Welcome to the bank of mom and dad. Amid the rising cost of living, ballooning student debt and stagnating wages, it comes as no surprise that Gen Z and millennials are relying on their parents more than past generations. The word “relying” might be an understatement — according to a new report, 50% of parents … Read more
Anything to see Taylor, right? Credit card debt in America has reached an all-time high of $18.04 trillion, according to a Federal Reserve Bank of New York report. And it seems like Gen Z is contributing to that wild number thanks to their concert ticket purchases. According to a Newsweek poll from earlier this month, … Read more
Eat now — pay later. DoorDash is partnering with Klarna — the buy now, pay later company — to offer customers the opportunity to finance their food and other retail purchases. In the coming months, when customers check out, they will be able to choose a payment option when purchasing groceries, other retail goods and … Read more
Bill Maher piled on the insults at Jay Leno’s expense following theories that the legendary late-night host’s recent injuries were the results of his gambling debts. Sitting down for Maher’s “Club Random” podcast, Maher brought up the brutal facial wound that Leno suffered when he fell down a hill while at a hotel in Pennsylvania … Read more
A mom who ended up in $3,762 worth of debt after Christmas now buys gifts second-hand from Facebook Marketplace and Vinted. Katie Tradie, 30, racked up $3,762 worth of debt buying presents for Christmas and birthdays so vowed to cut back five years ago. The mom-of-three now buys 90 percent of the gifts second-hand which … Read more
Unexpectedly high medical bills are common in the United States, but there are ways to get relief. According to the Consumer Financial Protection Bureau, one in five Americans are affected by outstanding medical debt, for a total cost of $88 billion. In a 2022 study, the bureau found that roughly 20% of U.S. households report that … Read more
This bride-to-be might find herself “a loan” at the altar. Bridezillas with champagne tastes can often be inconsiderate of their bridesmaids’ beer budgets. But this foul fiancée seems take the cake, demanding her gal pals take out $20,000 loans to participate in her posh pre-wedding escapades. “Here’s the deal: my wedding is in January 2025 … Read more
Michael Jackson was a whopping $500 million in debt at the time of his death, new court documents reveal. The “King of Pop” died of cardiac arrest caused by “acute propofol intoxication” 15 years ago at the age of 50. The “Thriller” hitmaker owed money to more than 65 creditors at the time of his … Read more
If you need a mortgage, a good credit score, also called a FICO score, is essential—and it’s within your control. In a nutshell, a credit score is a simplified calculation of your history of paying back debts and making regular payments on loans. If you’re borrowing money to buy a home, lenders want to know you’ll pay them back in … Read more
Their savings are getting mono-railed. A new survey found that 45% of parents with kids have been put into debt from their recent Disney trip — the average amount landing them $1,983 in the red. The eye-popping numbers from LendingTree also found that 41% of parents with children regret the financial damage from their vacation … Read more
Confessions of a sleeping shopaholic. One English woman opted out of counting sheep for sleep and instead is adding items to online shopping carts during late-night spending sprees. Kelly Knipes, 42, confessed that she spent more than $3,800 on shopping while snoozing due to a rare sleep disorder. Kelly Knipes, 42, confessed that she shops … Read more
DEAR ABBY: As far as I’m concerned, my marriage is over. For the past 10 years or more, my wife has recklessly spent our joint savings and my pension savings, taken out credit cards in my name without my knowledge and put us through bankruptcy. We now have over $50K in debt with nothing left. … Read more
She’s so boss. When her marketing agency suffered a $65,000 tax debt, Maddy Birdcage fired half of her employees and started from scratch. Birdcage, 34, blamed her own micromanagement. Now, the millennial boss lets her employees make their own schedule and wear what they want — plus, she’s vowed to treat them to private yacht … Read more
Easy come, easy go… MGM Resorts has denied claims that Bruno Mars owes the company $50 million in gambling debt. “We’re proud of our relationship with Bruno Mars, one of the world’s most thrilling and dynamic performers. From his shows at Dolby Live at Park MGM to the new Pinky Ring lounge at Bellagio, Bruno’s … Read more
Sometimes you do what you gotta do. “The Sopranos” star Drea de Matteo claims she paid off her mortgage debt in “five minutes” on OnlyFans after her refusal to get the COVID-19 vaccine left her jobless and with $10 to her name. The 52-year-old spoke to the Daily Mail about reluctantly joining the adult subscription … Read more
Gotta give her credit — a UK self-confessed shopaholic claims she paid off more than $15,000 in debt in two years by practicing zero-based budgeting and cash stuffing. Sarah Bartlett, 37, says she was juggling eight credit cards at one point as she splashed out for theater tickets, clothes, designer handbags, iPhones — even a … Read more
Donna Kelce is known for supporting her sons, Kansas City Chiefs tight end Travis Kelce and Philadelphia Eagles center Jason Kelce — but they’re not the only children she shows support to. Annie’s Barn, a small business in the Kansas City area, caught the 71-year-old’s attention with a coffee mug that said, “It’s Mama Kelce’s … Read more
One man’s trash is another man’s ticket to financial freedom. Clever college grad Kelsey Mikula, 26, found a genius way to pay off a whopping $80,000 in student loans in just three years — by buying and reselling old clothes using sites like eBay. Prowling the aisles at the Salvation Army, Goodwill and other local … Read more
She marked that bill return to sender. Riley Keough is standing her ground against Barclay’s Bank, which seeking to recoup a 2010 loan given to her late mother, Lisa Marie Presley. Presley purchased Coes Hall, an estate in Rotherfield, UK, over a decade ago and the financial institution is allegedly seeking to recoup an outstanding balance of … Read more
Milo Klotzkin decided to skip college and make some real dough. Last spring, he was a senior at Jackson Memorial High in Jackson Township, New Jersey, making solid As and Bs. He was accepted at Monmouth University and planned to attend the private college to study finance with a minor in pre-law. But then, over … Read more