Personal finance

Chip Leighton’s viral ‘teenager texts’ highlight how little some kids know about money. Courtesy: Chip Leighton Chip Leighton knows how funny kids can be. Social media posts by the creator of “The Leighton Show,” which have collectively been seen more than 250 million times, hilariously highlight some of the texts teenagers send their parents. Many

Warren Buffett, chairman and CEO of Berkshire Hathaway Inc Daniel Zuchnik | Contributor | Getty Images Warren Buffett has advice for all parents “whether they are of modest or staggering wealth”: let your kids read your will before you sign it. “Be sure each child understands both the logic for your decisions and the responsibilities

Parents tend to splurge on their children during the holidays. This year, 63% of millennials, many of whom now have school-age children of their own, said they plan to spend the same or more on holiday shopping as they did last year — the highest share of any generation, according to a quarterly report by

Images By Tang Ming Tung | Digitalvision | Getty Images As some Americans struggle to save for retirement, key 401(k) plan changes could soon make preparing easier for certain workers, experts say.  Enacted by Congress in 2022, “Secure 2.0” ushered in sweeping changes to the U.S. retirement system, including several updates to 401(k) plans. Some

Caiaimage/Paul Bradbury | Caiaimage | Getty Images ‘Tis the season for giving … dupes? Buying a dupe — short for duplicates — rose to the top of this year’s holiday wish lists. A dupe gift is a gift that is a cheaper alternative to a more expensive, branded item. They were largely kept under the radar until

Matthias Ritzmann | The Image Bank | Getty Images With the Biden administration’s new student loan repayment plan is tied up in legal battles, millions of borrowers have had their monthly payments put on hold. The break from the bills is likely a relief to the many federal student loan borrowers enrolled in the Saving

Stock traders on the floor of the New York Stock Exchange. Michael M. Santiago | Getty Images News | Getty Images Many large U.S. companies have seen their stocks swell since the presidential election. The top 10 performing stocks in the S&P 500 index saw returns of 18% or more since Election Day, according to

Maskot | Digitalvision | Getty Images Prospective car buyers considering an electric vehicle may need to act fast to get a Biden-era EV tax credit worth up to $7,500, due to the likelihood that President-elect Donald Trump and Republicans on Capitol Hill will axe those savings in tax negotiations next year, according to auto and

Sporrer/Rupp | Image Source | Getty Images Most Americans are concerned about what may happen to Social Security when its retirement trust fund crosses a projected 2033 depletion date, according to a new Bankrate survey. Nearly three-quarters, 73%, of non-retired adults and 71% retired adults say they worry they won’t receive their benefits if the

Voters stand in line at a local polling station in Washington, DC, on November 5, 2024. Americans cast their ballots in the presidential race between Republican nominee former President Donald Trump and Democratic nominee Vice President Kamala Harris, as well as multiple state elections that determine the balance of power in Congress. (Photo by Nicolas

Filadendron | E+ | Getty Images Thanksgiving is a time to gather with loved ones, to show gratitude for life’s abundance — and, of course, to eat. And when it comes to Thanksgiving food, it seems Americans are getting relief on their grocery bills this year following a few years of escalating costs. A “classic”

Westend61 | Getty More than 72.5 million Americans will see a 2.5% cost-of-living adjustment in their Social Security and Supplemental Security Income checks in 2025. Before then, beneficiaries can expect to receive a notice detailing how their monthly checks will change. In December, the notices will be available online for beneficiaries who have My Social