Most of us recognize that legal means exist to assume control over an aging parent’s finances when their health declines. We use a legal document…
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Mortgage rates continued their upward climb this week, leaving demand essentially flat in the stagnant housing market. Freddie Mac's latest…
Most economists who had to describe healthy, stable growth would end up largely describing today’s GDP numbers. The economy expanded…
Daughter of elderly mother (EM) called in a bit of a panic. She had just found out that her 80…
If you asked 100 people what the purpose of financial planning is, the reflexive answer of the majority would likely…
When’s the last time you made a friend? Not just someone you see at work, or someone who is an…
There are significant tax-reduction opportunities available when employer stock is held in a 401(k) plan. The opportunities are more significant…
The whole point of retirement is to improve your life—at least, that’s the case for most people. However, many people…
Most people at or near retirement age will say they want to remain at home as long as possible. That…
Mortgage rates continued their upward trajectory this week, climbing for a month straight while further pushing down demand in the…
The Consumer Financial Protection Bureau (CFPB) on Wednesday ordered Apple and Goldman Sachs to pay $89 million over mishandled transaction…
The upcoming election is only days away, and the two presidential candidates remain in a statistical dead heat. Control of…
Subsidizing home care for aging adults has been discussed in decades past. Now it is part of the political discussion…
A new push to move credit card users to a digital statement will now come with a penalty for those…
As the 2024 election approaches, candidate Vice President Harris and Former – President Trump promise to protect Social Security, but…
Americans saw mortgage rates soar during the Federal Reserve's aggressive campaign to fight inflation, leading many to hope for a…
There aren’t many absolutes in financial planning. There are, however, many—MANY—opinions. Advisors, personal finance gurus, and online opine-ers regularly die…
Estimated tax requirements are a frequent problem for retirees, with many incurring penalties for underpaying their estimated taxes. Fortunately, there’s…
Another 60,000 student loan borrowers will receive student loan relief in the coming weeks. The Biden Administration announced $4.5 billion…
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