Dear Penny: My Dad Says I Owe Him $400/Month When He Retires. Is This Fair?

Real Answers for Life’s Money Challengesby Robin Hartill, CFP®Senior EditorWithin the last year as I’ve learned more about finances, I’ve realized that I grew up in a financially illiterate family, and so did my husband. Both of us grew up with poor but frugal parents, and our frugality has helped us manage so far. We have a credit card, but we pay it off every month. We’ve paid off our two

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SigFig Review 2021: Pros and Cons

by Sarah Li-Cain SigFig is unlike robo-investors in that it works with partnering brokerage companies — Charles Schwab, Fidelity and TD Ameritrade. If you have existing funds with the first two brokerages, SigFig will manage your assets there. Otherwise, SigFig will open an account for you at TD Ameritrade. SigFig is a robo investing platform partnering with third-party brokerage firms — Charles Schwab, Fidelity, and TD Ameritrade. If you have

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Ando Money Lets You Fight Climate Change — And Get Paid Two Days Early

by Mike BrassfieldSenior WriterThe United Nations calls climate change “the defining crisis of our time.” In a culture obsessed with instant gratification — and with world leaders caught up in the politics of it all — the rest of us can be left feeling helpless about it. What exactly can we do to have an impact? Stick expensive solar panels on the roof? Switch to a plant-based diet? Take shorter showers? Of

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30 Thanksgiving Leftover Recipes You’ll Love

by Jamie Cattanach, Robert BruceOne thing you can count on every Friday after Thanksgiving: There will be leftovers.  For some people, that’s one of the best parts of turkey day.But even the most avid turkey sandwich enthusiast gets a little tired of them after a few days.Of course, “I’m sick of it” is no excuse to throw away perfectly good food.So before you’re tempted to toss the remains of your

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10 Embarrassing Online Shopping Fails to Avoid This Holiday Season

by Lisa Rowan There’s no need to wait in long lines at crowded stores to snag the perfect holiday gifts at the best prices. All kinds of great deals can be found online.However, online shopping comes with its own perils when you’re trying to stick to a budget. Buying virtually makes it easy to buy a cartload of stuff in a few simple clicks — without really paying attention to

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21 Top Toys of the Holiday Season Under $30

by Nicole DowSenior Writer Pleasing the little ones in your life around the holiday season can be quite the challenge. Their wish lists seem to go on and on, but you don’t have an unlimited amount of money to spend on gifts. You also don’t want their presents to be major duds. We’ve got a way for you to get holiday toys that won’t disappoint — without dipping into next

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Accredited Debt Relief Review

by Quinten Plummer For people who are drowning in credit card debt and dodging phone calls from creditors, it’s easy to feel trapped. Helpless.The truth is, many Americans are in the same predicament. But there are ways out, including debt relief.Take Kerry Smith, for instance. He was a Green Beret who did four combat tours in Iraq and four more in Afghanistan. He fought terrorists and insurgents, dodged grenades and

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Does Having a Credit Card Balance Hurt Your Credit Score?

by Robin Hartill, CFP®Senior EditorYou probably know that paying down debt is good for your credit score. But there’s a persistent myth about credit card balances and credit scores. Some people say that carrying a small balance from month to month somehow helps your credit score.The idea that carrying a balance helps your credit score is totally false. Read on to learn the facts about how your balance affects your

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Food Delivery Advice from an Uber Eats Driver Who Made Bank

by Adam HardyContributorSam Lyon pushed his earning potential in the gig economy to its limits.The Salem, Oregon, resident made thousands of dollars in June 2020 delivering food for Uber Eats, an app for gig work that proved especially popular during the pandemic.He challenged himself to make as much money as possible in that one month. To do so, he drove 12 hours a day for 30 days straight.In the end,

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Are You Gen Z or a Millennial? Learn from Previous Generations’ Money Mistakes

by Mike BrassfieldSenior WriterLet’s make it clear right off the bat: Your generation is the best generation, OK?And no matter which generation you happen to belong to, there’s plenty you can learn from the financial mistakes of previous generations, who all behaved in financially unwise ways.If you’re Gen Z, you can avoid the house-hunting regrets of millennials. If you’re a millennial, you can learn from the credit card disasters of

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