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Money Management

T-Mobile’s 5-Year Price Lock Puts Pressure on Competitors

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 New prepaid options offer rare price stability — and you could be the biggest winner. 

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T-Mobile just introduced a bold new plan for wireless pricing that could shield customers from plan rate hikes for five years, though fees may still vary. The carrier will roll out three new prepaid plans with this price guarantee, according to TheStreet. The announcement follows rising customer frustration after a series of increases over the past year, including a $5 bump on some older plans…

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You’re 50 Now. By 59, Social Security Could Be Slashed by 23%

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 Millions may feel the squeeze sooner than expected, but planning ahead can soften the blow. 

Head And Shoulders Portrait Of Unhappy Mature Woman At Home
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The latest report from the Social Security Board of Trustees warns that the trust fund supporting retirement benefits could be depleted by 2033, TheStreet reports. That’s just eight years away. While the timeline hasn’t changed from last year’s prediction, troubling new details make planning your financial future more urgent than ever. According to the June 18 annual report from the Trustees…

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Home Prices Break May Record While Buyers Pull Back: What to Watch

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 High rates and tight supply require a smarter strategy this summer. 

Home for sale
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The housing market delivered a mixed update that could affect your next move. According to the National Association of Realtors (NAR), May data showed: This stubborn mix of rising prices and sluggish sales creates a market that can feel both challenging and full of opportunity, depending on whether you’re buying or selling. The main driver behind this trend is basic supply and demand.

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Eggs Are Down, Groceries Are Up: The Math Behind Your Bigger Bill

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 New PBS data shows what’s driving inflated grocery bills — and what shoppers can do to fight back. 

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Many consumers are seeing it at checkout: the weekly bill keeps rising, even for the same staples. According to the Labor Department, grocery prices rose 0.3% in May alone and are up 2.2% compared to a year ago, reported by PBS. Although a 2.2% annual increase may appear modest, the impact accumulates over time. For example, a weekly grocery bill of $150 last year now totals approximately…

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Streaming Vs. Cable: Is Switching Worth It for CNN, MSNBC, and Fox News?

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 Cut the cord, not the news. Streaming solutions for your favorite channels. 

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Advertising Disclosure: When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend. Many Americans are dropping cable TV in favor of streaming, but they still want access to familiar news channels. Cutting the cord used to mean giving up live cable news entirely, but that is no longer the case. CNN…

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Jean Chatzky Says Your Retirement Strategy Needs 3 Critical Changes Now

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 Get smarter about Social Security, 401(k)s, and long-term planning with advice that could change your retirement math. 

Woman thinking about retirement
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If you’re counting on Social Security and your 401(k) to carry you through later life, Jean Chatzky has some sobering news, according to TheStreet. The former financial editor for NBC’s Today show, now with AARP, warns that many Americans risk draining their savings too soon — and relying solely on old strategies may not be enough anymore, TheStreet reveals. Her message is timely.

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