SAN DIEGO (WKRC) – A 67-year-old woman warned the public about a romance fraud that took her life savings: scammers pretending to be Keanu Reeves. 67-year-old Katherine Goodson lost her husband in 2007 and told NBC San Diego she’s been struggling with loneliness since. She moved to San Diego in 2022 and soon received a…
By Alimat Aliyeva A report by South Korea’s Ministry of Land, Infrastructure, and Transport reveals that a Korean family would need to save every penny for 13 years in order to afford a home in Seoul, given the current housing market. This stark reality has emerged as housing prices in the capital continue to rise,…
©GOBankingRates Building a CD ladder for emergency savings combines security and growth. It is an effective approach that makes sure your funds are accessible when you need them while earning higher interest than a traditional savings account. Read More: How To Financially Plan for the New Year Under the New Trump Presidency Find Out: If…
Personal Finance CatLane/ Getty Images Published: December 28, 2024 9:01 am Just 18% of Americans moved their money to get better savings account rates last year. Only 18% of Americans have their money in a high-yield savings account. With some high-yield accounts paying 10 times more than the national average rate, it’s worth moving your…
In this week’s episode of Money Glow Up, host Tiffany Aliche welcomes Robert Powell, the host of Yahoo Finance’s Decoding Retirement, for a discussion on retirement planning—whether you’re just starting your financial journey in your twenties or approaching your golden years. Regardless of when you begin saving for retirement, the crucial question remains: how much…
Images By Tang Ming Tung | Digitalvision | Getty Images Many people, especially those with debt, will be discouraged by the recent Federal Reserve forecast of a slower pace of interest rate cuts than previously forecast. However, others with money in high-yield cash accounts will benefit from a “higher for longer” regime, experts say. “If…
In today’s digital landscape, the threat of scams is ever-present, with fraudsters employing increasingly sophisticated tactics to deceive unsuspecting individuals. One alarming method involves scammers posing as law enforcement officers, using intimidation and manipulation to extract money from their victims. This article explores a recent scenario that illustrates this growing menace and emphasizes the importance…
Some Americans “oversave” for retirement and end up sacrificing during their working years. Financial planners advised balancing savings with enjoying life to avoid regrets in retirement. This is part of an ongoing series on older Americans’ regrets. Joshua Winston, 70, did a pretty good job preparing for retirement: He ran two successful veterinary clinics, made…
A specialist studies monitors on the New York Stock Exchange trading floor in New York on November 21, 2024. (AP Photo/Ted Shaffrey, File) (AP) — 529 college savings plans are powerful tools to help pay for the mounting costs of an education. Why are some people hesitant to use them? One common concern is oversaving….
Billy Pieper, senior vice president and director of strategic partnerships at American Savings Bank and HCL board president. Hawaiʻi Community Lending (HCL) announced that HPM Building Supply and American Savings Bank will sponsor the nonprofit’s annual Hui Waiwai on Jan. 23, 2025, at Bishop Museum from 5 to 8 p.m. Every year, HCL hosts the…
