Some people who wanted to improve their lives and careers through coaching found themselves trapped in what they described as a pyramid scheme.
Category: Personal Finances
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How a Retirement Withdrawal Can Lead to a Perjury Conviction
A prominent lawyer was recently sentenced to home confinement for falsely claiming hardship to withdraw funds. How desperate must you be to take money out?
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Alzheimer’s Takes a Financial Toll Long Before Diagnosis, Study Finds
New research shows that people who develop dementia often begin falling behind on bills years earlier.
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‘Buy Now, Pay Later’ Borrowers Get More Safeguards With New Rule
Shoppers who use the popular installment loans will be guaranteed some of the same consumer protections that traditional credit cards provide.
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Interest on Federal Student Loans Is Rising to 6.53%
The rate for undergraduate loans is up from 5.5 percent this past school year and higher than it has been in more than a decade.
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The High-Class Problem That Comes With Home Equity
You may feel richer as you pay your mortgage down and home values go up. Using that equity is another matter entirely.
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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.
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FSA vs. HSA: What to Know About the Accounts to Pay Medical Costs
Flexible spending accounts and health savings accounts both have tax benefits, but both may also have drawbacks, two reports found.
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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.