Inflation, home insurance, other monthly payments are skyrocketing

Inflation, home insurance, other monthly payments are skyrocketing

Record inflation may have people questioning whether homeownership is still a good investment. Home prices have been rising faster than incomes, which can be a problem for homeowners because as the value of a home rises, so does the cost to maintain it. More than 1 in 4 homeowners with mortgages are considered “cost-burdened,” meaning … Read more

Dad ‘went into a panic’ when scammer pretending to be his distressed daughter asked for money

Dad ‘went into a panic’ when scammer pretending to be his distressed daughter asked for money

A loving father is “traumatised” after a scam caller, pretending to be his daughter in distress, robbed him of his life’s savings. Brisbane local Josie Duncan, 31, was travelling to Canada to visit her father Jeff Duncan, 61, when he received a call that would turn his world upside-down. “Somewhere between the first two flights, … Read more

You’re not ‘throwing away money’ on rent

You’re not ‘throwing away money’ on rent

Ramit Sethi, self-made millionaire and star of Netflix’s “How to Get Rich,” says that renting is unfairly dismissed as “wasting money” because “it’s going to a landlord” rather than building wealth. But when you pay rent, “you’re not throwing money away,” Sethi tells CNBC Make It. “You’re paying for a roof over your head. You’re … Read more

Eligible South Australians to receive $255 Cost of Living Concession, payments to roll out from late August

Eligible South Australians to receive 5 Cost of Living Concession, payments to roll out from late August

Tens of thousands of eligible recipients in South Australia will be receiving a $255.60 payment from the state government starting from this month. The Cost of Living Concession (COLC) is available for pensioners, low-income earners and those who receive government payments such as JobSeeker, Youth Allowance or ABSTUDY. One person per household is eligible for … Read more

How to cut down your wedding guest list to save money

How to cut down your wedding guest list to save money

Victor Dyomin | Moment | Getty Images Many wedding costs, such as meals, invitations and favors, are based on your headcount. The average cost of a wedding ceremony and reception in 2023 was $35,000, according to The Knot 2023 Real Weddings Study. The total cost is a $5,000 increase from 2022. “The No. 1 way to save money on … Read more

23% of low-income Americans are living without a bank account

23% of low-income Americans are living without a bank account

Sean Gladwell | Moment | Getty Images Even as many Americans go cashless, some don’t have the option to choose that lifestyle. About 6% of Americans were unbanked in 2023, meaning they’re living without access to any traditional financial services such as savings accounts, credit cards or personal checks, according to data from the Federal … Read more

This is the most affordable country for expats in 2024, according to a new report

This is the most affordable country for expats in 2024, according to a new report

Moving to a foreign country may seem like a pipe dream, but it doesn’t have to break the bank. When deciding whether to move overseas for life or work, one of the biggest factors to consider is personal finances. For the fourth consecutive year, Vietnam is the most affordable country in the world for expats … Read more

The job market’s soft landing ‘is in danger,’ economist says

The job market’s soft landing ‘is in danger,’ economist says

Tom Merton | Ojo Images | Getty Images Job seekers have been sour on the job market for awhile now — and with good reason. “The soft landing in the U.S. labor market is in danger,” Nick Bunker, Economic Research Director for North America for Indeed Hiring Lab, wrote in a statement on Friday. “Yellow … Read more

Kamala Harris’ tax records reveal ‘fairly basic’ approach, experts say

Kamala Harris’ tax records reveal ‘fairly basic’ approach, experts say

U.S. Vice President Kamala Harris and second gentleman Douglas Emhoff descend from Air Force Two in Wilmington, DE, U.S., July 22, 2024.  Erin Schaff | Via Reuters Vice President Kamala Harris’ personal financial records are under fresh scrutiny now that she is running for the highest office in the United States. Experts say recent tax … Read more