Dear Quentin, During my 20s, I was broke. I bought my first house and lived alone, stretched to my limits. I had three maxed-out credit cards and lived paycheck to paycheck. Today, I’m in my 40s, married and in a much better financial situation. My 401(k) has done very well …
Read More »The Moneyist: My fiancé wants me off the deed and mortgage to our new home. If I don’t agree, he says we’ll stay engaged forever
Dear Moneyist, My fiancé — or should I say eternal fiancé because he never wants to get married — recently shocked me when he flatly stated that he wants me off the mortgage and deed to our newly purchased waterfront home. We have lived there for a year and pay …
Read More »The Moneyist: My husband, 67, wants to leave his $2 million estate and home to his disabled daughter and his sister’s kids. Can he do that? I could outlive them
Dear Moneyist, My husband is 67 years old with an estate worth $ 2 million. His first wife died. He has a severely handicapped daughter and we signed a prenup when we married three years ago. He has a sister who is a year older than I am. I am …
Read More »Where Should I Retire?: My husband wants to be by the ocean, but I lived through Katrina and love lakes — where can we (semi) retire and rent for $2,000 a month?
Dear MarketWatch, I am really hoping you can help us because we are eager to move, but not sure where. I am 49 and my husband is 45, and I’ve diligently saved so I can semi-retire and spend time with family and travel. Presently we live in New Orleans in …
Read More »The Moneyist: Our building is tipping staff 25% extra due to COVID-19. My husband wants to maintain this in 2021. I disagree. What should we do?
Dear Moneyist, I am an Upper East Side wife and mother with two children. The residents of our building have agreed to tip our doormen, super and two gardeners who tend to our common areas 25% more this holiday season because of the COVID-19 pandemic. We usually give $ 200 …
Read More »The Moneyist: My wife wants to pay for her sister’s $25K wedding. My future brother-in-law is blue collar — and earns more money than me
Dear Moneyist, Honestly, I can’t believe I’m writing this but here we go. My wife and I are in our 30s and have two young children. She is a stay-at-home mom. I am a resident physician who currently makes about $ 60,000 per year, but this will markedly increase next …
Read More »: Joe Biden wants a $15 minimum wage — here’s what’s standing in his way
President-elect Joe Biden promised to raise the federal minimum wage to $ 15 an hour. It has been $ 7.25 an hour since 2009. Joe Raedle/Getty Images Florida, a state which President-elect Joe Biden did not win, voted in favor of achieving one of his campaign promises to raise its …
Read More »The Moneyist: ‘I’m beyond hurt’: I took care of my mom for 12 years. She wants my sister to take over and does not want to leave me her house
Dear Moneyist, I love my mother very much. I have been living with my elderly mom for the past 12-13 years. Taking her to doctors appointments and shopping for her. Over the last 6-8 years she is suffering with heart and breathing issues so the care has been much more …
Read More »: The world’s biggest sovereign-wealth fund wants to rid itself of poor ESG performers
Nicolai Tangen, CEO of Norges Bank Investment Management, which runs Norway’s oil fund. hakon mosvold larsen/Agence France-Presse/Getty Images The boss of Norway’s $ 1 trillion oil fund has said it should sell out of more companies that perform badly on environmental, social and governance (ESG) issues, to increase its returns. …
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