American households lost about $6.8 trillion in wealth over the first three quarters of 2022 as the stock market SPX, -0.73% DJIA, -0.90% COMP, -0.70% shed more than 25% of its value, the Federal ...
Tag: Family Finance
Retirees, pay attention – inflation is on the rise
Americans are spending more money because of high inflation — this can be a big problem for older individuals living on a fixed budget. Inflation is at a 40-year-high, at around 7.5% in January, acco...
Worried About Inflation? Check Out This 7% Treasury Savings Bond.
Text size The Treasury Building Chip Somodevilla/Getty Images One of the best deals for savers now are Treasury Series I savings bonds now paying a 7.12% interest rate. The savings bonds, available el...
‘I am watching my inheritance evaporate’: My brother and sister constantly hit our parents up for money. What can I do to stop this?
I am 46 and single. I have a good job and own my own home but live modestly. I have been fortunate not to have had to ask my parents for anything over the years. My brother and sister, by contrast, ha...