Money Management

 Looking for relief from high mortgage rates? Here’s what makes mortgage buy-downs worthwhile, from a personal finance expert. 

Getting an affordable mortgage rate is a huge hurdle in today’s challenging housing market. Personal finance expert Dave Ramsey recently offered his insights on mortgage buy-downs, a potential way for home buyers to lock in a discounted rate. A mortgage buy-down lets home buyers lock in a discounted mortgage rate for one to three years by paying a lump sum upfront. This strategy has become…

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 Southwest Airlines says goodbye to its famous “bags fly free” policy. Passengers face new checked bag fees for reservations made after May 28 unless they qualify for elite status perks. 

After more than five decades of letting “bags fly free,” Southwest Airlines is officially ending its signature policy. According to a recent announcement reported by USA Today, starting May 28, new reservations will incur charges for checking luggage, marking a significant shift for the airline that built its reputation partly on this customer-friendly approach. Under the new policy…

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 Social Security projections are increasingly concerning. What can you do to get the most from both government benefits and employer-sponsored retirement plans? 

Financial expert Jean Chatzky, the well-known author and former financial editor for NBC’s “Today Show,” has issued a stark warning for Americans regarding their retirement planning, according to TheStreet. As millions approach their retirement years, Chatzky highlights critical concerns about both Social Security benefits and 401(k) savings that demand immediate attention.

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 Import costs are already rising, pushing prices higher on everyday essentials. These strategic money moves can help you stay ahead before your budget takes the hit. 

Tariffs are shaking up the economy, but the ripple effects start right at home. As import costs climb, everyday purchases, from pantry staples to household basics, are getting more expensive. Whether you’re on a fixed income or just trying to stretch your budget, now’s the time to take action. These seven smart financial moves can help you adapt early, cut costs, and protect your spending…

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 Turn your old clothes into cash with these tips for successful consignment sales. 

Buying new clothes usually means spending money, no matter where you shop. One thing I learned not long ago was how to consign clothes for sale in order to better afford new ones. This is also a great way to make sure that your closet, drawers and other places you store clothes are more clutter-free. Let’s dive into the best way to learn how to consign clothes. You can earn money easily…

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 These degrees may seem less practical to some, but here’s how to make them worthwhile. 

Certain college degrees are often regarded as less practical in the job market. These so-called “useless” degrees frequently include majors in the humanities, fine arts, or social sciences — particularly when pursued without a defined career direction. In today’s competitive job market, selecting a college major that aligns with career prospects is crucial. EDsmart’s 2025 guide examines degrees…

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