Personal Finance

RIO VERDE, Ariz. — Joe McCue thought he had found a desert paradise when he bought one of the new stucco houses sprouting in the granite foothills of Rio Verde, Ariz. There were good schools, mountain views and cactus-spangled hiking trails out the back door. Then the water got cut off.

While the total number of $1 million homes has decreased somewhat since then, dropping to 6.5% as of December, according to a Redfin representative, it’s still far more than the 4.8% inventory share such pricey homes represented prior to the pandemic.

For over a year, we have been dutifully tracking several key datasets within the auto sector to find the critical inflection point in this perhaps most leading of economic indicators which will presage not only a crushing auto loan crisis, but also signal the arrival of a full-blown recession, one w

I’m a pretty fortunate person who lives a pretty fortunate life, and our annual household income at $160,000 is high compared to the rest of the world. However, we are still pretty frugal — we cook at home, drive old Hondas and do home repairs ourselves where possible. 

Silicon Valley as we know it — with its radically transparent company cultures, empowered employees, flat hierarchies and rarefied perks like nap pods and free food — is quickly disappearing. And it’s unlikely to return.

When Mississauga, Ont.-based money coach Vanessa Bowen sat down with a client last year to go through the woman's finances, the pair realized something was askew: a monthly Spotify charge had seemingly appeared out of thin air.

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How does a part-time job impact retirement savings? Dear Fix My Portfolio,  I retired from the U.S. Postal Service in 2004 and have a yearly pension from the Office of Personnel Management (OPM).

Shea German-Tanner tries to put a portion of her paycheck, even if it is only $50, into her savings account. But most of the time, she has to reroute the cash back to her checking to afford her expenses. Ms.

Treasury Secretary Janet Yellen has announced that the country will hit its debt limit on Thursday and needs to start taking "extraordinay measures" to avoid default. The rest of the world will have questions — understandably, because in this standoff everyone has a stake.

For a while, the promises seemed to pan out. At least in certain sectors. Travel—flights, accommodations, transportation—was democratized, with more people able to afford to go to more places and post the photos to prove it on Instagram.

‘At times it feels like we are behind in building wealth for our future generations, as well as creating the next generation’ Dear Quentin, My wife and I have been married for 12 years and have not started a family yet, with the exception of our two Labradors.

Ten-dollar cartons of eggs. Seven-dollar gallons of milk. Two-dollar apples. Everyone — even Cardi B — is feeling the pain of jaw-droppingly high food costs driven by inflation and a flurry of other factors.

For those of you who don’t follow economics, or are too young to recall the political events of 2011 and 2013, the term “debt ceiling” refers to a statutory limit on how much the U.S. government can borrow.

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