fromBusiness Insider4 days agoI bought my first house in Florida. I would've been better off if I'd done these 5 things beforehand.Homeownership in Florida comes with limited insurance options and unexpected costs.
I'm 30 and want to retire because I'm burnt out but if I stick it out for another 2 years I'll get $10 million - is it worth it?A Redditor must decide if two more years of an unhappy job for $10 million is worth it given his current financial stability.
"I used to be very frugal": Man in his 40s spends $700k a year and wonders if he can retire nowWealth doesn't assure a stress-free life; high-income individuals often grapple with work-life balance and personal fulfillment.
I've got $18 million at 40 years old - but I think I want to retire now because I hate my jobThe decision to continue working depends on whether he values time over additional money.
I'm 30 and want to retire because I'm burnt out but if I stick it out for another 2 years I'll get $10 million - is it worth it?A Redditor must decide if two more years of an unhappy job for $10 million is worth it given his current financial stability.
"I used to be very frugal": Man in his 40s spends $700k a year and wonders if he can retire nowWealth doesn't assure a stress-free life; high-income individuals often grapple with work-life balance and personal fulfillment.
I've got $18 million at 40 years old - but I think I want to retire now because I hate my jobThe decision to continue working depends on whether he values time over additional money.
See How Fast Your Savings and Salary Are Collapsing Against BitcoinBitcoin significantly outperforms traditional assets, with the U.S. dollar losing 86% of its value against Bitcoin in five years.
I'm getting a 30k bonus and have no credit card debt. Should I pay off my car loan, or do something else with the money?Eugene must decide between paying off his auto loan and maintaining a cash reserve for unexpected expenses.
See How Fast Your Savings and Salary Are Collapsing Against BitcoinBitcoin significantly outperforms traditional assets, with the U.S. dollar losing 86% of its value against Bitcoin in five years.
I'm getting a 30k bonus and have no credit card debt. Should I pay off my car loan, or do something else with the money?Eugene must decide between paying off his auto loan and maintaining a cash reserve for unexpected expenses.
I'm in college and just discovered my estranged father just died and he left me over $10 million - should I drop out of school?Dropping out of college due to an inheritance is unwise; education is crucial for long-term success.
My Wife Inherited a House. She Has a Maddening Idea About What to Do With It.Inherited properties carry emotional weight, complicating financial decisions.Open discussions about long-term goals can aid decision-making regarding inherited properties.
I inherited my grandfather's Rolex and need to sell it to pay for my wedding. Should I feel bad?Deciding what to do with inherited belongings can evoke feelings of guilt, especially when financial needs are pressing.
I'm in college and just discovered my estranged father just died and he left me over $10 million - should I drop out of school?Dropping out of college due to an inheritance is unwise; education is crucial for long-term success.
My Wife Inherited a House. She Has a Maddening Idea About What to Do With It.Inherited properties carry emotional weight, complicating financial decisions.Open discussions about long-term goals can aid decision-making regarding inherited properties.
I inherited my grandfather's Rolex and need to sell it to pay for my wedding. Should I feel bad?Deciding what to do with inherited belongings can evoke feelings of guilt, especially when financial needs are pressing.
Here's the science behind our stupid money mistakesCognitive biases significantly impact financial decisions, often leading to irrational spending based on perceived value.
19 People Share Their Biggest Financial Mistakes That Still Haunt Them To This DayWinning in gambling leads to increased stakes and poor financial decisions, perpetuating a damaging cycle.
Here's the science behind our stupid money mistakesCognitive biases significantly impact financial decisions, often leading to irrational spending based on perceived value.
19 People Share Their Biggest Financial Mistakes That Still Haunt Them To This DayWinning in gambling leads to increased stakes and poor financial decisions, perpetuating a damaging cycle.
Even Millionaires Make These Common Social Security MistakesProperly timing the decision to take Social Security benefits is crucial for maximizing retirement savings.
I'm 64 and planned to wait until 70 to claim Social Security - But can I afford to wait?Carol faces a dilemma between maximizing Social Security benefits and addressing immediate financial pressures, highlighting common retirement planning challenges.
Will Claiming Social Security at 62 Slash Your Benefits for Life? Here's the TruthFiling for Social Security at 62 locks in lower benefits for life unless a do-over is requested.
Opinion | Why Do So Many Americans Pass Up Bigger Social Security Checks?Delaying Social Security benefits until age 70 leads to significantly higher lifetime payments, but most people claim early, resulting in costly financial choices.
We're empty-nesters and want to spend $150,000 on a home renovation - is it worth delaying retirement?Bill and Karen face a dilemma between renovating their home for enjoyment or prioritizing their retirement savings.
I'm 35 with $18 million and young kids - is buying a river house a good investment or just a luxury?Wealthy individuals often yearn for more money but feel societal pressure to disguise their affluence.
Even Millionaires Make These Common Social Security MistakesProperly timing the decision to take Social Security benefits is crucial for maximizing retirement savings.
I'm 64 and planned to wait until 70 to claim Social Security - But can I afford to wait?Carol faces a dilemma between maximizing Social Security benefits and addressing immediate financial pressures, highlighting common retirement planning challenges.
Will Claiming Social Security at 62 Slash Your Benefits for Life? Here's the TruthFiling for Social Security at 62 locks in lower benefits for life unless a do-over is requested.
Opinion | Why Do So Many Americans Pass Up Bigger Social Security Checks?Delaying Social Security benefits until age 70 leads to significantly higher lifetime payments, but most people claim early, resulting in costly financial choices.
We're empty-nesters and want to spend $150,000 on a home renovation - is it worth delaying retirement?Bill and Karen face a dilemma between renovating their home for enjoyment or prioritizing their retirement savings.
I'm 35 with $18 million and young kids - is buying a river house a good investment or just a luxury?Wealthy individuals often yearn for more money but feel societal pressure to disguise their affluence.
Move or extend: How to make this key decisionMoving or extending your home involves personal choices driven by lifestyle factors, not just financial considerations.
Family of 4 Outgrew Their 1,067-Square-Foot California Home, but There's a Reason They're Staying PutHomeowners are reluctant to sell and lose low mortgage rates due to the lock-in effect.
I Finally Bought a House. Then the Absolute Worst-Case Scenario Happened.Navigating a housing crisis while managing employment changes presents difficult options for federal employees facing relocation.
I'm 36 with a $3.25 million net worth - should I keep renting to maximize savings?The rising cost of home ownership is pushing more Americans to choose renting over buying.
A millennial couple who moved from Colorado to Massachusetts explains why it's much more expensive - and why they don't regret itThe couple prioritized family over finances, moving to Massachusetts despite higher living costs.High relocation and housing costs in Massachusetts make their financial situation challenging.
My wife and I have $3.5 million in net worth and her parents asked us to move in with them - should I allow it?Living with in-laws can provide financial and practical benefits despite societal stigma.
Move or extend: How to make this key decisionMoving or extending your home involves personal choices driven by lifestyle factors, not just financial considerations.
Family of 4 Outgrew Their 1,067-Square-Foot California Home, but There's a Reason They're Staying PutHomeowners are reluctant to sell and lose low mortgage rates due to the lock-in effect.
I Finally Bought a House. Then the Absolute Worst-Case Scenario Happened.Navigating a housing crisis while managing employment changes presents difficult options for federal employees facing relocation.
I'm 36 with a $3.25 million net worth - should I keep renting to maximize savings?The rising cost of home ownership is pushing more Americans to choose renting over buying.
A millennial couple who moved from Colorado to Massachusetts explains why it's much more expensive - and why they don't regret itThe couple prioritized family over finances, moving to Massachusetts despite higher living costs.High relocation and housing costs in Massachusetts make their financial situation challenging.
My wife and I have $3.5 million in net worth and her parents asked us to move in with them - should I allow it?Living with in-laws can provide financial and practical benefits despite societal stigma.
The 3 Worst Financial Decisions I've Made All Have One Thing in Common-Here's What I Wish I Knew SoonerBuying a house prematurely often leads to significant financial losses.Emotional decisions can negatively impact financial outcomes.
How Long Should You Live in a House Before Selling? Here's What to ConsiderHomeowners should weigh personal circumstances alongside financial implications when deciding to sell their home.Longer home tenure typically increases home equity, providing greater financial flexibility upon selling.Transaction and local market costs are key factors that influence the decision on when to sell.
'My Daughter Is Heartbroken I Sold Her Childhood Home': How To Cope If Your Own Kids Freak OutSelling a family home can have profound emotional impacts on teenagers, despite financial reasoning.
My wife wants to buy a $3 million vacation home but I'm nervous - should I be?The couple is divided over purchasing a $3 million vacation home, weighing usage against potential financial burdens and obligations.
The 3 Worst Financial Decisions I've Made All Have One Thing in Common-Here's What I Wish I Knew SoonerBuying a house prematurely often leads to significant financial losses.Emotional decisions can negatively impact financial outcomes.
How Long Should You Live in a House Before Selling? Here's What to ConsiderHomeowners should weigh personal circumstances alongside financial implications when deciding to sell their home.Longer home tenure typically increases home equity, providing greater financial flexibility upon selling.Transaction and local market costs are key factors that influence the decision on when to sell.
'My Daughter Is Heartbroken I Sold Her Childhood Home': How To Cope If Your Own Kids Freak OutSelling a family home can have profound emotional impacts on teenagers, despite financial reasoning.
My wife wants to buy a $3 million vacation home but I'm nervous - should I be?The couple is divided over purchasing a $3 million vacation home, weighing usage against potential financial burdens and obligations.
My deceased wife left my kids $400k and I don't think that was the best decisionThe caller regrets a financial decision made during his wife's illness, wishing to reverse a quit claim deed to benefit his new marriage.
The Dolphins' looming quandary with Tua Tagovailoa and the consequences of either pathThe Dolphins face challenging salary cap decisions for the 2025 season, especially regarding Tagovailoa's contract restructuring.
A 20-year-old won a $9.2 million lottery jackpot but won't stop working because he needs 'a purpose in life'James Clarkson plans to continue working and pursue a career as a heating engineer despite winning a $9 million lottery jackpot.
Why Are My Parents Handling College Costs So Differently for My Sibling?Parents may prioritize differently for each child's education, leading to perceived unequal treatment.
This Veteran Mom Shares The Top Three Mistakes She Made When Raising Her KidsIt's important for parents to recognize and learn from their past parenting decisions to guide others.
My Wife is Demanding a $30,000 Gift in Exchange for Having Our BabyThe push present tradition highlights financial and emotional complexities in parenting decisions.
Why Are My Parents Handling College Costs So Differently for My Sibling?Parents may prioritize differently for each child's education, leading to perceived unequal treatment.
This Veteran Mom Shares The Top Three Mistakes She Made When Raising Her KidsIt's important for parents to recognize and learn from their past parenting decisions to guide others.
My Wife is Demanding a $30,000 Gift in Exchange for Having Our BabyThe push present tradition highlights financial and emotional complexities in parenting decisions.
I'm getting a divorce - should I give up half the house or half my 401(k)?Divorce remains a common reality, with serious financial implications for individuals involved, especially concerning asset division and children's stability.
1 in 5 Americans Still Think Gold Is the Best Long-Term Investment - Are They Right?Gold investment is declining in popularity, with a noticeable shift towards stocks and real estate as preferred options among Americans.
Suze Orman says married couples that do this are taking a 'big risk' with their moneyFinancial decision-making in marriages often has an imbalance, with women less engaged in critical financial choices, posing risks to their future security.
From the Hermes heir to Nicolas Cage: Millionaires who went bankruptWealth does not ensure economic success, as poor decisions can lead to significant financial losses.
Harriette Cole: How do I know if I can live with this unusual cat?Consider your capacity and preparedness before adopting a pet with special needs.
Should You Buy Mortgage Points to Lower Your Mortgage Rate?Understanding mortgage points can help make informed decisions about mortgage rates.Mortgage points can provide long-term savings if you plan to stay in your home for a long time.
Understanding Mortgage Interest: How It Works and What You Need to KnowMortgage interest is a fee paid for borrowing money to buy a home, affecting payments over the loan term. Factors influencing interest include loan amount, interest rate, terms, and type.
Should You Buy Mortgage Points to Lower Your Mortgage Rate?Understanding mortgage points can help make informed decisions about mortgage rates.Mortgage points can provide long-term savings if you plan to stay in your home for a long time.
Understanding Mortgage Interest: How It Works and What You Need to KnowMortgage interest is a fee paid for borrowing money to buy a home, affecting payments over the loan term. Factors influencing interest include loan amount, interest rate, terms, and type.
Your questions: What's the best bank account for my son starting college? And do I need to inform my insurer if I rent a room to a student?Students can benefit from specialized current accounts available through credit unions.These accounts help college students manage their finances effectively.
Exclusive: Why Barcelona have cleared star to seal transfer to Man City, according to Fabrizio RomanoBarcelona let Gundogan go after one season mainly due to financial concerns, aiming to reduce their wage bill.
I confess: I canceled my Tesla Cybertruck order. But not for the reason you think.The author cancelled the Tesla Cybertruck order due to financial inability to afford the vehicle despite previous excitement.
What If: Rangers offer sheet Joe Sakic in 1997? - Blue Seat BlogsThe success of the film 'Air Force One' influenced the Colorado Avalanche's decision to match the Rangers' offer for Joe Sakic.
The Psychology of MoneyFinancial decisions can be more psychological than economic, impacting spending habits and overall well-being.
Kurtenbach: The SF Giants showed their true colors at the MLB trade deadlineThe Giants prioritized dumping salary over making bold moves at the trade deadline.
Chelsea make huge decision in Victor Osimhen pursuit - reportChelsea is not currently pursuing Napoli striker Victor Osimhen due to concerns over cost.Chelsea is looking for a cheaper alternative to Osimhen in their search for a new striker this summer.
Chelsea quartet could leave for suitable offersChelsea may sell Gallagher, Chalobah, Maatsen, and Broja due to financial reasons or player preferences.
Chelsea make huge decision in Victor Osimhen pursuit - reportChelsea is not currently pursuing Napoli striker Victor Osimhen due to concerns over cost.Chelsea is looking for a cheaper alternative to Osimhen in their search for a new striker this summer.
Chelsea quartet could leave for suitable offersChelsea may sell Gallagher, Chalobah, Maatsen, and Broja due to financial reasons or player preferences.
Managing Your DebtThe article highlights the normalization of indebtedness in the U.S. society, questioning the structural reasons behind accumulating debt.
Bayern Munich to get money from FC Barcelona if Robert Lewandowski nets 25+ goalsFC Barcelona's unusual financial decisions have resulted in various methods of raising cash, including selling stakes, old turf, and YouTube donations.
Want to See This Film? Movie Studios Won't Let You.Warner Brothers Discovery chose to pull the film Coyote vs. Acme for accounting reasons rather than releasing it.Studios like Warner have been shelving near-complete movies to save costs and reduce debt, creating confusion in the streaming landscape.
Jerry Jones: Cowboys couldn't afford to keep Tyron Smith, what it means for Tyler SmithJones explains financial constraints led to Tyron Smith's departure with New York JetsReflections on tough decisions drawing comparisons to DeMarcus Ware's release in 2014
Source: Steelers release veteran WR RobinsonSteelers released veteran wide receiver Allen Robinson to save $10 million against the salary cap.Coupled with releasing Patrick Peterson, Steelers created nearly $17 million in additional cap space.
Jerry Jones: Cowboys couldn't afford to keep Tyron Smith, what it means for Tyler SmithJones explains financial constraints led to Tyron Smith's departure with New York JetsReflections on tough decisions drawing comparisons to DeMarcus Ware's release in 2014
Source: Steelers release veteran WR RobinsonSteelers released veteran wide receiver Allen Robinson to save $10 million against the salary cap.Coupled with releasing Patrick Peterson, Steelers created nearly $17 million in additional cap space.
What else can the Giants cut in order to better serve their investors?Rooting for a sports team is essentially rooting for a business.Financial considerations often outweigh emotional attachments in business decisions.
Rays Owner Discusses 2024 Payroll, Long-Term OutlookThe Rays are set to hit a franchise record in payroll for the 2024 season, leading to anticipated financial losses.Owner Stuart Sternberg is willing to exceed past payroll limits to support the club's competitive window, acknowledging the uncertainty of the team's future success.
Cathie Wood's Ether ETF Pullback Is Likely Due to Fee WarIntense competition in the crypto ETF space led Cathie Wood's Ark to withdraw its spot Ether ETF application.
27 Times You Won't Need to TipTipping culture has increased due to technology prompting more frequent tipping. Optional screen pressure to tip does not mean one must tip.