Personal Finance News
The latest personal finance stories, summarized by AI
Featured Personal Finance Stories

Medicare Excludes These Drugs for Retirees in 2026
The article offers practical tips for retirees to protect and grow their savings, including diversifying investments with gold, working with financial advisors, reducing debt, securing digital assets, and saving on major expenses like insurance and phone plans, along with a bonus on affordable weight-loss medications.

More Personal Finance Stories
Take on the Ultimate Savings Challenge in 2023
Originally Published 11 days ago — by CNN

CNN is launching a 1% savings challenge later this year to help people improve their financial health by encouraging them to save more in an uncertain economy.
Key Money Move Couples Should Make in 2026
Originally Published 13 days ago — by CNBC

The article emphasizes the importance of couples staying actively involved in their finances in 2026, highlighting that shared financial responsibility strengthens relationships and provides security, especially during unforeseen circumstances. It offers practical advice on reviewing finances, establishing regular money discussions, and seeking outside help if needed to foster teamwork and trust around money matters.
Earning $1 Million: The Cost of Setting Boundaries with Loved Ones
Originally Published 14 days ago — by Business Insider

Kimanzi Constable shares how reaching $1 million in wealth led to strained relationships with friends and family, prompting him to set healthy financial boundaries through therapy and ultimately prioritize his mental health and financial future over superficial relationships.
Top Financial Tips and Goals for 2026
Originally Published 15 days ago — by CNBC

The article reviews top personal finance tools to help achieve six financial goals by 2026, including building an emergency fund, managing spending, paying off high-interest debt, raising credit scores, contributing to retirement, and saving for big goals, highlighting apps, strategies, and investment options for each.
Essential Retirement Planning Tips for 2026
Originally Published 15 days ago — by OregonLive.com

A retiree who mistakenly paid taxes on a small 401(k) distribution and later deposited it into a traditional IRA cannot convert it to a Roth IRA without paying taxes again, but can withdraw the excess contribution and earnings before the tax deadline to avoid penalties. The article emphasizes the importance of consulting a tax professional and setting up financial guardrails as one approaches retirement.
Top Money-Saving Tips from Early Retirees in 2025
Originally Published 15 days ago — by Business Insider

Super savers and early retirees in 2025 share innovative money-saving strategies, including leveraging real estate professional status for tax benefits, house hacking to eliminate mortgage costs, disciplined savings habits, negotiation skills, and creative housing arrangements to build wealth faster and achieve financial independence.
Top Strategies to Recover from Holiday Debt in the New Year
Originally Published 16 days ago — by CNBC

The article offers six practical steps for Americans to recover from holiday debt, including assessing the damage, pausing discretionary spending, returning unwanted items, choosing a repayment strategy like the snowball or avalanche method, considering debt relief programs, and working with financial professionals to manage and reduce debt effectively.
8 Money Lessons from My 79-Year-Old Dad on Frugality and Spending
Originally Published 16 days ago — by CNBC

A 79-year-old man's approach to frugality emphasizes values-driven spending, prioritizing time over money, investing in personal growth, avoiding debt, and practicing mindful resource use, illustrating that true wealth is about meaningful living rather than possessions.
Retirement Readiness of 55-64 Year Olds Revealed by Savings Data
Originally Published 17 days ago — by Yahoo Finance

Americans aged 55-64 have an average of $8,000 in savings, with many holding significant assets in retirement accounts and other investments. While their savings are growing with age, experts advise increasing contributions and strategic investments to ensure long-term retirement readiness, especially as retirement can last over 30 years.
$2.8M Powerball Ticket Sold at Chino Hills 7-Eleven
Originally Published 18 days ago — by ABC7 Los Angeles

A Powerball ticket sold at a 7-Eleven in Chino Hills, California, matched five numbers and won $2.8 million, while the $1.8 billion jackpot was not won in Southern California and has reset to $20 million.