Savings

Strategies to Maximize Your Savings with High Rates

The benchmark interest rate set by the Federal Reserve is still 23 years high. This is because the central bank decided on Wednesday to maintain its current policy level, as it has done at the previous five meetings of the policy-making committee.

The Dollar Milkshake Theory: What You Need to Know

A few months ago, I was visiting a financial literary conference in Harlem when someone introduced me to the "Dollar Milkshake Theory." This changed everything.

Unlocking Wealth: Top 5 FinTok Tips You Can't Miss

In the whirlwind world of social media, TikTok has emerged as a powerhouse for bite-sized, viral content. Not just for dance challenges or cooking hacks, TikTok, affectionately dubbed 'FinTok' by the financially savvy, is revolutionizing the way Generation Z approaches money management.

Golden Rush: Shoppers Add $2,000 Bars to Their Grocery Lists

Ever thought about picking up a loaf of bread, a rotisserie chicken, and, oh, maybe a gold bar or two on your next Costco run? It seems like an increasing number of Americans are doing just that. In a fascinating twist to the shopping experience, Costco members can now add gold bars-yes, actual gold-to their carts, both in-store and online. And guess what? They're flying off the shelves faster than the latest viral snack.

Half of Americans Feel Behind on Retirement: What's Next?

With roughly half of U.S. households owning a retirement account, boasting a median balance of around $87,000 according to the U.S. Federal Reserve's Survey of Consumer Finances, the question arises-why are so many of us feeling stuck?

Gen Z's Verdict: $74,000 Annually Falls Short of Middle-Class Income

Gone are the days when a $74,000 salary was the golden ticket to a comfortable middle-class existence-at least, that's what Gen Z is saying. With a penchant for shaking up norms, this generation views the traditional benchmarks of financial stability quite differently from their predecessors.

The Easiest Way to Become A Millionaire On A Low Income

There's this conventional wisdom floating around that to become a millionaire, you need a hefty salary. That's about as helpful as a screen door on a submarine and absolutely wrong. Believe it or not, the secret sauce to accumulating wealth isn't always tied to your take-home pay. It's about how you manage and multiply what you've got.

Banks Hike Rates, Here's How to Squeeze More Money from Your Stash

As part of its continued attempt to curb the speed of inflation, the Federal Reserve has raised its main interest rate five times this year, most recently on Wednesday.

Ladies Lead the Pack: The 8 U.S. Cities Where Women's Earnings Eclipse Men's

Recent findings reveal that in several U.S. cities, young women aren't just closing the gap-they're rewriting the narrative by out-earning their male counterparts. Let's dive into the cities where women are leading the earnings race, proving that the wage war might just be winnable after all.

Rethinking Retirement: Larry Fink Calls Out the 65-Year-Old Standard

In a world where avocado toast is blamed for millennials' financial woes and Gen Z is meme-ing their way through economic uncertainty, Larry Fink, CEO of BlackRock, drops a truth bomb about the Social Security crisis and the "a bit crazy" standard retirement age of 65.

A Single Woman's Guide to Retirement

Let's be real for a moment: navigating the world of retirement as a single woman can sometimes feel like you're trying to assemble IKEA furniture without the manual. You know it's doable, but boy, wouldn't some clear instructions (and maybe a helping hand) make a world of difference?

Slash Your Health Insurance Bills: Expert Tips & Tricks

Who doesn't love the thrill of scoring a great deal? Whether it's nabbing those sneakers you've been eyeing at a steal or finding the perfect avocado at half price (yes, I celebrate small victories), saving money feels good.

Saving Money 101: Unlocking Your Financial Superpowers in 2024

In today's whirlwind of economic uncertainties and avocado toast temptations, mastering the art of saving money is more crucial than ever. So, let's dive into the ultimate "How to Save Money 101" guide, packed with tips, tricks, and a dash of humor to keep things interesting.

Why Right Now is a Bad Time to Spend Money

The U.S. economy has shown incredible resilience in the past, rebounding strongly from the depths of the pandemic recession. And who knows, maybe this period of economic uncertainty will give you the push you need to finally start that side hustle or small business you've been dreaming about.

I Cancelled my Unused Subscriptions and Bought a Car

In this digital age, it's easier than ever to accumulate subscriptions that we forget about and rarely use. By routinely checking and eliminating these unused services, we can free up funds for more significant investments - like a brand-new car!

1 2

Latest Stories

How Copper Fuels Infrastructure Development from Power Grids to Telecom

Copper's use in global infrastructure development is becoming increasingly critical, especially as emerging markets expand and industrialize. The metal, valued for its electrical conductivity, is now indispensable in energy grids, transportation networks, and telecommunications. As nations worldwide focus on upgrading infrastructure to meet the demands of modern economies and climate targets, copper demand is set to rise continually year over year.

A Busy October for H.I.G. Capital: Multi-Sector Investments Reflecting Market Agility

As global markets continue to present both challenges and opportunities, H.I.G. Capital, the Miami-based alternative investment powerhouse, has launched a series of strategic moves that underscore its agility and foresight. With $65 billion of capital under management, H.I.G. has long been known for its diverse investment approach. However, the firm's activities in October 2024 paint a picture of a company not just participating in market trends but actively shaping them.

The Surge in Copper Prices: Predictions and Market Reactions

The global copper market has been experiencing a significant surge in prices, driven by supply constraints and increasing demand. This trend has caught the attention of investors, industry analysts, and policymakers alike, as copper is needed in various sectors, particularly in the growing fields of renewable energy and electric vehicles. Here are some of the key factors behind the price surge, market reactions, and future predictions for copper prices.

Beyond Wealth: Giving Compass for Business Simplifies Philanthropy for Financial Advisors

Giving Compass for Business, one of these innovations is gaining popularity since it provides a fresh method for incorporating generosity into wealth management.

Belgian Billionaire Shukhrat Ibragimov Puts Private Jet on Market for $46m

Shukhrat Ibragimov, the chairman of mining giant Eurasian Resources Group (ERG), has put his Dassault Falcon 8X up for sale for $46 million.

Must Read

IC Funded: Revolutionizing Prop Trading for Retail Traders

IC Markets has recently launched its proprietary trading platform, IC Funded, and it's already creating a buzz in the trading community. What started as a soft launch has now captured the attention of traders worldwide, highlighting a significant shift in how retail traders can access capital and participate in the markets.

Protecting Your Practice: The Importance of Professional Liability Insurance for Professionals

In today's complex and litigious business environment, professionals across various industries face numerous risks that could jeopardise their practice. From legal claims and client disputes to regulatory investigations, the potential threats are vast.

As Copper M&A Wars Escalate, Solaris Resources' Warintza Project Stands Out

The mining industry has been busy with mergers and acquisitions (M&A) activity in recent years, and 2024 has been one of the busiest. Major mining companies are all vying for a piece of the action in the promising copper sector. As the global push towards electrification and clean energy intensifies, the demand for copper—a critical component in electric vehicles, renewable energy systems, and infrastructure—is expected to soar. This has sparked even more interest from mining giants looking to secure their position for production.

Amin Makhlouf: Redefining Real Estate Transactions with Digital Innovation

In an industry often rooted in tradition, Amin Makhlouf brings a fresh perspective, combining youthful energy with groundbreaking ideas in real estate. As the founder of Makyee, he's transforming the way properties are bought and sold in Dubai, aiming to make these processes more accessible, efficient, and transparent.

Is Mr. Black Being Silenced by X in His Mission to Bring About the Messianic Age?

The enigmatic artist Mr. Black, known for his cryptic street art and ambitious 21,000-piece ordinal collection on the Bitcoin blockchain, claims that the Messianic Age will be revealed once the collection is fully minted. However, recent developments suggest that Mr. Black might be facing censorship on the social media platform X, formerly known as Twitter.

Stay Connected with Money Times

` `