3 Big Reasons You’re Probably Not Getting a Maximum Social Security Benefits of $4,194 | Smart Change: Personal Finance

(Christy Pepper) In 2022, the Social Security Administration sends retirement benefit checks totaling $4,194 per month to a small number of Americans. This is the maximum payment available from the SSA, and it offers a generous income compared to the average accrual of $1,657. So will you be on track to earning $4,194 in interest, … Read more

How debt stress affects body and mind Smart Change: Personal Finance

Sarah Rathner Feeling indebted always leaves you one step behind. It doesn’t help to talk about debt as your fault — too much online shopping, or too many jugs of expensive mimosa at lunch. “In our culture, in our country, we have a lot of noise about debt,” says Lindsey Brian Bodvin, a financial therapist … Read more

Find out about your parents’ financial plans as soon as possible | Smart Change: Personal Finance

Laura McMullin My mother died at the age of 61, when I was 31. Seeing her tombstone in another’s field struck me with a brutal, if obvious truth: Everyone, everyone’s parents included, would die. I promise I’m not trying to bother you. I want to prepare you because this loss could happen sooner than you … Read more

Find out about your parents’ financial plans as soon as possible | Smart Change: Personal Finance

Laura McMullin My mother died at the age of 61, when I was 31. Seeing her tombstone in another’s field struck me with a brutal, if obvious truth: Everyone, everyone’s parents included, would die. I promise I’m not trying to bother you. I want to prepare you because this loss could happen sooner than you … Read more

Do you worry about the stock market? Try Warren Buffett’s investment strategy | personal financing

(Katie Brockman) Investing in the stock market can be daunting, no matter how it performs, but it is especially worrying when prices are falling. The Nasdaq recently entered a bear market after falling more than 20%, and Standard & Poor’s 500 It also crawls closer to the bears area. No one knows how long this … Read more

Mortgage and Refinancing Rates Today: May 20, 2022

After weeks of increases, mortgage rates appear to be stabilizing. This week, the average 30-year fixed-rate mortgage rate fell slightly from 5.3% to 5.25%, according to Freddy Mac. With so much uncertainty in the markets, it’s hard to know how long prices might stay at these levels, or if they will rise further. in that … Read more

Invest smart and not harder with these 3 methods | personal financing

(Steven Walters) Investing doesn’t have to be difficult. In fact, it shouldn’t be difficult – it should be rewarding. Fortunately, there are things you can do to become a smarter investor that doesn’t require you to work any harder. Here are three methods you can use to invest smarter rather than too seriously. Image source: … Read more

How to Understand and Reduce Taxes When Selling Your Home Smart Change: Personal Finance

Liz Weston, CFP® The investment information on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, nor does it recommend or advise investors to buy or sell specific stocks, securities or other investments. Congratulations if your home has gone up in value. If you decide to sell, beware. Financial … Read more