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Households earning $100,000 or more cut spending more aggressively.  What is going on?

Households earning $100,000 or more cut spending more aggressively. What is going on?

We want to hear from readers who have stories to share about the effects of rising costs and changing economies. If you want to share your experience, write to readerstories@marketwatch.com. Please include your name and the best way to reach you. A journalist can be in contact. High-income households are feeling the pinch of inflation. …

Households earning $100,000 or more cut spending more aggressively. What is going on? Read More »

Households earning $100,000 or more cut spending more aggressively.  What is going on?

Households earning $100,000 or more cut spending more aggressively. What is going on?

We want to hear from readers who have stories to share about the effects of rising costs and changing economies. If you want to share your experience, write to readerstories@marketwatch.com. Please include your name and the best way to reach you. A journalist can be in contact. High-income households are feeling the pinch of inflation. …

Households earning $100,000 or more cut spending more aggressively. What is going on? Read More »

Don't neglect bonds this year despite a tough 2022, experts say

Don’t neglect bonds this year despite a tough 2022, experts say

OTTAWA – Bond portfolios took a big hit in 2022 as interest rates soared, but experts say investors shouldn’t overlook bonds this year as the Bank of Canada nears the end of its term. rate hike cycle. Christine Tan, assistant vice president for portfolio management at SLGI Asset Management Inc., said high-quality bonds are where …

Don’t neglect bonds this year despite a tough 2022, experts say Read More »

A sudden loss of wealth is devastating.  These financial advisors know how to help people get their portfolios back on track.

A sudden loss of wealth is devastating. These financial advisors know how to help people get their portfolios back on track.

We often talk about the challenges people face when they suddenly become rich. Receiving a cash windfall – from an inheritance or a lottery jackpot, for example, can turn someone’s life upside down in unexpected ways. People who experience a sudden loss of wealth also have their lives turned upside down – their plans for …

A sudden loss of wealth is devastating. These financial advisors know how to help people get their portfolios back on track. Read More »

“I want to meet someone rich.  Is it so bad?  I'm 46, make $210,000, and own a $700,000 house.  I'm tired of dating "losers".

“A friend advised me to find a husband”: I am almost 50 years old and I am about to retire. Would it be a mistake to get married and mess up my finances?

I am a single woman in my late 40s with no children. At 50, my federal agency will allow me to retire with a full pension. I’m planning on doing this because I have a large amount saved in my savings plan, and I’m going to be moving to a southern state, probably Georgia. A …

“A friend advised me to find a husband”: I am almost 50 years old and I am about to retire. Would it be a mistake to get married and mess up my finances? Read More »

Do retirees have to pay for private health insurance?

Do retirees have to pay for private health insurance?

Yvonne Payne is a big proponent of having medical insurance in retirement.JENNIFER ROBERTS/THE GLOBE AND THE MAIL When Yvonne Payne retired at the age of 63, she took part of her business with her. The former Toronto investment professional felt the group medical insurance package her company offered was a bargain, giving her a lower …

Do retirees have to pay for private health insurance? Read More »

The Biggest Mistakes Owners Make When Selling Their Business

The Biggest Mistakes Owners Make When Selling Their Business

Robert Daly | Getty Images For many entrepreneurs, selling or transferring a business is like giving up a baby they’ve raised from a young age. Certainly, the economic stakes are high, given that 80 to 90 percent of owners have their financial wealth locked up in their business, according to estimates by the Exit Planning …

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Nearly 30% of young people use Afterpay type services.  Here's why it's a big deal

Nearly 30% of young people use Afterpay type services. Here’s why it’s a big deal

Buy Now, Pay Later (BNPL) services have radically changed the landscape of personal loans, in large part by being easy to access and charging no interest, thus avoiding national credit laws. During the 2021-22 financial year, according to data from the Reserve Bank of Australia, the number of active BNPL accounts in Australia increased from …

Nearly 30% of young people use Afterpay type services. Here’s why it’s a big deal Read More »

“I want to meet someone rich.  Is it so bad?  I'm 46, make $210,000, and own a $700,000 house.  I'm tired of dating "losers".

“I want to meet someone rich. Is it so bad? I’m 46, make $210,000, and own a $700,000 house. I’m tired of dating “losers”.

I’ve reached the point in my life where I want to settle down, but I recently had a disagreement with a friend about my priorities, and I’d appreciate your insight. I’m 46, single, and make $210,000, not including my annual bonus. I have paid off my student loans and I own my house. He is …

“I want to meet someone rich. Is it so bad? I’m 46, make $210,000, and own a $700,000 house. I’m tired of dating “losers”. Read More »