Photo by Fotoluminate LLC / Shutterstock.com Seniors with five chronic conditions are especially vulnerable to ending up in the hospital due to exposure to the coronavirus, according to new data from the federal Centers for Medicare & Medicaid Services. CMS says more than 325,000 Original Medicare beneficiaries were diagnosed with …
Read More »Why Your Parents Retired Happier Than You Will
Photo by Aaron Freeman / Money Talks News The world is a different place today than it was for my parents. During their working years, they made less money than I make. Yet they retired at an earlier age, their retirement income was higher, their retirement expenses were lower and …
Read More »You Should Never Buy These 12 Things New
Luis Molinero / Shutterstock.com Some things really are better the second time around. In fact, many used items can be every bit as good as those purchased new. Plus, buying used almost always saves you cash. So, without further ado, following is our list of the top things you should …
Read More »10 of the Greatest Money Hacks of All Time
Sean Locke Photography / Shutterstock.com The legendary American showman P.T. Barnum once said, “Money is a terrible master but an excellent servant.” And the more it can serve us, the better. However, many of us accept our salaries, spending, debts and financial restraints without much thought. With the right tools …
Read More »IRS Makes It Easier to Undo This Type of Retirement Withdrawal
Photo by sirtravelalot / Shutterstock.com The IRS has good news for those who already took a required minimum distribution, or RMD, this year but now are having second thoughts. Earlier this year, passage of the federal Coronavirus Aid, Relief, and Economic Security Act, better known as the CARES Act, gave …
Read More »Make a Small Fortune Reselling Old Clothes From These 10 Brands
Photo by WAYHOME studio / Shutterstock.com The back of your closet may be a money-making machine. With tens of millions out of work and an uncertain future looming, many of us are looking for ways to make a few extra bucks. And selling some of your old clothes may help …
Read More »10 Ways to Reduce Financial Dependence on Your Job
For many people, the two biggest sources of stress and emotional frustration in their lives is their financial situation and their job, and those two frustrations are usually deeply interconnected. I like to call it the “golden handcuffs” — if you’re in a tough financial spot, you are handcuffed to …
Read More »15 Great Amazon Finds You Can Buy for Less Than $5
Photo by Irina Timokhina / Shutterstock.com Many times in life, you get exactly what you pay for. But not always — in fact, you can often get huge value and spend almost nothing at all. Believe it or not, some of the best, most useful products at Amazon don’t have …
Read More »When Will the Economy Recover From Coronavirus?
The coronavirus shutdown plunged the United States into a period of rapid unemployment growth. Many industries and commercial sectors ground to a complete halt and others slowed significantly. As we watch parts of our economy begin to reopen and recover, the question on the minds of many is how long …
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