4 Excuses People Have for Not Investing — and Why They Don’t Hold Up

Its no secret that investing is one of the best ways to grow wealth. Were talking about real wealth not the measly returns youd get from a savings account. If you really want to grow your money, you need the kind of returns youll get from investing. Of course we all know this. But a lot of us have things holding us back. Maybe we dont know how to get started....

February 23, 2022 · 3 min · 530 words · Deborah White

Dear Penny: My Rich Girlfriend Expects a Man to Pay for Everything

She is divorced and has no kids at home. Her dad was a doctor, so I am sure the amount was comfortable. I am still working in my 60s, which is my choice. I do 75% of the trips, which is around 150 miles round trip. I also pay for all the meals, outside entertainment, etc. I dont expect her to contribute toward any household bills, and neither does she....

February 23, 2022 · 3 min · 450 words · Antonio Miller

Do You Have to Be a Millionaire to Retire Comfortably? We Don’t Think So. Here’s How

Being a millionaire isnt everything. Currently being a millionaire? Start now with these smart financial moves that can grow your wealth and have you retiring in style. Make Smart, Strategic Investments The stock market averages about 7% growth each year. And while it does have its ups and downs, over time, it tends to go up. Which is why investing is such an important part of building up a retirement fund....

February 22, 2022 · 2 min · 345 words · Thomas Harvey

What Are Fractional Shares and Where to Buy Them

You may have wondered: Is this legit? A whole share of Google parent company Alphabet costs over $2,900 as of December 2021. Amazons share price is more than $3,500. Ready to invest but don’t have a huge amount to start with? Learn abouthow micro-investing worksandthe best apps to use. The concept is known as fractional shares, and its a game-changer forbeginning investors. What Are Fractional Shares? A fractional share is a fraction of a stock, just as the name suggests....

February 22, 2022 · 4 min · 729 words · Jeffrey Moss

What Is a Tax Credit and How It’s Different From a Tax Deduction

The silver lining of filing a tax return is the potential promise of a refund. So whats the difference between a tax credit and a tax deduction and which is better? It is a direct reduction in your total tax bill. Not sure what tax bracket you fall into? Our guide explains thetax brackets for 2022. Tax deductionsreduce the total amount of your income that is subject to taxation. 7 Ways to Make Money if You Hate People Do you avoid people too?...

February 22, 2022 · 2 min · 370 words · Lisa Nash

Dear Penny: Should I Forgive the $28K My Bankrupt Parents Owe Me?

Theyve repaid $4,000, but nothing since the second loan was made. My parents had just finalized a bankruptcy less than a year before the loans. I know that income has been inconsistent for them. My dad is 73 near full retirement, and my mom is 57 working hourly part time. Now heres the twist: I dont need to be repaid. So I was wondering if there was some way to give a financial Thanks!...

February 20, 2022 · 2 min · 363 words · Richard King

What Kind of Lawyer Do I Need to Hire?

There are more than 1 million lawyers in the United States practicing dozens of specialties. Those specialties range from criminal law to family law, medical malpractice to personal injury law. Because there are so many different types of lawyers answering the question What kind of lawyer do I need? Getty Images must be followed with, Whats the problem? The lawyer or law firm specialty needs to dovetail with what you need representation for....

February 19, 2022 · 4 min · 649 words · Daniel Wilson

The Financial Advice Your Parents Gave You Is… Outdated. Here’s What to Do Instead

Just go and deliver your resume in person. Get out there and shake some hands, why dont ya! Weve all heard these financial pearls of wisdom from our parents (and not always because we asked). Despite their best intentions, a lot of these tips from our elders are, well… outdated. To say the least. That was a long time ago, though. Most colleges tuitions have easily doubled or tripled since the 1980s and 90s....

February 18, 2022 · 2 min · 389 words · Jill Rodriguez

Here’s What Financial Freedom Really Means — and 6 Steps to Get There

Whatever your vision of financial freedom is, weve compiled the steps that can help you get there. Our team has compiled alist of creative waysyou can fatten your bank account this week. This is a long list, so dont get overwhelmed. Go ahead and start now, but be sure to bookmark this post so you could easily return later. Well keep it updated as offers changes or expire. When it comes to your credit score, its important to stay organized and keep tabs on it....

February 17, 2022 · 3 min · 478 words · John Lucas

Dear Penny: What’s the Proper Courtroom Etiquette if I Evict My Daughter?

Real Answers for Life’s Money Challenges I am planning to evict/eject my adult daughter if nothing changes. Im wondering about the etiquette for such a court hearing. If its at a physical court, would it be wrong for us to walk in together? If its virtual, should we be in the same room? Should I look at her during the hearing? If she starts crying, should I turn away? Once the court orders my daughter to leave, do I have a window in which to enforce that?...

February 16, 2022 · 3 min · 497 words · Matthew Watkins

Do You Have Opinions About Politics? Cost of Living? TikTok? Here’s How to Get Paid for Them

Are your friends and family tired of hearing your opinions oneverythingunder the sun? (Seriously, Uncle Mike, can we ever have a peaceful family dinner?) A website calledYouGov Americawill do more than just listen to your opinions it will pay you for sharing them. Make Your Voice Heard On Yahoo! Major outlets like Reuters and Yahoo News have a field day with findings like these. No Interest Til Almost 2027? To get started, youllanswer some questionsabout your household and beliefs....

February 15, 2022 · 1 min · 188 words · James Malone

6 Proactive Ways to Pad Your Bank Account — Just in Case 2023 Goes Sideways

So, you thought 2021 was bad? OK, were kidding. Obviously, 2023 should turn out way better than 2022 did, right? Theres no way it could be worse, right? Maybe yet another COVID mutation shows up. Maybe the economy crashes again. Maybe our weird politics get even weirder. Maybe aliens land in Times Square. Our team has compiled alist of creative waysyou can fatten your bank account this week. This is a long list, so dont get overwhelmed....

February 14, 2022 · 4 min · 730 words · Mrs. Kristen Wilson PhD

Dear Penny: Should I Pay My Boyfriend’s Bills if I Only Visit on Weekends?

I live about an hours drive from him, so I really only spend the weekends with him. I feel that he is not acknowledging my contributions in any way. So how should I handle this situation? Ask him to reimburse you for transportation at the IRS standard mileage rate. Better yet, you could not visit your boyfriend this weekend. Or the weekend after that. At most, hell free up a few bucks in hisbudgetif youre not there using his utilities....

February 13, 2022 · 2 min · 396 words · Matthew Nelson