Here are tips on how to dodge some of the most devastating schemes and what to do if you or someone you care about becomes ensnared.
Category: Personal Finances
Scammers Are Targeting Older Americans and Their Retirement Savings
Criminals on the internet are increasingly going after Americans over the age of 60 because they are viewed as having the largest piles of savings.
What Happens to Biden’s Student Loan Repayment Plan After Court Rulings?
More than eight million borrowers are enrolled in the income-driven plan known as SAVE. The Education Department is assessing the rulings.
A Korean Secret to Keeping Friendships Strong: Savings Groups
In South Korea, it’s common for friends to form what are known as gyemoim to save for vacations, meals and other social activities.
How to Create a Strong Financial Plan When You’re Renting Forever
Either by choice or because they are priced out of the market, many people plan to never stop renting. Building wealth without home equity requires a different mind-set.
High Interest Rates Are Hitting Poorer Americans the Hardest
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.
Assumable Mortgages Are Making a Comeback in a High-Rate Market
Assumable mortgages — or low-rate mortgages that home buyers can take over from home sellers — are making a comeback. The process can be challenging.
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.
Counting Inflation, the Stock Market May Have Hit a Peak
Robert Shiller, the Nobel laureate, says valuations adjusted for high inflation suggest stock returns for the next decade are likely to be modest.
In the Markets, a Tug of War Between Big Tech and the Fed
On Wall Street, excitement about A.I. outweighs concern about interest rates. But rocketing stocks could make it tough for the Federal Reserve to cut rates.