Living

As a record 8.7% increase in the Social Security cost of living begins in 2023, here's what recipients should look for in annual statements

As a record 8.7% increase in the Social Security cost of living begins in 2023, here’s what recipients should look for in annual statements

Catherine Ziegler | Digital vision | Getty Images As inflation kept prices high in 2022, Social Security recipients can expect a record cost-of-living adjustment in 2023. “Your Social Security benefits will increase by 8.7% in 2023 due to an increase in the cost of living,” the Social Security Administration says in the annual statements it …

As a record 8.7% increase in the Social Security cost of living begins in 2023, here’s what recipients should look for in annual statements Read More »

This Brilliant Idea Can Make Everyone Better With Money, Older Americans Say

This Brilliant Idea Can Make Everyone Better With Money, Older Americans Say

Polls consistently show that older Americans regret a lot of things — working too much, choosing the wrong partner, not taking care of their health, and so on. There are also often financial regrets, such as not having saved enough and investing too little for retirement. This last regret has many reasons: everything from the …

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People who are still afraid of catching COVID-19 are costing the US economy billions of dollars

People who are still afraid of catching COVID-19 are costing the US economy billions of dollars

More than two years into the coronavirus pandemic, social distancing is preventing some workers from returning to work. That’s according to this working paper distributed by the National Bureau of Economic Research. Some people are not ready to let their guard down, knowing that COVID-19 has not gone away. Some 13% of American workers say …

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Why are so many people leaving the workforce amid a UK cost of living crisis?

Ssomething strange is happening in the UK labor market. Even as unemployment nears its lowest level since the mid-1970s and businesses across the country struggle to recruit enough staff to fill positions, growing numbers of people are leaving the labor market altogether. work. Rising economic inactivity – when working-age adults are not in and looking …

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Why Wind Power Is Not Living Up To Its Pollution Prevention Potential

Why Wind Power Is Not Living Up To Its Pollution Prevention Potential

Wind power doesn’t clean up as much pollution as it could, especially in communities of color and low-income neighborhoods, new research shows. The wind energy boom in the United States has already generated billions of dollars in health benefits. But the majority of that hasn’t trickled down to the communities that have historically been burdened …

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Is money a weapon to control your spouse?  This financial abuse can destroy your marriage.

Is money a weapon to control your spouse? This financial abuse can destroy your marriage.

Progress has been slow, but American society’s openness to marriage norms and money issues continues to evolve. Married couples now include the LGBTQ+ community and 38% of breadwinners are women. I share this because gender norms are becoming less normal, which actually means no one is immune to the possibility of a spouse using money …

Is money a weapon to control your spouse? This financial abuse can destroy your marriage. Read More »

“Most economists predict a recession in 2023”: I own a rental property.  Is it the right time to take out a bank loan and renovate or should I wait?

“Most economists predict a recession in 2023”: I own a rental property. Is it the right time to take out a bank loan and renovate or should I wait?

Dear MarketWatch, Along with a sibling, I own a 40+ bedroom rental property in the Caribbean, where we do weekly rentals. It is near the city center but needs repairs and renovations. Is it a good time to go to the bank for a renovation loan? We are also open to changing our business model. …

“Most economists predict a recession in 2023”: I own a rental property. Is it the right time to take out a bank loan and renovate or should I wait? Read More »

My wife agreed to vouch for her son's rental without telling me.  His car was seized for non-payment of his loan.  What should I do?

My wife agreed to vouch for her son’s rental without telling me. His car was seized for non-payment of his loan. What should I do?

Dear Quentin, About four days ago I received an email from my wife’s bank saying that someone had requested her login username through a password reset. When I asked my wife about this she said she forgot her username and was trying to get my stepson access to her online portal so he could download …

My wife agreed to vouch for her son’s rental without telling me. His car was seized for non-payment of his loan. What should I do? Read More »

Before living together, couples should be on the same page financially

Before living together, couples should be on the same page financially

While money discussions may not be as important when two people are just dating, once they decide to take the next step, financial discussions before living together – as married partners or no – need to start taking center stage. Yes, some issues are more important to partners than money. But the recent experience of …

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