Personal finance can be daunting. Few consumers relish the thought of reading a credit report, shopping for car insurance or parsing a bank statement. But what if we told you that some of the smartest “financial fixes” take an hour or less? That’s the spirit of a report from AARP titled, “9 Smart Financial Fixes You Can Tackle in an Hour.” It appears in the October/November issue of AARP The Magazine. We’ve adapted their report into one of our own, covering some favorite AARP tips and a few others. Her ...

Core Insights - The article discusses Rachel's financial situation after her home flooded, leading her to live in an RV loaned by her parents while managing $40,000 in debt [2][4][5] - Financial advisors from The Ramsey Show emphasize the importance of prioritizing debt repayment over purchasing a new RV, given Rachel's limited savings and income [4][5] Financial Situation - Rachel's annual take-home pay is $70,000, while her husband earns $11 per hour [5] - Rachel has $2,500 in savings and is advised to limit monthly rent to $1,250 to make progress on her debt [5] Debt Context - As of Q3 2024, total American debt reached $17.57 trillion, with increases in mortgage, auto loan, and credit card debt [7]

Author of the New York Times best seller, “I Will Teach You to Be Rich,” host of Netflix’s “How to Get Rich “and creator of the “I Will Teach You to Be Rich” podcast, Ramit Sethi has become one of America’s gurus for all things (you guessed it) getting rich. The best part? His advice is designed to enhance your wealth regardless of your starting position. No matter your salary, here are Sethi’s top tips for getting richer. For You: Suze Orman’s Top Tip for Building Wealth Is a ‘Very Easy One’ Explore Next ...

A recent Yahoo Finance-Marist Poll survey found that one-third of Americans reported deteriorating financial conditions over the last year, with Gen Xers and baby boomers among the most frequently impacted. Check Out: I Paid Off $40,000 in 7 Months Doing These 5 Things Read More: The New Retirement Problem Boomers Are Facing If you’re feeling unsure how to get rid of debt, control your expenses or simply understand your money, now’s a good time for a financial reset that gets you back on track for financi ...