Christine Baxter+FollowSt. Louis dreamer’s 401(k) dilemma: Risk or reward?Taking a leap to start a business sounds thrilling, but draining your 401(k) could cost you way more than you think. A St. Louis local wanted to cash out her retirement to open a wedding venue, but Dave Ramsey gave her a reality check: early withdrawals mean heavy penalties and lost future growth—sometimes like borrowing at 40% interest! His advice? Pay off personal debt first, and try partnering with an established winery to share the risk. What do you think: Is it ever worth risking your retirement for a big dream, or is slow and steady the way to go? #Business #MakeMoney #StLouis00Share
cody79+FollowHoliday Spending Hangover: Now What?Anyone else feeling that post-holiday wallet regret? Turns out, a lot of us swiped our way through December and are now waking up to credit card bills that might linger till summer. The real kicker? Those sneaky interest charges can make your gifts way pricier than you thought. Pro tip: Take a quick money inventory and set a simple pay-off plan. New year, new habits—your future self will thank you! #Business #MakeMoney #MoneyHacks00Share
Emily Rogers+FollowHow to Dodge a Big Tax Bill on Retirement MoneyIf you’re nearing retirement and dreading those forced withdrawals from your 401(k) or IRA (aka RMDs), here’s the scoop: the IRS wants its cut, but you’ve got options to keep more cash in your pocket. From rolling over to a Roth IRA to donating to charity or even marrying someone younger (seriously!), there are legit ways to shrink your tax bill. The big shift? More retirees are getting creative to avoid surprise tax hits—so don’t just let the IRS call the shots! #Business #MakeMoney #retirementhacks01Share
cody79+FollowRetirement Checklist: 4 Moves for BoomersThinking about clocking out for good soon? If you’re a Boomer eyeing retirement in the next few years, now’s the time to double-check your money game plan. Make sure you know what you’ll need each month, consider if you want to downsize or move, and dream up your post-work life (hobbies count!). Don’t forget to update your will and make sure your loved ones are covered. Planning ahead means less stress and more freedom to enjoy the good stuff! #Business #MakeMoney #RetirementReady20Share
Joseph Livingston+FollowSocial Security Shake-Up: What’s New in 2026?Heads up if you’re planning your golden years! Social Security is rolling out changes in 2026 that’ll impact your wallet. The annual raise (COLA) is only 2.8%, so your check might not stretch as far at the grocery store. Plus, you’ll need to earn more to qualify for credits, and higher earners will see more taxes taken out. If you’re still working, you can earn a bit more before benefits get docked. Stay alert—these tweaks could mean more budgeting and less splurging on that extra latte! #Business #MakeMoney #SocialSecurity10Share
cody79+FollowDon’t Let Tax Day Sneak Up in 2026!Heads up: 2026 is loaded with tax deadlines that can quietly cost you if you’re not watching the calendar. The big one is April 15 for your 2025 return, but if you freelance, side hustle, or own a small biz, you’ll need to make quarterly payments too. Miss a date, and the IRS could hit you with penalties and interest. Pro tip: Set reminders now, and treat each deadline like a bill you can’t skip! #Business #MakeMoney #TaxTips00Share
Christine Baxter+FollowBanks Are Sneaking in New Monthly Fees—Watch Out!Heads up: Banks are raising the bar for free checking. Starting 2026, you’ll need to keep at least $250 in your account (up from $100) or get hit with a $15 monthly fee. This move is banks’ way of making up for tighter profits, and it could cost you $180 a year just to park your cash. Pro tip: Set up direct deposit or try a digital-only bank to dodge these sneaky charges! #Business #MakeMoney #MoneyHacks10Share
Robyn Anderson+FollowSolar Panels: Worth the Hype or Hidden Fees?Thinking about going solar to cut your energy bills? You’re not alone! One homeowner on Reddit got stuck on the fine print—like lease contracts with sneaky price hikes. The buzz: solar can save you big, but watch out for confusing terms and hidden fees. Pro tip: Shop around, compare offers, and don’t be afraid to negotiate. Some apps even help you score $0-down deals and track your savings. Solar isn’t a scam, but you’ve got to read the details! #Business #MakeMoney #SolarSavings00Share
Emily Rogers+FollowWhere the Wealthy Actually Stash Their CashEver wonder where the well-off keep their money? Spoiler: it’s not just sitting in a regular savings account. With inflation eating away at low interest rates, the upper crust is parking their cash in places like high-yield savings, real estate, and money market funds—think more growth, less sitting idle. The move? Don’t let your money nap in a basic account. Even a small switch to a high-yield savings or brokerage can help your dollars keep up with rising prices. #Business #MakeMoney #MoneyHacks00Share
nkent+FollowDon’t Let the IRS Crash Your Retirement PartyHere’s a quick money tip for your next coffee break: If you (or your parents) are in your 70s and have a retirement account, don’t forget to take out your required minimum distributions (RMDs). Vanguard says a surprising number of retirees are skipping this step, leading to painful tax penalties—sometimes thousands of dollars! The fix? Set up automatic withdrawals or combine your accounts so you don’t miss out. Think of it as putting your retirement on autopilot and avoiding a nasty tax surprise. #Business #MakeMoney #retirement00Share
