Millions of older Americans today collect a monthly paycheck from Social Security. And it’s that money that helps many retirees cover essential bills from food to housing to transportation. In fact, some seniors are so reliant on Social Security that each year, they eagerly await news of a

Image source: Getty Images Inflation is usually the sort of thing that gradually creeps up on people. For example, you might see the cost of your favorite cereal rise from $4.59 a box one year to $4.67 the next year and $4.75 the year after that. But since mid-2021, living costs have been rising

Image source: Getty Images When I became a mom, I knew I’d be taking on not just the logistical and mental task of raising kids, but the financial challenge as well. The most recent USDA data on raising children puts the cost at $233,610 through age 17. But that’s based on 2015 expenditures and a

Image source: Getty Images Some people don’t like the idea of having to pay to shop at a store, and as such, refuse to pay for a Costco membership. But many Costco members find that the savings they’re able to reap via Costco’s low prices more than make up for their membership costs. In fact,

The Social Security cost-of-living adjustment (COLA) is designed to help retirees keep up with rising costs due to inflation. Unfortunately, that doesn’t always work out, and 2024 is shaping up to be another disappointing year for seniors. Retirees have seen their Social Security benefits lose 36%