Personal Finance
Selling your home is one of the biggest financial transactions you’ll ever make. While many homeowners worry about a large tax bill, the reality is that rules like the Internal Revenue Code Section 121 can allow you to keep much, or even all, of your profit. Here’s how capital gains…
One of the reasons I want to live close to my parents is to help with the little things they don’t feel urgency about. Back in 2023, I visited and asked why there was a hole in the kitchen ceiling with a rag on the floor beneath it. A leak,…
Setting up a trust can be a powerful way to manage and protect assets. However, it also comes with important tax responsibilities. One of the first steps many trustees face is obtaining a tax ID, or EIN. This allows the trust to operate as its own financial entity. Understanding when…
Transferring property with a quitclaim deed may seem like a quick and tax-free move, especially among family members. However, the reality can be far more complicated. These transfers often avoid immediate taxes. However, they can quietly set the stage for a much larger capital gains bill down the road. Understanding…
Land contracts can offer a path to homeownership without a traditional mortgage, but the financial responsibilities involved are not always straightforward. Property tax obligations in particular depend on how the contract is structured, and misunderstanding them can lead to serious financial consequences for either party. Here is what to know…
Editor’s Note: This story originally appeared on The Penny Hoarder. Curious about starting your own online business? If you know a lot about a particular type of item — be it kitchenware, purses, jewelry, Pokemon cards, collectibles or even ’80s punk fashion — you could make a decent amount of…
You have likely heard the siren song of the “tax friendly” state. It usually sounds something like this: “I’m moving to Florida (or Texas) as soon as I retire so the government stops touching my pension.” It’s an understandable impulse. When you’re living on a fixed income, seeing a chunk…
Across the U.S., the wage floor ranges from $7.25 an hour to more than $17 in some places. The federal minimum wage remains $7.25, while many states, territories and districts have set higher rates of their own. At first glance, states with the highest minimum wages might seem like the…
Editor’s Note: This story originally appeared on Monster. Good excuses to miss work on short notice include illness, emergencies, childcare issues, and other unexpected events that make it impossible or inappropriate to work. Employers generally understand that emergencies happen, but how you communicate your absence can affect your credibility. This…
In January 2026, Robert Kiyosaki posted an exuberant message to his millions of followers on X: “Gold soars over $5,000. Yay!!!! Future for gold $27,000.” That week, gold was trading near $5,005. Five months later, in June 2026, gold was trading around $4,000. Did he really mean gold would climb…
