Category: personal finance

How Reading The Fine Print and Terms of Service Can Save Money

As consumers, we often ignore reading the terms and conditions. From booking airline tickets, taking out insurance, or even a simple purchase from your favorite clothing store; reading the fine print is not something we tend to spend a lot of time on. Yet, we live in this hyper-digital world, where all our information and…


Building Blocks for Hitting Your Retirement Sweet Spot

Many retirees, and some on the cusp of entering their Golden years, may hear someone talking about our “Magic Number.” This post concerns the myths and realities of a retirement “Magic Number.” First, we’ll explore what “the number” is and how various analysts propose different sets of numbers to represent it. Crucially, we’ll explore why (and how)…


What’s Happening With Farmers and Food Prices

Civilization has long depended on farmers to bring food to the table, but that’s not all farmers provide. Many people want farmers to grow crops like soybeans, to contribute to environmentally friendly plastics, fuels, etc. But with harsh weather conditions, high fuel prices, and increased fertilizer costs, farmers find it more difficult to deliver. When…


Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 9)

Benchmark U.S. crude oil for October delivery rose $3.25 to $86.79 a barrel Friday. Brent crude for November delivery rose $3.69 to $92.84 a barrel. Wholesale gasoline for October delivery rose 8 cents to $2.43 a gallon. October heating oil rose 4 cents to $3.58 a gallon. October natural gas rose 8 cents to $8…


How Major US Stock Indexes Fared Friday Sept. 9, 2022

Stocks closed broadly higher on Wall Street, breaking a three-week losing streak. The benchmark S&P 500 index rose 1.5 percent on Friday, but is still well below where it was in mid-August. Big gains for technology companies pushed the Nasdaq composite even higher. The Dow Jones Industrial Average also climbed, as did small-company stocks. All…


Are Airbnbs More Cost-Effective Than Hotels?

Remember the days when one of the best money-saving travel tips was booking an Airbnb versus a hotel? Not only were nightly rates almost always far cheaper, but the Airbnbs and hosts themselves often shaped up to be the most memorable aspects of a trip. These days, staying at an Airbnb rarely involves big savings…


US Weekly Jobless Claims Fall to a Three-Month Low

The amount of Americans filing for unemployment claims decreased, for the first time, last week, to a three-month low, according to the Labor Department on Sept. 8. The continued growth in the U.S. labor market is relief for some analysts after U.S. gross domestic product (GDP) contracted in the first half of 2022, after initial fears…


Best Retirement Plans–Broken Down By Rankings

There was a time when workers could depend on an employee pension plan and Social Security to cover their retirement expenses. ‌Nowadays, pensions are ‌scarce. And, the future of Social Security is murky at best. Maybe this is why one in four Americans haven’t saved anything for retirement. And, those that did, aren’t saving enough. But, it doesn’t have to be this…


How Major US Stock Indexes Fared Thursday Sept. 8, 2022

The stock market recovered from a midday stumble and ended higher, staying on track for its first weekly gain in four weeks. The S&P 500 rose 0.7 percent Thursday. The Nasdaq composite and the Dow Jones Industrial average also ended higher after bumpy rides of their own. Interest rate policies were in focus as the…


Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 8)

Benchmark U.S. crude oil for October delivery rose $1.60 to $83.54 a barrel Thursday. Brent crude for November delivery rose $1.15 to $89.15 a barrel. Wholesale gasoline for October delivery rose 4 cents to $2.35 a gallon. October heating oil fell 5 cents to $3.54 a gallon. October natural gas rose 8 cents to $7.92…