Why So Many 55+ People Are Going Bankrupt and How to Bounce Back

The number of people 55 and older filing bankruptcies has skyrocketed since 1991, and that’s even more true for those 65 and older. Bankruptcy can offer a fresh start if you’ve fallen on tough times and are unable to pay your bills. Once you file bankr… Continue reading

Why So Many 55+ People Are Going Bankrupt and How to Bounce Back

The number of people 55 and older filing bankruptcies has skyrocketed since 1991, and that’s even more true for those 65 and older. Bankruptcy can offer a fresh start if you’ve fallen on tough times and are unable to pay your bills. Once you file bankr… Continue reading

Should You Get a Second Mortgage to Pay for College?

Julie (who prefers to use a pseudonym for this story), 54, wants to get her daughter through college without incurring any student loans for the $30,000 annual tuition. So, she helped fund her daughter’s freshman year by taking out a kind of second mor… Continue reading

Should You Stop Saving for Retirement to Get Out of Debt?

Should you save for retirement or get out of debt? It depends on your circumstances. Money Girl answers a listener question and provides a five-step guide to help you prioritize your precious financial resources. Continue reading

Uncovering deception in real estate tech fundraising

The best practice — and the most transparent — is talking about equity as equity, debt as debt, and not inflating the headline number by combining the two. Continue reading

The 3 Big Financial Pain Points of Americans

If you look only at the nation’s low, 3.7% unemployment rate, it would be easy to assume that the economy’s humming and that Americans are feeling great about their finances. But after reviewing five recent notable surveys, I believe many people are ac… Continue reading