The Fed is making new cars something only the wealthy can afford. The Fed has moved the rate by a total increase of 375 basis points this year — a Read more
Tag: afford
This insulin-pump company’s stock is plunging, and executives say it’s because diabetics in U.S. can’t afford the technology
Tandem Diabetes Care Inc. shares plummeted more than 20% after the company reported earnings Wednesday, continuing a decline that has already cost the company two-thirds of its market value this Read more
‘I can’t afford to buy candy for the neighborhood kids’: Does it make me a bad neighbor to turn off the lights on Halloween?
Dear Quentin, I’ve had a horrible year. I had my hours cut back at work, my rent went up for the first time in two years (by 15%, if you Read more
Elon Musk says SpaceX can’t afford to give Ukraine free Starlink access anymore
““Burn is approaching ~$20M/month.”” That was SpaceX CEO Elon Musk explaining that the company cannot fund Starlink services for people in Ukraine in perpetuity because it’s too expensive. In the Read more
Credit Card sign-up bonus: 1 in 3 people ‘spent more than they could afford’
How rewarding are those credit card sign-up bonuses, really? A new survey suggests that some people trying to save money with travel rewards cards end up overspending so that they Read more
I love cool weather and hiking but can’t afford to stay in Oakland — where should I retire in the western U.S.?
I need some advice. I’m a single woman of color looking to retire in about 4 years. I am willing to buy a home but want to stay under $700,000. Read more
My wife and I have $750,000 in savings and earn over $144,000 a year. Can we afford to spend $5,000 per month on housing?
Financial advisers recommend spending no more than 30% of take-home pay on housing. I have always lived by this rule and now have $750,000 in cash savings. But now I Read more
One-third of Americans say they can’t afford therapy as U.S. copes with ongoing mental health crisis
The cost of living is high, finances are tight and Americans are cutting back their spending. In some cases, that means skipping mental-health treatment. A third of Americans have canceled Read more
Do you know the things Medicare doesn’t cover, and will you be able to afford them?
By the time you turn 65, you probably have a good feel for what health insurance does and doesn’t cover. But Medicare is a different beast — and there are Read more