#family-finance

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from24/7 Wall St.
2 months ago

Discovering My Dad's Credit Line - Was He Helping Me or Hurting My Credit Score?

On the surface, it looks good. The credit line only had one missing payment over 14 years. If that missed payment was several years ago, then it won't have an impact on the original poster's credit score.
Parenting
Retirement
from24/7 Wall St.
2 months ago

With $3 million saved and a paid-off house, I plan to retire in my late-50s - will my strategy hold up?

Establishing a net worth goal, like $5 million, can enhance financial prudence and retirement planning effectiveness.
from24/7 Wall St.
2 months ago

My Mother Ruined My Credit Score - How Can I Fix It Before Buying a House?

Low credit scores create significant challenges, especially stemming from poor financial habits, as illustrated by a Redditor's personal experience with his mother.
fromSlate Magazine
3 months ago

We're Expecting a New Baby. My Wife Proposed Cutting Corners in a Way That Freaks Me Out.

Considering your strong financial foundation, it may be wise to reduce savings temporarily to ease current financial stress.
from24/7 Wall St.
3 months ago

He wants us to use his fortune before he's gone - why do we still struggle to pull money from the family fund?

It's not out of the ordinary for parents to want to live to see how financial gifts are put to work. Indeed, it can be quite rewarding to see how one's wealth can enrich the lives of loved ones firsthand.
Retirement
fromZDNET
3 months ago

I switched to a $125 Android phone for a week, and my buying advice took a surprising turn

The Nuu N20 offers budget-friendly smartphone options for families at a fraction of flagship prices.
fromBusiness Insider
3 months ago

My family of 5 has made lifestyle adjustments to save money. We buy generic grocery brands and cut back on subscription services.

I meal plan and buy generic brand groceries.
Everyday cooking
Retirement
from24/7 Wall St.
3 months ago

My in-laws are passing down a $16 million trust to my wife - how do we make sure it grows to its full potential?

Managing and protecting inherited wealth is essential to avoid rapid loss and ensure growth.
A couple plans to redirect significant inheritance towards generational wealth for future children.
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