I’m 67 years old and retired last year with $680,000 in savings and a paid off house – and in October I was Googling ‘is this all there is’ at 2am because no one tells you that financial security and mental purpose are completely unrelated problems – Silicon Canals

I'm 67 years old and retired last year with $680,000 in savings and a paid off house - and in October I was Googling 'is this all there is' at 2am because no one tells you that financial security and mental purpose are completely unrelated problems - Silicon Canals

I received an email last week from a reader who recently retired. He had done everything right – saved diligently, paid off the mortgage, built a $680,000 nest egg. In October, three months into his retirement, he was Googling “this is all there is” at 2am. His story hit me harder than I expected. Maybe … Read more

‘Doomsday news’ prepares for disaster. Here’s how to survive the financial apocalypse

Ready or Not? Dan Goss, pictured, founder of the website Start Prepping UK, grows his own food and stores essentials in case of financial problems.

As world conflicts escalate and the threat of fuel and other shortages looms large, the so-called ‘preparers’ are beginning to prepare for what may happen. But protecting your finances against unexpected disasters is just as important – and often overlooked. The biggest concerns that can affect our ability to find our money and buy the … Read more

Why building a stable financial life feels so difficult for young Americans

Reuters Affordability Gap event in New York

Mark Kassen, Chi Osse, Carmel Crimmins and Chris Evans at the Reuters Affordability Gap event focusing on Gen Z and millennials, New York City. REUTERS/Eduardo Munoz Inflation raises prices. The job market is patchy. And the lack of affordable housing is putting pressure on finances. Why does creating a stable financial life feel more difficult … Read more

I am a financial expert – these are the money secrets I will teach my daughter

I am a financial expert - these are the money secrets I will teach my daughter

A few weeks ago, my two-year-old daughter broke her leg. An innocent trip from a few steps up resulted in a “baby fracture” – a hairline fracture in his tibia caused by a hard fall – a cast, and several weeks of surgery on him while he recovered. I hadn’t paid much attention to him … Read more

Humphrey Yang Warns That Building Wealth Is Only Half The Battle And These 10 Financial Pitfalls Can Slowly Undo Everything

Humphrey Yang Warns That Building Wealth Is Only Half The Battle And These 10 Financial Pitfalls Can Slowly Undo Everything

Building wealth gets a lot of attention, but maintaining it is where most people quietly fail. In the latest video, the money maker Humphrey Yang he broke down 10 common financial traps that can slowly derail progress, even for high earners doing everything right. One of the biggest dangers that Yang highlights is over-focusing. That’s … Read more

A former financial advisor believes years of mistakes will cost him $750K. Avoid these bad habits to grow your wealth

A former financial advisor believes years of mistakes will cost him $750K. Avoid these bad habits to grow your wealth

The former financial advisor says his costliest mistake wasn’t a bad investment—it was waiting too long on the sidelines. Humphrey Yang, who now shares money advice with millions of people online, recently learned that the seemingly safe habits he had in his 20s and early 30s were costing him a fortune. He said: “For 10 … Read more

Why Dave Ramsey Says $165,000 Home Income Is Not a Financial Problem

Why Dave Ramsey Says a $165,000 Household Income Is Not a Financial Problem

Christopher of Seattle earns $101,000 a year and his wife earns $100,000, putting their family at a combined income of $201,000. He wants to run for state representative, which means quitting his current job and taking a $34,000 pay cut. His wife supports the idea. You’ve almost completed Dave Ramsey’s Baby Step 3, which means … Read more