money

Dear Penny: Is a Reverse Mortgage Ever a Good Idea?

Real Answers for Life’s Money Challengesby Robin Hartill, CFP®Senior EditorI am a 65-year-old, semi-retired single female. Because of my personal and financial situation at the time, I started collecting my Social Security. I needed it to supplement my part-time income in order to just live. It’s not much — under $600. The problem is, the family-owned business I have worked at for a very long time is in danger of closing.
money

Use These Grocery Savings Tips to Fight Rising Costs

by Mike BrassfieldSenior WriterIt’s not your imagination. Groceries really are getting more expensive.You’re seeing it at the checkout counter. Food prices just rose by 0.5% in a month, and they’ve gone up by nearly 2.5% over the past year, according to the most recent consumer price index. The price of beef is 3.3% higher than it was a year ago, according to the Washington Post.Blame it on a mix of
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7 Places That Will Pay You to Move There | Updated for 2022

by The Penny Hoarder Staff If you could use a change of scenery, why not get free money to move somewhere?In the face of declining or slowing population growth, some cities have decided to get aggressive about their survival.Despite soaring real estate prices in some parts of the country, there are still cities giving away free land while others are literally handing out stacks of cash to folks who agree
money

Can You Work and Collect Social Security? Yes, with Limits

by Kent McDillContributor As simple words go, “retirement’’ carries a lot of weight and a lot of baggage. Now that retirement is bouncing around in your mind, and you entertain the thought of giving up your day job, you ask yourself: Is my retirement income and Social Security going to be enough for my preferred lifestyle? What am I going to do with myself every day? One answer responds to
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When is FAFSA Due? 2022-2023 FAFSA Deadlines

by Tiffany ConnorsEditor/WriterIf you need money for college, then you need to know about FAFSA deadlines.FAFSA stands for the Free Application for Federal Student Aid.The FAFSA the primary source the federal government uses, based on your specific financial information, to decide if you qualify for need-based financial aid, including federal student loans, scholarships, grants or work-study opportunities.Many states and colleges also use your FAFSA information to determine whether you are
money

Dear Penny: Can I Kick Out My Boyfriend if We're in a Common-Law Marriage?

Real Answers for Life’s Money Challengesby Robin Hartill, CFP®Senior EditorI am in a bit of a mess and have no idea what I should do. My boyfriend and I have been dating for about seven years. Last year we decided to buy a house and finally move in together. Unfortunately for personal reasons (not bad credit), he is not able to have anything in his name. Therefore, the house is under

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