Category: personal finance

The Savings Game: Advice on Medicare Options, and Other Reader Questions

By Elliot Raphaelson Q: I am considering several options regarding Medicare Advantage plans and Medigap plans. How can I receive unbiased advice? A: One source you can consider is using the services of a State Health Insurance Assistance Program (SHIP) volunteer. Each state has a SHIP chapter and can provide a volunteer, at no cost,…


Former IRS Whisteblower Says Middle Class Americans Will Be Targeted Under Inflation Reduction Act

A former Internal Revenue Service (IRS) whistleblower has said that the Democrats’ Inflation Reduction Act (IRA) will see the government target middle-income Americans with increased scrutiny and audits. William Henck previously worked as a lawyer for the IRS for 20 years until 2017, when he was terminated for allegedly revealing sensitive information to the media about how the IRS had reportedly…


Former IRS Whistleblower Says Middle Class Americans Will Be Targeted Under Inflation Reduction Act

A former Internal Revenue Service (IRS) whistleblower has said that the Democrats’ Inflation Reduction Act (IRA) will see the government target middle-income Americans with increased scrutiny and audits. William Henck previously worked as a lawyer for the IRS for 20 years until 2017, when he was terminated for allegedly revealing sensitive information to the media about how the IRS had reportedly…


How Did Apple Succeed? This Legendary Co-Founder Says the Best Things He Did Were the Result of No Money and Limited (If Any) Experience

By Jeff Haden, From Inc. In 1977, Steve Wozniak worked for Hewlett-Packard. It was his dream job. “It’s my job for life,” he once said. But that didn’t stop him from exploring other pursuits: In what might be the most impactful side hustle of all time, Wozniak spent nights and weekends designing all—yes, all—the hardware and software for what became…


How Major US Stock Indexes Fared Monday Aug. 15, 2022

Stocks recovered from early losses and ended higher on Wall Street. Investors remain focused on the economy and upcoming reports from retailers this week. The S&P 500 rose 0.4 percent Monday after stumbling in early trading. The Dow Jones Industrial Average and Nasdaq also extended last week’s gains. Oil prices dropped sharply on worries about…


Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 15)

Benchmark U.S. crude oil for September delivery fell $2.68 to $89.41 a barrel Monday. Brent crude for October delivery fell $3.05 to $95.10 a barrel. Wholesale gasoline for September delivery fell 10 cents to $2.95 a gallon. September heating oil fell 8 cents to $3.44 a gallon. September natural gas fell 4 cents to $8.73…


UK House Prices Fall for 1st Time This Year as Market Slows in Summer: Report

House prices in the UK have fallen for the first time in 2022 largely because of seasonal factors rather than wider economic conditions, a property website has said. According to the Rightmove website, the average asking price for UK properties fell by 1.3 percent, or £4,795 ($5,680), in cash terms month-on-month in August to reach…


Don’t Pay Campaign ‘Unlikely’ to Reach 1 Million Target for Energy Bill Boycott: Think Tank

The Head of Public Policy at the Institute for Economic Affairs (IEA), Matthew Lesh, said it is “unlikely” the Don’t Pay energy bill boycott campaign will reach its target of 1 million pledges by Oct. 1. So far more than 107,000 people in Britain have signed up, promising to cancel their energy bill direct debits at…


17 Steady Income Streams You Can Create While in Retirement

Retirees are perfectly positioned to start a successful side hustle. With remote work the new norm, and gig work apps like Uber and Airbnb a part of our everyday life, it has never been easier to secure an extra income stream. Use the skills you have accumulated throughout your career to earn extra cash—or use it as an…


Stop Glamorizing Failure. Rich People Do This Instead

Believe it or not, failure is often a good thing. Doing so tends to teach you much more than when you succeed. It allows you to reevaluate and find ways to be better. When we succeed, it can be harder to motivate yourself to improve—since we’ve gotten the outcome we wanted, anyways. Consequently, all of…