An adjustable rate mortgage seems like a good idea, but when interest rates start to rise, you’re going to regret your choice. This past week, the Federal Reserve raised its benchmark interest rate by three-quarters of a percent.

If you plan your spending in a given month by checking if your balance is zero, you’re missing out on some wealth-building strategies. How much money do you have in your bank account? Obviously that’s a thing that varies over the course of the month. You get paid, balance goes…

People often think only of the per-month cost when determining what they can afford, but that can be an expensive mistake. Can you afford it? It’s a simple question on its face, but the more you dig into it, the more complex it becomes. …

Vacation can be stressful, especially when not everyone has the same impulses when it comes to spending. But you can reduce money conflicts. Traveling can be stressful in lots of ways. …

Mortgage interest rates are rising, but rushing to buy a home before prices rise further will lead only to worse financial challenges. I’ve always thought of homeownership as a kind of train. As renters, you’re running behind it, trying to catch up, and then, when you finally have enough spring…

Many people think that they are investing in cryptocurrencies, but they are wrong, because the very nature of crypto makes this impossible. When it comes to crypto, most people fall into a few categories: “I keep hearing about it, but I still don’t know what it is.” “It’s all a…

When you make a return, many retailers want to refund your money to store credit or a gift card, but here’s why you don’t want to do that. I had to return an item the other day on Amazon. It was just a little USB hub and it was fine…

Hearing of borrowers getting their student loans forgiven can be hard for those who paid all of theirs off, but here’s why it’s good for you. With regularity, there are stories coming out that more and more people are having their student loans forgiven. A recent announcement came out regarding…

The U.S. Treasury has a site called “Treasury Hunt” where you can find out if you have savings bonds in your name (or not). When I was a kid, I remember there was a special on TV called “The Mystery of Al Capone’s Vaults”. It was hosted by a pre-right-wing…