Personal Finance

Image source: Getty Images Don't go to the grocery store again without reading this. Key points Generic products are known to be cheaper than name-brand items.Some people prefer name-brands to generics.Finance expert Dave Ramsey says coupons could save you more money on name-brand items than you think. When you go grocery shopping, you…

With bank savings accounts typically yielding 0.33%, it generally doesn’t make sense to stuff any of your money there.Recall that you may want to keep a minimum of six-months spending in a cash account, in case you lose your job or have a medical emergency.Probably the best place to stash cash now is in a money-market fund. For customers of…

This column is part of Advice Week, Slate’s celebration of all things advice. Sometimes, all you need is a different perspective. So this week, our columnists have swapped fields of expertise. In this edition, Doyin Richards, a Care and Feeding columnist, handles your personal finance questions. Dear Care and Feeding, My…

This column is part of Advice Week, Slate’s celebration of all things advice. Sometimes, all you need is a different perspective. So this week, our columnists have swapped fields of expertise. In this edition, Jessica Stoya, a How to Do It columnist, handles your personal finance questions. Dear Pay Dirt, My lovely…

Image source: Getty Images It's a great time to give Sam's Club a try. Key points New members can join Sam's Club right now at 50% off the normal price.The deal is good until Jan. 31, 2023, and you must be a new member to take advantage of the offer. Popular wholesale store Sam's Club is currently offering an incredible deal for new…

Dear Liz: You recently wrote about the capital gains tax implications when someone sells a house they’ve been given, versus one they’ve inherited. Would you elaborate on the estate ramifications for the donor if that person has a large estate? Would their estate pay tax on the gift?Answer: Few people have to worry about either gift or estate…

When it comes to paying taxes, it's popular belief that it's a complicated affair but many assure that it's not that hard at all once you break down the different fundamentals there are and understanding the terminology used by the IRS.For instance, tax returns and tax refunds aren't the same, even though they sound similar, which oftenly makes…

Suriyawut Suriya / Getty Images/iStockphotoIgnorance can be bliss, but when it comes to personal finance, it can also end up costing you a lot of money.See: 4 Reasons You Should Cancel Amazon PrimeRead: 3 Ways Smart People Save Money When Filing Their TaxesFind: How 2023 Recession Will Differ From 2008 and How You Should Prepare…

(Note: Tap here to listen to the episode if the above audio player does not load)Travel is the fastest growing segment of the "buy now, pay later" purchasing trend. It may work for some, but there are some big pitfalls, too.Helping us navigate the scenarios with host Teri Barr is Sally French, a travel expert with NerdWallet, to…

Pay Dirt is Slate’s money advice column. Have a question? Send it to Lillian, Athena, and Elizabeth here. (It’s anonymous!) Dear Pay Dirt, I live in a rental apartment managed by a fairly large local property management company in my small city of Portland, Oregon. I’ve recently gotten a new job and due to the changes in my pay…