Current:Home > StocksPredictIQ-The Daily Money: Are you guilty of financial infidelity? -ValueCore
PredictIQ-The Daily Money: Are you guilty of financial infidelity?
Chainkeen View
Date:2025-04-07 23:27:17
Good morning and PredictIQwelcome to a new week! This is Betty Lin-Fisher with The Daily Money.
When Ed Coambs was starting his financial therapy practice several years ago, he and his wife agreed to use credit cards to help him get started. But things were tougher than Coambs thought, and soon he was $30,000 in credit card debt instead of their agreed-upon amount of $10,000.
Coambs had committed what is called financial infidelity.
Find out what financial infidelity is and how you can tackle the problem in the latest installment of our Uncomfortable Conversations About Money series.
How much do you really need to retire?
Do you really need a nest egg of $1 million before you can retire?
One prominent economist is debunking the theory of financial experts and saying retirees are doing just fine on way less than a cool million.
Read more about these retirees and how they're managing.
📰 Consumer stories you shouldn't miss 📰
- Is there a break in the housing market?
- See how the economy is going leading into this week's Fed decision.
- Somebody's watching you. Connected cars are collecting data.
- Inflation is causing people to scrimp – and splurge.
- The hidden costs of homeownership are skyrocketing.
🍔 Today's Menu 🍔
Most domestic flights no longer offer free meals, but it's not accurate to say meals aren't served on flights. My colleague Zach Wichter breaks down what is offered on the four major U.S. airlines.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
veryGood! (31)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Who are Sean 'Diddy' Combs' children? Family tree as mogul faces assault claims, raids
- Sean Diddy Combs' LA and Miami homes raided by law enforcement, officials say
- Clive Davis on new artists like Bad Bunny, music essentials and Whitney Houston
- Sonya Massey's father decries possible release of former deputy charged with her death
- DMV outage reported nationwide, warnings sent to drivers with scheduled appointments
- Amor Towles on 'A Gentleman in Moscow', 'Table for Two' characters: 'A lot of what-iffing'
- Struggling private Birmingham-Southern College in Alabama says it will close at end of May
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Geoengineering Faces a Wave of Backlash Over Regulatory Gaps and Unknown Risks
Ranking
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Here’s what we know about the allegations against Shohei Ohtani’s interpreter, Ippei Mizuhara
- Indictment accuses Rwandan man of lying about role in his country’s 1994 genocide to come to US
- Suspect used racial slur before fatally stabbing Walmart employee, 18, in the back, police say
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Jimmer Fredette among familiar names selected for USA men’s Olympic 3x3 basketball team
- Judge issues gag order barring Donald Trump from commenting on witnesses, others in hush money case
- A shake, then 'there was nothing there': Nearby worker details Baltimore bridge collapse
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Texas’ migrant arrest law is on hold for now under latest court ruling
Search for survivors in Baltimore bridge collapse called off as effort enters recovery phase
McDonald's to start selling Krispy Kreme donuts, with national rollout by 2026
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Outrage over calls for Caitlin Clark, Iowa surest sign yet women's game has arrived
Ex-Rhode Island official pays $5,000 to settle ethics fine
Diddy investigated for sex trafficking: A timeline of allegations and the rapper's life, career