “this country has never seen” — and his much-debated tariff policy deserves credit. Speaking at a White House Christmas reception, Trump argued that tariffs are … Read more
Johannes Eisele/Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. Warren Buffett, the Oracle of Omaha, has long advocated a low-and-slow approach to investing, focusing on low-risk index funds. Buffett, who is worth about $150 billion (1) and is set to retire at the end of … Read more
A Connecticut nonprofit has spent months preparing nearly 2,000 care packages filled with toiletries, snacks and handwritten cards for U.S. troops stationed overseas. Volunteers gathered at a local high school in mid-November to wrap everything in Christmas paper before shipping 1,139 boxes to service members in more than a dozen countries. Then 884 of them … Read more
Rochanne Douglas thought she was helping someone in need when she accepted a 32-day Airbnb reservation in February. Almost a year later, she was locked out of her own home, paying thousands in legal fees and mortgage payments on a property she couldn’t even get into. “This is taking me somewhere I’m not trying to … Read more
Rawpixel/Envato Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. Consumer confidence fell sharply in November, falling to its lowest point since April, when concern about President Trump’s tariffs fueled economic anxiety (1). Possibly as a result, the Americans pulled back on spending. A delayed report from the … Read more
Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. For many retirees, the holiday season is the perfect time to give back. And there’s an IRS-approved trick that can make your generosity go even further. A qualified charitable distribution, or QCD, is a direct donation from your IRA … Read more
As of 2024, the average American had a net worth of $620,654, according to a recent UBS Global Wealth Report. (1) But if that number sounds surprisingly high and disconnected from your lived experience, there’s a reason for that. Means are calculated by taking a total amount and dividing it by the number of individuals … Read more
Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. Working Americans will soon see a sizable financial boost — all thanks to changes in President Donald Trump’s “One Big Beautiful Bill,” according to Treasury Secretary Scott Bessent. Speaking to a Pennsylvania reporter on Dec. 10, Bessent … Read more
ArtemVarnitsin / Envato Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. For many Americans, retirement isn’t just about getting by, it’s about living comfortably and maintaining a middle-class lifestyle. Earning $12,000 a month ($144,000 a year) in passive income, for example, could make this possible, covering day-to-day … Read more