It can feel like there's always a sale happening. Right now, shoppers are being bombarded with promotions from Amazon Prime Day, Walmart Deals and other summer sales events, all promising big discounts and limited-time offers. But just because something is on sale doesn't mean it's the best time to buy.

Many of the biggest savings happen when retailers are clearing out seasonal inventory, making room for new models or trying to boost sales during slower shopping periods. That's why timing can matter just as much as the item you're purchasing. Buying a refrigerator during a major holiday sale, waiting until the end of summer for patio furniture or shopping back-to-school promotions for electronics can often lead to bigger discounts than shopping during a headline-grabbing sales event.

Instead of focusing on a single shopping holiday, it helps to look at the retail calendar as a whole. Certain products tend to go on sale at the same times every year, making it easier to plan larger purchases and avoid paying full price. Here's a month-by-month guide to some of the best times to buy household goods, electronics, seasonal items and more throughout 2026.

January

Best buys: TVs, fitness equipment, gym memberships, bedding, towels, linens, holiday décor and winter clearance items

January is one of the strongest months for bargain hunters. Retailers heavily discount TVs ahead of the Super Bowl as shoppers upgrade their home entertainment setups. You’ll often find markdowns on large-screen TVs, soundbars and streaming devices throughout the month.

Fitness equipment and gym memberships also go on sale as companies capitalize on New Year’s resolutions. Expect deals on treadmills, weights, exercise bikes and fitness subscriptions.

January is also prime time for clearance shopping. Holiday décor, wrapping paper and winter seasonal items are deeply discounted after Christmas. Many department stores also hold traditional "white sales," which focus on bedding, towels and linens.

February

Best buys: Mattresses, furniture, appliances, winter apparel and winter sports gear

February is one of the best months to find deals on big-ticket household purchases thanks to Presidents Day sales. Mattress retailers often compete aggressively during the holiday weekend, offering deep discounts, free delivery and bundle deals that can rival some of the best promotions of the year.

Furniture stores also begin clearing older inventory to make room for new spring collections. If you're shopping for a sofa, dining table, bedroom set or other large furniture purchase, February can be a good time to buy before new styles arrive and prices reset.

You'll also find growing clearance sales on winter clothing, boots and cold-weather gear as retailers shift their focus to spring merchandise. Ski, snowboard and other winter sports equipment may also be marked down as the season winds down.

March

Best buys: Vacuums, carpet cleaners, storage and organization products, tax software, and lawn and garden supplies

March is a strong month for home organization and cleaning deals as retailers lean into spring-cleaning season. Shoppers can often find discounts on vacuums, carpet cleaners, storage bins, shelving units and other products designed to help tackle household projects after winter.

Tax software providers also frequently offer promotions as the filing deadline approaches, particularly on basic and DIY filing packages. If you haven't filed yet, March can be a good time to compare pricing and take advantage of limited-time discounts.

You'll also begin to see early-season deals on lawn and garden supplies before demand peaks later in the spring. Purchasing outdoor tools, hoses, planters and gardening essentials early may help you avoid higher prices later in the season.

April

Best buys: Airfare, hotel stays, smartphones, tech devices, luggage, outdoor gear and camping equipment

April can be a surprisingly good month for travel deals. As part of the spring shoulder season — the period between winter travel and peak summer vacation demand — travelers may find lower airfare and hotel rates, especially if their plans are flexible.

It's also a good time to shop for slightly older smartphones and tech devices. Retailers sometimes offer discounts on existing models ahead of anticipated summer and fall product launches, creating opportunities to save without sacrificing many features.

Outdoor gear, luggage and camping equipment can also be attractively priced before summer demand ramps up. Buying early may help you avoid the higher prices that often arrive closer to peak travel and camping season.

May

Best buys: Appliances, patio furniture, grills and mattresses

May is one of the best shopping months of the year thanks to Memorial Day sales. Large appliances, including refrigerators, washers, dryers and dishwashers, often see significant discounts as retailers make room for newer inventory arriving later in the year.

Patio furniture and grills are also heavily promoted ahead of the summer entertaining season. While the deepest clearance prices typically arrive at the end of summer, May sales can still offer strong value while providing a broader selection of styles and models.

Mattresses remain another major Memorial Day sale category, giving shoppers a second opportunity to find deals after Presidents Day promotions.

June

Best buys: Tools, grills, lawn equipment, home improvement products, cookware, small kitchen appliances and fine jewelry

June offers a mix of seasonal promotions and holiday sales that can create savings opportunities across several categories. Father's Day sales often drive discounts on power tools, lawn equipment, grills and garage organization products, making it a good time for homeowners and DIY enthusiasts to shop.

The month is also closely tied to wedding season, prompting retailers to offer deals on cookware, small kitchen appliances and fine jewelry as they target gift buyers and newlyweds. If you're furnishing a kitchen or replacing household essentials, June sales can provide opportunities to save.

In recent years, June has also become a major month for online shopping events. Retailers such as Amazon, Walmart and Best Buy frequently launch summer sales and competing deal events ahead of peak back-to-school and holiday shopping seasons. While timing varies from year to year, shoppers may find discounts on electronics, smart-home devices, laptops, TVs and everyday household items throughout the month.

July

Best buys: Electronics, laptops, tablets, TVs, smart-home devices, furniture, mattresses and summer apparel

July has become one of the biggest shopping months of the year thanks to major mid-summer sales events. Retailers compete aggressively for shoppers' attention, creating opportunities to save on electronics, tech products and smart-home devices. Laptops, tablets, headphones, TVs and other popular gadgets are frequently among the most heavily discounted categories.

Fourth of July sales can also bring strong deals on furniture and mattresses as retailers use the holiday weekend to attract shoppers making larger household purchases.

By mid- to late July, many stores begin marking down summer clothing, footwear and seasonal apparel to make room for incoming fall inventory. Shoppers who don't need the latest styles can often find some of the season's best clothing discounts during this transition period.

August

Best buys: Laptops, tablets, office furniture, dorm essentials, desks, office chairs, organizational products, summer apparel and jewelry

August is one of the best months to shop for back-to-school deals. Retailers frequently discount laptops, tablets, printers and other technology products while offering bundles that include accessories, software or student-focused incentives.

The back-to-school shopping season also creates savings opportunities on office furniture, including desks, office chairs and organizational products. Even shoppers who aren't students can often benefit from these promotions when setting up a home office or workspace.

Meanwhile, summer clothing and seasonal apparel typically move deeper into clearance as retailers prepare for fall merchandise. Some jewelry categories, including engagement rings, may also see softer pricing before demand begins to increase ahead of the holiday shopping season.

September

Best buys: Vehicles, grills, patio furniture, gardening tools and appliances

September can be an excellent time to shop for a vehicle. As dealerships begin making room for next year's inventory, outgoing model-year vehicles may be discounted to encourage sales. End-of-quarter sales goals can also create opportunities for buyers to negotiate more aggressively on price, financing or trade-in offers.

It's also one of the best months to find clearance deals on outdoor living products. Grills, patio furniture, gardening tools and other seasonal items are often heavily marked down as retailers shift their focus to fall and holiday merchandise.

Appliances may also see promotional pricing during September as manufacturers and retailers prepare for new model introductions and year-end sales events.

October

Best buys: Lawn equipment, camping gear, outdoor recreation products and post-Halloween clearance

October is a transitional shopping month that can offer overlooked bargains for shoppers planning ahead. As colder weather approaches in many parts of the country, retailers often begin clearing out lawn equipment, camping gear and outdoor recreation products to make room for winter inventory.

Some retailers also start rolling out early holiday promotions on electronics, home goods and seasonal gifts ahead of the major shopping events that arrive in November. While the biggest deals may still be weeks away, October can provide opportunities to buy before inventory becomes limited.

One of the best savings opportunities comes immediately after Halloween. Costumes, decorations, party supplies and seasonal candy are often marked down significantly as retailers clear remaining inventory. Shopping post-Halloween sales can be a smart way to stock up on costumes for future school spirit weeks, themed work events and next year's celebrations at a fraction of the original price.

November

Best buys: TVs, laptops, gaming systems, smart-home devices, small appliances, streaming services and holiday gifts

November remains the heavyweight champion of shopping deals. Black Friday and Cyber Monday continue to deliver some of the year's best discounts on TVs, laptops, gaming systems, smart-home technology and small appliances. Retailers often compete aggressively in these high-profile categories to attract shoppers and drive traffic.

Holiday gifts, kitchen gadgets, coffee makers, air fryers and other popular household products also see widespread promotions throughout the month. Many retailers extend sales well beyond Thanksgiving weekend, giving shoppers more opportunities to compare prices and avoid the rush.

November is also one of the best times of the year to save on streaming services. Providers frequently offer limited-time promotions on both new and returning subscriptions, making it a good month to lock in discounted rates on entertainment services for the year.

Despite the abundance of deals, not every sale represents a true bargain. Comparing prices ahead of time, using price-tracking tools and sticking to a shopping list can help shoppers avoid impulse purchases during the year's biggest sales events.

December

Best buys: Vehicles, holiday décor, toys, winter apparel, storage containers and travel bookings

December can offer surprisingly strong savings opportunities, especially for car buyers. As dealerships work to hit month-end, quarter-end and annual sales goals, shoppers may find some of the year's best opportunities to negotiate pricing on new vehicles.

After Christmas, retailers begin clearing out holiday inventory, leading to steep markdowns on decorations, wrapping supplies, toys, gift sets and seasonal merchandise. Winter apparel may also see discounts as stores look ahead to spring inventory.

Post-holiday clearance sales can be an especially good time to buy storage totes, ornament organizers and other storage solutions. Purchasing these items after Christmas can help you protect holiday decorations and family keepsakes while paying a fraction of peak-season prices.

December can also be a smart time to start planning next year's travel. Booking flights, accommodations and other travel arrangements early, particularly for popular summer vacation periods, may help travelers secure lower prices before demand increases in the months ahead.

The best strategy isn't always buying immediately

Retailers often rely on urgency and impulse buying to drive sales, but many products follow predictable discount cycles throughout the year.

Waiting a few weeks — or even a few months — for the right sales window can significantly reduce the cost of major purchases without sacrificing quality. Whether you're shopping for a new TV, appliance, mattress or vehicle, buying at the right time can lead to savings.

If you're looking to stretch your budget in 2026, timing your purchases strategically may be one of the simplest and most effective ways to save money.

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Tipping has always been part of everyday life, whether you're dining out, getting a haircut or ordering food delivery. But in recent years, you may have noticed that tip prompts seem to be appearing in more places than ever before.

At the same time, inflation has pushed up the cost of restaurant meals, personal services and other everyday expenses. That means even when you're leaving the same percentage tip you always have, the dollar amount is often higher simply because the bill is higher.

The result is that many people are taking a closer look at their tipping habits and wondering what's expected, what's optional and how to be generous without stretching their budget too thin. Some services still have well-established tipping norms, while in other situations, gratuities are entirely up to the customer. Understanding the difference can help you make confident decisions the next time you're faced with a payment screen asking for an extra 20% or more.

Here's a practical guide to who to tip, how much to tip and when it's perfectly reasonable to skip the extra charge.

The services where tipping is still expected

Today, customers are being asked to tip almost everywhere. Digital payment screens now appear at coffee shops, bakeries, food trucks, self-checkout counters and even some retail stores.

Shoppers and media outlets began using the term "tipflation" to describe the combination of rising prices, higher suggested gratuities and tip requests appearing in more everyday transactions. Meanwhile, workers in many service industries continue to rely on tips as a significant part of their income.

While tipping norms continue to evolve, there are several situations where gratuities remain an established part of compensation.

Places where tipping is optional

Not every tip prompt requires a tip. Many people encounter gratuity requests in situations where tipping was uncommon just a few years ago, including:

• Coffee shops
• Frozen yogurt shops
• Retail checkout counters
• Self-service kiosks
• Grab-and-go food counters
• Convenience stores

In these situations, tipping is usually optional rather than something customers are expected to do. That doesn't mean you should never tip.

If a barista remembers your order, prepares a complicated custom drink or provides exceptional service, leaving a dollar or two can be a thoughtful gesture. Likewise, if a worker goes above and beyond to help you, a small gratuity may be appropriate.

However, customers shouldn't feel obligated to leave 20% simply because a payment screen suggests it. If there is little or no personalized service involved, selecting "No Tip" or entering a smaller custom amount is perfectly reasonable.

Should you tip on the pre-tax amount or total bill?

Traditional etiquette suggests calculating tips based on the pre-tax subtotal rather than the final amount after sales tax. While many people tip on the total bill because it's easier, tipping on the subtotal avoids paying a gratuity on taxes as well.

In the example below, tipping 20% on the pre-tax bill results in a $16 tip, while tipping 20% on the total bill results in a $17.60 tip.

Restaurant bill:

• Food and drinks: $80
• Sales tax: $8
• Total bill: $88

The difference isn't enormous on one meal, but it can add up over time.

Either method is acceptable, but tipping on the pre-tax subtotal aligns with traditional etiquette guidelines.

How inflation changes the math

One reason tipping feels more expensive today is that menu prices and service costs have increased significantly. Consider a restaurant meal that cost $50 in 2020. A 20% tip would have been $10.

Now imagine that same meal costs $70 in 2026 due to higher food, labor and operating costs. A 20% tip jumps to $14. The tipping percentage hasn't changed, but you're spending 40% more because the underlying bill is higher.

That's one reason many diners feel stretched. They're paying more for the meal itself and more for the gratuity attached to it.

Inflation and higher suggested tip percentages have combined to create what many describe as tipping fatigue. At the same time, workers are also facing higher living costs, creating tension on both sides of the transaction.

What to do when the payment screen starts at 25%

Many modern payment systems now display suggested tip options of 20%, 25% or even 30%. Seeing those numbers can make consumers feel pressured to spend more than they planned.

The good news is that you almost always have another option.

Most digital payment systems include a "Custom Tip" button that allows you to enter your own amount. If your personal standard is 15% or 18%, you can simply select a custom gratuity instead of choosing the suggested options.

A quick way to estimate a tip:

• 10% = move the decimal one place left
• 20% = double the 10% amount
• 15% = calculate 10% and add half of that amount

For example:

• $50 bill
• 10% = $5
• 20% = $10
• 15% = $7.50

Experts generally agree that customers shouldn't feel guilty for choosing a reasonable gratuity that fits their budget and aligns with the level of service received.

Create your own tipping rules

One of the easiest ways to reduce tipping stress is to establish personal guidelines before you're standing at the register.

You might decide:

• Always tip 20% at sit-down restaurants.
• Tip food delivery drivers at least $5 or 15%.
• Leave $1 at coffee shops for custom orders.
• Skip tips at self-service kiosks.
• Tip more during bad weather or when service exceeds expectations.

You can also create a monthly "tipping budget" just as you would for dining out or entertainment expenses.

Having a plan helps remove the guilt and uncertainty that many feel when confronted with endless tipping prompts. Instead of reacting to pressure on a screen, you're simply following rules that fit your finances and values.

Tipping doesn't have to be stressful

Tipping culture continues to evolve, but customers don't have to feel obligated to tip everywhere they're asked.

A practical approach is to prioritize workers who traditionally rely on gratuities, understand where tipping is optional and set personal guidelines that fit your budget. With inflation continuing to strain household finances, consistency matters more than giving in to every suggested tip screen. In these cases, it's perfectly reasonable to decide your tip amount based on your budget and the experience you had.

Need help building a financial plan? Use the tool below, powered by Bankrate, to connect with a financial professional who will help you reach your financial goals.

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The 2026 U.S. Open is officially underway at historic Shinnecock Hills Golf Club, though players got a later-than-expected start after heavy fog delayed first-round tee times by about two hours Thursday morning.

The weather could remain a major storyline throughout the championship, with tournament officials monitoring the potential for storms and wind gusts of up to 40 mph. If conditions worsen, Shinnecock's fast greens, thick rough and exposed layout could make one of golf's toughest tests even more demanding.

Defending champion J. J. Spaun returns after capturing his first major title last year, while world No. 1 Scottie Scheffler arrives looking to complete the career Grand Slam. Other contenders include Rory McIlroy, Bryson DeChambeau, Jon Rahm and Xander Schauffele. If you're planning to tune in this weekend, here's everything you need to know about the TV schedule and streaming options.

2026 U.S. Open TV schedule

Golf fans can follow every round of the 2026 U.S. Open on NBC, USA Network, Golf Channel and Peacock, with coverage beginning each morning and continuing into the evening.

How to stream the 2026 U.S. Open without cable

If you don't have a traditional cable package, several live TV streaming services carry NBC and USA Network, while Peacock offers additional tournament coverage.

Here's how the major streaming options compare on price, channels and free trial availability.

How to watch the U.S. Open while traveling

If you'll be away from home during the tournament, you may find that some streaming services offer different content depending on your location. That can make it harder to access the channels or subscriptions you normally use.

One option for travelers is a virtual private network (VPN). A VPN creates a secure connection and can let you use the internet through a server in a different location, helping protect your privacy when using public Wi-Fi and potentially allowing access to services tied to your home account.

If you're considering a VPN, be sure to review the streaming service's terms of use. Most VPN providers make setup straightforward, typically requiring you to download an app, sign in and choose a server location before connecting.

New to VPNs? Getting started is relatively simple:

• Choose a VPN service, such as Nord VPN, and follow the setup instructions
• Select a server location that matches your home country
• Open your streaming app and log in as usual

Whether you're tuning in to watch Scheffler chase history, McIlroy pursue another major championship or see if Spaun can successfully defend his title, there will be plenty of drama at Shinnecock Hills.

With coverage spread across NBC, USA Network and Peacock, golf fans have multiple ways to follow every round of the 2026 U.S. Open.

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• Want to Save on Streaming? Here are 9 Ways to Do So
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We test and review VPN services in the context of legal recreational uses. For example:1. Accessing a service from another country (subject to the terms and conditions of that service).2. Protecting your online security and strengthening your online privacy when abroad.We do not support or condone the illegal or malicious use of VPN services. Consuming pirated content that is paid-for is neither endorsed nor approved by Future Publishing.

Straight Talk may not offer specific senior phone plans, but the prepaid mobile service provider may be an appealing option for seniors.

When you sign up for Straight Talk, you pay for a 30-day phone plan. There are no long-term contracts, and the plans are simple and straightforward. Straight Talk is owned by Verizon, so the plans operate on Verizon’s networks. The mobile provider offers everything from basic, affordable single-line plans to plans that include perks like high-speed and hotspot data.

Let’s take a look at how Straight Talk’s plans stack up against senior phone plans from other providers.

How Straight Talk compares with senior plans from T-Mobile, Verizon and AT&T

Straight Talk’s Silver Unlimited plan is $45 per month for one line, and it’s been the same price since 2009.

It includes unlimited data, talk and text, as well as other perks like international calling and texting to Canada and Mexico, as well as 10 GB of hotspot data. Available at Walmart, this unlimited plan is a solid option for moderate to heavy phone users, but it’s also affordable enough to be a practical choice for seniors who want a simple plan without the obligation of a contract.

AT&T and T-Mobile offer senior phone plans that are comparatively priced, but these plans are limited to customers who are age 55 or older, and taxes and fees are extra. Those plans also require contracts, making signing up a bit more complex, since a credit check may be necessary.

Contract plans may also have early termination fees, activation or upgrade fees, penalty charges for late payments and other fees, so it’s important to carefully read the contract before signing up for a plan.

From flip phones to smartphones: Which phones work with Straight Talk?

Phone choice is often as important as the plan, since you need to be comfortable using your phone. Straight Talk offers a choice of many different types of phones, including smartphones and flip phones, so think carefully about how you’re likely to use your phone most often and what types of features are most important to you in a phone.

Unlike phone contracts, which often include a free phone, Straight Talk’s phones are prepaid. You’ll want to consider your budget as you shop these different phone options:

• Basic flip phones: Basic flip phones may be all you need for calling and limited texting. For those who prefer a traditional flip phone, the TCL Flip 3 is available from Straight Talk for $29.99 at the time of writing.
• Larger-screen smartphone: A larger-screen smartphone may be easier to read and use, but it’s also likely to be more expensive than a flip phone. A smartphone may be ideal if you’ll be frequently texting or want to be able to easily take and share photos. Shoppers looking for a larger display may want to consider the Moto G Power (2026), which features a 6.8-inch screen and is currently available through Straight Talk for $149.99.
• Motorola Moto G series phones: The Motorola G series includes budget and mid-range cell phones that often include desirable features like extended battery life, powerful cameras and fast charging capabilities. For budget-conscious shoppers, the Moto G (2026) is available from Straight Talk for $79.99 at the time of writing.
• Samsung Galaxy A series: The Samsung Galaxy A series smartphones tend to deliver an excellent value. They include entry-level and mid-range phones with features like extended battery life, multi-lens cameras and 5G connectivity. Straight Talk currently offers the Samsung Galaxy A17 5G for $99.99, with qualifying customers able to get the phone free when activating a new line on a Silver Unlimited plan or higher.
• Apple iPhones: A premium option, Apple iPhones are known for their sleek design, advanced features and strong performance. Straight Talk is currently offering discounts on the iPhone 16e (128GB), with prices starting at $199 for customers who activate a qualifying Silver Unlimited plan.
• Bring your own phone: You may be able to bring your own phone to Straight Talk. Compatible phones include most unlocked devices or phones from AT&T or T-Mobile. You can use the compatibility checker to make sure your phone is eligible.

Is Straight Talk worth it for older adults?

With its straightforward, competitive pricing, Straight Talk may be a good fit for budget-conscious retirees and individuals who want to avoid contracts. Occasional smartphone users may find Straight Talk to be a good choice, especially if they’re looking to save money and don’t want or need all of the extras that come with contract unlimited cell phone plans, like streaming services and international data.

While there are many advantages to Straight Talk, the mobile provider has its drawbacks. There is no dedicated senior support program, so consider whether you’re comfortable getting support online or by phone. You may be able to get help with activating your phone or basic troubleshooting at your local Walmart.

Additionally, Straight Talk doesn’t offer any age-based discounts, so it’s still important to shop around and compare plans to make sure you’re getting the best deal for the service you need and want.

Should seniors consider Straight Talk?

Straight Talk doesn’t offer any dedicated senior phone plans, but the low-cost pricing, no-contract service and broad phone selection may appeal to older adults who want to save on their wireless phone bill. The mobile provider offers several appealing perks, though it’s important to weigh downsides, like the lack of in-person support.

The best phone plan isn’t always a senior plan. For many retirees, the right choice comes down to finding a plan and a phone that fit their needs and budget.

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You've probably heard the saying, "What you post online is forever." But that is becoming less true as privacy laws give consumers more control over their personal information.

Earlier this year, California launched its Delete Request and Opt-out Platform (DROP), a first-of-its-kind tool that allows residents to submit a single request to have their personal information removed from hundreds of registered data brokers. The platform is the latest step in the state's broader effort to give consumers more control over how their data is collected, sold and shared online.

The shift comes at a time when concerns about online privacy are growing. From people-search websites to AI-powered data collection, personal information is easier to find than ever — and scammers are finding new ways to use that data against consumers.

Your personal information is likely already online

While California's DELETE Act and DROP platform apply only to California residents, privacy advocates see them as part of a broader national trend toward stronger consumer privacy protections and greater transparency around personal data collection. California has often led the way on privacy regulations, and similar laws have been proposed or enacted in other states.

Connecticut recently expanded its own privacy protections, with Gov. Ned Lamont signing legislation that strengthens the state's consumer data privacy law. The measure gives residents additional rights over their personal information and places new restrictions on how companies collect, use and share data.

While it does not create a centralized deletion system like California's DROP platform, the law reflects a growing trend among states to give consumers more control over their digital footprint and hold companies more accountable for data practices.

The law also highlights a larger reality: personal information is collected, stored and shared on a massive scale. Even if you've never posted your address, phone number or other details online yourself, that information may already exist in databases maintained by data brokers, marketing firms and people-search websites.

Your personal information may already be online, thanks to technology and services that actively gather, store and share data, including:

• People-search sites: People-search sites, like Whitepages, pull data from public records, including voter registration and social media profiles. The sites store that information, so with a simple search, individuals may be able to access your mailing address, phone number, email address and more.
• Marketing databases: Marketing databases purchase information gathered from your app usage and online shopping activities. Then, these databases sell the information to brokers looking to target their advertising to consumers.
• Public records: Thanks to the internet, searching public records is easy. Individuals can look up personal information like your mortgage and deed documents, divorce proceedings, court cases and more.
• AI scraping: AI scraping, or using bots to extract data from websites, has made it even easier for sites to collect your digital data.

Why data privacy suddenly feels more urgent

Data privacy and being able to delete personal information feels more urgent today than ever before, and with good reason – cyberthreats use this information to target individuals with increasingly believable and deceptive scams.

AI scams use technology like deepfakes and voice cloning to create personalized and seemingly urgent situations to trick victims. For example, you might receive a call that seems to come from your daughter begging for financial help because she’s stranded while traveling or needs bail to get out of jail.

Scammers are also using AI to create targeted phishing and fraud attempts. The technology can create highly polished emails that are believable, since they incorporate personal information pulled from your social media or a data breach. These emails trick you into clicking a link that might trick you into sending money or infect your device with malware.

Phishing can also help scammers gather important personal information about you, and they may be able to use that information to trick your mobile carrier into transferring your phone number to a new SIM card that they own. The scammer can then access your calls and texts. Even more damaging, a scammer may be able to access accounts using your SMS multi-factor authentication, locking you out of those accounts and potentially stealing money and more information.

Your online personal information can do more damage than you might think, and criminals are finding new ways to use the information for theft.

How states are expanding consumer privacy rights

The United States does not have a single comprehensive federal privacy law. Instead, privacy protections are governed by a patchwork of federal, state and industry-specific regulations.

While federal laws cover certain types of data and organizations, such as healthcare providers and credit reporting agencies, states have increasingly taken the lead in expanding consumer privacy rights. California remains one of the most aggressive states in this area, but it is not alone. States including Colorado, Connecticut, Virginia, Texas and Oregon have enacted comprehensive privacy laws that give consumers greater control over how companies collect, use and share personal information.

California has gone a step further with laws such as the California Consumer Privacy Act, the California Privacy Rights Act and the DELETE Act, which are designed to give consumers more visibility into and control over their personal data.

While privacy rights vary significantly by state, the overall trend is toward stronger consumer protections and greater accountability for companies that collect and sell personal information.

How to start removing your data from the internet

Even if your state lacks protections like the DELETE Act, there are still several steps that you can take to remove your data from the internet:

• Google yourself: Start with a Google search and see what information you find when you Google your name. Make a list of sites or information that you want to remove and consider contacting those sites individually to request to have your information removed.
• Opt out of people-search sites: If your Google search reveals listings on people-search sites, you can request to have your information removed from those sites. You’ll need to go to each site and find the opt-out request option, which is usually in the site’s footer. Submit that request and your information should be removed, though the amount of time before the information is deleted may vary.
• Remove unused accounts: Take the time to delete any unused accounts, like old email addresses, accounts with financial institutions you no longer use and old social media accounts. Deleting the accounts can help prevent hackers from being able to access your information.
• Turn on multifactor authentication: Make sure to turn on multifactor authentication for all of your accounts when it’s available. This is particularly true for financial accounts, email addresses, shopping accounts and any other accounts a hacker could use to access sensitive information. Multi-factor authentication is a simple and user-friendly way to significantly boost your security and keep your account safe.
• Freeze your credit: If you haven’t done so already, freeze your credit with all three credit bureaus – Equifax, Experian and TransUnion. You’ll need to freeze your credit with each bureau individually, and you can temporarily unfreeze your credit whenever you need to apply for a mortgage, loan, new credit card or other form of credit. Scammers won’t be able to open a new credit line while the freeze is active.  
• Review privacy settings: Review the privacy settings on your accounts. Privacy settings on apps may allow your device to track your behavior while using your phone, while privacy settings in social media may expose more information than you want the public to be able to access. Take the time to review your settings and make sure you’re limiting tracking and restricting information that’s shared publicly.

Should you pay for a data removal service?

Services like DeleteMe and Incogni scan the internet for your information and then file removal requests on your behalf. They may save you time compared to the process of manually opting out of search sites, but their results may also be limited.

According to CNET, since data brokers share and sell data, it’s possible that your information will keep being shared. Plus, data removal services can’t legally delete public records and they can’t remove information that you’ve posted on social media, so data brokers may continue to scrape and share your data.

Paying for a data removal service may help save time by automating the process of finding and submitting opt-out requests to data brokers and people-search sites. While no service can completely erase your online footprint, ongoing monitoring can help keep personal information from reappearing as data is resold and shared among brokers.

If protecting your privacy is a priority, the recurring cost may be worth the added convenience and peace of mind. Before subscribing, consider the service's cost, the types of information it can remove and whether the benefits align with your privacy goals.

Can you really erase your information from the internet?

Protecting your privacy online is no longer just about limiting what you share on social media. Personal information is collected, stored and sold through a complex network of data brokers, websites and online services, often without your knowledge.

Whether you choose to submit removal requests yourself, use a data removal service or simply tighten your privacy settings, taking steps to reduce your digital footprint can help limit your exposure to scams, identity theft and unwanted tracking.

The internet may never completely forget, but you now have more tools to decide what information about you remains online.

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The 2026 FIFA World Cup is underway, with 104 matches taking place across the United States, Canada and Mexico in the tournament's largest format ever.

The competition runs through July 19, with English-language coverage airing on FOX, FS1 and FOX One, while Spanish-language broadcasts are available on Telemundo, Universo and Peacock.

Whether you're following Team USA's path through the group stage, defending champions Argentina or tournament favorites such as Brazil and Spain, there are several ways to watch every match live. Here's what you need to know.

Where to watch the 2026 FIFA World Cup

In the United States, English-language broadcasts are available on FOX, FS1 and the new FOX One streaming service.

Spanish-language coverage is available on Telemundo, Universo and Peacock.

The prices listed above reflect each service's standard monthly rate. Depending on when you subscribe, you may qualify for a free trial, introductory pricing or a limited-time promotion, so it's worth checking current offers before signing up.

For viewers looking to watch every World Cup match in English without paying for a full live-TV bundle, FOX One may be one of the most affordable options. The service carries matches airing on FOX and FS1 and costs $19.99 per month, making it possible to follow the entire tournament for little more than a single month's subscription.

Another low-cost option is a digital over-the-air antenna. Many marquee World Cup matches, including games airing on your local FOX station, can be watched for free after a one-time equipment purchase. However, reception varies based on factors such as your location, terrain and distance from broadcast towers, so access isn't guaranteed in every area.

You'll also need a cable, satellite or streaming subscription to watch matches that air exclusively on FS1.

How to watch the World Cup while traveling

Planning to watch the World Cup while traveling? Some platforms limit content based on your location, which could affect how you watch matches away from home.

To maintain access to eligible streaming subscriptions, some travelers use a virtual private network (VPN). A VPN encrypts your internet connection and routes it through a server in another location, providing an added layer of privacy and potentially helping you access services associated with your account while traveling.

New to VPNs? Getting started is relatively simple:

• Choose a VPN service, such as Norton VPN, and follow the setup instructions
• Select a server location that matches your home country
• Open your streaming app and log in as usual

Team USA schedule

As a host nation, the United States automatically qualified for the 2026 FIFA World Cup and opens group play against Paraguay before facing Australia and Türkiye in Group D. The top teams from each group advance to the knockout stage, where the tournament shifts to single-elimination play.

All times and channels are subject to change.

2026 FIFA World Cup schedule

The 2026 FIFA World Cup runs from through July 19 and features 104 matches across the United States, Canada and Mexico.

Listing every match would be overwhelming; the schedule below highlights the key dates for each stage of the tournament, from the group stage through the World Cup Final.

Catch every moment of the 2026 FIFA World Cup

The 2026 FIFA World Cup offers more matches than ever before, but watching doesn't have to mean paying for an expensive cable package.

Whether you choose FOX One, a live TV streaming service or a combination of an antenna and streaming subscription, there are several ways to follow the tournament while keeping costs in check. Compare your options before kickoff to find the best fit for your budget and viewing habits.

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We test and review VPN services in the context of legal recreational uses. For example:1. Accessing a service from another country (subject to the terms and conditions of that service).2. Protecting your online security and strengthening your online privacy when abroad.We do not support or condone the illegal or malicious use of VPN services. Consuming pirated content that is paid-for is neither endorsed nor approved by Future Publishing.

If you've been shopping for insurance recently, you might have come across an offer from your alma mater. Many colleges and universities partner with insurance companies or affinity marketing organizations to offer insurance products to graduates, often positioning them as exclusive alumni benefits.

Depending on the school, these programs might offer access to life, health, travel, long-term care, auto or even pet insurance. The coverage is typically provided by a third-party insurer, but the university's branding and alumni connection can make the offer stand out from the other insurance advertisements competing for your attention.

These programs can be worth considering, but it's important to look beyond the school logo before signing up. As with any insurance purchase, you'll want to compare coverage, costs and policy features against other options on the market. Understanding how alumni insurance programs work and why universities offer them can help you decide whether the coverage is a genuine value or simply another marketing partnership.

What types of insurance do alumni programs offer?

Most alumni insurance programs don't offer one type of coverage. Depending on the university and its insurance partners, graduates might have access to a range of products, including life, auto, home, renters, travel, long-term care and pet insurance.

The offerings vary widely from school to school. For example, the Penn State Alumni Association partners with insurers to provide alumni access to auto and home insurance options. Meanwhile, the Columbia Alumni Association offers several life insurance products, including traditional group term life insurance and level term coverage designed to provide a fixed benefit for a set period.

Some schools offer an even broader menu of insurance products. The Alumni Association of the University of Michigan provides access to multiple types of coverage, including life, auto, renters and pet insurance.

Because each alumni program is different, it's important to review the available products and compare them with policies available through traditional insurance companies. Just because one university offers a particular type of coverage doesn't mean the same options will be available through your school's alumni program.

Whether the coverage is competitive

While alumni insurance programs often advertise special discounts or group rates, those offers aren't always the most affordable option available. Before enrolling, compare the policy's premiums, coverage limits, deductibles and exclusions with quotes from traditional insurance companies.

A discounted rate might sound appealing, but it's important to evaluate the overall value of the coverage, not just the price tag.

It's also important to understand exactly what type of policy you're being offered. For example, some alumni programs market simplified issue life insurance, which typically requires only a brief health questionnaire instead of a medical exam. While the streamlined application process can be convenient, simplified issue policies often come with higher premiums and lower coverage amounts than fully underwritten life insurance. As a result, you could end up paying more for comparable coverage.

The same principle applies to health insurance offerings. Some alumni programs provide access to group-style health plans that operate under different underwriting or eligibility rules than individual marketplace plans. While these policies may offer lower premiums or easier enrollment, they can also provide less flexibility in provider networks, benefits or coverage options.

Before purchasing any alumni-sponsored health plan, confirm that your doctors, specialists and preferred hospitals participate in the plan's network. Switching to a lower-cost policy might not be worth the savings if it forces you to change providers or pay higher out-of-network costs. Review the details carefully to ensure the coverage aligns with your financial situation, health needs and long-term goals.

Use the tool below, powered by Bankrate, to see how alumni-sponsored life insurance coverage stacks up against other policies:

The benefits and drawbacks of alumni insurance

There can be advantages to purchasing insurance through your alma mater. For example, health insurance obtained through an alumni program isn't tied to an employer, so you might be able to keep your coverage if you change jobs, retire early or start a business. If you're self-employed or don't have access to employer-sponsored benefits, an alumni insurance program could provide another option to explore.

Convenience is another potential benefit. Alumni insurance programs are often easy to access and might feature streamlined enrollment processes. If you're looking to add a policy quickly, such as travel insurance before a trip or supplemental coverage for a specific need, enrolling through an alumni program could be a simple and efficient solution.

However, convenience shouldn't outweigh cost and coverage considerations. As you compare policies, look beyond the premium and consider whether you'll lose access to discounts available through traditional insurers.

Multipolicy discounts, such as bundling home and auto insurance with the same carrier, can result in meaningful savings. Before enrolling in an alumni insurance plan, ask whether similar discounts are available and compare the total cost of coverage against other options on the market.

Before enrolling in auto Insurance available through alumni programs, use the tool below, powered by Bankrate, to compare rates, coverage options and potential savings from other insurers:

Why universities partner with insurers

Many alumni associations use partnerships with insurers as a revenue stream unconnected to dues. In this type of arrangement, an alumni association would give the insurer the ability to market to alumni, and the insurer would offer alumni a group rate or discount on coverage in return.

In exchange, the alumni association might receive compensation from the insurer, such as commissions, licensing fees or a share of the premiums generated through the program. This creates an ongoing revenue stream that can help fund alumni programming, events, scholarships and other association activities.

While universities and alumni associations often promote these insurance offerings as a benefit for graduates, they also have a financial interest in the partnership's success. As colleges look for new ways to support alumni organizations and diversify revenue sources, these types of marketing and financial partnerships have become increasingly common.

The trust factor behind school-branded financial products

There’s also a trust element behind alumni insurance programs, and you could be swayed into buying a policy that you might otherwise evaluate more critically. Your school’s branding on the marketing materials can make the offers feel safer or more credible, when the school might not have evaluated the offer’s actual value or performance.

Emotional ties and alumni loyalty might impact your purchase decisions, prompting you to choose this option because it’s coming from the university that was your home for years. Knowing the insurance would also support your alumni association might play on your sense of loyalty, influencing your decision.

That’s why it’s so important to remember that when you’re shopping for insurance, you need to separate nostalgia from your financial decision-making. It’s essential to choose insurance that’s the right fit for your individual needs, and that policy needs to be competitively priced.

If your alma mater’s insurance program isn’t the best choice for you, remember that you can always make a donation to your alumni association and continue supporting your school regardless of which insurance plan you choose.

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The 2026 NBA Finals could come to an end this weekend, with the New York Knicks holding a commanding 3-1 lead over the San Antonio Spurs and sitting one victory away from their first NBA title since 1973.

The Knicks earned that opportunity with a historic Game 4 comeback on June 10, erasing a 29-point deficit to beat the Spurs 107-106 at Madison Square Garden. OG Anunoby's tip-in with 1.2 seconds remaining completed the largest comeback in NBA Finals history and gave New York a commanding lead in the series.

Every game of the NBA Finals airs exclusively on ABC. Cord-cutters have several ways to watch, with most major live TV streaming services carrying the network. Here's everything you need to know about watching the 2026 NBA Finals.

2026 NBA Finals schedule

The Knicks and Spurs will play a best-of-seven series, with the NBA championship going to the first team to win four games. While seven games are scheduled, the series could end sooner if one team reaches four victories before Game 7.

*If necessary.

Watch the NBA Finals on ABC

The simplest way to watch the NBA Finals is through your local ABC station. If you have a traditional cable, satellite or streaming TV package that includes ABC, you'll be able to watch every game live.

Many viewers can also watch ABC for free with an over-the-air antenna, depending on their location and signal strength.

Best streaming services for the NBA Finals

YouTube TV — $54.99/month

YouTube TV includes ABC, ESPN and more than 100 live channels. The service also includes unlimited cloud DVR storage, making it easy to record games and watch later.

Hulu + Live TV — $89.99/month

Hulu + Live TV combines live sports coverage with access to Hulu's on-demand library, Disney+ and ESPN+ in a single subscription.

Fubo — Sports + News ($55.99/month)

Fubo carries ABC in most markets and is known for its sports-focused channel lineup. New subscribers may qualify for a free trial.

Sling TV — $45.99/month

Sling TV is one of the more flexible streaming options for NBA fans. In addition to its standard monthly subscription, viewers can choose prepaid access for one day, three days, seven days or three months. Sling Orange includes ESPN and provides access to NBA Finals coverage. ABC availability varies by market, so check Sling's channel lineup in your area before subscribing.

DirecTV — $64.99/month

DirecTV offers access to ABC and ESPN along with a broad lineup of sports, entertainment and news channels.

Can you watch the NBA Finals on the ESPN App?

Yes, you can stream games through the ESPN App with a participating TV provider or eligible streaming subscription.

The ESPN App may also offer additional viewing experiences, including alternate camera angles, enhanced statistics and companion broadcasts during the series.

How to watch the NBA Finals while traveling

If you're traveling during the NBA Finals, you may still be able to stream coverage through your existing subscriptions. However, some streaming services may limit access based on your location, meaning your usual coverage could look different while you're away from home.

In those situations, some viewers use a virtual private network (VPN) to access their streaming accounts while traveling. A VPN encrypts your internet connection and routes it through a server in another location, which may help you securely sign in to your streaming services while on the go.

New to VPNs? Getting started is relatively simple:

• Choose a VPN service, such as NordVPN, and follow the setup instructions
• Select a server location that matches your home country
• Open your streaming app and log in as usual

Don't miss the NBA's biggest stage

With every game airing on ABC and multiple streaming options available, fans have more ways than ever to watch the Knicks and Spurs battle for the Larry O'Brien Trophy. Whether you watch through cable, an antenna or a live TV streaming service, you'll be able to catch every moment of the 2026 NBA Finals.

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We test and review VPN services in the context of legal recreational uses. For example:1. Accessing a service from another country (subject to the terms and conditions of that service).2. Protecting your online security and strengthening your online privacy when abroad.We do not support or condone the illegal or malicious use of VPN services. Consuming pirated content that is paid-for is neither endorsed nor approved by Future Publishing.

Many Gen Xers feel financially behind and are rethinking their retirement plans. The generation entered the workforce during a major shift from traditional pensions to self-funded retirement accounts, placing more responsibility for retirement savings on workers.

They also faced a series of economic setbacks at key points in their lives, including the dot-com crash early in their careers and the housing market collapse during their prime homebuying years.

Today, many Gen Xers are balancing the rising cost of living, retirement savings concerns and the financial demands of supporting both children and aging parents. As a result, a growing number are looking for ways to catch up and strengthen their financial future.

Why many Gen Xers still feel financially behind

Gen X, now age 46 to 61, hasn’t had an easy go of things financially, and many factors are prompting the generation to feel as if they’re financially behind. Today, Gen X is grappling with inflation, higher living costs and the financial demands of supporting both children and aging parents.

Those pressures are taking a toll on retirement savings. According to the Schroders U.S. Retirement Survey, 24% of Gen Xers with a workplace retirement plan, such as a 401(k), have borrowed from it to cover unexpected personal or family expenses, pay down debt or manage rising costs.

Retirement anxiety is widespread. The survey found that just 16% of Gen Xers believe they've saved enough for retirement, while more than half worry they could outlive their savings.

Why financial experts say Gen X still has time to adapt

While many Gen Xers are concerned about their retirement readiness, experts say there's still time to strengthen their financial outlook. Because Gen X is currently in its peak earning years, many individuals have a greater ability to increase retirement contributions and accelerate savings.

The IRS allows individuals age 50 and older by the end of the calendar year to make catch-up contributions to retirement accounts such as 401(k)s and 403(b)s. In 2026, eligible workers can contribute an additional $8,000, providing an opportunity to boost retirement savings more quickly.

These peak earning years can also be an ideal time to tackle high-interest debt, such as credit card balances. Once that debt is paid down, the money previously directed toward interest payments can be redirected into retirement accounts, high-yield savings accounts or other long-term financial goals.

How Gen X is adjusting retirement expectations

Feeling financially behind has prompted many Gen Xers to rethink their retirement plans. A 2026 Employee Financial Wellness Survey by PwC found that 47% of Gen X employees expect to delay retirement because they haven't saved enough, while 51% believe they might need to tap their retirement savings to cover nonretirement expenses.

To improve their financial outlook, some Gen Xers are turning to side hustles, consulting work and second careers to generate additional income and boost their retirement savings.

Others look for ways to reduce expenses as retirement approaches. Downsizing to a smaller home can lower monthly housing costs, and for homeowners who have built substantial home equity, it might also unlock additional cash that can be redirected toward savings and retirement goals.

Small financial moves can still have a big impact

Even small financial changes can make a meaningful difference in retirement readiness.

Automate retirement savings increases. Many 401(k) plans allow participants to automatically increase their contribution rate each year. Raising contributions by just 1% annually can significantly boost retirement savings over time, especially since many Gen Xers are in their peak earning years.

Review spending leaks. Conduct a budget audit to evaluate your income, expenses and financial goals. Reviewing recurring bills might reveal subscriptions, memberships or other expenses that no longer provide value.

Once you've identified areas of unnecessary spending, look for opportunities to lower monthly costs. Compare home and auto insurance quotes to ensure you're getting competitive rates, and contact your credit card issuer to ask about lowering the interest rate on an outstanding balance. Small savings across multiple expenses can add up over time.

Reassess your investment strategy. As retirement approaches, it's important to review whether your investment allocations still align with your goals, timeline and risk tolerance. Consider how soon you'll need to access your savings and whether your portfolio reflects that timeline.

A financial adviser can help evaluate your portfolio and identify opportunities to strengthen your retirement plan. Yet according to the Schroders survey, only 26% of Gen Xers work with a financial adviser, compared with 53% of baby boomers and 31% of millennials. For those who don't already have professional guidance, working with a financial adviser might be worth considering.

Use the tool below, powered by Bankrate, to explore some of today's top financial planning offers:

Gen X might feel overlooked — but many are still rebuilding

Gen X has weathered decades of economic disruption, and many individuals are still working to strengthen their finances and prepare for retirement. While some might feel behind, focusing on steady progress rather than achieving a "perfect" retirement target can make the process feel more manageable.

The generation's experience navigating financial challenges has also built resilience. That adaptability can be a valuable asset as Gen X continues to adjust spending, increase savings and make strategic decisions to improve long-term financial security.

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Given rising energy costs, renters are looking for alternative ways to save on electricity. Plug-in solar panels are one potential solution, and they're quickly gaining traction because of their ease of use. Lawmakers in Maine, New Hampshire, Vermont, Massachusetts, Connecticut and Rhode Island are all advancing proposals that would allow residents to use plug-in solar systems that connect to standard home outlets.

Plug-in solar systems, also called balcony solar systems, are smaller alternatives to traditional rooftop panels. These systems typically feature a compact solar panel that can be placed on a balcony or patio, without the need for complex installation.

That simplicity makes balcony solar a more practical option for renters who want to offset some electricity costs without making permanent changes to a rental unit. As interest in plug-in solar grows, states are beginning to revisit regulations around the technology, while renters weigh whether the potential savings justify the upfront cost.

Why renters are suddenly interested in portable solar

Rising electricity costs are likely driving the growing interest in portable solar systems. According to the National Energy Assistance Directors Association, average summer residential cooling bills are projected to reach $778 in 2026. That's an 8.5% increase from last year's average bill of $717 and a 37.2% increase since 2020.

Traditional rooftop solar panels can help offset those costs, but they remain out of reach for many renters. Rooftop systems are expensive, require professional installation and permanently alter a building's structure, meaning tenants would typically need a landlord's approval before installing them.

Balcony solar systems offer a more flexible alternative. These smaller systems generally cost less upfront, don't require permanent structural changes and can move with a renter from one property to another.

How much money can renters actually save?

Balcony solar setups will not power an entire rental property, but they can help offset some everyday electricity use. Most plug-in systems on the market range from about 400 to 800 watts, which is typically enough to help power smaller appliances like a Wi-Fi router and standby electronics.

The exact savings will depend on the size of the system you buy, your electricity usage, local utility rates and how much direct sunlight your panels receive. In many cases, renters may save anywhere from about $10 to $50 per month, with higher savings possible in states where electricity costs are more expensive, according to EnergySage.

Over the course of a year, a well-placed system in a sunny location could offset several hundred dollars in electricity costs.

How much do balcony solar systems cost?

Balcony solar systems can vary significantly in price depending on their size, battery storage capacity and portability features. Smaller plug-in systems designed to offset basic apartment electricity use may cost a few hundred dollars, while larger systems with battery backup and indoor power storage can range from about $2,000 to more than $3,000.

Some of the most recognizable brands in the portable solar market include Jackery, EcoFlow and Anker. Many of these systems combine portable solar panels with battery storage, allowing renters to store power for later use or provide backup electricity during outages.

More expensive systems typically offer larger battery capacity, faster charging speeds and greater flexibility for indoor and outdoor use. But renters should also consider whether the potential energy savings justify the upfront cost. In some cases, it could take several years of lower electricity bills to offset the price of a premium solar energy system.

Before buying a balcony solar kit, renters should consider portability, balcony space, sunlight exposure and whether the unit has appropriate safety certifications. Smaller apartments with limited direct sunlight may not generate enough electricity to justify a larger setup.

Below are a few standout solar power kits we found:

The legal gray area around plug-in solar in the U.S.

While plug-in solar adoption is already widespread in countries like Germany, regulations in the United States are still evolving.

Some states are beginning to ease restrictions on balcony solar systems. Utah has passed legislation making it easier for renters to use plug-in solar panels, while California and Illinois are considering broader legalization efforts. In some cities, renters may still need permits or approval before installing a system, so accessibility can vary depending on where you live.

Many of these regulations stem from utility and safety concerns tied to how solar systems connect to the electrical grid. Traditional rooftop solar systems are professionally installed and include technology designed to prevent excess electricity from flowing back into the grid.

Most balcony solar systems work differently. Rather than feeding large amounts of power into the grid, they are typically designed to help offset electricity used directly inside a rental unit. But some laws and local regulations do not yet distinguish between rooftop and plug-in systems, meaning renters may still face permit requirements or installation restrictions.

What renters should know before buying a system

Before you buy a plug-in solar system, consider the following factors:

• Landlord and HOA considerations: Rental agreements and HOA regulations may restrict the use of balcony solar systems. Before buying a system, check your lease and any building or community rules to confirm that plug-in panels are allowed.
• Safety certifications: Since these systems connect to your home's electrical system, safety certifications matter. UL Solutions has developed a testing and certification standard for plug-in solar systems based on UL 3700. Look for certified systems and avoid cheap or uncertified products.
• Sun exposure: Your savings will depend heavily on how much sunlight your panels receive. Balconies with limited direct sun or heavy shade may produce far less energy, reducing the return on your investment. The direction your balcony faces can also affect performance.

Could balcony solar become mainstream?

Europe has already embraced balcony solar, offering a glimpse at how the technology could expand in the United States. Germany has become one of the leading examples of adoption. According to Euronews, more than one million plug-in solar systems were installed in Germany between 2022 and 2025. Government incentives and falling solar equipment prices have likely helped fuel that growth.

Alternative energy sources like solar may help renters and homeowners reduce electricity costs, but the future of balcony solar in the U.S. will likely depend on how quickly states update regulations and make the systems easier to install and use.

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The PGA Championship returns May 14 through May 17 at Aronimink Golf Club in Newtown Square, highlighting a busy stretch of the PGA Tour schedule.

Scottie Scheffler enters the tournament after winning the 2025 PGA Championship and remains one of the sport’s dominant players. He narrowly missed adding another major earlier this season, finishing one stroke behind Rory McIlroy at the Masters.

McIlroy heads into the PGA Championship with momentum following his Masters victory, while many of golf’s top-ranked players are expected to compete in the season’s second major.

2026 PGA Championship TV schedule

Golf fans can watch the 2026 PGA Championship across ESPN, CBS and several streaming platforms throughout the four-day tournament.

Coverage begins Thursday, May 14 and continues through the final round on Sunday, May 17.

CBS coverage times

CBS Sports will air the main weekend coverage during the final two rounds:

● Saturday, May 16: 1 p.m. to 7 p.m. ET

● Sunday, May 17: 1 p.m. to 7 p.m. ET

ESPN will carry early coverage on Saturday and Sunday from 10 a.m. to 1 p.m. ET before CBS takes over. Fans can stream the CBS broadcast live through Paramount+ with the Paramount+ Premium plan.

Where to stream the PGA Championship

If you plan to stream the tournament instead of watching on cable, several services will carry live PGA Championship coverage throughout the week, including early-round feeds and weekend broadcasts.

ESPN+

ESPN+ offers the most comprehensive coverage of the tournament, including:

• Early-round coverage on Thursday and Friday
• Featured groups
• Featured holes
• Additional live feeds throughout the tournament

Paramount+

Paramount+ will stream the live CBS weekend broadcast during the third and final rounds.

Cord-cutters can also watch through live TV streaming platforms that carry ESPN and CBS, including:

Prices listed reflect standard monthly price ranges and may not include limited-time offers or new customer promotions. Check each streaming provider for current free trials, discounts and bundle deals.

How to watch the PGA Championship while traveling

If you're traveling during the PGA Championship, you may still be able to stream coverage through your existing subscriptions. However, some streaming services may limit access based on your location, meaning your usual coverage could look different while you're away from home.

In those situations, some viewers use a virtual private network (VPN) to access their streaming accounts while traveling. A VPN encrypts your internet connection and routes it through a server in another location, which may help you securely sign in to your streaming services while on the go.

New to VPNs? Getting started is relatively simple:

• Choose a VPN service, such as NordVPN, and follow the setup instructions
• Select a server location that matches your home country
• Open your streaming app and log in as usual

Don't miss the PGA Championship this weekend

Whether you're watching on ESPN, CBS, Paramount+ or streaming on the go, there are several ways to follow the 2026 PGA Championship live from Aronimink Golf Club.

With top players like Scottie Scheffler and Rory McIlroy in the field, golf fans will have plenty of storylines to follow throughout the tournament weekend.

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We test and review VPN services in the context of legal recreational uses. For example:1. Accessing a service from another country (subject to the terms and conditions of that service).2. Protecting your online security and strengthening your online privacy when abroad.We do not support or condone the illegal or malicious use of VPN services. Consuming pirated content that is paid-for is neither endorsed nor approved by Future Publishing.

Memorial Day weekend often marks the start of summer fun, when many people pull patio furniture, kayaks and golf clubs back out of storage. But for households short on space, self-storage units can help keep seasonal gear, bulky items and overflow clutter out of the garage and basement until they’re needed again.

Self-storage has become increasingly common in the U.S. The industry now includes more than 2.1 billion square feet of storage space, and about one in three Americans currently uses self-storage, with another 18% planning to rent a unit in the future, according to SpareFoot.

In a recent survey of Kiplinger’s A Step Ahead newsletter readers, 61% of those surveyed said the main reason they rent a storage unit is a lack of space at home.

Furniture was the most commonly stored item at 72%, followed by seasonal decorations at 61% and sentimental items at 50%.

Still, storage only makes sense for certain items. Before renting a unit, think carefully about what you truly need to keep and whether the monthly cost is worth it. These 10 items tend to be some of the best choices for storage.

Furniture and household overflow

Sofas, tables, bed frames and spare mattresses are all big, bulky items that you can put into storage.

If you’re downsizing your home, preparing to move or rotating decor in your home, putting these items in storage can give you extra space while letting you swap favorite pieces in and out when you want a different look.

Before storing fabric items like couches and mattresses, cover them with furniture covers, sheets or breathable plastic wrap to help protect them from mildew, musty smells, dust and pests while they’re in storage.

Many basic furniture covers cost less than $20 and can help keep your items in better condition over time.

Seasonal decor and holiday items

Consider putting seasonal decor and holiday items, like artificial trees, inflatables and specialty decorations, into a self-storage unit. When you only use these items a few months out of the year, storing them can help reduce clutter in your everyday living space.

Clear plastic totes can make storage much easier since you can quickly see what’s inside without opening every box. Add simple labels to each tote so your holiday and seasonal items are easy to grab and go when you need them.

For bulky items you don’t want ruined, like wreaths, tree skirts or oversized decor, large clear zippered storage bags can help protect them from dust, moisture and damage.

A little planning can cut down on trips to your storage unit, too. When you drop off one season’s decor, pick up the next season’s items during the same trip.

Clothing and wardrobe overflow

A storage unit can be excellent for your overflow clothing items. You can store off-season clothes, like bulky coats and specialty items, until you need them, freeing up closet space.

Wash and fully dry the clothes before you store them, and use wardrobe boxes for any items that are usually hung. Be sure to invest in proper storage for clothes. These plastic storage bins are great for items like T-shirts and pants. Include some cedar chips or blocks to help repel insects.

Sports and outdoor equipment

Outdoor equipment like bikes, skis, golf clubs and camping gear take up a lot of space in your home, so consider putting these items in storage. While these items are bulky, if you use them regularly, you can probably justify the cost of storing them.

To keep everything organized and easy to grab, consider using a bike rack or rolling sports storage cart inside your unit. Keeping gear upright and grouped together can help prevent damage and make it easier to quickly load up for your next outing.

Business inventory and side hustle supplies

If you're running a business or side hustle, supplies like inventory, packaging materials, and tools can quickly take up space in your home.

A storage unit can be a good place for these essentials, and you can periodically draw down from your supply and bring home what you’ll need for the coming month or two.

Self-storage can be especially helpful if you run an eBay or Etsy shop or operate a small business from home. Keeping inventory, packaging supplies and seasonal products in storage can free up valuable living space while helping you stay more organized.

In some cases, you may also be able to deduct the cost of a storage unit used for business purposes on your taxes, so keep receipts and track your expenses throughout the year.

Documents and records (stored the right way)

You can declutter those documents and records you're storing at home by moving them to a self-storage facility, freeing up space in desks, drawers and filing cabinets.

Just make sure that you store documents and records the right way. Invest in quality document containers that will protect the paperwork inside in case of a flood.

Avoid storing any items that are irreplaceable or treasured. Consider digitizing documents so you can shred the paper copies entirely.

Durable collectibles and media

If you have durable collectibles, like books, vinyl and decor collections, you may be able to move these items to storage. Focus on choosing items that won't degrade easily, and pack them in sealable containers to help protect them from damage.

You may want to invest in a climate-controlled storage unit to help protect the items. If you'll be storing anything valuable, look for a facility with strong security measures, including security cameras and gated access.

Vehicles and large equipment

You can also rent space for cars, motorcycles, and lawn equipment, leaving your driveway and yard looking neater. Many storage facilities allow you to store vehicles in drive-up units, but be sure to verify the facility's rules ahead of time.

Keeping vehicles under a car cover can help preserve them while not in use, prolonging their life and helping maintain their value.

If you need to store tires independently of a vehicle, that can be a different story; tires are flammable, so they're usually prohibited. That said, facilities that let you store vehicles will usually let you store the vehicles with their tires on them, but you can't store extra, separate tires.

Appliances

If you’re in between moves, remodeling your home or planning a future upgrade, it might make sense to keep your current appliances instead of rushing to replace them. Storing appliances can save you the cost of buying new ones while temporarily getting these bulky items out of your home.

Before placing appliances into storage, clean and fully dry them to help prevent mold, mildew and odors from building up over time. Leaving appliance doors slightly cracked can also help improve airflow while they’re stored.

Kids’ items you plan to reuse

As the children in your life outgrow items like baby gear, toys and furniture, you may want to place some of those items into storage if you plan to reuse them in the future. Storing practical items like bassinets, high chairs, seasonal clothing and durable toys can save money if you expect to need them again for another child or grandchild.

Before storing children’s items, clean and dry everything thoroughly and place smaller pieces in labeled bins so they’re easier to find later. Be selective about what you keep, though.

Some products, including car seats, cribs and certain baby gear, can expire or fall out of current safety standards over time, making them better candidates for donation or disposal instead of long-term storage.

Storage makes sense when it solves a space problem — not when it delays a decision

Storage units can make sense when you use them for seasonal, bulky or high-value items that you'll use again. But it’s easy to fall into the trap of paying a storage fee month after month to hold onto things that you don't need.

If you're storing items that you truly no longer need, the cost can quietly add up and outweigh the benefit. Be strategic about what you decide to store and balance storing items with donating the things you won't use again.

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The term "millionaire" has long been shorthand for financial success — and today, more Americans are reaching that milestone than ever before.

According to a Bloomberg analysis, there are now more than 24 million millionaire households in the United States, accounting for nearly one in five households.

What’s driving that growth is just as notable. Roughly a third of those households have crossed the million-dollar mark since 2017, fueled in part by rising home values and a strong stock market. And in many cases, that wealth isn’t sitting in cash. Instead, it’s built through assets like home equity and investment accounts, which have steadily pushed more households into millionaire territory.

But most millionaires are older

The majority of millionaires are older — largely because building wealth takes time. The longer you’re in the workforce, the more opportunities you have to increase your income, invest and benefit from long-term growth.

That pattern shows up clearly in the data. According to Empower average net worth rises significantly with age:

• Gen Z: $86,945
• Millennials: $333,096
• Gen X: $1,132,089
• Baby Boomers: $1,683,641

It’s not surprising, then, that most millionaire households fall into Gen X and Boomer age groups. These generations are in or nearing their peak earning years — typically mid- to late-career — when income is higher and there's been more time to accumulate assets.

Compound interest also plays a major role. By reinvesting earnings, households can generate returns on both their original investments and prior gains. Over time, that "interest on interest" effect accelerates wealth growth, often most noticeably later in life, after decades of compounding.

Why becoming a millionaire young is so rare

While there are younger millionaires, it’s still relatively rare for individuals or households to reach that status early in life. Incomes tend to be lower at the start of a career, when many people are working entry- or mid-level jobs.

At the same time, financial pressures can make it harder to build wealth. Student loan debt and rising housing costs are major factors. According to the Education Data Initiative, the average federal student loan balance is about $39,075, and it can take close to 20 years to pay off that debt.

Time is another key challenge. Investments need years, often decades, to grow, so even those who start investing early may not see significant returns right away. While some individuals may reach millionaire status through an inheritance, building wealth through earnings and investing is typically a long-term process.

The real takeaway: Time matters more than income

Time is one of the most powerful factors in building wealth. One of the clearest examples is compound interest. The ability to earn returns not just on your initial investment, but on your past gains as well.

For example, if you invest $5,000 and earn a 5% annual return, your balance would grow like this over time:

While the early gains may seem modest, the growth accelerates over time as returns begin to compound on themselves.

Starting early gives even moderate earners an advantage. By investing consistently and increasing income over time, households can steadily build wealth and potentially reach millionaire status later in life.

When it comes to long-term investing, consistency matters more than perfection, and establishing strong financial habits early can make a lasting difference.

Use the tool below, powered by Bankrate, to explore personalized financial offers tailored to help you reach your goals.

How to start building wealth even if you're not earning six figures

You don’t have to be earning six figures to start building wealth. Focus on developing consistent financial habits that will make the most of your income:

• Invest early: Start investing early on to take advantage of compound interest. If your employer offers a 401(k), take advantage of it, especially if your employer offers to match your contributions. A Roth IRA is another solid option, since your withdrawals in retirement are tax-free, maximizing the money you have to support your lifestyle.
• Increase your income: Look for ways to grow your income over time. That might mean asking for a raise at work, working your way up the career ladder within your company, going back to school or even changing your career. Side hustles and freelance work can be another helpful way to boost your income.
• Avoid lifestyle creep: As you increase your income and are able to save more money, it can be tempting to spend more money on things you don’t really need, like a nicer car or a larger home. This lifestyle creep can eat into your savings and limit your ability to invest and truly grow your wealth, so stay focused on your financial goals.
• Use "boring" strategies: Some of the most effective wealth-building strategies are also the least exciting. Automating contributions to your investment accounts can help you stay consistent without overthinking each decision. While day trading may seem fast-paced and appealing, it’s rarely a reliable path to long-term wealth. Instead, many investors turn to index funds. They may not be flashy, but their built-in diversification helps reduce risk while supporting steady, long-term growth.

Millionaire status may not mean what you think

Reaching millionaire status can feel like you have “made it,” but it doesn't necessarily mean you are wealthy, at least not in today’s economy. Inflation has pushed up the cost of everything from housing to vehicles, so a $1 million net worth may not stretch as far as you expect.

In fact, many millionaires do not feel wealthy. Where you live, how much of your wealth is tied up in assets like home equity and how much cash you have available all play a role in the lifestyle you can afford.

While becoming a millionaire is still a worthwhile goal, it may be more useful to focus on the lifestyle you want to support. From there, you can build a financial plan that helps you achieve it.

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If you need cash for a major expense, you might be considering tapping your home equity. With a home equity line of credit (HELOC), a home equity loan or a cash-out refinance, you can access the equity in your home and use that money for renovations and other expenses.

But it’s more important than ever to understand the potential risks that come with tapping your home equity. According to the Intercontinental Exchange Mortgage Monitor report, Americans hold approximately $17 trillion in total equity, with about $11 trillion tappable.

High home values and limited inventory have resulted in equity-rich but cash-constrained households. Using your home’s equity can be a risky move, so be sure you understand all of the factors involved before deciding if this is the right decision for you.

Borrowing costs remain elevated, with new pressures in 2026

Home equity borrowing is still relatively expensive, and recent economic conditions are adding more uncertainty to where rates go next.

As of April 2026, average home equity loan rates are hovering around the 8% range, according to Bankrate:

• 5-year home equity loan: 7.89%
• 10-year home equity loan: 8.02%
• 15-year home equity loan: 8.00%

Rates vary based on credit score, loan-to-value ratio and lender.

These rates are noticeably higher than what many homeowners are used to, especially those who locked in mortgage rates below 4% in recent years.

At the same time, the Federal Reserve has held rates steady through its January and March meetings, signaling a more cautious approach to rate cuts. That means borrowing costs tied to the prime rate, including HELOCs, have remained relatively high so far this year.

Geopolitical tensions, including the ongoing war in Iran, are also contributing to inflation pressure, particularly through energy prices. That added uncertainty can make it harder for rates to move lower in the near term.

In this environment, the type of loan you choose matters more. Home equity loans offer fixed rates, which can provide predictable payments. HELOCs typically come with variable rates, meaning your costs could change over time. Meanwhile, mortgage rates, which affect cash-out refinancing, tend to follow the 10-year Treasury yield and remain sensitive to inflation and broader market conditions.

When tapping your home equity can make sense

Tapping your home equity may make sense when you’re using the funds for a clear, high-value purpose. For example, you might finance home improvements that increase your property’s value, helping offset the cost of borrowing over time.

Some homeowners also use home equity to consolidate high-interest debt. Replacing a credit card balance with a rate around 20% with a lower-rate home equity loan or HELOC can reduce interest costs and simplify payments.

Home equity can also help cover large, planned expenses, such as education costs or major medical bills. In these cases, the value of the expense may justify the interest you’ll pay. Used intentionally, home equity can be a strategic financial tool — not just a way to cover everyday spending.

Use the tool below, powered by Bankrate, to explore and compare today's home equity loan and HELOC options from multiple lenders:

When tapping your home equity could be a risky move

Tapping your home equity can be risky. When you use your equity, your home is collateral. If you default on your loan, you could face foreclosure.

HELOCs have variable interest rates. While your interest rate could drop, it could also rise, meaning your payments could be larger than you anticipated, and you might ultimately pay much more in interest than you’d planned.

It’s also possible to overborrow home equity. When paired with market uncertainty resulting in fluctuating interest rates and home values, overborrowing could increase your chance of defaulting on your loan and facing foreclosure. It's always best to borrow no more money than you absolutely need, which will also help minimize what you pay in interest.

Home equity loan vs. HELOC vs. cash-out refinance

Let’s take a look at how three methods of accessing home equity compare:

• Home equity loans are fixed-rate loans, so you’ll have predictable, set payments throughout the loan’s term.
• HELOCs are revolving credit lines that you can draw from, repay and reuse. They offer flexibility, but variable rates mean your payments can change over time.
• A cash-out refinance replaces your existing mortgage with a new, larger loan, resetting your interest rate and loan terms.

Since many homeowners are locked into ultra-low mortgage rates, refinancing tends to be a less attractive option right now.

Timing matters more than most borrowers realize

Timing matters when tapping your home equity. Rates could fall later in 2026, but that’s far from certain. Waiting might help you secure a lower rate, but it could also work against you if home values decline or lending standards tighten.

The key is balancing timing with necessity. If you’re facing a time-sensitive expense, such as an urgent home repair or education costs, waiting for a better rate may not be practical.

How to decide if borrowing is right for you

This simple checklist can help you decide if borrowing against your home equity is right for you:

• Do you have a clear purpose? Tapping home equity is risky, so make sure that your purpose justifies that risk.
• Can you comfortably afford payments? With your home as collateral, you risk foreclosure if you can’t make the payments.
• Are you choosing the right product? Be sure you understand the pros and cons of each home equity product to choose the one that’s best for your situation.
• Have you compared lenders? Rates, terms and loan costs can vary from lender to lender. Compare quotes from multiple mortgage lenders to find the best option.

Think beyond access to equity

Home equity can be a powerful financial tool, but it comes with real risk. Because your home is on the line, it’s important to borrow with a clear purpose and a plan to manage the payments.

The decision isn’t just about whether you can access the funds. It’s about whether using your equity supports your broader financial goals and makes sense given today’s rates and market conditions.

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For Americans considering dual citizenship, a second passport might already be within reach.

A growing number of countries, including Canada, are expanding citizenship by descent rules, opening the door for people with family ties to claim citizenship they might not have realized they had.

But qualifying is only the first step. Proving eligibility and deciding whether it is worth the time, cost and paperwork can be far more complicated than many expect.

Why more Americans are looking into citizenship by descent

Americans are exploring dual citizenship with countries such as Canada for several reasons. Interest in mobility and remote work has grown, especially since the post 2020 expansion of flexible work options.

The rise of the digital nomad lifestyle has encouraged individuals and families to seek a better work-life balance while experiencing new cultures. Dual citizenship can support that flexibility by offering potential tax advantages and greater long-term mobility.

Global uncertainty is also contributing to the growing interest in citizenship by descent. Many Americans aren't planning to leave the country right away, but securing a second citizenship can create future flexibility if their circumstances change. Economic volatility, geopolitical tensions and shifting national policies are prompting some to explore options that provide an additional layer of stability.

At the same time, policy changes are expanding who qualifies. In Canada, for example, the government introduced Bill C 3 on June 5, 2025, which updated the country’s citizenship by descent rules. Previously limited to the first generation born outside of Canada, the law now allows some second generation or later individuals to qualify, depending on their family history.

As eligibility broadens, the idea of hidden citizenship is gaining traction. More Americans are taking a closer look at their ancestry to determine whether they might already have a path to dual citizenship.

Who qualifies for citizenship by descent

Citizenship by descent allows individuals to claim citizenship based on family ties rather than where they were born. In many cases, people with a parent or grandparent who was a citizen of a country might qualify. Some countries extend that eligibility even further, allowing claims through a great-grandparent.

Rules vary by country. Canada historically limited citizenship by descent to the first generation born outside the country, but recent changes have expanded eligibility in some cases to second-generation applicants or beyond.

Italy generally allows citizenship through parents and grandparents, while Ireland extends eligibility to parents and grandparents and, in certain cases, to great-grandparents.

How to find out if you qualify for citizenship by descent

To check if you’re eligible for citizenship, start with your family tree. You need to be able to trace your tree back to a parent, grandparent or possibly a great-grandparent who was a citizen of the country in question.

You’ll also need proof of the entire lineage. Documents such as birth certificates, naturalization records and marriage records will be key in proving that you qualify for dual citizenship.

Providing citizenship by descent can be challenging, especially if you’re working with a complex family tree. In some cases, an immigration lawyer or service can help you navigate the process. These professionals can help with the preparation of a routine citizenship application, but they can also be invaluable in helping you appeal if your initial application was denied.

The biggest hurdles most people underestimate

Even if you believe you qualify for citizenship by descent, the process isn't always straightforward. There are several hurdles that people often underestimate:

• Documentation gaps. Finding the records needed to prove your lineage can be a challenge. Missing records can cause your application to be denied, so you’ll need to spend the time and money to find those documents before applying.
• Processing timelines. Citizenship processing timelines can take months or years. In Canada, for example, current timelines are around 13 months, though delays can extend that window.
• Legal nuances. Eligibility can depend on when and how your ancestors emigrated. Each country has its own rules, and factors such as an ancestor’s citizenship status or legal history might affect your application.
• Costs. Expenses can add up quickly. The Government of Canada charges a $653 citizenship application fee. You may also need to budget for legal help, document retrieval and certified translations.

What a second passport gives you

A second passport is not free, and the process can take time, but for many Americans, the added flexibility and access that come with dual citizenship can justify the cost:

• Ability to live and work abroad. Dual citizenship gives you the flexibility to live and work in another country. Many people take advantage of expanded job opportunities and the ability to experience a different culture.
• Access to health care and education systems. Citizenship can provide access to public healthcare and education systems in another country. In some cases, this can lead to meaningful savings, such as lower costs for major medical procedures or tuition.
• Travel flexibility. Dual citizens often benefit from easier entry into each country, with fewer restrictions and shorter processing times. It can also make long-term stays or retirement abroad more practical.
• Potential tax considerations. In some situations, dual citizenship can provide the option to live in a jurisdiction with a more favorable tax structure, depending on your financial situation and how you file.

The downsides to consider before applying

Before you apply, consider whether the potential downsides of dual citizenship fit your situation.

• Tax implications. Filing taxes can become more complicated as a dual citizen. Foreign tax credits and exclusions might help prevent double taxation, but mistakes or missed requirements could leave you paying more than expected.
• Residency requirements. Some countries require citizens to spend a certain amount of time in the country before they can access full rights or maintain certain benefits. That can reduce the flexibility some applicants expect.
• Ongoing obligations. Dual citizenship can come with responsibilities in both countries, such as military service, reporting requirements or other legal obligations. It's important to understand those rules before applying.
• Emotional and time investment. Claiming citizenship by descent can be a long and sometimes frustrating process. Gathering records, resolving questions and waiting on a decision can take a real toll, so it's worth considering whether the payoff justifies the effort.

Is it worth it? How to decide

Becoming a dual citizen is often most beneficial for frequent travelers and those who plan to spend extended time in another country in the coming years. Remote workers might also benefit from the added flexibility, as can individuals or couples considering retirement abroad.

For those who don't expect to relocate or actively use those benefits, dual citizenship might offer less value. It is best viewed as a strategic asset rather than a novelty, so consider how it fits into your long-term plans before deciding if it is the right choice.

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For a long time, the goal of retirement planning felt pretty straightforward: Save diligently, spend carefully and leave something meaningful behind for your kids.

But that script is starting to change. More retirees are rethinking what they want their money to do for them. Instead of holding back for the sake of a larger inheritance, they're choosing to spend more on experiences now, especially travel. You might have heard the phrase "SKI," short for "Spending Kids' Inheritance," pop up in conversations or headlines.

At first glance, it can sound a little extreme. But for many, it's less about spending recklessly and more about being intentional, recognizing that health, time and energy are not guaranteed forever. The question is not just how much you'll leave anymore. It's how you want to live along the way, and how your financial plan can support both.

What is the SKI rule — and why is it gaining traction now?

At its core, SKI, or Spending Kids’ Inheritance, is about flipping the usual order of priorities. Instead of focusing first on what you'll leave, the idea is to think about how you want to use your money while you're here to enjoy it.

For many retirees, that shows up most clearly in travel: Booking the big trip, saying yes to experiences and not putting everything off for someday.

Right now, the timing makes sense. People are living longer, but not necessarily healthier for longer. There's also more uncertainty around future health care costs and long-term care. Add in the perspective shift many people had after the pandemic, and it's no surprise more retirees are asking: What am I waiting for?

That doesn't mean abandoning financial discipline. It simply means being more intentional about when your money is meant to be used.

Why retirees are choosing experiences over inheritance

For a lot of people, this shift comes down to one simple realization: Money can be saved indefinitely, but time can't. Experiences, especially travel, offer something different than material purchases. They create memories, strengthen relationships and often feel more meaningful over time.

A kitchen upgrade or a new car might bring convenience, but a family trip tends to stay with you in a different way. There is also an emotional benefit to seeing your money at work in real time. Instead of leaving a larger inheritance they'll never witness, some retirees would rather enjoy their resources now or share those experiences with their children and grandchildren.

In many cases, it is not about choosing one above the other. It's about finding a balance that aligns with your values.

How much are Americans spending on travel?

Travel is no longer just an occasional splurge; it's become a major part of how Americans choose to spend their money. On a broad level, total U.S. travel spending was projected to reach about $1.35 trillion last year, showing just how significant travel has become in the overall economy.

Zoom in to the household level, and the numbers are just as telling. One recent estimate found that Americans expect to spend around $10,600 on trips and vacations in 2025.

That marks a noticeable shift from just a few years ago and reflects changing priorities. For many households, travel is no longer an occasional expense. It's becoming a core lifestyle category, competing directly with home upgrades, cars and other big-ticket purchases.

That's what makes the SKI trend so relevant. When people are willing to allocate this much of their budget toward experiences, it signals something deeper: a growing belief that the value of money isn't just in what you keep, but in how you use it.

The financial trade-off: Travel now vs leaving wealth later

Every decision to spend more now comes with a trade-off.

Money used for travel today won't be available later, whether that's for your own needs or for your heirs. That's why it's important to zoom out and look at how these choices fit into your overall plan.

A few areas to keep in mind:

• Your long-term financial security. You'll want to make sure increased travel spending doesn't put pressure on your ability to cover essential expenses later, especially if markets are unpredictable.
• Health care and long-term care costs. These can be some of the largest and most uncertain expenses in retirement. Building in a buffer here is key.
• Your legacy goals. If leaving money is important to you, it's worth being clear about what that number looks like so you can plan around it.

How to adopt a smart SKI strategy

If you like the idea of prioritizing experiences but still want to stay financially grounded, a few simple strategies can help.

Set a baseline for what you want to keep. Think about the minimum amount you'd like to preserve, whether that's for your own peace of mind or for your heirs, and plan your spending around that.

Build travel into your budget. Rather than treating trips as occasional splurges, factor them into your retirement plan so you can spend confidently.

Focus on what matters most. Not every trip has to be over-the-top. Prioritize the ones that feel meaningful or time-sensitive.

Be mindful of timing. Early retirement is often when you have the most energy and flexibility. It can make sense to plan bigger or more active trips during this window.

Consider giving along the way. Sometimes, smaller financial gifts or shared experiences during your lifetime can have a bigger impact than a larger inheritance later.

When SKI can go too far

As with any trend, it's possible to take things too far. Spending aggressively without a clear plan can create challenges down the line, especially if unexpected expenses come up or if investment returns don't meet expectations.

Some common risks include:

• Running through savings too quickly
• Underestimating healthcare or long-term care costs
• Letting lifestyle upgrades quietly increase overall spending

A well-executed SKI approach should give you more freedom and confidence while being mindful of these risks and making sure there's financial margin to fall back on should you need it.

It’s about balance, not extremes

The SKI approach might not be a fit for everyone, but it's worth considering if you're prioritizing travel and experiences during your retirement years. A thoughtful financial plan can make room for both enjoying your life now and leaving a legacy for loved ones.

That might mean taking the trip, funding a family vacation or simply giving yourself permission to enjoy what you've worked hard to build, while still protecting your long-term needs. In the end, it's not just about what you leave behind. It's about making sure your money supports the kind of life and legacy you want.

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Before the 2008 housing crisis, some lenders offered homeowners 80/20 “piggyback” loans to help cover a down payment while avoiding private mortgage insurance (PMI). Borrowers took out a second mortgage or HELOC for 20% of the home’s value, leaving the primary mortgage at 80% and eliminating the need for PMI.

When home prices crashed, many of those second mortgages lost value and quietly went dormant. But now, loans long assumed to be settled are resurfacing.

Known as zombie mortgages, they’re catching homeowners off guard — leaving some suddenly on the hook for far more than expected and, in some cases, facing foreclosure.

Why zombie mortgages are resurfacing now

When the Great Recession hit in 2008, home values fell and many homeowners struggled to keep up with second mortgage payments. Some borrowers defaulted, and as prices dropped, those second mortgages became largely worthless to lenders.

In many cases, lenders could have seized and resold the homes, but the math did not work. Sale proceeds often would not have covered even the primary mortgage, so second liens were written off as losses. Collection efforts slowed or stopped altogether, and many borrowers stopped receiving statements. Over time, these loans simply went dormant.

But home values have surged, changing the math behind those once-worthless loans. The median U.S. home price has nearly doubled from about $214,300 in 2009 to more than $405,000 in 2025, according to Federal Reserve Bank of St. Louis data.

That renewed equity has made these old debts valuable again. Debt buyers are purchasing them for pennies and attempting to collect. If homeowners cannot repay, those buyers may move to foreclose and sell the property for a profit.

How big is the problem?

The zombie mortgage problem is widespread. An estimated hundreds of thousands of these second mortgages still exist nationwide, and some homeowners are receiving collection notices decades after they believed the debt had been resolved.

The sudden reappearance can be jarring, and for those unable to pay, the consequences are serious — including the risk of foreclosure, even if they are current on their primary mortgage.

Why homeowners didn't know they still owed the debt

Several factors have led homeowners to believe their second mortgage debt was discharged or resolved. In some cases, borrowers assumed the second loan was included in a modification of their primary mortgage. But if the second loan was held by a different servicer, it often was not included and simply went dormant.

Communication issues have also played a role. Some homeowners received little to no contact from servicers for years, sometimes more than a decade, even as interest continued to accrue in the background.

In other cases, tax documents suggested the debt had been cancelled, and the second mortgage disappeared from credit reports. Together, these signals reinforced the belief that the loan had been resolved, when in reality it remained outstanding.

What happens when a zombie mortgage comes back

A zombie mortgage can quickly turn a homeowner’s finances upside down. Debt collectors often arrive with sudden payment demands, leaving borrowers scrambling to understand a debt they may not have known still existed.

The situation is often compounded by time. Years of missed payments mean interest and fees have continued to build, leaving borrowers owing far more than the original balance.

Even homeowners who are current on their primary mortgage can face foreclosure if they cannot pay the second lien. As a result, many are forced to quickly negotiate repayment plans or risk losing their homes.

Are zombie mortgages legal?

Zombie mortgages are typically legal if the debt was never formally discharged, but there are some grey areas around how the debt is handled.

In 2023, the Consumer Financial Protection Bureau (CFPB) provided guidance to debt collectors, indicating that foreclosing on homes with mortgages that are past the statute of limitations may violate the Fair Debt Collection Practices Act.

According to the National Consumer Law Center Digital Library, the statute of limitations for foreclosures varies from state to state, but in many jurisdictions, the statute of limitations for foreclosures is six years.

Debt collection practices have also raised concerns. Some debt buyers use aggressive tactics, including threatening foreclosure on loans that have been dormant for years. In some cases, documentation has been called into question. Bloomberg has reported on families contacted by collectors whose records appeared inconsistent, including instances where documents were dated years before the debt was actually acquired.

Regulatory oversight remains uncertain. The CFPB was working to address the gray areas of zombie mortgages, but its work is still in limbo after the Trump Administration ordered the Bureau to stop all work in 2025, according to CNBC. Consumer Reports states that CFBP employees filed a lawsuit to stop mass layoffs, but most of the Bureau’s enforcement actions have been dropped, leaving consumers with fewer protections as these cases resurface.

How these old loans can resurface

Zombie mortgages are often tied to second mortgages or HELOCs issued during the early 2000s housing boom. After a foreclosure, refinance or bankruptcy involving the primary mortgage, the second lien may have gone quiet, leading homeowners to assume it was dismissed or satisfied.

In many cases, however, the loan was never formally released, even if statements stopped arriving. Over time, those dormant loans were sold to debt buyers, who can attempt to collect years later. With home prices rising, these old second mortgages have become more valuable, making them an attractive target for collection.

Many homeowners only discover the debt when they try to refinance or sell their home. Others are alerted by a notice from a new loan servicer demanding payment. In some cases, the loan surfaces during a review of property or title records.

How today's borrowing trends echo the past

Today’s borrowing trends are increasing the likelihood of another wave of zombie mortgages. According to HousingWire, rising property taxes, higher home insurance costs and elevated home prices have made refinancing or moving less practical for many households.

Instead, more homeowners are turning to second liens and HELOCs to tap their home equity for large expenses, increasing the use of these types of loans.

While these tools can serve a purpose, the growing risk of zombie mortgages highlights the pitfalls tied to second liens and HELOCs. These loans can become problematic when borrowers lose track of terms, balances or servicing changes over time.

The lesson is practical: homeowners should closely review loan documentation, monitor balances and not assume a debt has been resolved simply because statements stop arriving.

Periodically checking property and title records can help confirm whether a second lien is still attached to the home and reduce the risk of costly surprises later.

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Family phone plans are designed to lower costs by bundling multiple lines under one account, often with multi-line discounts that reduce the overall bill.

Added perks like shared data pools and simplified billing can make them especially appealing for households with teens or multiple users.

In many cases, these plans offer real savings and convenience. But as your lifestyle, usage habits and travel needs change, what once worked well may no longer be the best fit. In some situations, switching to individual plans can offer better value and flexibility, sometimes even at a lower cost.

Everyone has very different data needs

Family phone plans often feature shared data, allowing everyone on the plan to use data from a collective pool. While shared data can save on the cost of individual data plans for each line, as children become adults, their data usage patterns change, and that shared data may no longer be sufficient.

For example, one person might constantly stream, while another might mostly use WiFi and another may only need their phone for calls and occasional texts.

Shared data limits may create friction among users, and if multiple people on the plan are heavy data users, the group might exceed the pooled data's monthly limit. In these instances, individual unlimited data plans may be cheaper and more practical.

Travel and lifestyle differences create new needs

Changing travel habits can also be a sign that a family plan no longer fits. As children become adults, they may travel more frequently for work or relocate to different regions, which can require different coverage and plan features.

At the same time, parents entering retirement may spend more time on the go or traveling internationally. In these cases, features like international roaming, hotspot access and reliable coverage across regions can become more important. Perks tied to travel, such as airline WiFi or global data access, may shift from being occasional extras to everyday needs.

When each person's lifestyle and location begin to vary, a single family plan may struggle to support everyone equally. Plans with limited coverage or fewer travel features can leave some users underserved, making individual plans a better fit.

Perks and bundles may be wasted or mismatched

As your family grows and evolves, how each person uses their phone begins to change. At the same time, the perks and bundles tied to your plan may no longer align with everyone's needs. What once added value for the group may now benefit only one or two users.

For example, extras like streaming subscriptions, hotspot allowances, international features and device upgrade programs may have made sense when you first signed up. Over time, those benefits can become less relevant. If only one person regularly uses hotspot data while others do not, that feature is largely going unused.

It's worth taking a closer look at how each member actually uses the plan's perks. If benefits are mismatched or underused, switching to individual plans that better reflect each person's needs may offer greater overall value.

Managing the plan becomes a hassle

Most family plans are set up with one person responsible for managing the account, including billing, device upgrades, usage issues and adding or removing lines.

That structure can work well when parents are managing plans for younger children or teens. But as children grow older and become financially independent, it can start to feel impractical.

At that point, separating accounts may make more sense, allowing each person to manage and pay for their own plan.

Compare single line plans before you switch

If you are considering leaving a family plan, it is worth comparing the cost of single-line options that match your actual usage. In some cases, switching to an individual plan can offer similar features at a lower monthly cost.

For example, Visible Wireless offers a straightforward pricing structure that may appeal to users who want unlimited data without the complexity of a bundled family plan.

Its base plan starts at $25 per month and includes unlimited data, talk and text on Verizon’s 5G and 4G LTE networks, along with mobile hotspot access and spam call protection. That is roughly in line with what many people pay per line on a family plan, but without the need to share data or manage a group account.

If you are also planning to upgrade your device, switching plans may unlock additional savings. New Visible customers can receive up to $600 in service credits when purchasing an eligible iPhone and enrolling in the Visible+ Pro plan. To qualify, you will need to open a new line, purchase the device either in full or through a payment plan, select the qualifying plan and activate service.

Taking time to compare pricing, features and current promotions can help you determine whether moving to a single line plan offers better overall value for your needs.

When staying on a family plan still makes sense

Family phone plans can still offer strong value in many situations. Multi-line discounts can lead to savings, especially when your household also takes advantage of included perks like streaming services.

Shared data plans can further reduce costs, particularly for families with similar usage patterns. When everyone uses data at roughly the same level, a shared pool can be an efficient and cost-effective option compared to separate single-line plans.

These plans are also a practical choice for parents who are covering phone costs for younger children or teens, offering both convenience and potential savings.

How to decide whether a family plan still makes sense

Some families stay on family plans for years and remain satisfied with the arrangement. Others begin to run into challenges as the plan no longer reflects each person’s changing needs.

To decide whether a family plan still makes sense, start by comparing single-line pricing based on each member’s usage, including factors like international roaming and coverage. Price is important, but it should not be the only consideration.

If the plan is no longer meeting everyone's needs, it may be worth paying a little more for individual lines that offer a better fit. In some cases, you may be able to remove one user while keeping the existing plan and its perks.

It is also important to evaluate which perks your family actually uses and which ones go unused. If usage patterns have shifted significantly and needs are no longer aligned, moving to separate plans may provide better value and flexibility for each person.

Related content

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• Thinking of Switching Phone Carriers? Do These 8 Things First
• T-Mobile Senior Phone Plans: Are The Perks Worth the Price?

As mortgage rates ease from their recent highs, home equity lines of credit (HELOCs) are regaining traction among homeowners looking for flexible ways to borrow.

At the same time, many homeowners are sitting on record levels of equity after years of rapid home price growth that began during the pandemic. That combination is driving a shift away from cash-out refinancing and toward HELOCs as a more adaptable financing option.

But HELOCs aren't the same as they were a few years ago. New lender rules, evolving rate dynamics and tighter borrowing requirements are changing how these loans work in practice. Understanding those changes is key to deciding whether a HELOC fits your financial strategy in 2026.

What's changing with HELOCs and why it matters

A growing shift toward nonbank lenders is reshaping how HELOCs are structured. In the past, banks and credit unions dominated the market and typically allowed homeowners to open a line of credit without requiring an immediate draw.

Today, nonbank lenders, including institutional investors and fintech companies, are introducing stricter terms. Some now require borrowers to draw a minimum percentage of the credit line upfront, which can limit flexibility and might not align with how many homeowners prefer to use a HELOC.

Traditionally, many homeowners used HELOCs like a credit card, drawing only what they needed, repaying it, and borrowing again as needed. But that flexibility is starting to change. According to HELN News, some lenders are beginning to require an initial draw of 50% or more of the credit line, with certain products requiring even higher amounts. These requirements move away from the traditional borrow-as-you-go model.

Being forced to take a larger upfront draw can significantly increase the costs of a HELOC. Borrowers might end up paying interest on money they do not need yet, while also taking on higher monthly payment obligations. That added financial strain can become risky, especially if income changes unexpectedly.

How HELOC rates really work (and why timing matters)

HELOC rates are variable, which means they can change over time based on broader interest rate movements. Most HELOCs are tied to the prime rate, which is closely influenced by decisions made by the Federal Reserve. According to The Mortgage Reports, changes in Fed policy can filter through to HELOC rates and monthly payments within weeks.

The Federal Reserve sets the federal funds rate, a key benchmark that influences borrowing costs across the economy. When the Fed raises or lowers that rate, banks typically adjust the prime rate in response. Because HELOCs are priced using the prime rate plus a lender margin, those changes can directly affect how much borrowers pay, both now and over the life of the line of credit.

The Federal Reserve cut the federal funds rate several times in late 2025 but has held rates steady at its most recent meetings. As a result, HELOC rates remain relatively elevated, hovering in the low-to-mid 7% range, according to Bankrate. While many forecasts call for rates to gradually decline this year, that path is far from certain.

Borrowers opening a HELOC now could benefit if rates move lower. But variable rates cut both ways. With economic conditions still uncertain, there is also a risk that rates stay higher for longer or even rise again, which would push HELOC payments up over time.

How to compare HELOC offers like a pro

Since every lender sets their own HELOC terms and rates, it's important to shop around and compare offers. Consider the following factors as you evaluate HELOC offers:

• Look for draw flexibility: Choose a HELOC with no minimum initial draw requirement. The ability to borrow only what you need, when you need it, can help reduce interest costs and keep payments manageable.
• Compare margin and index, not just the teaser rate: Introductory rates are temporary and often last 12 months or less. Focus on the lender's margin and the index, typically the prime rate. Together, these determine your long-term rate once the teaser period ends.
• Check rate caps and adjustment frequency: HELOC rates can adjust as often as monthly. Most lenders set a lifetime cap on how high your rate can go, and some include periodic caps that limit how much it can increase at one time. These details directly affect your risk and potential payment changes.
• Watch fees closely: HELOCs can come with appraisal, application and title fees, along with ongoing costs like annual maintenance or inactivity fees. Closing costs might range from little to no upfront cost to as much as 2% to 5% in some cases.

Use the tool below to explore and compare some of today's top home equity offers:

When a HELOC makes sense — and when it doesn't

HELOCs can be a good fit in certain situations, particularly for home improvement projects where costs might change and funds are needed in stages. They can also help cover short-term liquidity needs, giving you flexibility to borrow and repay as expenses arise.

Some homeowners use a HELOC to consolidate higher-interest debt. While this can lower borrowing costs, it comes with added risk. Because HELOCs have variable rates and are secured by your home, missed payments could put your property at risk.

In other cases, a HELOC might not be the right choice. If your income is unpredictable or you might struggle to keep up with payments, the risk increases significantly. HELOCs are also less suitable for long-term borrowing, where a fixed-rate loan can offer more stability and predictable payments.

Keep in mind that payments can rise over time. If you aren't confident you can handle higher costs down the road, a HELOC might not be the best option.

Alternatives that might offer better value

Several alternatives might provide a better value and better overall fit than a HELOC:

• Home equity loan: A home equity loan offers a fixed interest rate and predictable monthly payments, which can make budgeting easier over time. This stability can provide peace of mind compared with a variable-rate HELOC.
• Cash-out refinance: A cash-out refinance replaces your existing mortgage with a larger one, allowing you to take a portion of your home equity as cash. With rates still relatively high, this option might not make sense right now, but it could become more attractive if borrowing costs decline.
• 0% introductory APR credit card: If you have strong credit, you might qualify for a card with a 0% introductory APR for 12 to 21 months. This can be a cost-effective way to finance short-term expenses. However, once the promotional period ends, rates can jump significantly, often into the teens or higher, so any remaining balance could become expensive quickly.

Smart borrowing strategies Kiplinger readers can use

If you're considering a HELOC, put smart borrowing strategies to use:

• Borrow in stages: Rather than maxing out your line with a large initial draw, borrow in stages as you need the money. This strategy can help avoid paying interest on funds that you didn't actually need.
• Lock in fixed-rate portions: Some lenders give you the chance to convert part of your HELOC balance into a fixed-rate loan. This option offers more predictable interest and payments, while the remainder of your HELOC retains that variable interest rate.
• Use a HELOC as a tool: HELOCs are a tool to help with short-term funding needs. They're not ideal as a long-term crutch. If you need a long-term funding solution, look at other options, such as a home equity loan.
• Match borrowing to ROI: Consider the return on investment (ROI) you'll get from a HELOC. For example, you might use the funds for a renovation that can significantly increase your home's value. Make sure that the ROI justifies the cost and the potential risk of a HELOC.

Used strategically, HELOCs can be valuable tools to help with your short-term funding needs. Just be sure that you understand how this tool works and that it's really the best option for your needs.

Related Content

• 4 Ways To Use Your Home Equity To Boost Your Retirement
• What Home Equity Is and Why It's a Valuable Long-Term Investment
• How a Home Equity Line of Credit (HELOC) Works

Ask a career professional in their 40s, 50s and 60s where they’d like to land in retirement, and chances are it would be a coastal town with plenty of sun, cool breezes and a healthy beach vibe.

There’s no reason any near-retiree, or even actual retiree, can’t make this dream come true, but it’s going to take some solid savings and lifestyle due diligence to turn that vision into a reality.

The fact is, after age 60, the real financial picture encompasses more than just home prices; it includes insurance premiums, property taxes, access to health care, and climate-related risks.

"For those who have never owned oceanfront property, they’re often surprised how much upkeep is required in the battle against rust and corrosion," said Andrew Motiwalla, founder and CEO at The Good Life Abroad in San Diego, California. "Overall, be ready to pay much more than you expect when buying any older property abroad."

Typical costs associated with retiring in a coastal community can stack up. For starters, be ready to deal with the expenses that come with a beach lifestyle.

1. Health care costs

Depending on which coastal community you choose (Motiwalla ranks them as ‘Major City, ‘Small City’ and ‘Rural Remote’), health care is a top priority.

"Many aspiring expats romanticize the rural, remote destinations but don't realize that as they get older, access to health care becomes more crucial," Motiwalla noted. "Retirees need to envision their medical needs 10 years in the future, not just today."

2. Sketchy taxable scenarios

For United States expats, favorable tax treatment is a moving target and often depends on the exact location and the source of your income.

"For example, many EU countries don’t treat Roth IRAs the way the United States does, so you’ll want country-specific advice before you move money," Motiwalla said. Another overseas example is Portugal's Non-Habitual Resident tax status, which has largely disappeared in recent years. "There was just too much public outcry about foreigners using public services without contributing taxes," Motiwalla said.

3. Higher-than-expected housing costs

Retirees who purchase properties fail to account for rising coastal insurance premiums, HOA reserves, flood mitigation costs, salt-air maintenance expenses, and property tax reassessments.

"The insurance expenses for hurricane-prone areas create significant increases in the total yearly property ownership expenses," said Ivan Shirokov, deputy director at Malta-based Firebird Tours.

Best beach towns in the U.S. for retirees

1. St. Petersburg, Florida

Cost of living: Approximately 4% lower than the U.S. national average

Average home cost: The median St. Petersburg home cost is around $364,000, about 5% lower than nearby Tampa and Clearwater.

Home prices are finally beginning to recede in the Tampa-St. Petersburg area, giving U.S. retirees an improving option in the Sunshine State.

"St. Petersburg, Florida, in the U.S., is a good coastal retirement hotspot because it offers excellent health access, reasonable housing costs, no state income tax, and a thriving retiree community with great cultural amenities," said Vukan Simic, travel expert and founder of BoatBooker, a boat rental services company.

When retirees compare inland versus coastal housing, commonly underestimated line items such as property taxes, HOA fees and maintenance need to be taken into consideration, and St. Petersburg is no different.

"Most people underestimate saltwater corrosion costs. Everything from HVAC systems to outdoor fixtures needs more frequent replacement," Simic said. "Insurance is the biggest shock for some. Coastal flood and wind coverage can triple your annual costs. Also, many coastal areas have special assessments for sea walls and beach nourishment that can hit thousands annually."

2. Gulfport, Mississippi

Cost of living: Up to 16% lower than the U.S. national average.

Average home cost: The median Gulfport home sale price is approximately $198,000 to $205,000 as of early 2026.

A lower-cost alternative to St. Petersburg, Tampa and Sarasota, Gulfport offers walkable waterfront living with median home prices typically below nearby Gulf Coast hot spots.

You won’t be alone, either. More than 10,000 retirees already call Gulfport home, with access to miles of white, sugary sand beaches stretching across the Gulf of Mexico, with direct access to the Gulf Islands National Seashore.

Watch out for surprise costs, such as homeowners' insurance, where Gulf Coast beach-based costs have surged, particularly for wind coverage. Flood zones are also a big deal in Gulfport, so retirees should price out FEMA and private flood policies before buying.

On the upside, health care access is strong thanks to nearby hospital systems in Gulfport and nearby Biloxi.

3. Wilmington, North Carolina

Cost of living: Up to 16% lower than the U.S. national average.

Average home cost: The median home price in Wilmington is about $310,000. Additionally, you should expect to pay between $10,000 and $18,000 in annual housing costs.

Wilmington and nearby Wrightsville Beach give retirees a temperate and relaxed lifestyle, blending Atlantic beaches with a midsize hospital/health care hub and lower housing prices down the road in Charleston, South Carolina.

Money-wise, North Carolina’s flat income tax simplifies retirement budgeting. The area's cost of living, which averages $66,000 to $67,000, should accommodate most retirement budgets.

As with Gulfport, hurricane exposure is a real risk along the North Carolina coast, and insurance premiums vary widely depending on proximity to the Intracoastal Waterway. Expect to pay about $3,000 to $10,000 per year in home insurance costs, depending on home size and proximity to the coast, with wind and storm damage the biggest risks.

Like most coastal communities, Wilmington retirees should also examine property tax reassessment rules before relocating, as rates also fluctuate in the region, especially if you live right on or near Wrightsville Beach.

4. Corpus Christi, Texas

Cost of living: Up to 24 % lower than the U.S. national average.

Average home cost: The median home price in Corpus Christi is about $260,000.

No state income tax and generally lower home prices than Florida’s coasts make Corpus Christi appealing.

"Florida stands out as exceptionally favorable for retirees as there's no state income tax, which means Social Security benefits and retirement account withdrawals aren't taxed at the state level," Simic said. "On the same level, Texas also offers no state income tax, though property taxes can be higher to compensate for lost revenue."

On the home pricing front, Corpus Christi offers an abundance of waterfront condos at prices usually below those in many East Coast beach markets, such as Daytona, Wilmington, and Tampa. In the beach town right on the Gulf of Mexico, the median home price is around $260,000, and prices are down about 2% from 2025.

Retirees should know that Texas property taxes are high, even without income tax. In 2026, the median property tax rate in Corpus Christi stands at approximately 1.58%. A home valued at $200,000 would see an annual cost of about $1,199.55

Windstorm insurance through the Texas Windstorm Insurance Association can add materially to annual carrying costs, so retirees should do their homework before making any home purchase offers.

5. Mobile, Alabama

Cost of living: Up to 11% lower than the U.S. national average.

Average home cost: The median cost of a home is about $246,000, with prices higher in the city’s Country Club area.

A northern port city, Mobile sits on the Mobile River at the head of Mobile Bay on the north-central Gulf Coast. Affordability is a big attraction for coastal retirees, as a retired couple with more than $61,000 in annual income can live comfortably in the city.

The city also offers some tax benefits to retirees.

For instance, Alabama also exempts Social Security from state income taxes, giving older residents more bang for their buck in Mobile. Note that weather can be a major issue for residents not used to Southern heat and humidity, and exposure to storms and flood insurance are real considerations.

Health care access might be limited, too, at least compared with larger U.S. coastal cities like nearby Pensacola and Gulfport/Biloxi.

Best international beach towns for retirees

1. Porto, Portugal

Cost of living: Up to 11% lower than the U.S. national average.

Average home cost (rental): About €1,200 to €1,500 ($1,300 to $1,700) for a one- or two-bedroom apartment.

Located on the Douro River estuary in northern Portugal, about two miles away from the Atlantic Ocean, Porto remains high on the list of preferred European coastal landing spots for U.S. expats.

Porto is a small, affordable city that invites retirees seeking a slower pace and the ability to mingle with locals, as well as a growing number of American and European retirees.

"Portugal has become increasingly attractive through its Non-Habitual Resident (NHR) program, which can provide significant tax reductions on foreign-sourced income for qualifying retirees for up to 10 years," Simic said. "However, retirees should still consult tax professionals familiar with both US and international tax implications, as individual circumstances significantly affect the actual benefits of any location."

Yet recent changes to Portugal’s tax incentives for foreign retirees mean the tax advantages are not as generous as they once were. "Currency fluctuations and residency requirements should also factor into long-term budgeting," Motiwalla adds.

Property-wise, coastal property prices, while rising, are often lower than comparable U.S. beach towns, and public health care is of high quality. Expect to pay about €1,200 to €1,500 for a nice one- or two-bedroom apartment ($ 1,300 to $1,700 in U.S. dollars), significantly lower than the $3,500 or more for a similar apartment in U.S. coastal cities such as New York or San Francisco.

2. Cagliari, Sardinia

Cost of living: Up to 30% to 50% lower than the U.S. national average.

Average home cost (rental): About €600 to €1,200 ($700 to $1,390) for a one- or two-bedroom apartment.

Founded by the ancient Phoenicians and historically a key Mediterranean port, Cagliari is the capital of the Italian island of Sardinia. While rental prices can vary, expect to pay about €1,100 ($1,200) for a centrally located apartment in the heart of the city and pay about €300 ($340) per month for groceries.

Health-wise, Cagliari is a Blue Zone known for longevity. "It's great for retirees because of the temperate climate, authentic culture and less-touristy vibe," Motiwalla noted. "Beautiful Poetto beach is just 10 minutes from the city center, so there's a great combination of a historical city, a gorgeous island to explore, and a beautiful beach."

3. Valencia, Spain

Cost of living: Up to 30% to 40% lower than the U.S. national average.

Average home cost (rental): About €1,070 ($1,150), €1,682 ($1,800) for a one-to-three-bedroom apartment.

Valencia has it all. The city has a beautiful historical center and a massive stretch of Mediterranean beach.

"Because it's Spain's third-biggest city, it has everything you would want in a city: culture, health care, a range of cuisines, and a variety of different types of neighborhoods to suit individual tastes," Motiwalla added.

You won’t need a car to get around Valencia, as public transportation is cheap and abundant. Good private insurance is available at about $100 per month. Dinner out on the town is easily affordable at about $10 to $15 in U.S. dollars.

4. Coronado, Panama

Cost of living: Up to 8.5% less expensive than Panama City and 25% lower than the U.S. national average.

Average home cost (rental): About $1,000 to $2,000 for a one- to three-bedroom apartment.

Located about an hour from Panama City, Coronado offers beachfront condos and established expat infrastructure for retirees who want the coastal life, but a demonstrated bargain. The area’s cost of living is low, with a single retiree able to live well on a $1,500 monthly income, and a retired couple enjoying the beach life on around $2,500 monthly.

Panama’s Pensionado program helps the expat budget, providing discounts on health care, entertainment, and other services for qualifying retirees.

"Retirees can get a Pensionado Visa if they make at least $1,000 a month in lifetime income," said Jackie Lange, owner of Panama Relocation Tours, a local travel and real estate company that started when Lange’s real estate friends visited the country. "Add $250 for your spouse. You'll also need a fairly clean FBI report to qualify for the Pensionado Visa."

Public health care is affordable relative to the U.S., but many expats rely on private facilities. "Health care is excellent in Panama," Lange noted. "Many doctors speak English. It cost me $15 to see my local doctor, without using insurance."

5. Mazatlán, México

Cost of living: Up to 8.5% less expensive than Panama City and 25% lower than the U.S. national average.

Average home cost (rental): About $1,000 to $2,000 for a one- to three-bedroom apartment.

Mazatlán’s Pacific coastline, walkable historic district, and comparatively low cost of living make it attractive for retirees seeking value. Plus, real estate prices remain well below those in many U.S. waterfront markets.

"On average, a couple can rent a nice furnished two-bedroom condo or small home, close to a lot of stores and restaurants they can walk to for about $600-800 a month," said Mariana Lange, founder of Austin, Texas-based Mexico Relocation Guide, a service dedicated to helping retirees move to Mexico.

"In beach areas like Mazatlán, electricity runs about $50-$70 a month. Groceries cost about the same as they do in Canada or the United States if retailers are shopping at big box supermarkets."

Foreign buyers typically purchase Mazatlán property through a fideicomiso, a bank trust structure in restricted coastal zones. Health care quality varies around coastal Mexico, and retirees should evaluate access to a reputable private hospital anywhere they go.

On the upside, treatment and service prices are low, and most people pay for minor expenses out of pocket, then have catastrophic insurance for major issues.

"If someone cannot afford health insurance, there are public hospitals that retirees can get treated at, which are a fraction of the cost," Lange said. "The public health care system's IMSS premiums range between $600 and $1,000 a year."

Other coastal retirement considerations to heed

Among the biggest financial misconceptions about living abroad is comparing daily cost-of-living items (rent, groceries, dining) while ignoring the three buckets that dominate retirement math: health coverage, tax residency/treaties and "friction costs."

"You typically need private health insurance for the residency visa process, and people underestimate major-event risk, like hospitalization or cancer, and the need to keep or re-start U.S. coverage if you return," Motiwalla said. "Additionally, regular trips back to the U.S. (like family, medical, logistics) can be one of the biggest hidden line items."

Currency risk is also a big issue in 2026, with the dollar fluctuating amid geopolitical tensions and higher interest rates compared with the Eurozone. A more bearish outlook for the dollar vs the euro at the start of 2026 has been tempered by recent dollar strength following the U.S.-Israeli strike on Iran at the end of February.

However, the risk of the dollar declining vs the euro again remains, and a weaker dollar would weigh on U.S. retirees who move abroad. " Imagine moving to Europe with one million U.S. dollars, and then a year later only having $900,000," said Motiwalla.

In general, the United States also has higher costs than international destinations.

"Consequently, the savings gap decreases because of factors such as health care access and private insurance and residency requirements, and currency value changes," Shirokov said. "The best strategies are through financial savings through careful execution, with the help of a trusted financial adviser, which requires complete preparation beyond simple retirement savings goals."

Coastal-minded U.S. seniors can easily expand their search in the U.S. and abroad if they don’t see what they like in Cagliari or Corpus Christi, especially from a household budget perspective.

For example, Belize is considered a retirement hotspot due to its Qualified Retired Persons program, which enables eligible retirees to avoid taxes on foreign income," said Daniel Gleich, board member at investment firm Madison Trust Company in New York City.

"Additionally, its proximity to the United States and English as the national language helps make integration simple for retirees seeking a Caribbean retirement," Gleich said.

While kicking tires at overseas coastal hotspots is encouraged by financial experts, retirees considering moving overseas must consider the full cost of such a move and how they can build a household budget that counters those costs.

"Health care coverage, insurance, travel costs to visit family, currency fluctuations and housing expenses can potentially offset their savings," Gleich said. "One strategy some retirees may not realize is the ability to use a self-directed IRA to invest in real estate, including coastal properties, as part of their retirement portfolio."

A self-directed IRA allows investors to diversify beyond standard stocks and bonds into alternative assets such as real estate, which can potentially generate passive income within a tax-advantaged account. "For retirees, this potential passive income can support their coastal lifestyle through retirement," Gleich said.

Related content

• Best Places to Retire in the US
• Worst Places to Retire in the US
• Best Places to Retire in the World

Tax season often brings a familiar ritual: filing your return and waiting to see how big your refund will be. For many households, that refund can feel like a financial bonus arriving just as spring expenses begin to pile up. According to the Internal Revenue Service (IRS), the average tax refund is currently $3,742.

But a large refund also means something else. You may have given the government an interest-free loan during the year.

Instead of sitting with the IRS, that same money could have been earning interest in a savings account, growing in an investment portfolio or helping you reduce debt. Even modest returns can add up when money stays in your own account throughout the year. While refunds can still serve a purpose for some taxpayers, it is worth understanding the opportunity cost.

Why tax refunds happen

Each year, the IRS issues hundreds of billions of dollars in tax refunds to U.S. taxpayers. Refunds typically happen for several reasons:

• Too much federal tax withholding from paychecks
• Estimated tax payments that exceeded actual tax liability
• Refundable tax credits, such as the Child Tax Credit or Earned Income Tax Credit
• Outdated W-4 forms that don't reflect a taxpayer's current situation

Changes like marriage, divorce or a new child may not be reflected in withholding adjustments when you file your taxes, which can impact your refund.

Many people also intentionally over-withhold because they want to avoid owing taxes when they file. Others treat their refund as a type of forced savings plan.

While that approach can help some households build a lump sum, it also means the money wasn't working for them during the year. So how much could that money actually earn if it stayed in your account during the year? The answer depends on where you keep it.

What your tax refund could earn in a high-yield savings account

High-yield savings accounts have offered higher interest rates in recent years than traditional bank accounts.

If the average $3,742 refund had instead been kept in a high-yield savings account earning 3% to 4% annually, it could have generated:

• About $112 in interest at 3%
• About $150 in interest at 4%

That may not sound like a huge amount, but it represents money earned simply by keeping the funds in your own account rather than sending them to the IRS through excess withholding.

High-yield savings accounts also offer flexibility. You can typically access the money anytime without penalties.

While rates are still elevated, use the tool below to explore and compare some of today's top savings account options:

What your tax refund could earn in a CD

Certificates of deposit (CDs) can sometimes offer higher yields than savings accounts, depending on the term. In exchange for locking your money away for a set period, banks and credit unions may offer a slightly higher interest rate than a typical savings account.

Below is an example of what a $3,742 tax refund could earn in CDs with different terms using rates from several top CD accounts Kiplinger has reviewed.

CDs typically require you to keep the money invested for the full term. Withdrawing funds early can trigger penalties, which often equal several months of interest. For savers who are comfortable locking up their money for a fixed period, however, CDs can offer predictable returns and protection from market volatility.

What your tax return could earn in the stock market

The opportunity cost becomes more noticeable over longer periods. Historically, the S&P 500 has averaged roughly 10% annual returns over the long term, though results vary significantly year to year and returns are never guaranteed.

If that same $3,742 had been invested instead of withheld, the potential growth could look something like this:

• 1 year: about $374 in growth
• 5 years: about $2,283 in growth
• 10 years: about $5,963 in growth

This example illustrates how even relatively small amounts can grow significantly over time through compounding.

Of course, stock market investing involves risk and short-term returns can fluctuate widely.

How to avoid overpaying taxes during the year

Taxpayers who want to keep more money in their pockets during the year can take a few steps to better align withholding with their actual tax bill.

• Review your W-4. Updating your W-4 allows you to adjust how much tax is withheld from each paycheck.
• Use the IRS withholding estimator. The IRS provides an online calculator that can help determine whether your withholding is on track.
• Adjust withholding after major life changes. Marriage, children, new jobs or side income can all affect your tax situation.
• Check withholding mid-year. Reviewing your tax situation halfway through the year can help prevent surprises.
• Work with a tax professional if income varies. Self-employed workers or freelancers may need more customized withholding or estimated tax planning.

When a tax refund might still make sense

Despite the opportunity cost, a refund isn't always a bad outcome. In some cases, refunds are unavoidable or even beneficial.

For example, refundable tax credits may generate a refund regardless of withholding. Also, self-employed taxpayers sometimes overpay estimated taxes to avoid penalties and those with irregular income may prefer a buffer to ensure they don't underpay.

For households that struggle to save consistently, a refund can also function as a once-a-year financial reset, providing money to build an emergency fund, pay down debt or cover large expenses.

Still, understanding the potential earnings that refunds represent can help taxpayers make more intentional decisions about how much they send to the IRS throughout the year.

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Many families with children consider having one parent stay home. Sometimes the decision is driven by lifestyle preferences, but rising child care costs are also pushing more families to rethink whether two incomes always make financial sense.

The ability to live on a single income varies widely depending on where a family lives. Housing, taxes and everyday expenses differ significantly from state to state, which can make living on one income easier to manage in some places than others.

In lower-cost states, a single salary may be enough to support a parent staying home with a child. In higher cost areas, however, families often need a much larger income to make the same arrangement work.

The states where a single income stretches the furthest

A single income stretches further in states where the overall cost of living is lower. Housing, taxes and everyday expenses tend to be more affordable, making it easier for one working parent to support a household while the other stays home.

According to an analysis by SmartAsset, the following states require the lowest minimum income for one working parent to support a three-person household with a stay-at-home parent and one child.

• West Virginia: $68,099
• Arkansas: $68,141
• Mississippi: $70,242
• Kentucky: $70,408
• North Dakota: $70,949

Several factors help make these states more affordable for single-income families. Housing costs tend to be lower because demand for homes is typically lower than in major metropolitan markets.

In states like West Virginia and Arkansas, home prices are well below the national median, according to data from the National Association of Realtors. Lower housing costs can significantly reduce the largest expense in most household budgets.

Everyday costs can also be more manageable. Utilities, transportation and taxes are often lower in many of these states, and shorter commutes or less reliance on expensive public transit systems can reduce monthly expenses. These factors together make it easier for a household to rely on a single paycheck.

Where a single-income household is hardest to maintain

In higher cost states, supporting a family on a single income becomes much more difficult. Higher housing prices, taxes and everyday living expenses mean a working parent must earn significantly more to support a stay-at-home parent and child.

According to the SmartAsset analysis, these states require the highest minimum income for one working parent to support a three-person household:

• Hawaii: $102,733
• California: $97,656
• Massachusetts: $97,261
• New York: $92,290
• Connecticut: $90,542

Working parents often need a much higher income in these states because of the overall cost of living. Housing prices tend to be significantly higher, particularly in areas with strong job markets and desirable climates, which increases one of the largest household expenses.

Other expenses also add to the difference. Child care, utilities, transportation and everyday goods are typically more expensive in higher cost states, making it harder for families to rely on a single paycheck.

Why childcare costs are reshaping family decisions

The rising cost of child care has prompted some families to reconsider whether two incomes still make financial sense or whether having one parent stay home could actually save money. For many households, the cost of care for one child can rival a monthly mortgage payment. According to the Economic Policy Institute, child care for one infant now costs more than public college tuition in 38 states and Washington, D.C.

Costs also vary widely by location. In Mississippi, child care averages about $572 per month, while in Washington, D.C., it averages roughly $2,363 per month.

Because of these differences, some families may find that the income lost when a parent leaves the workforce is close to what they were paying for child care. Depending on location and household income, staying home with a child can sometimes be a financially practical option.

Financial planning matters more than geography

Before switching to a single-income household, families should make sure key financial safeguards are in place to help weather unexpected events such as job loss or major expenses.

• Emergency savings: Saving three to six months of living expenses can help cover essential costs such as housing, groceries and utilities if the working spouse loses their job. An emergency fund can also help pay for unexpected expenses like a car repair or home maintenance without relying on credit cards or other debt.
• Affordable housing: Financial experts generally recommend that families spend no more than 30% of their take-home pay on housing. Keeping housing costs within this range can make it easier to manage other expenses and reduce financial stress if costs rise or income changes.
• Health insurance coverage: Families should review how health insurance will work if one parent leaves their job. In many cases, the household will rely on the working spouse’s employer-sponsored plan. Understanding premiums, deductibles and coverage options ahead of time can help avoid unexpected medical costs.
• Retirement contributions: When a parent leaves the workforce, they may lose employer retirement contributions. Families should consider how they will continue saving for retirement, such as increasing contributions through the working spouse’s plan or using a spousal IRA.

What families should calculate before switching to one income

If you are considering switching to a one-income household, it is important to evaluate how the change will affect your family’s finances before making a decision.

Start by comparing child care costs with the income your family would lose if one parent left the workforce. Depending on how many children you have and the rates in your area, the cost of care may be close to or even exceed the income from the second job.

Families should also think about the long-term impact on retirement savings. When a parent leaves the workforce, they may lose employer retirement contributions and years of potential investment growth. Even if the household continues saving through a spousal IRA or the working spouse’s retirement plan, the change can affect long-term balances.

Health insurance is another factor to review. A single-income household will typically rely on the working spouse’s employer plan, so it is important to understand premiums, deductibles and other out-of-pocket costs before making the transition.

Finally, it can help to think about future career options. Some parents plan to return to work once their children are older, and staying connected to professional networks or maintaining relevant skills can make that transition easier.

Is a one-income household still possible today?

As the cost of living continues to rise, many families find it harder to rely on a single income. Whether a family can afford to have a stay-at-home parent often depends on factors such as income, location and overall household expenses. In the right circumstances, however, careful planning and the right income level can still make a one-income household possible.

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Financial security rarely comes from hitting one magic number. Instead, it grows in layers, and for many households, the biggest source of money stress isn't just low savings. It's uncertainty.

When you don't know whether your savings are "enough," every unexpected expense can feel like a crisis waiting to happen. That's why financial experts increasingly recommend thinking about savings in tiers rather than aiming for one overwhelming goal. Each level of savings offers a different type of protection and peace of mind.

If you're trying to feel more financially secure this year, these three benchmarks can serve as a practical roadmap.

Financial anxiety often comes from uncertainty, not just lack of savings

Many Americans carry financial stress even when they're earning steady incomes. Without a clear sense of how much savings is sufficient, it's easy to feel like you're always falling behind.

Savings benchmarks provide clarity and momentum. Instead of viewing financial security as an all-or-nothing destination, tiered savings goals allow you to build confidence with each milestone you reach. Even modest savings can dramatically reduce reliance on credit cards, payday loans or last-minute borrowing.

Rather than asking, "Do I have enough saved?" a better question may be: "What level of protection have I built so far, and what's the next step?"

The first $1,000: Your crisis buffer

The first meaningful savings milestone is often the most powerful psychologically: a $1,000 emergency cushion.

This initial buffer is designed to cover small but urgent expenses such as:

• Car repairs
• Appliance replacements
• Medical copays
• Minor home maintenance

Without this cushion, even modest surprises can trigger credit card debt or short-term loans. Having $1,000 set aside can prevent a temporary expense from turning into a long-term financial setback.

It's also a relatively achievable goal. Saving $100 per month, for example, can build a $1,000 buffer in about 10 months. Tax refunds, bonuses or side-income windfalls can accelerate the process significantly.

Reaching this first milestone isn't about full financial security yet. Instead, it's about creating breathing room.

The $2,000 mark: Where financial stress starts to ease

Research conducted by Vanguard on financial well-being consistently shows that stress begins to decline once households accumulate a few thousand dollars in accessible savings.

Around the $2,000 level, many people report fewer day-to-day money worries and greater confidence handling unexpected expenses.

At this stage, savings can cover:

• Larger car or home repairs
• Higher medical bills
• Short income disruptions
• Insurance deductibles

This level acts as a bridge between surviving and stabilizing. You’re no longer operating paycheck-to-paycheck in the same way, and unexpected costs are less likely to derail your entire budget.

Just as important are the psychological benefits. Knowing you have a cushion can reduce financial anxiety and help you make more thoughtful decisions rather than reacting out of urgency.

Three to six months of expenses: True financial security

Once you've built a starter cushion, the long-term goal is typically a full emergency fund covering three to six months of essential expenses.

This level of savings is designed to protect against major disruptions such as:

• Job loss
• Extended illness
• Economic downturns
• Major life transitions

However, the right target varies by household.

Those who may want closer to six months of expenses saved include:

• Single-income households
• Freelancers or variable-income workers
• Retirees without steady income
• Homeowners with higher maintenance costs

Households with dual incomes, stable employment or strong support systems may feel comfortable with closer to three months.

The key is flexibility and doing what works best for you instead of focusing too heavily on rigid rules. Building a cushion that allows you to handle life’s uncertainties without panic will help you feel more financially secure.

Where to keep your savings so it actually works for you

Emergency savings should be easy to access when you need them. That means prioritizing liquidity over higher investment returns.

Common options include:

High-yield savings accounts: These accounts typically offer significantly higher interest rates than traditional savings accounts while keeping funds accessible.

Money market accounts: Often providing competitive rates and limited check-writing or debit access, money market accounts can be another flexible option for emergency funds.

Traditional savings accounts: While rates may be lower, they still offer simplicity and immediate access.

Whichever option you choose, focus on ensuring your savings are safe, accessible and separate from daily spending.

Use the tool below to compare some of today's top savings account offers, powered by Bankrate:

How to build savings in stages without feeling overwhelmed

Building savings can feel daunting, especially if your budget is tight. Breaking the process into manageable steps can make it more sustainable.

Start by automating contributions, even if they're small. Consistency matters more than the amount. Setting up an automatic transfer of $25 or $50 per paycheck can steadily grow your balance without requiring constant decision-making.

Use windfalls strategically. Tax refunds, bonuses and cash gifts can provide opportunities to make real progress toward savings goals.

Another approach is temporarily cutting or pausing one discretionary expense such as a subscription or dining out category, and redirecting those funds into savings until you reach your next milestone.

Over time, these incremental actions compound into stronger financial security.

When it makes sense to prioritize debt over savings

For households carrying high-interest debt, the choice between saving and paying down balances can feel complicated. In many cases, a hybrid approach works best.

Building a small emergency buffer, often $1,000, before aggressively tackling high-interest debt can prevent new borrowing when unexpected expenses arise. Once that buffer is in place, focusing on paying down costly debt can free up future cash flow for larger savings goals.

Avoid all-or-nothing thinking. You don't need a fully funded emergency account before addressing debt, and you don't need to be debt-free before saving. Progress on both fronts can happen simultaneously.

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It's common to feel like you're behind when it comes to building wealth, especially if you are measuring your progress against traditional age-based milestones. Many people have been taught to follow a set path: start saving for retirement in your twenties, invest a set percentage of your income in your thirties and increase contributions later in life.

In reality, financial lives rarely follow a straight line. Career changes, caregiving responsibilities, divorce, periods of unemployment or simply getting a later start can all shift your timeline. As a result, you may not be where you expected to be for your age.

That does not mean you are behind. It means you are in a different phase. When you focus on your current financial position instead of your birth year, you can build a plan that meets you where you are and helps you move forward at any stage of life.

The four phases of building wealth

Rather than focusing on wealth-building phases as defined by your age, this four-phase approach provides a broader overview to help you build wealth based on your progress. It is designed to meet you where you are financially and give you clear next steps, no matter when you start.

Stability: Build your financial foundation

During the stability phase, you focus on building a strong financial foundation that supports every phase that follows. As your finances become more stable, day-to-day stress often becomes easier to manage.

Prioritize these four goals during this stage:

• Build an emergency fund: Open a savings account that you’ll use only for your emergency fund and start building the fund until it includes three to six months of your living expenses. If that’s overwhelming, start with a smaller goal of building up $500 or $1,000 in savings, and then continue to build the fund from there.
• Debt paydown strategy: Work to pay down any existing debts, such as credit card, student loan and car loan debts. Pay off the debts with the highest interest first, then put the money you were paying on that account toward your debt with the next highest interest level.
• Develop consistent income and budgeting: Work to develop a consistent income, whether that’s through traditional employment or freelance work. This is also the time to create a budget and stick to it.
• Start your retirement contributions: Begin contributing to your retirement savings. If you’re employed, this is a great time to take advantage of an employer 401(k) match to maximize your investments.

Use the tool below, powered by Bankrate, to explore and compare some of today's top savings account offers:

Growth: Increase savings and start investing seriously

Once you are financially stable, you can start increasing your savings and shift your focus more toward investing. This phase is about building momentum, growing your assets and making your money work more consistently for you over time.

Focus on these key strategies to strengthen your progress:

• Raise your investment rate: If possible, increase your contributions to 15% or more of your income. This helps accelerate long-term growth and keeps your investments aligned with your financial goals.
• Maximize tax-advantaged accounts: Accounts such as 401(k)s, IRAs and HSAs can lower your tax burden while helping you save for long-term goals. Aim to contribute as much as you can within annual limits to get the most benefit.
• Automate investing: Setting up automatic contributions helps keep your investing consistent and removes the need to make decisions each month. Use tools that regularly transfer funds into your investment accounts so you stay on track.
• Avoid lifestyle inflation: As your income grows, it can be tempting to upgrade your home, car or daily spending. Keep your lifestyle aligned with what your income can comfortably support so you can continue building wealth.

Optimization: Make your money work harder

In the optimization phase, the focus shifts to making your money work more efficiently. With a solid foundation and consistent investing in place, this is the time to refine your strategy and improve.

Focus on these key strategies:

• Implement tax strategies: Explore tax strategies that align with your goals. For example, a traditional IRA offers tax-deductible contributions today but taxable withdrawals later, while a Roth IRA uses after-tax contributions and provides tax-free withdrawals in retirement.
• Asset allocation tuning: Review your portfolio regularly to ensure your investments are aligned with your goals. Adjusting your asset allocation over time can help manage risk while keeping you on track to meet your long-term objectives. For more complex decisions, you may consider working with a financial adviser to refine your approach.
• Real estate or additional income streams: Look for ways to create additional income streams, whether that’s investing in real estate or doing some freelance work on the side.
• Invest in HSA and brokerage accounts: Consider investing in HSA and brokerage accounts. While a traditional HSA helps you save for current medical expenses, pairing it with brokerage accounts can help grow your money long-term.

Preservation and income: Protect and use your wealth

Once you have built a solid level of wealth, the focus shifts to protecting it and using it strategically. This phase is about managing risk, preserving what you have worked to accumulate and creating a plan to support your long-term needs.

Focus on these key priorities:

• Focus on risk management: Work with a financial professional to develop a risk management strategy that fits your needs. This goes beyond your investment portfolio and may include added insurance or other protections to help safeguard your assets and provide peace of mind.
• Develop a retirement income strategy: Identify your expected income sources and plan how they will support a comfortable retirement.
• Withdrawal planning: Determine when and how to withdraw from your investments to support your income needs. A tax professional or financial planner can help you structure withdrawals in a tax-efficient way.
• Review estate planning: Revisit your estate plan to make sure it still reflects your wishes. Update your will and consider any additional steps needed to protect your assets and beneficiaries.

You can start in any phase but you can't skip the order

You can begin this process at any phase, but you cannot skip the order. Each phase builds on the one before it, and a strong foundation is essential, no matter when you start.

For example, a high earner with little or no savings still needs to establish financial stability before moving forward. A mid-career saver with a solid financial foundation may be ready to focus on growth and optimization.

If you are nearing retirement, blending the optimization and preservation phases can help you make the most of what you have built.

How to figure out your current phase

To get started, you will need to identify your current phase so you can focus on the right priorities. A quick self-assessment can help you understand where you stand and what to tackle next. Ask yourself these questions:

• Do you have emergency savings? If not, start with the stability phase.
• Are you consistently saving and investing? If so, you may be in the growth phase.
• Are you actively managing taxes and fine-tuning your investments? You are likely in the optimization phase.
• Are you planning how to generate income from your assets? You are in the preservation and income phase.

How to move to the next phase faster

There are several ways to build wealth and move into the next phase more quickly. Increasing your income, whether by negotiating a raise or taking on side work, can accelerate your progress. At the same time, look for opportunities to reduce fixed expenses, such as choosing a less expensive vehicle to lower or eliminate a car payment.

You may also benefit from consolidating and simplifying your bank and investment accounts. This can help reduce fees and give you a clearer view of your overall financial picture. Avoid setbacks that can slow your progress, such as taking on high-interest debt, and stay focused on your long-term goals.

No matter where you start, progress can happen faster than you expect. By focusing on your current phase rather than comparing yourself to age-based milestones, you can take control of your finances and continue building wealth over time.

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Buying a new vehicle is a major investment, and the cost of new vehicles has soared in recent years. According to Kelley Blue Book, the average price of a new car reached a record $50,326 in December 2025, making any potential savings on a vehicle purchase even more valuable.

Costco may be known for offering great deals on groceries, appliances and other items, but the Costco Auto Program could help you save on a new or pre-owned vehicle purchase or lease. While the program provides a more streamlined buying experience, it doesn't always guarantee the lowest possible price.

The program offers several additional perks for members, from discounts on parts and service to discounts on RVs. Taking a closer look at how the program works and what these benefits include can help you decide whether it's a good fit for your next vehicle purchase.

What is the Costco Auto Program?

Costco doesn't sell vehicles directly. Instead, it connects members with a network of participating dealerships that offer prearranged pricing. The Costco Auto Program, which has been around since 1989, is free to use with an active Costco membership.

Through the program, members can shop for new vehicles, electric vehicles and certified pre-owned models, all with pricing negotiated in advance through participating dealers.

How the Costco Auto Program works

Once you decide to use the program, the process is fairly straightforward:

• Visit the Costco Auto Program website. To get started, you’ll search the auto program website for the type of vehicle you want to buy or lease. You'll enter your zip code and pick out the vehicle you want.
• Get connected with an approved dealership. After selecting your car, you'll enter your contact information and Costco member number. From there, Costco will connect you with an authorized dealer. That dealer will contact you to make an appointment.
• Review price information. During your appointment, you'll receive prearranged Costco member pricing on the vehicle.
• Complete your purchase. You can choose to complete the purchase or lease, or you can decide not to buy the vehicle after seeing the prearranged price.

Costco vets and trains participating dealerships, with a focus on customer service, to help ensure a more consistent and lower-pressure buying experience. However, Costco doesn't sell vehicles or negotiate individual transactions. You'll complete the purchase directly with the dealership.

Pricing is negotiated in advance between Costco and participating dealers, but it isn’t displayed online. Instead, you'll need to visit or connect with the dealer to receive your prearranged Costco member price and decide whether to move forward with the purchase.

Dealerships pay a fee to participate in the program, which helps support and maintain the service.

How much money can you save?

The amount you can save through the Costco Auto Program varies based on the vehicle model, demand and your location. Some estimates suggest average savings of around $1,000 on a new vehicle purchase, though actual discounts can be higher or lower depending on market conditions.

In some cases, limited-time manufacturer incentives can increase your savings when combined with Costco’s prearranged pricing. For example, the current promotion offers eligible Costco members up to $1,250 on a new Chevrolet Traverse for Executive Members ($1,000 for non-Executive Members), plus any additional incentives they qualified for.

These types of promotions can increase the overall value of the program, especially if you're flexible on timing your purchase.

Additional perks beyond vehicle pricing

The Costco Auto Program also includes perks beyond vehicle pricing that can add ongoing value. Member-only incentives and limited-time promotions can be stacked on top of the prearranged Costco price, potentially increasing your total savings at the time of purchase or lease.

In addition, members receive 15% off parts, service and accessories at participating service centers. Savings are capped at $500 per visit, but these discounts can help reduce maintenance and ownership costs over time, especially for routine services or larger repairs.

Pros of using the Costco Auto Program

Here are a few reasons to consider using the Costco Auto Program:

• Simple purchase process: With the program, you can get a prearranged price on your vehicle. There's no haggling required, and the purchase is simple and straightforward.
• Access to vetted dealerships: Costco has vetted dealerships for customer service, which can give you peace of mind as you shop.
• Predictable pricing: Costco's prearranged pricing is predictable. It typically won't exceed the vehicle's MSRP and may help you save compared to what you would pay at another dealership.
• Reduced sales pressure: Compared to traditional dealerships, the Costco Auto Program offers a lower-pressure buying or leasing experience.

Cons and limitations buyers should know

While there's a lot to like about the Costco Auto Program, it does come with some drawbacks:

• Must use participating dealers: If you want to use the program, then you must buy a vehicle through a participating dealer. That might mean you could miss out on decent deals offered by dealers that don't participate in the program.
• Pricing isn't quoted remotely: In most cases, the preauthorized pricing isn't quoted remotely, and you'll need to make an appointment with a dealer to access that pricing.
• Negotiators could find better deals elsewhere: If you're a skilled negotiator, you might be able to find a better deal on that same vehicle by using a traditional approach and negotiating a vehicle price down, especially if you have an older vehicle to trade in.
• You might face add-ons or extras: Dealers in the Costco program might still offer add-ons or extras. These options can quickly increase your preauthorized price.
• Costco membership required: To use the Costco Auto Program, you’ll need an active Costco membership.

Who the Costco Auto Program works best for

The Costco Auto Program tends to work best for buyers who value simplicity and a more predictable experience. If you dislike negotiating, the prearranged pricing can take much of the stress out of the process.

First-time car buyers may also appreciate the straightforward, guided approach, while busy shoppers can benefit from being able to start the process online and complete a more streamlined transaction at the dealership.

The program can be especially useful for high-demand vehicles, where discounts below MSRP are harder to find. In those cases, even a modest prearranged discount or added incentive can provide value.

That said, the program may not be the best fit for every buyer. If your top priority is getting the lowest possible price and you are willing to visit multiple dealerships, negotiate or use competing offers as leverage, you may be able to find a better deal on your own.

Tips to get the most value from the Costco Auto Program

You can get the most value from the Costco Auto Program if you're willing to do a little extra research:

• Compare Costco pricing with outside quotes: In some cases, you might find the best pricing through the Costco program, but that won't necessarily always be the case. Do some comparison shopping and see if you could save more on the same vehicle at a dealership outside of the program.
• Stack manufacturer rebates and financing incentives: Research available manufacturer rebates and financing incentives. You can stack these on top of the Costco pricing for additional savings.
• Research dealer add-ons: Dealer add-ons, like extended warranties and paint and fabric protection, may seem like a good investment in your vehicle, but they can quickly increase the price. Research these add-ons to determine which are really worth the investment for your situation.
• Verify inventory availability: Before you visit a participating Costco dealership, verify that the vehicle(s) you're interested in are available. Doing so can ensure that you'll be able to test drive the vehicles and complete a purchase if you decide to do so.

Is Costco's Auto Program worth it?

The Costco Auto Program offers convenience and predictable pricing, but it doesn’t guarantee the lowest possible deal in every situation. If you're in the market for a new car, consider how much you value a simpler buying experience versus the potential savings of negotiating on your own.

It can be worth comparing the Costco price with quotes from other dealerships, as well as factoring in available incentives and your willingness to negotiate. Weighing these trade-offs can help you decide whether the program is the right fit for your budget and buying style.

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Mortgage rates are still a lot higher than they were just a few years ago, and that’s making both buyers and sellers look for creative ways to make the numbers work. One option getting fresh attention in 2026 is the assumable mortgage.

It’s a little-known feature that could allow a buyer to take over a seller’s existing low-rate home loan instead of applying for a new one. In the right situation, that could mean locking in a mortgage rate closer to 3% when new loans are hovering around 6% or more. That kind of difference can significantly change monthly payments and long-term affordability.

While assumable mortgages aren't common, they're worth understanding, especially if you plan to buy or sell a home this spring and want to be prepared if the topic comes up.

So what exactly is an assumable mortgage?

At its core, an assumable mortgage is pretty simple: instead of getting a brand-new home loan, the buyer takes over the seller's existing mortgage.

That means the buyer assumes whatever is left on the loan like the interest rate, remaining balance, repayment timeline and terms. If the seller locked in a below-market rate a few years ago, the buyer may be able to keep that same rate today.

So rather than starting over with a new 30-year mortgage at current market rates, the buyer essentially steps into the seller's loan. It can feel a bit like inheriting a better deal from a different housing market era, but it still requires lender approval and careful planning.

In practice, finding a home with an assumable mortgage — and a seller willing to offer it — can take extra effort.

Why assumable mortgages matter right now

Assumable mortgages are getting renewed attention because of where interest rates are today.

Many homeowners purchased or refinanced when mortgage rates were between 2% and 4%. In early 2026, mortgage rates nationally are closer to the mid-6% range. That gap can make a noticeable difference in monthly payments.

For example, taking over a loan with a 3% rate instead of getting a new mortgage at 6.5% could save a buyer hundreds of dollars each month. Over time, that could mean tens of thousands in interest savings. One key detail: the loan term doesn't reset, so a mortgage with 25 years left stays a 25-year loan.

In a market where affordability is still tight, even modest payment reductions can help buyers qualify for a home or simply feel more comfortable with the long-term cost.

For sellers, offering a low-rate assumable mortgage can make a listing more attractive in a high-rate market and potentially help it stand out.

Which loans can be assumed?

Not every mortgage can be assumed, so this is where things can get a little more specific.

Most assumable loans are government-backed mortgages, including:

• FHA loans
• VA loans
• USDA loans

These programs typically allow assumptions, though buyers still need to qualify with the lender.

Most conventional mortgages, on the other hand, aren't assumable unless the lender specifically permits it and that's not very common. As a result, assumable mortgages remain more of a niche option than a mainstream financing strategy.

How the assumption process works

While the idea sounds straightforward, the process of assuming a mortgage involves a few extra steps.

Here's the general flow:

1. Buyer and seller agree on the purchase.

Both parties decide to move forward with a mortgage assumption as part of the sale.

2. Buyer applies with the current lender.

The buyer must go through a qualification process similar to applying for a new mortgage.

3. Lender reviews finances.

Credit score, income, debt and employment are evaluated to confirm the buyer can handle the loan.

4. The equity gap gets addressed.

If the home is worth more than what’s left on the mortgage — which is often the case — the buyer must cover the difference, sometimes with a large upfront payment or a second loan at today's higher rates.

5. Closing and transfer.

Once approved, the mortgage transfers to the buyer and the home sale is finalized.

The timeline can vary depending on the lender. Some are set up to handle assumptions smoothly, while others may take longer, so patience can be required. In some cases, assumptions can take longer than a traditional closing, depending on how quickly the lender processes the request.

When an assumable mortgage can make sense

Assumable mortgages tend to shine when a few key factors line up.

They can be especially appealing when:

• There’s a big gap between the existing mortgage rate and today’s rates
• The lower payment helps the buyer qualify more easily
• The buyer plans to stay in the home for many years
• The seller hasn’t built up too much equity yet
• The buyer has enough cash to cover upfront costs
• The loan is FHA or VA, which are commonly assumable

Over time, locking in a much lower rate can lead to meaningful savings. For buyers planning to stay put long term, the math often looks better the longer they hold the loan.

When the numbers don’t work as well

Even with a great interest rate, assumable mortgages aren't always the best move.

Here are a few situations where they may be less appealing:

• The seller has built significant equity, requiring a large upfront payment
• The buyer needs a second mortgage at today's higher rates
• A lot of cash gets tied up in the purchase
• Assumption fees and paperwork slow things down
• Sellers prefer faster offers in competitive markets

Sometimes a traditional mortgage, even with a higher rate, can be simpler or offer more flexibility.

Use the tool below to search for some of today's top mortgage offers, powered by Bankrate:

Watch for the less obvious costs

A low interest rate can be appealing, but buyers still need to look at the full picture.

Some assumable loans come with extra considerations, such as:

• Ongoing mortgage insurance: If the loan is an FHA mortgage, it may come with a mortgage insurance premium (MIP) that lasts for the life of the loan. That monthly cost can increase the total payment and should be weighed against the benefit of the lower interest rate.
• VA entitlement considerations: If a VA loan is assumed by a non-VA buyer, the seller’s VA entitlement may remain tied to the property. That can limit their ability to use a VA loan again until the mortgage is paid off or refinanced. In some cases, this can be avoided if another eligible veteran assumes the loan and substitutes their entitlement.
• Assumption and processing fees: Lenders typically charge administrative and assumption fees to transfer the loan. While often lower than traditional closing costs, they can still total several hundred to a few thousand dollars and should be factored into the overall deal.
• Escrow and servicing differences: Assuming a mortgage means taking over the lender’s existing servicing setup, including escrow requirements for taxes and insurance.
• Second financing costs: If the home's value exceeds the remaining loan balance, buyers may need a second loan or a large cash payment to cover the difference. That additional financing will likely come at today's higher interest rates, reducing some of the assumed loan's savings.
• Potential appraisal or repair requirements: Some lenders may still require a home appraisal or certain property conditions to be met before approving an assumption. Any required repairs or updates could add to the buyer's upfront costs depending on how the contract is negotiated.

These details don't necessarily make an assumable mortgage a bad deal, but they're worth understanding before moving forward.

Compare all your options first

Before committing to an assumable mortgage, it helps to run the numbers side by side with a traditional loan.

Look at:

• Monthly payments under each option
• Total interest paid over five, 10 and 20 years
• Cash needed at closing
• Flexibility to refinance later
• Overall long-term affordability

In some cases, a new 30-year mortgage could still offer lower monthly payments, especially if the assumed loan has a shorter remaining term or high insurance costs.

It’s a niche tool, not a shortcut

Assumable mortgages aren't for everyone, and they're not a magic fix for affordability challenges. But in the right situation, they can be a powerful tool.

They tend to work best for buyers who are financially prepared, planning to stay in the home long term and are comfortable navigating a slightly more complex process. For sellers, having an assumable low-rate mortgage can help a home stand out in a higher-rate market.

Even if you don’t end up using one, understanding how assumable mortgages work can help you ask better questions, or answer them, as the spring housing market gets underway.

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For many households, hosting a Super Bowl party has quietly become one of the most expensive "fun" nights of the year right up there with a family birthday dinner out or a weekend road trip. You head to the grocery store with a short list and a rough budget in mind: wings, chips, something bubbly to drink, maybe a veggie tray so your meal can be more balanced. But by the time you reach the checkout, the total can feel closer to a car payment than a casual Sunday gathering.

That sticker shock is happening even as broader grocery inflation has cooled. The disconnect comes from what people actually buy for game day.

Add in Americans' growing preference for convenience and social gatherings, and the cost of feeding a crowd for football’s biggest night can rival a monthly utility bill. Here's what the numbers show this year, and what's driving them.

How much does it cost to host a Super Bowl party in 2026

Most national estimates peg the average cost of hosting a Super Bowl party for about 10 guests between $120 and $150, depending on how much food is homemade versus store-prepared and how much alcohol is served.

That total typically covers wings or other protein, chips and dips, a veggie or fruit tray, dessert and a mix of beer, soda and bottled water.

Average cost for 10 guests

A "middle-of-the-road" spread might look like this:

• Protein (wings, sliders or sausage): $45 – $55
• Snacks and sides (chips, dips, veggie tray): $30 – $40Beverages (beer, soda, seltzer, water): $35 – $45
• Dessert and paper goods: $10 – $15

Total: $120 – $150

Households that lean heavily on store-prepared platters or premium beer and spirits can easily push that total closer to $175.

Comparison to last year and pre-pandemic costs

In 2025, similar party estimates clustered closer to the $110–$130 range. Before the pandemic, hosting a comparable gathering often cost under $90–$100.

More recent data reinforces that upward trend. One 2026 analysis found hosting a 10-person Super Bowl party costs about $167 — roughly 43.9% higher than in 2020. Taken together, those estimates suggest the cost of hosting a Super Bowl party has climbed roughly 30% to 45% over the past five to six years, even as broader grocery inflation has cooled.

The biggest cost drivers for game-day parties

The biggest drivers behind rising Super Bowl party costs come down to a few key categories. Protein, beverages and convenience foods tend to account for the largest share of game-day spending, and all three have seen notable price pressure in recent years.

Meat and seafood price increases

Chicken wings remain one of the most popular items in the grocery store. While prices are lower than the peaks seen during avian flu disruptions, they’re still elevated compared to historical norms.

Beef for sliders or chili and shrimp for party platters also carry higher price tags, making protein the single largest line item on most Super Bowl shopping lists.

Price breakdown:

• Fresh or frozen wings: $2.99 – $4.49 per pound
• Feeding 10 people: 5–7 pounds = $20 – $30

Alcohol and beverage spending

Beer, hard seltzer and soda add up quickly. A single case of domestic beer can run $18 – $25, while craft or imported options often cost more. Multiply that by two or three cases for a crowd, and beverages can rival the cost of the food itself.

Price breakdown:

• Two cases of beer + soda and water: $30 – $45
• Add a bottle or two of wine: +$15 – $25

Prepared food vs. homemade spreads

Convenience comes at a premium. A deli veggie tray or wings platter can cost two to three times more per serving than making the same items at home. For hosts short on time, that tradeoff is often worth it, but it shows up clearly in the final total.

Price breakdown:

• Pre-made tray: $12 – $20
• DIY version: $7 – $10
• Chips, salsa, queso, nuts: $15 – $25

Why Super Bowl parties are getting more expensive

There are several reasons why Super Bowl parties are getting more expensive mainly due to the cost of food. ​​While headline inflation has slowed, food-away-from-home and prepared foods continue to rise faster than basic grocery items.

That matters for Super Bowl hosts who rely on deli counters, frozen appetizers and catering-style platters. For example, beef prices jumped more than 16% year over year, meaning burgers, sliders and other protein dishes are more expensive to put together than just a year earlier.

On the supply chain side of things, higher wages in food processing, transportation and retail continue to feed into prices, particularly for labor-intensive items like meat and ready-to-eat foods.

Also, more households are willing to pay extra for time-saving options, which encourages retailers to expand premium party offerings, often at higher margins than raw ingredients.

How much Americans spend overall on the Super Bowl

The Super Bowl isn't just about chips and wings. It’s one of the biggest annual consumer spending events in the U.S. According to the National Retail Federation and Prosper Insights & Analytics' 2026 Super Bowl spending survey, Americans are projected to spend about $20.2 billion on food, drinks, apparel, decorations and other game-day purchases this year, with an average of roughly $94.77 per person.

That total reflects everything from party groceries and beverages to themed gear and festive décor, underscoring how deeply the event has become woven into household entertainment budgets.

Ways to host a Super Bowl party for less

Hosting a great Super Bowl party doesn’t have to mean blowing your budget. With a few smart strategies and simple swaps, you can still feed your crew and keep the celebration fun without the expensive grocery bill or convenience-food markup.

Budget-friendly strategies

• Plan and budget ahead: Set a spending limit before you start shopping so you don't get swayed by impulse buys or convenience items at higher prices. Knowing what you want to spend helps you shop more intentionally and avoid overspending.
• Buy on sale and choose store brands: Many grocery stores discount popular game-day items like chips, chicken wings and beverages in the week leading up to the Super Bowl. Going with store-brand versions instead of national labels can shave dollars off your total without noticeable taste differences once it’s all on the table.
• Stretch ingredients with multipurpose dishes: Use a single protein in several ways. For example, one pack of chicken can become sliders, tacos and a hearty dip to offer variety without buying extra items.

Should you budget differently for large gatherings in 2026?

For many households, big get-togethers are starting to feel less like spontaneous fun and more like a line item that deserves its own spot in the budget. One approach is to treat entertaining as a form of discretionary spending like dining out or travel, rather than folding it into everyday food costs.

Setting aside a small "hosting fund", even $25 to $50 a month, can make events like the Super Bowl feel more manageable when they roll around, instead of becoming a surprise hit to your checking account.

It can also help to think in terms of per-guest costs. If you know your typical party runs about $12 to $15 per person, you can scale your menu and your guest list accordingly. That kind of planning makes it easier to enjoy hosting without second-guessing every item in your cart or feeling the financial hangover long after the final whistle.

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If you own a second home, such as a vacation property, second home insurance can help protect both the home itself and your finances. But coverage becomes more complex when someone else lives in the property, making it essential to choose the right type of policy for your situation.

Several insurance options may apply to a second home, including homeowners, landlord and rental policies. Each is designed for different living arrangements, and the right choice depends largely on how the property is used and who occupies it.

That distinction matters more than many homeowners realize. In fact, insurers often focus less on who owns a property and more on who lives there — a difference that can determine whether a claim is covered or denied.

Why who lives in your home matters to insurers

A recent case in Massachusetts demonstrates the issues that can arise when someone else lives in your home. According to Insurance Journal, the Massachusetts Appeals Court ruled that a property owner’s grandson was not a member of the household for insurance purposes; the court upheld the insurer’s right to deny a claim the property owner had filed involving the grandson.

In this case, occupancy mattered more than property ownership for insurance purposes.

Who lives in your home directly affects the level of risk insurers take on, which can change the type of coverage you need. If a property is your primary residence, owner-occupied homeowners insurance is typically appropriate. This type of policy covers the home’s structure, your personal belongings and personal liability.

If you own a property but do not live there, you’ll generally need a non-owner-occupied or landlord policy instead. These policies still protect the structure of the home, but they’re designed to account for tenant-related risks, including liability coverage for injuries that occur on the property.

It’s also important to clearly distinguish between long-term guests and tenants. In many cases, a guest staying temporarily in your home may be covered under your existing homeowners' insurance. However, once someone is considered a tenant, landlord insurance is typically required to ensure you’re properly protected.

Family relationships don’t automatically change that classification. If a family member lives long-term in a secondary home where you do not reside, insurers may still treat that person as a tenant. In many policies, a stay of 29 days or more can trigger a tenant classification, though the exact threshold varies. Because definitions differ by insurer, it’s best to confirm how your provider categorizes occupants and adjust your coverage accordingly.

Common situations where coverage can quietly change

Shifting living situations can cause your coverage to change, and you might not even be aware of it:

• An adult child or grandchild living in your secondary home for more than 29 days is typically considered a tenant, which usually requires a landlord policy rather than standard second home insurance.
• If you inherit a home during probate, you will need to take out a new policy once the home is transferred to your name. The type of policy will depend on factors like whether it will be a second home and who will be living there.
• Second home insurance may be suitable for a vacation property used only seasonally by you. However, if you rent the home out — even part of the year — you’ll generally need a rental or landlord policy.
• If you allow a family member to stay in your second home temporarily, they may initially qualify as a guest. Once their stay extends beyond 29 days, however, insurers may classify them as a tenant, triggering the need for landlord coverage.

What kind of insurance you may actually need

Below are some of the most common types of insurance that may apply.

• Homeowners insurance is intended for your primary residence. It protects your home’s structure and your possessions, and it includes liability coverage for you and your family.
• Landlord or dwelling policies are designed for properties you own but don’t live in. They generally cover the structure of the home and include liability protection if a tenant or visitor is injured on the property.
• Umbrella liability policies provide additional liability protection once the limits of your primary insurance policies are reached. They can help cover bodily injury, property damage and certain personal injury lawsuits, and they often include legal costs such as attorney fees and settlements. Umbrella policies typically do not cover your own injuries, damage to your personal property or losses resulting from criminal or intentional acts.

Use the tool below, powered by Bankrate, to explore and compare some of today's top home insurance offers:

How liability claims can affect your finances beyond the property

Liability claims can have significant impacts on your finances, including:

• Personal assets at risk: If a liability judgment or settlement exceeds your insurance policy’s limits, you are responsible for the remaining balance. Depending on state law, creditors may be able to place liens on personal assets — including home equity — to recover what is owed.
• Future insurability: A large liability claim could prompt your insurance provider to cancel your policy. It may be harder to find insurance coverage because of the past claim, and you might need to purchase high-risk insurance, which has more expensive premiums and is more limited than standard home insurance policies.  
• Higher premiums and non-renewals: Your insurer might not renew your policy after a liability claim. If they do renew the policy, your claims history could drive up your premiums, even if you shop around for a new insurance policy.

What to check before — and after — someone moves in

Before and after someone moves into your property, make sure that you have the right insurance for the specific situation:

• Notify your insurer: Contact your insurance provider before someone moves in and confirm the planned move-in date.
• Confirm occupancy classification: During that conversation, verify how the insurer will classify the individual(s) living on the property. This is the time to confirm whether your current policy is appropriate or whether you need different coverage so the policy is in place before occupancy begins.
• Review liability limits: Having someone live on your property can increase liability risk. Review your liability limits and consider whether increasing coverage or adding an umbrella policy makes sense.
• Document how property is used: Keep records of how the property is used, including rental agreements if applicable and how often the home is occupied.

When keeping the property vacant may still carry risks

With all of the nuances that come with someone living in your home, it might seem like keeping the property vacant could be safer. Unfortunately, vacant properties are exposed to other risks, including:

• Vacant home exclusions: Many homeowners' insurance policies limit or suspend certain coverages if a home is vacant for an extended period, often 30 to 60 days. After that point, claims may be reduced or denied unless you have a vacant home policy in place.
• Maintenance and injury claims: Problems such as burst pipes or leaking water heaters can worsen in vacant homes because issues may go unnoticed for weeks. As a result, claims can be more severe, and insurers may require vacant home insurance to maintain coverage.
• Vandalism risks: Vacant homes may be an increased target for vandalism, leading to potential damage.

How this fits into today’s housing and inheritance reality

Second home insurance is becoming more important as changing housing arrangements and inheritance trends leave more homeowners responsible for additional properties. Aging parents may move into an adult child’s second home, and multi-generational living has become a practical, cost-saving option in today’s economy. Estate settlements can also result in inherited homes that sit vacant for a period of time, while ongoing housing affordability challenges are pushing families to share properties more often.

When the people living in a property change — or when a home shifts between being occupied, rented or vacant — insurance needs can change as well. Making sure you have the right coverage helps protect not only the property itself, but your personal finances. A quick call to your insurance provider can help confirm that your policy matches how the home is actually used, so you’re protected if the unexpected happens.

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Your home is a major investment, and you can protect that investment with home insurance. But if you pass away and your beneficiaries can't pay your mortgage, your home could be sold or foreclosed on.

Mortgage protection insurance offers you extra reassurance by paying off your mortgage after your death. Some policies also offer riders that extend coverage to pay your mortgage if you become disabled and can’t work.

Mortgage protection insurance can provide you peace of mind and may make sense for many homeowners, but it's important to understand how this insurance works and its drawbacks to decide if it’s right for you.

How mortgage protection insurance works

Mortgage protection insurance is an optional policy that's designed to pay off your mortgage balance if you die during the coverage period.

The coverage is equal to your outstanding mortgage balance, and you’ll typically pay monthly premiums for a term that matches your mortgage loan term. The monthly premiums stay the same for the life of your insurance policy, but the benefit amount shrinks over time as you pay down your mortgage.

Mortgage protection insurance usually covers the principal and interest portions of your mortgage, but other expenses like property taxes and HOA dues are excluded.

If you pass away, your mortgage insurance will pay off your remaining mortgage balance, so your family doesn’t have to worry about that expense. Your family will still be responsible for those excluded expenses, like property taxes.

While mortgage protection insurance is typically designed to pay off your mortgage if you die, some policies allow you to add riders that expand coverage.

A disability rider may cover your mortgage payments if you become disabled and are unable to work. A job loss rider can help cover your monthly mortgage payment for a limited time if you involuntarily lose your job.

Mortgage protection insurance vs. private mortgage insurance

Mortgage protection insurance is easily confused with private mortgage insurance, but these policies function differently. Mortgage protection insurance is an optional coverage that protects you and your family by paying your mortgage balance if you pass away.

Private mortgage insurance works differently, protecting your lender if you default on your loan. In most cases, lenders require private mortgage insurance if you put less than 20% down on a home, and this coverage isn’t optional.

Mortgage protection insurance vs. traditional life insurance

Both mortgage protection insurance and traditional life insurance take effect after you pass away, but they work differently. Mortgage protection insurance is more limited than a traditional life insurance policy, and it pays only your mortgage. The funds go to your mortgage lender, not to your beneficiaries.

Traditional life insurance provides a benefit directly to your beneficiaries after your death. Your beneficiaries can then use that benefit however they choose, including to pay the mortgage, to cover home repairs or to pay for funeral costs and other expenses. In some cases, you can even use your life insurance benefits while you're alive.

Life insurance is generally more flexible than mortgage protection insurance, and it may be more affordable to get. However, some life insurance policies require a medical exam, and if the exam reveals health issues that make you a higher risk, you may be charged higher premiums.

Mortgage protection insurance doesn’t require a medical exam, which can be helpful if you don’t qualify for traditional health insurance or if you have a condition that means you’ll pay higher premiums.

Pros and cons of mortgage protection insurance

Like any insurance product, mortgage protection insurance involves trade-offs between cost, coverage and flexibility.

To decide if mortgage protection insurance is right for you, it’s important to understand its pros and cons.

Pros

• No medical exam required: Since you don’t need to have a medical exam to get this coverage, mortgage protection insurance might be the only option if you have health issues that make it difficult to get traditional life insurance coverage.
• Premiums are predictable: Your mortgage protection insurance premiums stay the same for the life of your policy. These predictable premiums make it easy to budget for your insurance.
• Peace of mind: Knowing that your home will be paid off if you pass away can give you and your beneficiaries valuable peace of mind.

Cons

• Higher cost: Mortgage protection insurance costs more than an equivalent life insurance policy for healthy buyers.
• Declining benefits: Since mortgage protection insurance pays off your mortgage balance, the policy’s benefits actually decline as you pay off your mortgage each month. Though the benefits shrink, you’ll still pay the same monthly premium.
• Limited usage: The benefits can only be used to pay the mortgage, and they’ll be paid directly to your mortgage lender. Your family can’t use the benefits for any other purposes.

Who should consider mortgage protection insurance?

Mortgage protection insurance may make sense depending on your situation. If your beneficiaries will inherit limited assets to cover the mortgage after you die, mortgage protection insurance can help pay for this major expense. It could help your family to be able to remain in your home without having to worry about the mortgage.

This coverage can also be an appealing option if you don’t qualify for affordable life insurance. While it’s more limited than a life insurance policy, mortgage protection insurance can still help you to cover the expense of your home’s mortgage for your beneficiaries after your death.

You might also choose mortgage protection insurance simply because you want to ensure that your heirs aren’t burdened with a mortgage payment. Ensuring your home will be paid off can help reduce their stress during a highly emotional time.

Alternatives and smart shopping tips

Carefully consider whether mortgage protection insurance or another type of insurance might be better for you. Term life or permanent life insurance might make more sense if you’re in good health and can qualify for low rates, as well as if you know your beneficiaries will need funds to pay for other expenses, like funeral costs, after your death.

Remember that mortgage protection insurance is optional, and lenders cannot require you to purchase this coverage. It’s up to you to decide whether this type of policy makes sense.

As you shop, take the time to get quotes from multiple providers. You may want to get quotes for different riders, too, which can extend your coverage so that it applies to different situations, like if you’re disabled and can’t work.

Be sure that you completely read the policy terms and that you understand any exclusions before you choose which policy is right for you.

Explore and compare some of today's top home insurance offers with the tool below, powered by Bankrate:

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• Builders Are Offering Big Mortgage Incentives — What Homebuyers Should Watch For

For homebuyers struggling with today's higher mortgage rates, new construction communities are suddenly full of tempting offers: 4% mortgage rates when the market is closer to 6% or 7%, tens of thousands of dollars in closing cost credits, or "free" upgrades thrown in at signing.

These incentives aren't necessarily a trick, and they're not all bait and switch. But they're also not free money. Builders are using financial carrots strategically, and buyers who don’t understand how those deals are structured can end up paying more over time.

Here's how builder mortgage incentives work, where the catches tend to be and how to decide whether a deal makes sense for your budget.

Why builders are leaning on incentives instead of price cuts

Many large homebuilders are sitting on completed or near-completed inventory at a time that affordability is stretched and buyers are highly rate-sensitive. Instead of slashing sticker prices, which can upset previous buyers, hurt appraisals and reset neighborhood comps, builders often prefer incentives.

Mortgage rate buydowns and closing cost credits allow builders to advertise lower monthly payments without officially reducing the home's base price. That protects perceived value while helping buyers qualify.

For buyers, this can feel like a win-win. But the structure of those incentives matters more than the headline number.

What builder credits and rate buydowns look like

Builder incentives typically fall into a few common buckets, and they're often bundled together.

Temporary and permanent rate buydowns

A temporary buydown lowers your interest rate for the first one to three years. For example, a 2-1 buydown might reduce your rate by 2% in year one and 1% in year two before reverting to the full rate.

A permanent buydown reduces the rate for the entire life of the loan, usually by paying upfront points (a percentage of the loan amount paid at closing to lower the interest rate).

Closing cost credits

Builders might offer credits to cover lender fees, title insurance, escrow or prepaid taxes. This can significantly reduce the cash you need at closing, especially for first-time buyers.

Free upgrades or appliance packages

Instead of cutting prices, builders might include premium flooring, countertops, landscaping or appliances. These perks can feel valuable, but they don't lower your mortgage payment.

Preferred lender requirements

Most of the best incentives are tied to using the builder's preferred lender. If you bring your own lender, the offer often shrinks or disappears.

Use the tool below, powered by Bankrate, to search some of today's top mortgage offers:

The catch: Where buyers might pay more

Builder incentives usually come with trade-offs, and they're not always obvious upfront. Here are some things to consider.

Higher home prices to offset incentives

In some cases, the cost of the rate buydown or credit is baked into the home price. You might get a lower rate, but you’re financing a higher balance.

Limited lender choice

Preferred lenders can be convenient, but they might not offer the best overall deal. Fees, rate structures and loan terms can differ from outside lenders.

Short-term buydowns that expire

Temporary rate buydowns can lower payments now, but buyers need to be comfortable with the higher payment once the buydown ends.

Less room to negotiate base price

Builders often treat incentives as the negotiation lever, not price. That can limit flexibility if you’d rather reduce the purchase price instead.

When builder incentives can make sense

Despite the trade-offs, builder incentives aren't inherently bad, and in the right situation, they can be helpful. They might work well for buyers planning to refinance if rates fall and who can comfortably afford the long-term payment.

They can also help buyers who are cash-constrained at closing, allowing them to preserve emergency savings instead of draining accounts for upfront costs.

In markets with tight resale inventory, incentives can also make new construction more competitive when existing homes are scarce or overpriced.

When buyers should be cautious

There are also scenarios in which builder deals deserve extra scrutiny.

One of the biggest red flags is a deal that only works if you refinance quickly. Temporary rate buydowns can make payments feel manageable today, but if mortgage rates stay higher longer than expected, buyers could find themselves locked into a payment they didn't fully plan for once the buy down expires.

Another caution sign is pricing that looks out of sync with comparable homes (comps). If a new build is priced significantly higher than similar resale properties in the area, even after incentives, the buyer might be financing perks rather than value. That can matter later when it’s time to refinance, sell or tap home equity.

Buyers should also be wary of inflexible lender requirements. Preferred lenders aren't inherently bad, but they can limit transparency. If rate sheets, fees or annual percentage rate (APR) comparisons are difficult to obtain or if you’re discouraged from shopping around, that’s a signal to slow down and ask more questions.

Finally, pay close attention to how future payments are explained. If a sales pitch emphasizes the initial monthly payment without clearly walking you through the full payment schedule, including taxes, insurance and post-buydown rates, buyers risk underestimating their long-term housing costs.

How to evaluate a builder deal the smart way

The safest way to assess any builder incentive is to zoom out and focus on total cost. Compare the APR, not just the advertised interest rate, to capture fees and buydown costs.

Get several lender quotes, even if you plan to use the preferred lender. This gives you leverage and context. Ask how incentives might affect resale value and appraisals, especially if the home is priced above nearby comps.

Most important, you'll want to run the numbers on your total cost over time, including what your payment looks like after any buydown expires. A deal that looks attractive upfront might not be the most affordable over time, and clarity now can prevent financial strain later.

Making sense of today’s builder incentives

Builder mortgage incentives can be a useful bridge in a high-rate environment, but they’re not a substitute for careful math. These offers are designed to move inventory and protect pricing, not necessarily to minimize your long-term costs.

For buyers willing to slow down, understand the details and compare offers carefully, builder incentives can be easier to navigate and less likely to lead to unexpected costs later.

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If you’re looking for the best interest rate on a savings account, chances are you’ll find it at an online bank. Online banks, which are banks that operate without physical branches, offer convenient digital banking and competitive interest rates that can maximize your return on your savings.

The national average interest rate for savings accounts is 0.61% APY, per Bankrate. However, online banks offer rates as high as 4%.

Since online banks have lower overhead costs, they're able to pass on better interest rates to customers than you'll typically find offered by traditional banks. We'll cover why interest rates change, some of the benefits you'll find with online banks and a few things to consider before making the switch.

How interest rates are changing and why it matters

Interest rates on savings accounts have eased modestly over the past year as the broader rate environment has shifted. The national average savings account rate stood at 0.47% in mid-January 2024 before gradually dropping to 0.39% by December 2025, according to FDIC data.

Why have they lowered? The Federal Reserve issued three rate cuts in 2025 due to a weak jobs market. When the Fed lowers rates, it impacts savers with lower APYs.

Thankfully, there's good news: The Fed refrained from cutting rates at its January meeting. And J.P. Morgan believes the Fed will hold steady with no rate cuts for 2026, making this an ideal time for savers to capitalize on higher rates with online banks.

Use this Bankrate tool to shop and find the best savings accounts fast:

Pros of banking online

For savers weighing whether to make the switch, the benefits of online banking extend beyond higher interest rates. Here are a few pros to consider:

• Higher interest rates and potentially lower fees. Since online banks don't have the overhead of maintaining physical branches, they tend to offer higher interest rates on savings accounts. You may also find that online banks have lower fees than traditional banks.
• Often no minimums. Traditional banks often require you to maintain a minimum balance in your checking or savings account. If your balance drops below the minimum, you'll be required to pay a monthly fee. Some online banks will waive that minimum balance for a fee-free approach.
• Modern mobile features. Online banks often offer modern mobile features, including AI budgeting tools, face and fingerprint ID app capabilities, the ability to freeze and unfreeze your digital card, real-time spending alerts and more.
• Quick account opening/management and low cost. Opening an account with an online bank is typically a quick and easy process. The setup process is typically quick, and you'll often get instant access to your account. Costs tend to be minimal, making digital banking an appealing option.  

Cons and things to consider

While there are many benefits to online banking, you should also be aware of the drawbacks:

• No branches / limited in-person service. Since online banks lack physical branches, you can't get in-person customer service. These banks may offer customer service via phone, online chat or social media, but the customer service methods and availability can vary from bank to bank. If you want the reassurance of being able to go to speak with a person directly, digital banking may not be the best choice for you.
• Cash deposit hassles. Depositing cash in an online bank can be a hassle. Some banks partner with retailers like Walmart, CVS or Dollar General, and you'll need to go to one of those retailers to make your deposit. You may also be able to use an ATM to make a cash deposit.
• Varying rates. While digital banking frequently offers higher interest rates, those rates can still fall quickly, decreasing the value you're getting from digital banking. Some online banks may offer higher promotional rates that will decrease over time. Be sure to read the bank's policies to fully understand how interest rates may change.  

Where to find the best savings rates

With the national average savings rate sitting at 0.61%, the gap between traditional banks and online options remains wide. Here's how a few online banks currently stack up.

• Varo offers a high-yield savings account with 5.00% APY on up to $5,000, and 2.5% APY on the rest of your balance.
• AdelFi’s personal savings account offers new members 5% APY on up to $5,000, and 2.25% APY on balances from $5,000 to $10,000.
• SoFi’s high-yield savings account features a six-month introductory 4.30% APY and a standard 3.60% APY.
• Axos offers an Axos ONE savings and checking bundle. Customers can get up to 4.31% APY on savings and 0.51% APY on checking.
• Newtek Bank: Offers rates of 4.20% APY, with no account minimums or fees

When switching makes sense and when it doesn’t

You may decide it makes sense to switch to digital banking if you have substantial savings and want to maximize the interest your money earns. By switching to a high-yield savings account through an online bank, you may qualify for a substantially higher interest rate than your current APY.

But be careful about aggressively chasing rates, especially if online banks are offering promotional rates. If you're looking for a long-term banking solution, it's important to make sure that the services available and the overall convenience the bank offers truly match your needs. Consider the types of accounts you need and your banking priorities when deciding if an online bank is right for you.

It's common to be worried about the safety of online banking, especially since you won't initially go to a physical branch to open your account and make your first deposit.

Be sure to choose a bank that is FDIC insured. FDIC insurance applies whether the bank is online or brick-and-mortar, and in case of a bank failure, FDIC insurance protects your money up to at least $250,000.

How to decide if an online bank is right for you

Digital banking offers many perks, including higher interest rates than traditional savings accounts provide. But those perks come with trade-offs, including the lack of in-person customer service, cash deposits that can be a hassle and potentially varying rates.

If you're considering switching to online banking, take some time to research each bank and its available products. Compare the current rates and review the fee schedule to understand the potential costs involved and any minimum balance requirements.

You can also take advantage of digital banking interest rates with a hybrid approach. Consider opening a savings account with a digital bank, but also leave your other accounts in your current bank open, too. You can try this hybrid approach to see how well digital banking works for you.

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If your family’s phones are overdue for an upgrade, Verizon’s newest four-line deal delivers serious savings. You can outfit the whole household with premium smartphones at one of the lowest monthly rates available.

Verizon is running a four-line promo, offering four free flagship smartphones when you sign up for four new lines under the Unlimited Welcome plan with Auto Pay. With this deal, you choose four of the same device, whether it’s the Apple iPhone 17 Pro, Samsung Galaxy S25 or Google Pixel 10 Pro XL. Saving money on some of the most popular smartphones.

It's easy to take advantage of the deal, too, since there’s no trade-in required. While other retailers sometimes require you to send older phones back to get an upgrade, that’s not an issue with these Verizon deals.

Verizon’s 4-line phone deal

When you sign up for four new lines through Verizon’s Unlimited Welcome & Auto Pay plan, you’ll pay $25 per line per month, or a total of $100 per month for all four lines, plus taxes and fees. You must sign up for auto pay and paper-free billing to get this deal.

Families of four or households with multiple lines can benefit most from this deal. Verizon’s offering multiple free premium devices at a low monthly line cost. For example, the Apple iPhone 17 Pro retails for $1,099.99, so you could get approximately $4,400 worth of phones for free through this deal.

New Verizon customers who are switching over from other carriers could save more than just the cost of the smartphones. The $25 per line cost is hard to beat, so if you’ve been paying more for multiple lines from other carriers, you could potentially cut your cell phone bill for the next three years.

Verizon’s deal is also appealing if you’re ready to upgrade an older iPhone or Android device but want to keep your old phone. And, if you don’t have a device to trade in at all, the fact that Verizon doesn’t require you to send in your old phone is another money-saving perk.

What you get — iPhone, Galaxy or Pixel on the house (sort of)

When you sign up for this deal, you can choose from these premium and popular devices:

• iPhone 17 Pro
• Samsung Galaxy S25+
• Google Pixel 10 Pro XL

The four phones are free, but you’ll be paying for each line for three years.

The fine print and what to watch out for

At a glance, this appears to be one of the best Verizon deals of the year, but it’s important to read the fine print and understand the potential downsides:

• Four lines required: This deal requires you sign up for four lines, not just one or two. That’s a big commitment, so this deal is likely the best fit for families or groups.
• Auto Pay and paperless billing: To take advantage of this deal, you must sign up for Auto Pay and paperless billing.
• “Free” isn’t totally free: The phones are advertised as being free, but the plan is effectively applying bill credits to your account over time. This is common with carrier promos, but it’s still important to be aware of.
• Long-term commitment: This deal provides you with billing credits over a 36-month period. If you cancel a line early, you may forfeit those credits and be responsible for the remaining balance on your account. This is standard for these types of incentives.
• Data speed: You may experience variable data speed on the lowest-tier unlimited plan. When the network is congested, data may be deprioritized to higher-tier subscribers, so you could experience slower speeds.

Is this a better value than trading in or upgrading individually?

This Verizon deal could offer a better value for many families. Instead of paying full retail price for four phones, the deal spreads the cost across lines and credentials. That predictable monthly cost can make upgrading easier to budget for than buying new phones outright.

It's easy to take advantage of the deal. There’s no need to worry about trade-in issues, like if your phone has a poor trade-in value or is in poor condition. Since you don’t have to trade in devices, there’s no shipping hassle to deal with, and you don’t have to wait for a credit for your old device.

If you don’t need four new phones, this deal may be less compelling and may offer less value. You could end up paying for lines or phones that you don’t need, so think carefully about whether the plan makes sense for you.

Additionally, the deal requires a long-term commitment, so you should be confident that you will stay with Verizon for at least three years.

What it means for families this holiday season

Verizon’s four-line deal is well-timed for the holiday season. Families can upgrade to new phones without paying full retail price, and the offer also works for gifting, whether parents are buying devices for kids or couples are upgrading together.

The newest phones come with better cameras and faster performance, helping households keep up with today’s technology.

How to evaluate if the deal fits your household

Ask yourself these questions to determine if this Verizon deal fits your household:

• Do you have four people who need new phones (or want them)?
• Are you okay committing to four new lines for at least 36 months?
• Are you comfortable with Auto Pay?
• Are you planning to stay with Verizon long-term (to keep bill-credit benefits)?

When Verizon’s four-line deal is a good fit

This Verizon deal offers strong value, but it’s not the right fit for everyone. This deal works best for families or multi-user households that want to upgrade together. It makes getting a premium phone for each person more affordable, and the lack of a trade-in requirement removes a common barrier for many households.

As long as you carefully weigh the three-year commitment and the plan details, this Verizon deal offers real value compared to buying phones at full retail price or upgrading one device at a time. Yes, it’s a big commitment, but it could pay off if you need four new devices and four lines soon.

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With a home equity line of credit, or HELOC, you can use your home’s equity to cover costs like renovations, education or emergency expenses. With Americans collectively holding about $17.3 trillion in home equity, a level not seen in decades, many homeowners now have more borrowing power than they realize.

A HELOC’s flexibility is appealing, but your monthly payment can shift based on your credit, loan terms and interest rate. Understanding how those factors work is key before tapping your equity.

Here’s what a $50,000 HELOC may cost each month and how to decide if this type of financing fits your needs.

What affects your HELOC payment?

Many factors affect your HELOC payment, so it’s important to consider your specific situation and how these factors will impact your rates:

• Credit score: If you have a high credit score, you’re more likely to qualify for a lower HELOC interest rate. If your credit score is lower, though, you’ll probably have a higher interest rate. Keep in mind that even if you have a HELOC already, if your credit score drops during the loan term, your lender might increase your interest rate because they consider you a higher-risk borrower.
• HELOC term: Your HELOC term will affect your rates, too. Shorter terms usually carry lower interest rates, and longer terms will typically have higher interest rates. Most HELOCs consist of a draw period ranging from five to 10 years, during which you make interest-only payments. The repayment period can last 10 to 20 years, and during that period, you’ll be repaying the principal and interest, meaning your payments will increase.
• Loan-to-value ratio: Your loan-to-value ratio compares the amount of your loan to your home’s appraised value. The lower this ratio is, the less risky lenders consider you to be, meaning you’re likely to get a lower interest rate. According to First Merchants Bank, you’ll need a loan-to-value ratio of 90% or lower to qualify for a HELOC. For the best interest rates, your loan-to-value ratio should be 80% or less.
• Prime interest rate: Your HELOC interest rates are based on the prime rate, which is affected by the Federal Reserve’s actions. According to the Wall Street Journal, the average HELOC interest rate as of November 11 is 7.82%.
• Lender margins: In addition to the prime rate, each lender can add their own margins to determine your final interest rate. Lender margins can be negative or positive, and they vary from lender to lender. As a result, it’s best to shop around and compare quotes from multiple lenders before taking out a HELOC.
• Variable rate adjustments: Most HELOCs have a variable interest rate, so your interest rate can change throughout the term of your loan. As the prime rate fluctuates, your interest rate could increase or decrease, too.
• Rate cap: Many lenders implement an interest rate cap to protect you if interest rates decrease dramatically. Often, that cap is around 18%, but that can vary depending on your lender.

How much a $50,000 HELOC costs per month

Here’s an example of what a $50,000 HELOC could cost based on current rates and typical loan terms. The United Nations Federal Credit Union HELOC payment calculator makes this easy.

If you have excellent credit and a low loan-to-value ratio, you might qualify for an interest rate around 7.82%. With a 10-year draw period followed by a 20-year repayment period, your payments would begin as interest-only and later shift to principal and interest.

The table below outlines how those payments break down:

Note: These payments don’t account for potential changes from a variable interest rate. Your actual monthly cost may increase or decrease over time.

HELOC vs. home equity loan: What’s the difference in monthly cost?

Like a HELOC, a home equity loan lets you borrow against your home’s equity, but the structure is different. A HELOC gives you flexibility to borrow only what you need during the draw period, while a home equity loan provides a single lump sum upfront.

Home equity loans also come with fixed interest rates, which means your monthly payment stays the same throughout the life of the loan. That predictability creates a very different cost profile compared with a HELOC’s variable rate and interest-only draw period.

Because of those differences, your monthly cost on a home equity loan may be more stable, while a HELOC’s payment may rise or fall over time.

Use the tool below to explore some of today's top home equity offers, powered by Bankrate:

Pros and cons of borrowing $50,000 from your home equity

There are several pros and cons to taking out a $50,000 HELOC. Its biggest advantage is flexibility. During the draw period, you can borrow, repay and borrow again up to your credit limit. For example, if your limit is $50,000, you could borrow the full amount, repay $15,000 and then borrow that $15,000 again whenever you need it.

This revolving structure makes a HELOC useful when you’re unsure how much you’ll ultimately need, such as when funding education costs or paying for a home upgrade or renovation.

During the draw period, another advantage of a HELOC is that your required payment typically covers only the interest, not the principal. You can choose to pay down the principal during this time, but the option to make interest-only payments keeps your initial costs lower. That trade-off does mean your principal and interest payments will be higher once the repayment period begins.

There are downsides to consider, too. Most HELOCs have variable interest rates, which can rise or fall throughout the loan term. Because your rate isn’t fixed, your monthly payment can change, and you’ll need to be prepared for potential fluctuations as the prime rate moves.

A HELOC also uses your home as collateral. If you’re unable to make the required payments, you could put your home at risk. It’s important to weigh that possibility carefully and make sure you’re comfortable with the long-term commitment.

When a $50,000 HELOC makes sense

A $50,000 HELOC can make sense in several situations. It’s often used for home improvements, particularly if the renovation is likely to increase your property’s value. It can also provide quick access to funds for large or unexpected expenses, such as medical bills, education costs or business startup needs.

A HELOC may also work as a debt consolidation tool. If you’re carrying multiple high-interest debts and qualify for a lower HELOC rate, you could use the line to pay those balances off and replace them with a single monthly payment. Just be mindful that HELOCs have variable interest rates and longer repayment periods, which could result in higher overall costs if rates rise.

As with any borrowing decision, it’s important to consider how predictable your expenses are and whether the flexibility of a HELOC aligns with your financial situation.

Tips before applying for a HELOC

If you decide a HELOC is right for you, it’s important to carefully shop around. Interest rates and rate caps can vary from lender to lender, so get multiple offers and compare them. Make sure that you understand all of the terms of the loan, and if you’re not clear on something, ask for more information.

A HELOC may be helpful in certain situations, but it’s not the right choice for everyone or every scenario. Consider the long-term affordability of this type of loan and make sure that you’re comfortable with the risks before you take out a HELOC.

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Every year, Americans run through the cycle of Black Friday, Small Business Saturday and Cyber Monday, all dedicated to finding deals for gifts, necessities and everything in between.

Once that routine is done, though, comes Giving Tuesday, a day dedicated to giving back. This year, Kiplinger Personal Finance Magazine spoke to Asha Curran in New York City, the CEO of GivingTuesday, an independent nonprofit organization that connects nonprofits around the globe.

Hear from Curran about the meaning of Giving Tuesday, its impact and what you can do.

Kiplinger: GivingTuesday has become a global movement. How do you describe what it's about?

AC: GivingTuesday was created in 2012 as a simple idea: A day to encourage people to do good on the Tuesday after Thanksgiving, following the consumption of Black Friday and Cyber Monday.

And that's still at the heart of it, but over the past 13 years, it's grown into a year-round global movement that inspires hundreds of millions of people to give, collaborate and celebrate generosity. We now have official leadership in 111 countries.

Can you talk about the different ways people participate?

Giving­Tuesday celebrates giving in all of its forms, both monetary and non-monetary. So we celebrate acts of giving, in terms of donating goods like clothes, food or school supplies, caring for your community and neighbors, and performing random acts of kindness.

All of those are forms of generosity, and we believe every small act makes a major difference, especially when you think about those acts being collective. If a lot of people are each doing small things for a common goal, that adds up to a tremendous impact.

What are some of the most inspiring or creative ways that you've seen individuals, families or communities take part in GivingTuesday?

I love so much of it, including the creative campaigns that small nonprofits put together and the things that individuals do in their own communities. And I really love our community campaigns, with a small town, a major city or an entire state coming together to celebrate generosity.

We've seen communities organize initiatives to clean up the streets, start community gardens and host community dinners, for example. Organizations, businesses, schools, local governments and families are creating a sense of pride in their communities. It's all very joyful, lighthearted and future-focused.

For someone who might feel that their contribution—whether of time, money or skills — is too small to make a difference, what would you say?

Last year, $3.6 billion was donated on GivingTuesday. Over the course of GivingTuesday's life, over $20 billion has been donated in the U.S. alone. Those are gifts of all sizes from everyday people.

So if you think your $25 or $50 donation isn't going to make a difference, that's absolutely incorrect. It will, and you are a drop in a big ocean created by many, many generous individuals.

People sometimes feel overwhelmed when choosing where and how to give back. How can they move from feeling stuck to taking action?

I would recommend a couple of things. One is to engage in a random act of kindness. Do something nice that you probably wouldn't normally think to do for someone in your community. Make a meal for an elderly neighbor, or write a thank-you letter to a local organization or one of its volunteers or staff members. There are a million small acts you can do that don't require money at all.

My second recommendation is to give in honor of someone else. On GivingTuesday, you'll see people post on social media about donating to all kinds of causes. If one of them particularly moves you, or if a friend or a family member cares a lot about a certain cause, then donate in their honor.

And maybe that opens the door to your future giving, too, as you become more knowledgeable about the causes and issues that affect populations half a world away or in your own backyard.

Note: This item first appeared in Kiplinger Personal Finance Magazine, a monthly, trustworthy source of advice and guidance. Subscribe to help you make more money and keep more of the money you make here.

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If you're a book lover, we have a few book-inspired trips that can help jumpstart your next vacation. Grab a few friends or take your family on an educational journey that ties together authors and books with real locations and landmarks.

Adding a personal element to a trip like this can help make it more memorable and might even give you a good excuse to visit certain destinations.

So, here are five trips for book lovers to take across America.

1. Baltimore, Maryland

Literary Events & Festivals

• Baltimore Book Festival: A multi-day celebration of readers and writers featuring author talks, book signings, panel discussions and activities along the waterfront.
• Edgar Allan Poe Festival & Awards: Held near Poe’s grave, this festival honors the writer with dramatic readings, guided tours, performances and vendors celebrating his legacy.

Baltimore’s longtime motto, "The City That Reads," coined by former Mayor Kurt Schmoke to promote literacy, still fits the city’s character today.

Its iconic libraries, including the George Peabody Library and the Enoch Pratt Free Library, highlight a literary legacy that also extends to its sports culture, like the Ravens, named after Edgar Allan Poe’s famous poem. Visitors can still find subtle nods to the city’s literary icons, like the Poe-themed Apropoe’s restaurant inside the Baltimore Marriott Waterfront.

Poe himself once lived in a small house that now serves as a museum, preserved much as it was when he wrote some of his earliest works. Baltimore was also home to F. Scott Fitzgerald for a time, though his former Bolton Hill residence is not open to the public.

Baltimore also shaped the voice of abolitionist and writer Frederick Douglass. He worked in the Fell’s Point shipyards before escaping to freedom, later returning to build "Douglass Place," a set of rowhomes for African American renters. The houses still stand today, including 524 S. Dallas Street, marked with a plaque honoring Douglass’ legacy.

2. New York, New York

Literary Events & Festivals

• New York Public Library Live Events: A robust calendar of author talks, lectures, workshops and performances hosted across the NYPL branches.
• Brooklyn Book Festival: One of the country’s largest free literary festivals, bringing acclaimed authors, publishers and readers together for panels, readings, and book markets.
• BookCon: A fan-driven book convention featuring author meet-and-greets, signings, interactive panels and sneak peeks from major publishers.
• Harlem Book Fair: A long-running celebration of African American literature, showcasing authors, poets, panels and community programs in historic Harlem.
• U.S. Book Show: A major industry event offering virtual and in-person programming, connecting publishers, authors, librarians and booksellers.
• New York Antiquarian Book Fair: A beloved gathering for rare-book collectors and enthusiasts, featuring thousands of rare manuscripts, first editions, maps and ephemera.

New York City is a dream destination for book lovers, offering some of the most breathtaking libraries and literary landmarks in the world. You can even stay at The Library Hotel, where each floor is themed around a different Dewey Decimal category.

The New York Public Library on Fifth Avenue remains the city’s crown jewel, a National Historic Landmark, and just steps away, Library Way lines 41st Street with 96 bronze plaques engraved with literary quotes.

The Morgan Library, once JP Morgan’s private collection, showcases illuminated manuscripts, early printed books, and treasures like an original Gutenberg Bible.

Book browsing in New York is equally inspiring. Rizzoli Bookstore in NoMad is famed for its illustrated books on architecture, fashion and design, set beneath an Italian-influenced painted ceiling and dramatic columns. Paired with its lineup of festivals, author talks, and publishing events, the city remains a thriving hub for literary culture year-round.

3. Wilmington and New Bern, North Carolina

Literary Events & Festivals

• New Bern Historical Society Homes Tour: A beloved tradition that opens the doors to some of New Bern’s most storied homes. Visitors can explore unique architecture, period décor and local history brought to life by guides and homeowners.
• Tryon Palace Candlelight Celebration: One of New Bern’s most dazzling holiday events, this candlelit evening transforms the palace and grounds with festive décor, live music, performers and holiday treats inspired by 18th-century traditions.
• Outlander in the Palace Tour: A special themed tour for fans of the Outlander series, exploring filming locations, colonial-era settings and the real history behind the scenes that connect to the books and show.

North Carolina is home to many of the scenes that inspired some of your favorite novels. For example, The Summer I Turned Pretty television series, inspired by the novels by Jenny Han, is shot all over Wilmington. You can see where Belly and her friends hang out and where many iconic scenes from the show were filmed.

New Bern, North Carolina is home to The Notebook novelist Nicholas Sparks and the town celebrates him accordingly. This town is also the backdrop to many of his iconic novels. Take A Walk to Remember walking tour or The Return tour inspired by some of his most famous books.

While you’re in the area, stop in and explore the area's beloved independent bookstores. The Next Chapter Books & Art, owned by local author Michelle Garren-Flye, who was named the Heart of the Pamlico Poet Laureate in 2021, offers a warm, creative space for readers and artists alike.

Nearby, Daughtry’s Old Books on Front Street has been a Wilmington institution since 1982. Located in Historic Downtown Wilmington, it’s exactly the kind of small, family-run bookstore that feels like a treasure waiting to be explored.

4. Lenox, Mass. - Edith Wharton's Home

Literary Events & Festivals

• WIT: Words, Ideas, and Thinkers Literary Festival: A flagship gathering hosted by the Authors Guild Foundation designed to amplify new voices. The festival brings together authors, thinkers and cultural leaders to explore critical issues, celebrate literary culture and engage audiences across genres.
• Lenox Library Association Author Talk Series: A curated lineup of virtual and in-person conversations with bestselling and emerging authors.

Tucked into the gorgeous Massachusetts Berkshires lies Edith Wharton's former home. Today the estate is preserved so visitors can enjoy the gardens, sculptures and elegant setting.

And of course, there are plenty of book-themed events to go around. Catch a lecture, take a ghost tour or join a free outdoor poetry reading. You can plan your visit with this packed calendar of events.

Stopping by Boston, too? Be sure to check out the Omni Parker House hotel where Charles Dickens once stayed during his American tour in the late 1800s.

5. Portland, Oregon

Literary Events & Festivals

• Portland Book Festival (PDX Book Fest): One of the Pacific Northwest’s premier literary celebrations, drawing acclaimed authors, poets and graphic novelists for a full day of readings, panels, workshops and book signings. Held each fall, it turns downtown Portland into a lively, book-loving block party.
• Literary Portland: A comprehensive hub that rounds up the city’s thriving literary scene, featuring readings, workshops, author events, open mics and bookish gatherings happening across Portland’s indie bookstores, libraries and creative venues.

Portland is one of the most eclectic cities in America and attracts top-tier authors for readings and signings. Some of the best ones are held at the famous Powell's Books, the world's largest independent bookstore.

The Portland Book Festival hosts over 100 authors for readings and drop-in workshops. For example, Stacey Abrams and Rebecca Yarros are just two of the iconic authors who spoke this year.

Portland is full of character-rich book nooks, and some shine for the way they blend reading culture with local flavor. At Rose City Book Pub, shelves of used books meet craft brews in a cozy, community-minded setting perfect for lingering. Coffee lovers will feel right at home at Bold Coffee and Books, a warm, curated space serving small-batch roasts and a selection of books that encourage you to settle in.

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You don’t need ghosts in the attic to scare off homebuyers. Sometimes a home’s past is spooky enough. Even the most beautiful homes can give buyers pause if their backstory raises eyebrows.

Whether it’s a murder, a suicide, a notorious crime or even a rumor of paranormal activity, homes with unsettling histories are known in real estate as “stigmatized properties.”

For sellers, that stigma can raise difficult and occasionally eerie questions. Do you have to tell buyers your house is haunted? And could it hurt your home’s value? Here’s what to know about disclosing (and marketing) a home with a haunted reputation.

What is a “stigmatized” home?

A stigmatized property isn’t physically defective; it’s psychologically or socially marked in a way that might make buyers uneasy. That could include:

• A death on the property
• A crime, such as a murder or drug activity
• A history of paranormal reports or local lore
• Past ownership by someone notorious or controversial

Even when a home is in excellent condition, perception can be as powerful as reality. A death on the property might be enough to turn them away, and that’s not always something sellers can easily prove or explain.

Others might simply fear the unwanted attention that comes with a home known for ghost tales or true-crime rumors.

Stigma can influence a sale, from fewer showings to lower offers. Still, not all stigmatized properties lose value. As a young real estate agent, I was often surprised by how many of these listings drew extra interest from buyers eager to own a piece of history.

I once helped a client purchase a commercial property in Detroit, rumored to have ties to the mafia in the 1920s. The basement still showed traces of its past with remnants of a speakeasy that hinted at the city’s bootlegging era. Rather than scaring buyers away, the building's story added intrigue. The couple who bought it were thrilled to own a slice of Detroit's history.

In that case, the seller didn’t have to disclose it, but depending on where you live, the rules around what sellers must reveal can be surprisingly different.

The surprising patchwork of state disclosure laws

When it comes to disclosing a home’s haunted history, the rules are far from uniform, and in some states, silence is perfectly legal.

Only a handful of states have specific statutes addressing stigmatized properties.

• California: Sellers must disclose any death that occurred on the property within the past three years.
• Alaska: Agents must disclose a murder or suicide that happened on the property within the past year.
• South Dakota: Sellers must disclose any homicide or suicide that occurred while they owned the property.
• Massachusetts, Minnesota and New Jersey: Sellers don’t have to disclose alleged paranormal activity, but if a buyer asks directly, they can’t lie.

In most other states, the rules are broader. Sellers generally must disclose material facts that could influence a buyer’s decision, and whether a haunting qualifies often comes down to interpretation.

It’s also worth noting that many real estate agents are bound by ethical disclosure rules that go beyond state law. If something about the property’s reputation could influence the sale, most real estate agents will err on the side of transparency. Real estate works best when you lead with honesty, even if it means revealing a skeleton or two in the closet.

How to price a home with a spooky reputation

Does a haunting hurt your home’s value? The data is mixed. A Zillow survey found nearly 70% of buyers would consider a haunted house if it met their other must-haves: price, location and amenities. Most said they’d expect a discount only if the haunting were well known or the property had been the site of a serious crime.

If your home has a complicated past, stick to facts, not folklore. Work with an agent who knows your state’s disclosure laws and can help position the property to get top dollar.

A spooky story doesn’t always scare off buyers. Some of the most notorious homes in America have sold for millions, proving that the right blend of history and intrigue can still attract serious offers.

Haunted homes that still sold for a scary good price

Even the most infamous properties can find buyers. These haunted or historically notorious homes prove that reputation doesn’t always stop a sale, though it can influence the price.

The Conjuring House

Location: Burrillville, Rhode Island

Last sold for: $1.53 million (2022)

Built in 1736, this farmhouse inspired The Conjuring after reports of paranormal activity from the Perron family in the 1970s. It now operates as a destination for ghost tours and investigations.

LaLaurie Mansion

Location: New Orleans, Louisiana

Last sold for: $4.3 million

Once owned by socialite Madame Delphine LaLaurie, the mansion is infamous for the abuse of enslaved people in the 1830s. Actor Nicolas Cage later owned it before losing it to foreclosure.

Winchester Mystery House

Location: San Jose, California

Last sold for: $135,000 (1922)

Heiress Sarah Winchester spent decades expanding this labyrinth of a mansion, believed to be haunted by the spirits of those killed by Winchester rifles. It’s now valued in the millions.

Amityville Horror House

Location: Long Island, New York

Last sold for: $605,000

Made infamous by the 1974 DeFeo family murders and the Amityville Horror book and films that followed, this colonial-style home sold for well below market value due to its tragic history. Despite renovations and address changes, its reputation remains one of the most notorious in American real estate.

What to say (and not say) when listing your home

If your home has a history buyers may have heard about, be mindful of your wording to prevent any Halloween-style surprises at closing.

Be honest, but not sensational. You don’t need to include “Murder House on Maple Street” in your property description, but you shouldn’t conceal facts that might be easily discovered with a Google search.

Answer questions directly. If a buyer asks, “Has anyone died here?” and the answer is yes, say so plainly. Honesty builds trust and reduces the risk of disputes later.

Avoid feeding rumors. If neighborhood gossip claims your house is haunted, you don’t have to validate it, but it’s smart to acknowledge what’s public record or widely known. “The home has been part of local folklore” is a neutral way to address it. When possible, provide documentation, news coverage or public records to clarify the facts.

Focus on positives. Emphasize the home’s strengths, updated systems, modern design, great location while being prepared to discuss its history privately if asked.

A not-so-scary ending for sellers

Haunted or not, every home has a story. If yours happens to include one that’s a little darker, you don’t need an exorcist, just a disclosure strategy.

Understand your state’s laws, be transparent when asked and work with a knowledgeable agent who can guide you through sensitive buyer conversations. After all, one person’s nightmare listing might just be another’s dream home.

Luckily, your home insurance policy doesn’t require you to disclose any ghosts. Use the tool below to explore and compare some of today’s top home insurance offers, powered by Bankrate:

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Nothing takes the fun out of vacation planning faster than realizing you’ll have to leave your pet behind. It’s tough being without them, and finding the right person to care for your four-legged family member can be stressful.

Instead of saying goodbye, why not plan a trip they can enjoy too? More hotels are embracing pet-friendly travel, offering perks and amenities designed for both you and your companion.

From New York to Mexico City and beyond, these destinations make it easy to bring your pet along for the adventure. In fact, these hotels don’t just allow pets, they welcome them.

1. The Shelburne Sonesta, New York, NY

Even if a hotel lists itself as "pet friendly," there will likely be a one-time pet cleaning fee that's tacked onto your stay.

The Shelburne Sonesta in New York City offers pet-friendly stays with a one-time $75 fee. Upon check-in you'll receive a welcome letter and dog treats, and your room will have a water dish, feeding bowl and waterproof mat ready for your pup. The Sonesta also has a Bark Bites menu for you to order special snacks for your little buddy.

Once you’re settled, there are plenty of ways to explore the city together. Take a walk across the Brooklyn Bridge, a beautiful historic landmark with a pedestrian path stretching about 1.6 miles from end to end. Many locals choose a shorter 1.1-mile route that begins and ends at mid-bridge entrances.

When you’ve worked up an appetite, stop by The Barking Dog, a dog friendly restaurant with three locations in Hell’s Kitchen, the Upper East Side and North Hills.

2. Andaz Condesa, Mexico City, Mexico

If you want your pet to truly feel like they're on vacation, the Andaz Mexico City is a must-stay. It even has a Wooftop Beer Garden & Canine Club where you can have a cocktail with your furry friend. The Andaz charges a one-time fee of $100 for pets.

For more pet-friendly fun, stop by Dog & Roll, a local eatery in Mexico City that welcomes both two and four-legged guests. You and your pup can enjoy a bite to eat from the dog menu while sitting together inside or outside.

When it’s time to stretch your legs, head to Parque de los Venados, a popular pet-friendly urban park known for its beautiful gardens, large fountains and the famous Pancho Villa statue. The park also features a planetarium and an open-air theater along its paved pathways.

3. Hyatt Regency, San Francisco, CA

Hyatt Regency San Francisco Downtown SOMA welcomes dogs up to 50 pounds (or a combined 75 pounds for two) for a one-time fee of $100.

If you book your trip with your American Express card you may qualify for flexible check-in and check-out times and free Wi-Fi through the Fine Hotels + Resorts Program.

You'll need one of the following cards to make the reservation:

• Platinum Card® from American Express
• The Business Platinum Card® from American Express

Check out restaurants nearby such as Palm House which has a special menu for dogs and regular dog-themed events. Or Terrene which is walking distance from the Hyatt and lets you dine with your pup. They also offer a dog-friendly happy hour on the second Monday of every month.

Before you begin your journey home, take your dog to Baker Beach, a quiet and scenic stretch of sand nestled between Lands End and the Presidio. It’s a favorite spot among locals but often overlooked by visitors.

Baker Beach has a unique history as the original site of the first Burning Man festivals. Today, it’s an off-leash paradise where your dog can run, play and enjoy the ocean breeze while you take in views of the Golden Gate Bridge.

4. World Equestrian Center, Ocala, FL

The World Equestrian Center in Ocala actually loves to host dogs, even if it was named one of TIME’s 2024 World’s Greatest Places due to its status as the largest equestrian complex in the U.S.

Stay at the Riding Academy where guests can bring up to two 75-pound dogs per room for a one-time fee of $100. Upon check-in, dogs are given homemade treats and a bandana, while a dog bed and a custom water bowl await in your room.

There are even dog-friendly areas and parks on-site, plus you can watch a show or take in a special event which are regularly hosted at the center.

5. Staypineapple, Chicago, IL

At Staypineapple dogs are welcome without a weight limit, which is great news for owners of larger breeds. Plus, the pet fee is only $29.95 for the entire stay.

You can also book with one of the pet packages which will give you 50% off of your pet fee, a dog waste dispenser with bags, a dog bed, treats and collapsible water bowl you can keep. You'll even get access to VEG ER for Pets, a 24/7 emergency vet care if you need it.

While you’re in Chicago, treat your pup to some fun around the city. Mercury’s Canine Cruise offers weekend boat tours where leashed dogs can join you on a scenic ride with live narration about Chicago’s history and architecture. Afterward, stroll the Chicago Riverwalk, a dog-friendly path lined with restaurants, art and a riverside museum.

As an independent publication dedicated to helping you make the most of your money, the article above is our view of the best deals and is not the opinion of any entity mentioned such as a card issuer, hotel, airline etc. Similarly, the content has not been reviewed or endorsed by any of those entities. This article only reviews select credit cards. We may get compensation if you visit partner links on our site. We may not cover every available offer. Our relationship with advertisers may impact how an offer is presented on our website. However, our selection of products is made independently of our relationship to advertisers.

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While mortgage interest rates for 30-year loans were north of 7% at the start of the year, they’ve been slowly easing down. With interest rates trending lower, you might be wondering if now’s the right time to scoop up a vacation home.

A second home can be more than just a weekend retreat. It can double as an investment property that earns income and appreciates over time. But if you’re not careful, that dream getaway could quickly turn into a financial headache.

Before you start house hunting, it’s important to weigh the benefits and drawbacks. Here’s what to consider before buying a vacation home.

Pros and cons of owning a vacation home

A vacation home comes with a ton of upside, but if you’re careless in your research and spending, you could end up wasting your money. Still, several financial and lifestyle benefits can make a second home a smart move if the numbers work in your favor.

Pros of owning a vacation home

• Personal getaway. You get a place you can always stay, without paying for lodging. You don’t need to get a hotel or book an Airbnb.
• Potential rental income. While you’re not using it, you can make your home work for you. Smart interior design can transform your vacation home into an income-generating rental.
• Long-term appreciation. A well-chosen vacation home can do more than give you a place to relax, it can grow in value over time. When the market’s strong, selling later could mean pocketing more than you paid.
• Potential tax breaks. You might get some savings come tax time with a vacation home. For instance, you can deduct the mortgage insurance you pay on your second home. You may also qualify for state and local tax deductions.

Cons of owning a vacation home

• High upfront costs. Buying a vacation home means you’ll need to come up with a down payment and closing costs. In the second quarter of 2025, the median home sale price was $410,800. Even if you only come up with 10% down, that’s more than $41,000.
• Expensive ongoing costs. You’re on the hook for insurance, property taxes, utilities and HOA fees, if applicable. If you put less than 20% down, you'll pay private mortgage insurance (PMI). This is all on top of the expenses for your primary residence.
• Home maintenance. From routine repairs to unexpected fixes, like a burst pipe or broken appliance, those costs can add up quickly — especially if you’re managing the property from afar.
• Potential depreciating value. Home values in vacation destinations can swing with demand and the economy. A market slowdown could lower your property’s value and cut into your potential return if you decide to sell.

How to decide if a vacation home makes sense for you

Signs you’re ready to own a vacation home

A vacation home isn’t for everyone, but it could make sense if you can manage both the upfront and ongoing costs of ownership. It helps to plan on keeping the property for several years so you can build equity and weather market changes. If you also have a strategy to generate income, such as renting it out when you’re not using it, your second home can serve as both a retreat and a long-term investment.

When a vacation home might not be the right move

A vacation home may not be the best choice if the down payment and closing costs stretch your budget too far. It can also become a financial burden if you’re not prepared for ongoing expenses like maintenance, insurance, and property management.

Real estate experts often recommend holding a property for at least five years to recover transaction costs and ride out market shifts. If you’re unsure how long you’ll keep the home, the short-term costs of buying and selling could outweigh any potential rewards.

Curious about today's mortgage rates? Explore and compare some of today's best offers with the tool below, powered by Bankrate:

How to prepare before buying a vacation home

Before you head to an open house or make an offer, take time to run the numbers and see how much home you can truly afford. Think through what you want from a vacation home — whether it’s a personal getaway, a rental investment, or both — and set a budget that keeps you financially comfortable.

Remember that owning a second property comes with new responsibilities. Your budget should cover not just the purchase price and closing costs, but also ongoing expenses like maintenance, insurance, utilities, and property management.

If you plan wisely, your vacation home can do more than offer a change of scenery. Turning it into a rental property when you’re not using it can help offset costs and improve your long-term return on investment.

A second home can be worth it but only with clear eyes

Buying a vacation home is a big decision that requires more than daydreaming about weekends away. It calls for an honest look at your finances, lifestyle and long-term goals. Take time to consider whether a second home will add comfort and enjoyment to your life or create more responsibility than you want to take on. The best choice is one that aligns with your budget, priorities and peace of mind.

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You don’t have to cross an ocean to feel like you’ve traveled the world. The United States is filled with places that capture the spirit, sights and flavors of international destinations without the customs line or currency exchange.

Whether you’re craving turquoise waters, colonial charm or sun-soaked coastal drives, these destinations deliver an escape that feels foreign yet familiar. Enjoy the rhythms of the Caribbean in Puerto Rico, the Old Havana vibe of Key West or the Old World architecture of Santa Fe, all just a domestic flight away.

Pack light and leave the paperwork and passport behind. These seven U.S. destinations offer the next best thing to an overseas adventure.

Puerto Rico — Caribbean vibes without customs

Feels like: Dominican Republic or Jamaica

Puerto Rico is home to 700 miles of coastline that boasts extraordinary beaches with turquoise waters. And since it's a U.S. territory, you can visit without an international passport.

Think of it as the Dominican Republic or Jamaica without the paperwork. Plus, it's a quick trip with direct flights to East Coast cities such as New York, Boston and even Orlando. There's also no need to worry about currency exchange; most places accept the U.S. dollar.

Fun Fact: Award-winning music artist Bad Bunny, who hails from Puerto Rico, will be headlining the halftime show at Super Bowl LX in February 2026.

Key West, Florida — Old Havana energy

Feels like: Cuba

Heavy immigration from Cuba during the 19th century means Key West is greatly influenced by Havana culture. Visit an authentic Cuban cigar shop, catch the sunset in Mallory Square and enjoy authentic Cuban dishes such as ropa vieja (shredded beef in a tomato sauce), picadillo (ground beef in sauce) and of course, the classic Cuban sandwich.

While you’re there, stop by the Ernest Hemingway Home and Museum, the author’s former residence from the 1930s. Located across from the Key West Lighthouse, the property is famous for its six-toed cats, some descendants of Hemingway’s original pets.

The literary history adds to the island’s charm, blending culture, art and a touch of nostalgia. Paired with crystal clear beach waters, Key West feels like a tropical vacation without ever leaving the states.

Santa Fe, New Mexico — A taste of old Spain

Feels like: Southern Spain (Andalusia)

In 1610, New Mexico was part of the Spanish Empire, and many historic sites such as the Palace of the Governors still showcase that centuries-old influence. Santa Fe’s signature Spanish-Pueblo architecture, characterized by adobe buildings and earthy tones, makes even a casual drive around town feel like a cultural experience.

Art lovers can explore Canyon Road’s world-class galleries, while food enthusiasts can savor the region’s famous red and green chile dishes. And when winter arrives, visitors can head to Ski Santa Fe in the nearby Sangre de Cristo Mountains for scenic skiing, snowboarding and breathtaking views of the desert below.

San Diego, California — Baja without crossing the border

Feels like: Mexico’s Baja Peninsula

If you're already in the west, be sure to take a road trip down the Pacific Coast Highway (PCH) to San Diego for stunning ocean views. Just keep in mind that it’ll take a bit longer given the lower speed limit.

Once you hit town, don’t miss the chance to try authentic Mexican cuisine at one of the great restaurants on offer.

There’s also La Jolla Cove, a scenic marine environment, and the Old Town area, the first European settlement in California that's still packed with Mexican heritage.

Hawai‘i — Polynesia without leaving the U.S.

Feels like: South Pacific

Take a tropical vacation without having to deal with passport issues or switching up SIM cards. A flight to Hawai'i is about five hours from Los Angeles and there's no better place to escape a time change than on the beach.

Immerse yourself in local culture by visiting a Polynesian luau, or hiking stunning canyons and seeing active volcanoes. Explore lush rainforests, dramatic coastlines and historic sites like Pearl Harbor to round out your trip.

With its unique blend of natural beauty and rich Hawaiian traditions, this truly is a bucket-list destination.

St. Augustine, Florida — A slice of Spain on the Atlantic

Feels like: Historic European port city

Once you get to St. Augustine, consider taking one of the free walking tours to explore the city’s charming streets and historic sites.

You can also visit Castillo de San Marcos, the oldest masonry fort in the continental U.S., for just $15. It’s a must-see for history buffs, and they even hold cannon firings on weekends.

You can't go wrong with most restaurants in the area either. St. Augustine cuisine blends Minorcan, Spanish, Gullah Geechee, southern and modern influences for a unique experience you'll be raving about for years.

As an independent publication dedicated to helping you make the most of your money, the article above is our view of the best deals and is not the opinion of any entity mentioned such as a card issuer, hotel, airline etc. Similarly, the content has not been reviewed or endorsed by any of those entities. This article only reviews select credit cards. We may get compensation if you visit partner links on our site. We may not cover every available offer. Our relationship with advertisers may impact how an offer is presented on our website. However, our selection of products is made independently of our relationship to advertisers.

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A government shutdown can do more than shake up the markets or delay federal paychecks. It can also throw your travel plans into chaos, especially if they involve a visit to a U.S. national park.

While some parks remain partially open during shutdowns, the lack of staff and services can significantly impact your experience and your safety.

If you’re planning a road trip or fall getaway, here’s what you need to know about how a government shutdown affects national parks, what’s still accessible and how to prepare for potential disruptions.

Do national parks close completely during a shutdown?

Not quite. National parks often remain physically open to the public during a government shutdown, but services are limited or nonexistent. Think of it this way: the gates might be open, but no one is there to greet you, guide you or maintain the facilities.

In past shutdowns — including the record-long closure in 2018 - 2019 — the National Park Service was forced to suspend most of its operations. Park rangers were furloughed, visitor centers were locked and vital services like trash pickup, restroom cleaning and road maintenance were paused.

So while you can still hike, drive through, or camp in some areas, you may be doing so without the usual oversight and amenities, which can make for a much different (and riskier) experience.

Which services are affected?

Visitor centers and ranger services

Visitor centers are typically closed during a shutdown, meaning no maps, information desks or exhibits. Educational programs, ranger-led tours and wildlife talks are suspended. Emergencies are still handled by law enforcement, but with reduced staffing, response times may be slower.

Campgrounds and reservations

Campgrounds operated by the National Park Service are often closed or left unsupervised. That means no reservations, no campground hosts and no access to amenities like showers or dump stations. If you’ve booked in advance, you may not get a refund. However, privately run campgrounds inside or near park boundaries may still operate as usual so check with them directly.

Road access and safety

Roads may remain open, but winter closures, storm damage, or fallen trees won’t be addressed promptly without maintenance crews. Unplowed snow and unmarked hazards can make driving dangerous. If you're traveling through high-altitude or remote parks, it’s especially important to be cautious and prepared.

Restrooms and trash collection

These are among the first services to go. Without regular maintenance, overflowing trash cans and unsanitary restrooms can create health and environmental risks. During the last major shutdown, several parks saw damage from unattended litter and waste.

Which parks might stay open?

Some states step in to fund park operations during a shutdown. For example, Arizona has historically allocated emergency funds to keep Grand Canyon National Park partially staffed. Similarly, Utah has done the same for Zion and Arches National Parks, given their importance to state tourism.

However, this isn’t guaranteed. Even when state funding helps, only basic services may be offered. If your route includes parks across multiple states, expect a patchwork of accessibility and support.

How to plan ahead during a shutdown

1. Check park status online

Before you leave, visit NPS.gov for updates. Each park typically has its own page detailing any closures or restrictions. Social media accounts for individual parks can also provide real-time alerts and posts from local authorities.

2. Prepare to be self-sufficient

Bring your own supplies including toilet paper, food, water, first-aid kits and waste bags. Assume that anything you would normally rely on the park to provide will not be available.

3. Build flexibility into your itinerary

Have a backup plan. State parks, local recreation areas, or even lesser-known sites managed by non-federal entities may serve as alternatives. Some travelers opt for more urban-based activities or plan overnight stays outside park boundaries to avoid issues.

4. Review your reservations and refund policies

If you’ve booked tours or camping sites, check cancellation terms. For bookings through third-party sites or private vendors, reach out to customer service for shutdown-specific updates.

What else could be affected?

National monuments and historical sites operated by the federal government fall under the same rules, meaning closures and staff reductions are common. Seasonal events such as guided winter hikes, stargazing programs and special tours may also be canceled.

For parks that straddle the U.S. border, like Glacier National Park’s connection to Waterton in Canada, international border services could also see delays or limited staffing.

Final thoughts

A government shutdown doesn’t mean you have to cancel your trip entirely, but it does mean you’ll need to adjust your expectations and plan more carefully. With reduced staff, fewer services and no safety net, travelers must take more responsibility for their own experiences.

If you do visit a national park during a shutdown, tread lightly. Follow Leave No Trace principles, pack out your trash and be mindful of the impact that unmonitored tourism can have on protected landscapes.

When in doubt, consider rescheduling or exploring alternative destinations until the parks are back to full operations. After all, these natural treasures deserve our best care, even when Washington can’t agree on a budget.

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When the stock market seas get choppy, investors often flock to gold. The "safe-haven" asset is seen as a reliable store of value during times of market turbulence.

Chuck Czajka, founder of Macro Money Concepts, calls it "wealth insurance" because of its ability to hedge against "inflation and economic uncertainty like we are currently experiencing."

Today, you have three primary ways to invest in gold: the traditional route through physical bullion, the stock market route through gold stocks or funds, or the hybrid approach using digital gold investment platforms. Each approach has its benefits and drawbacks that can affect which is best for you.

Investing in physical gold: Traditional security with logistical challenges

Owning physical gold — whether it's a U.S. Mint-issued American Gold Eagle coin or a hefty bar — is the classic way to invest. It’s tangible, and for some, that's the ultimate security, but this security can come at a cost.

"Often, when investing in physical gold, purchase price premiums and sell-back spreads — which occur when a gold purchaser pays below market price — can significantly reduce final return," says Scott Hefty, co-founder of Serae Wealth. "These costs can be in addition to custodial holding fees, a service that is required when investing in physical gold inside a qualified retirement account."

You'll likely need substantial capital to cover the cost of a single coin or bar. You also need to find a secure storage solution, like a home safe, bank safe deposit box or gold storage service. Each method incurs additional costs or security risks.

When you're ready to liquidate, selling physical cold can be a hassle, too. You need to find a reputable dealer and may end up selling for a price below the current market price.

The stock market route: Trading stability for convenience

Investors looking to avoid the liquidity and storage challenges of physical gold ownership may turn to the stock market for relief. Gold ETFs, mutual funds or mining stocks make it possible to add the precious metal to your portfolio without ever touching a single piece of bullion.

"Gold-backed ETFs can be a way to efficiently create diversification within an overall investment account, allowing you to use gold’s non-correlated nature to bring more balanced returns," Hefty says. "They typically have much lower ongoing expense and transaction costs compared to their physical counterpart" and "provide the security of large institutional management."

All you need to invest in gold funds or stocks is a brokerage account. Best of all, selling involves a click of a button. Assuming there is a counterparty to your trade, this can be a far more liquid approach than buying physical gold.

That counterparty risk can be a significant drawback. If no one is willing to buy what you have to sell, you may be stuck with the asset or forced to accept a lower price. You also don't own the physical metal when you invest this way, and the value may be impacted by broader market events.

Digital gold investment platforms: Where physical ownership meets digital convenience

As often occurs, modernization has developed a Goldilocks alternative to the previous two options. Digital gold platforms allow you to own a claim to physical gold that is securely stored in a professional, third-party vault.

Your ownership is represented either by a digital token on a blockchain or by a share of a commingled gold pool. This makes it possible to invest whatever dollar amount suits you.

These platforms also solve the liquidity issue of traditional physical gold ownership. Many allow 24 hours a day, seven days a week access, so you can monitor, buy, and sell at your convenience. You can sell your share for cash or possibly have the physical metal shipped to you.

This convenience isn't free, however. Digital gold platforms charge a fee for their service to cover storage and transaction costs. These fees vary, but may be less than the expense ratio on a gold ETF or mutual fund, or finding your own storage solution.

There may also be a fee at the time of sale. For example, you may pay 0.3% of the redemption value at the time of sale.

Trust is paramount here, as well. Your investment is only as secure as the platform through which you invest and its chosen storage partner.

What to watch for: A head-to-head comparison

There are key elements to watch for when buying gold as an investment, regardless of the method you use. Here’s what to look for when evaluating each approach:

Ultimately, the best way to invest in gold depends on your personal goals and risk tolerance. If you want a tangible asset you can hold, physical bullion is for you.

If you want the convenience and familiarity of the stock market, gold funds or mining stocks are a solid route. If you want a physical asset with digital conveniences, consider a digital gold investment platform.

Regardless of the investment method you choose, be aware that while gold does tend to perform better during market uncertainty, it is not always a smooth ride. "Gold can be extremely volatile and can often experience periods of double-digit declines like the stock market," Hefty says.

It's best to keep your allocation to no more than 5% to 10%, according to Czajka and Hefty.

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A mortgage refinance can provide various advantages, like reducing monthly payments, shortening a loan term, switching to a fixed-rate mortgage, or accessing cash for home renovations or other expenses.

These benefits have become particularly attractive to homeowners recently as anticipation surrounding the interest rate cut by the Federal Reserve in September drove down mortgage rates. And that led to a surge of refinancing applications and the strongest week of borrower demand in decades, according to the Mortgage Bankers Association (MBA).

“Homeowners with larger loans jumped first,” said Mike Fratantoni, MBA’s SVP and Chief Economist, regarding their weekly survey of mortgage applications for the week ending Sept. 12 . “The average loan size on refinances reached its highest level in the 35-year history of our survey.”

But as mortgage rates slide, homeowners considering a refinance should be aware of associated tax implications to maximize any potential benefits. Here's more to know.

Are cash-out refinances considered taxable income?

A cash-out refinance enables homeowners to tap into their home equity, freeing up funds to cover expenses like college tuition, medical bills, or home improvements.

The best part of a cash-out refi is that you won’t owe income taxes on the cash received. That’s because you are borrowing against your home’s equity, and the IRS expects that you’ll pay those funds back to the bank.

Additionally, money received from a home equity line of credit (HELOC) or home equity loan is also tax-free.

Aside from being tax-free money in your pocket, a cash-out refinance could provide other tax advantages. Let’s dive in.

Permanent cap on mortgage interest deduction

One of the most popular tax breaks some homeowners claim is a mortgage interest deduction when refinancing their home loan. However, you’ll need to itemize using a Schedule A of Form 1040 to claim this deduction.

There’s also a limit on the amount you can deduct on mortgage interest. President Donald Trump’s recently enacted tax cuts and spending legislation, dubbed the ‘big beautiful bill,’ makes that cap permanent for refinanced and original home loans. But there are income limits.

For 2025 and onward, you can deduct mortgage interest on the first:

• $750,000 if single or filing jointly
• $375,000 if married filing separately

For a deeper dive into how Trump’s megabill reshapes tax breaks for homeowners, see our related story: New Trump Tax Bill: Five Changes Homeowners Need to Know Now.

Tax-deductible home improvements for a cash-out refi

There are also other cash-out refinance tax rules that impact what you can claim as a tax deduction.

For instance, proceeds from the cash-out refi used to fund capital home improvements may qualify for a deduction. Capital improvements are permanent residential upgrades to enhance your property, outlined in IRS Publication 523.

If you’re a retiree in search of home improvement tax breaks, or have a family member who needs certain renovations done to make your home accessible. Some remodeling projects may also qualify for a medical expense deduction that you must itemize.

Some popular tax-deductible home improvements may include:

• Adding a swimming pool
• Implementing a new bedroom, office, or bathroom
• Installing home security systems

As a note, some tax breaks are expiring this year due to Trump’s new tax law. For example, clean energy tax credits for home improvements are being eliminated sooner rather than later. That includes tax incentives some homeowners could claim for installing energy-efficient home improvements like solar panels.

Tax breaks for buying down your rate

When you’re about to close on a mortgage refi, you have the option to buy down your rate via discount points.

Points paid during a traditional or cash-out refinance aren’t deductible in full the year you pay them. Some exceptions may allow you to deduct points fully in the year paid, like if you use part of the refinanced proceeds to substantially improve your main home.

However, discount points paid during a mortgage refi are generally deducted over the life of the loan, so you’ll have to plan accordingly.

So, what are mortgage points?

• Points are prepaid interest, which you pay upfront to lower the interest rate on your mortgage.
• One point equals 1% of the loan amount. That means that paying 1 point on a $300,000 mortgage would cost you $3,000, and could reduce your rate by about 0.25%.

To deduct mortgage points, you must meet all IRS requirements, and they should be included as an itemized deduction claimed on IRS Form 1040, Schedule A.

Rental property tax deduction

Here’s some good news: You can also claim tax deductions when refinancing a rental property, but they are generally amortized across your refinance loan term.

The rules are slightly different. For instance, when refinancing a primary residence, you can only deduct qualified points and interest, as well as certain renovations.

By contrast, refinancing a rental property also allows you to also deduct closing costs associated with obtaining a new mortgage, like loan origination fees. Other tax-deductible costs may include:

• Application fee: These are processing fees when applying for a refinance, and may include credit report fees as well.
• Appraisal costs: An appraisal for a rental property includes an analysis of potential rental income in your designated area.
• Discount points: As mentioned, these are points purchased to buy down the rate on your mortgage.
• Mortgage insurance premiums: A mortgage insurance premium can generally be deducted as a business expense in full the year they are paid.

Ensure you consult with a tax professional to determine what may qualify as a tax break when refinancing your rental property.

When to consider refinancing your mortgage

More than 81% of homeowners have a mortgage rate below 6%, according to data from Realtor.com. That’s at least 4 in 5 U.S. homeowners with outstanding mortgages, who may not be interested in refinancing at today’s rates.

However, refinancing a mortgage may be worth considering if interest rates have fallen considerably below the current loan rate. Some folks may also be interested in a refinance if they want to change their mortgage loan term, switch to a fixed-rate loan, or want to pull cash from their home equity to fund certain expenses.

All of these reasons may sway homeowners to refinance their mortgage, especially as market rates are on a downward trend.

Before refinancing your home loan, keep track of potential tax benefits you may claim, which are generally through itemized deductions. As mentioned, some may include deductions for qualifying home improvements or closing costs of the loan.

To get the best outcome, consult a trusted tax advisor who can guide you regarding potential tax breaks associated with home refinancing.

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Buying a second home can be an appealing way to lock in a vacation retreat or create an income-producing property. But the number of buyers taking out mortgages for second homes has fallen sharply — Redfin reports 86,604 mortgages in 2024, the lowest level since 2018 and far below the 258,289 peak in 2021.

If you have enough savings, you don’t necessarily need a mortgage to make the purchase. All-cash offers are still common, and they can make transactions faster and more attractive to sellers. But draining your savings may leave you without a financial cushion.

The real question is whether it makes more sense to pay cash for your second home or finance it with a mortgage. Both options come with trade-offs in flexibility, tax advantages and long-term costs.

Should you pay cash for your second home?

Buying a home is often the largest purchase you’ll make in your lifetime, and some buyers are in a position to cover the cost entirely in cash. According to the National Association of Realtors (NAR), 28% of all home sales last summer were all-cash transactions.

About 16% of those were for second homes, showing that many buyers are skipping financing altogether when purchasing a vacation or investment property.

By November, the share of all-cash purchases dipped slightly to 25%. Even with that decline, cash buyers continue to represent a significant portion of the market. These figures highlight how common it is, and how competitive it can be, for buyers with available funds to sidestep the mortgage process and secure a property outright.

Curious about today's rates? Explore and compare some of today's top mortgage offers with the tool below, powered by Bankrate:

Pros and cons of buying a second home in cash

Paying in cash comes with clear advantages, but it isn’t without drawbacks. Here’s what to weigh before deciding if an all-cash purchase is right for you.

Pros

• No decades-long interest charges. You’re off the hook from paying interest on your home, which could cost you more than the home itself. If you were to buy a $400,000 second home today with a 6.5% interest rate and put down 10% — $40,000 — you’re looking at about $2,742 as your monthly payment. At the end of your 30-year loan, you’ll end up paying $819,160 for that home — $459,160 of that in interest.
• Fewer fees. Paying in cash eliminates many of the costs tied to financing, such as loan origination, appraisal and lender-related closing fees. While you’ll still need to cover standard expenses like title fees, transfer taxes and insurance, the overall transaction typically costs less than if you were taking out a mortgage.
• Outright ownership. A mortgage means your lender technically owns your home until you’ve paid off your loan. Without a mortgage, you own the home in full, giving you more options if you want to sell it quickly.
• Faster purchase. Sellers like all-cash offers, since they don’t have to be at the mercy of financial institutions approving or denying potential buyers. It makes for quicker, smoother transactions and could put you at the front of the line for a hot property.
• Potential discounts. Some sellers may offer an all-cash discount if you pay for the property in full, rather than going through mortgage lenders, which could trigger more costs and fees.
• Spending freedom. Without a monthly mortgage payment, you can use that money you would’ve spent on a home loan towards other wants or needs, like investments and savings.

Cons

• Less cash flexibility. If you’re draining your savings to buy a second home, you have very little to pay for other needs. Without a cushion, you could end up borrowing for emergencies, whether unexpected repairs, car maintenance, or a health concern.
• Fewer tax benefits. While second homes don’t offer as many tax breaks as primary residences, you can still qualify for some relief. For instance, you can deduct mortgage interest, up to certain limits.

Pros and Cons of buying a second home with a mortgage

While many second homebuyers pay for their property in cash, not all do. In some cases, taking out a mortgage might be a better option.

Pros

• More financial wiggle room. Even if you can pay a sizable chunk of your home purchase in cash, taking out a small loan provides financial relief in the first few months of ownership. What if you need to cover major repairs or you want to make significant upgrades? Think about what you’ll need money for after the purchase.
• Tax incentives. Even though you’re making monthly mortgage payments on a second home, you can take advantage of the mortgage interest deduction on your taxes.
• Builds creditworthiness. While taking out a mortgage causes a temporary dip in your credit, having a home loan on your credit report looks good to potential creditors in the future, who may look at your report to gauge your creditworthiness.

Cons

• Long-term interest and fees. Taking out a mortgage means paying interest until your loan is paid in full. There’s a chance you could pay off your loan before the terms are up, lessening how much you pay in total interest. But you might get hit with a prepayment penalty if you pay it off too soon.
• Ongoing monthly payments. Unless your first home is paid in full, you’ll add another mortgage payment to your monthly budget. If you can afford the new payment, this should be fine, but you may need to rework the numbers if it's tightening your finances.
• Longer closing process. The homebuying process can take a few weeks to a couple of months. Taking out a mortgage puts you at the mercy of a financial institution that approves or denies your final application.

Deciding how to fund your second home

If you have the cash to buy your second home in full, that’s a great way to avoid the mountain of interest and fees that come with a mortgage. You’ll also have the peace of mind of owning the property outright.

Not everyone has the financial freedom to make this leap, though. And even if you do, a loan can still make sense if it helps you preserve savings, take advantage of tax deductions, or keep more flexibility in your overall finances.

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Once upon a time, if you wanted to invest in gold, you'd need to find a reputable dealer, verify the authenticity of the product, arrange payment and then secure transportation and storage of the physical bouillon all on your own.

For many, the result was the most expensive headache you'd ever endured. The time-consuming process made investing in gold feel like a luxury reserved for the ultra-wealthy or most dedicated of hobbyists.

Today, digital platforms are rewriting the gold investing story. You can buy gold while handing logistical headaches over to someone else. This modernization has not only streamlined the investing process but also democratized access, enhanced transparency, and fundamentally transformed gold from a cumbersome physical asset into a liquid, digital one.

Democratizing access: Gold for everyone

One of the biggest barriers to buying gold used to be the sheer cost of the endeavor. Traditionally, investing in gold would require significant upfront capital to cover the full cost of a coin or bar. Prices could be thousands of dollars. This high entry point prevented many would-be investors from adding the precious metal to their portfolios.

Digital platforms are dismantling this barrier and making gold as accessible as a low-cost ETF. Through them, you can start investing at nearly any amount using fractional ounces.

You own an interest in the metals held by the platform’s custodian through "pooled metal positions." This model is essentially the physical asset version of fractional share investing for stocks, where you can buy a piece of an asset that would otherwise be too expensive to own.

This reduced cost to invest means almost anyone can add gold to their portfolio. Some companies are even offering credit cards that invest points earned directly into digital gold. So, all you need to do is buy a cup of coffee to start investing in gold.

The age of convenience: Buy, sell, track 24/7

Alongside lower financial hurdles to investing, digital platforms are streamlining the entire gold investing process. Gone are the days of needing to navigate suppliers, authenticators, and transportation and storage providers. You can now buy and sell gold online around the clock with a few clicks of your mouse or taps on your smartphone.

Desktop sites and mobile apps for gold investing allow you to effectively keep your gold portfolio in your pocket. You can track your gold's value and trade from any place at any time. This has turned a notoriously illiquid asset into one with access even ETF investors would envy.

Digital platforms provide a blend of direct ownership and digital convenience that not even gold ETFs can achieve. Since you own the asset directly, you can always redeem your gold instead of selling it online, and have the physical metal delivered to your address.

A clearer view: Transparency and trust

Trust is paramount in any financial transaction, especially when dealing in physical goods you may never see in person. Digital platforms are enhancing industry trust through heightened levels of transparency.

These platforms may back every unit of digital gold investment with an equivalent amount of the physical metal. This is audited by a third party, and many services provide public reports that verify their inventory against all outstanding customer holdings.

Other platforms are taking this a step further by leveraging blockchain technology through gold tokenization. Each digital token represents a specific weight of physical gold, and every transaction is recorded on the blockchain to create a transparent and immutable, auditable trail.

The ultimate lockbox: Cost-effective and simplified storage

When you own physical gold, the question becomes where to keep it. You're responsible for finding a secure storage location, be it a home safe or insured vault, and covering the associated storage and transportation costs. With digital gold platforms, this is all handled for you.

Many platforms partner with trusted, third-party storage companies where your gold is stored in high-security vaults. You may have your choice of domestic and international custodians, including top names in the industry like Brinks and APMEX.

The storage fees are typically bundled with insurance and auditing services in a single annual fee. This is often calculated as a percentage of your gold's value, much like the expense ratio you'd pay on an ETF.

What's more, that price may be even lower than the expense ratio you'll find on many gold ETFs, although minimums may apply. For small balances, this approach is often considerably less expensive than managing private storage.

Not a perfect picture: Understanding the risks

While digital gold investing has much to offer, it’s important to acknowledge the risks before investing. The primary risk with digital gold is counterparty risk. You're counting on the platform and its custodian to maintain security and honor your claim to the gold you own if and when you want to sell or redeem. This makes performing your due diligence before investing essential.

To help you identify trusted partners in the industry, look for platforms that:

• Use reputable, third-party depositories.
• Provide regular, independent audits of their holdings.
• Offer clear and transparent fee structures, including the transaction costs and those applied to storage, transportation and redemption.
• Have strong cybersecurity measures, including multi-factor authentication.

By choosing a reputable and well-regulated provider, you can minimize the biggest risks while taking full advantage of the revolution that digital platforms are bringing to gold investing.

The best platforms pair gold’s time-tested value with modern tech’s speed and transparency. The result is a simpler, more appealing option for a new generation of gold investors.

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When buying a home, securing the lowest interest rate available means you won’t have to pay more than necessary on top of your principal balance. But interest rates change constantly — sometimes multiple times a day.

These changes could mean the rate you secure today may not be the lowest rate on the market before you close on your new home.

Before signing any paperwork with a lender, whether you're getting preapproved or finalizing your loan, it's important to understand how interest rates work. Knowing the difference between locking in an interest rate and letting it float can help you make a more informed decision and avoid paying more than necessary over the life of your mortgage.

What does it mean to lock in an interest rate?

Mortgage interest rates can change often, so what you see today isn’t necessarily what you will pay by the time you close on your home.

When applying for a home loan preapproval, some lenders allow you to either lock in your interest rate or let it float.

Locking in an interest rate means securing a rate from the time you complete your preapproval application through closing, as long as you meet certain conditions from your mortgage lender. These might include closing within a set time frame, such as 30 or 60 days, and ensuring the home's appraised value remains consistent.

Pros and cons of locking in an interest rate

Locking in your rate can offer stability, but it may also limit your flexibility if market conditions change. Here are some key advantages and potential drawbacks to consider.

Pros

• Get the lowest interest rate available right now.
• Some lenders lock your rate for free.
• You can estimate your monthly payments to find home listings in your price range.

Cons

• There’s a chance interest rates could drop before you close on your home and you don’t get the lowest interest rate available anymore.
• Terms could change if you don’t meet borrower obligations, like closing before the deadline or your credit score changes.
• Unable to buy points to lower the interest rate if it is locked.

Curious about today's rates? Explore and compare some of today's best mortgage options with the tool below, powered by Bankrate:

What is a floating interest rate?

Rather than locking in an interest rate, you can let it float. Floating an interest rate means you get the lowest rate available at closing time, even if it’s different from what you saw during the preapproval process.

Pros

• Your estimated interest rate could drop by the time closing comes around.
• Allows you to buy mortgage points to lower the rate - pay to reduce the interest rate through discount points in exchange for upfront lump-sum cash.
• You aren’t tied to the rate lock deadline when home shopping.

Cons

• You could end up with a higher interest rate than your original quote.
• A higher interest rate at closing means you could pay more per month and over the life of your loan.
• Higher monthly expenses could cut into other financial necessities, including other bills or emergency savings.

When should you lock in an interest rate vs. letting it float?

Locking in an interest rate is a safe and secure way of keeping your rate at an expected level when buying a home. But there might be some instances where you decide to get a floating interest rate instead.

You should lock in an interest rate if:

• You’ve been following mortgage rates and they’ve been trending upward.
• You have the lowest interest rate available.
• You expect to close on a home within the set time frame.
• You don’t plan on making any big purchases before buying a home that would change the rate.

You should float an interest rate if:

• The trend shows mortgage rates are dropping and you expect to get a lower rate by the time closing comes around.
• You aren’t sure if you’ll close on a home within the set time frame.
• Your credit score might change, impacting the interest rate you got during the preapproval process.
• You could get a lower interest rate by buying mortgage points.

When you’re unsure if a floating interest rate is right for you

If you’re uncertain whether to float your interest rate, talk to your lender or mortgage broker about your options. They can help you evaluate your financial goals and determine what makes the most sense for your situation.

If a floating rate could benefit you, they should explain why. If a rate lock is the better choice, make sure you understand the reasoning. In some cases you might qualify for a float-down option, which lets you take advantage of a lower rate if it drops before closing.

If you’re unsure about the deal you’re getting or want to explore other options, don’t hesitate to consult with other mortgage professionals. Buying a home is one of the biggest financial decisions you’ll make and it can be stressful. Surround yourself with a team that supports your goals.

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• Find the Best 30-Year Mortgage Rates Today
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Money market accounts (MMAs) — not to be confused with money market funds — combine features of savings and checking accounts, allowing holders to write a limited number of checks and get a higher interest rate than traditional savings accounts.

However, enjoying the best of both worlds comes at a price, and sometimes a hefty one.

This is why it's important to consider the fees in advance to ensure this is the right option to maximize your savings.

Why money market accounts seem appealing

It’s easy to see why so many people opt for money market accounts. Being able to write a check from what’s essentially a savings account seems like freedom. Although it’s less common, some money market accounts even come with a debit card, usually with limits on transactions.

MMAs are also attractive because they sometimes offer higher interest rates than traditional savings accounts. Our top picks for the best money market accounts earn up to 4.35%.

Explore some of the top MMA accounts, using the tool below, powerd by Bankrate:

However, the returns are not as high as those offered on other investment options. Importantly, you might have to keep a certain balance to earn the high interest rate that first attracted you.

Most money market accounts utilize a tiered system tied to balance amounts. For example, you might earn the lowest possible rate on balances up to $9,999 and the highest possible rate on balances over $25,000.

Currently, the average interest rate on money market accounts is 0.59% APY, as of August. High-yield MMAs from online banks can offer interest rates over 4%.

Another bonus with MMAs is that the money should be protected against institutional failure by the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration for credit unions.

Protection is up to $250,000 per account ownership type and per depositor, but it’s not a bad idea to check that the financial institution has coverage.

The most common (and costly) fees

Despite the appealing nature of money market accounts, fees can quickly eat into your savings if you don’t pay attention. Some fees can be waived or avoided in certain situations, depending on the financial institution’s rules.

Here are some of the most common money market account fees:

• Monthly fees: Many MMAs come with maintenance fees charged every month, typically from $10 to $25. If you maintain a certain minimum balance or set up qualifying direct deposits, some institutions might waive this fee.
• Fees for excess withdrawals: Many institutions set limits on the number of withdrawals you can make from your MMA in a month. If you go over, you might be charged a fee. Typically, ATM withdrawals aren’t included in limits, but every other type is, including transactions made with a debit card. The maximum number of withdrawals from an MMA is around six per month.
• Minimum balance fees: Keep an eye on your balance because some institutions charge a fee if it falls below a certain amount. This can be as little as $1,000 or much higher, depending on the institution.
• ATM fees: If your MMA comes with a debit card, be wary of using it to withdraw from an ATM. Some institutions charge a fee even when withdrawing from their ATM. If that’s not the case, you can be sure there’ll be a fee when withdrawing from an ATM outside their network.
• Overdraft fees: Like many other bank accounts, MMAs typically charge a fee if you overdraw the account. These fees can range from $30 to $35 per transaction.
• Fees for closing the account too early: Be sure you want the account, and pay attention to the minimum holding period. Some institutions charge a fee if you close your MMA too soon after opening it.

Real-world examples: How money market account fees eat into returns

One of the simplest ways to see how MMA fees can eat into your returns is to check the fees you’re charged in a given year against the interest earned.

For example, if you have a money market account that charges a $10 maintenance fee every month, the $120 in maintenance fees over a year would potentially negate much of the interest earned, especially if you didn’t add anything to your balance.

Now consider your possible earnings: 4.35% interest annually on a $5,000 balance, for example, would earn you $217. So, in this instance, you would save less than $100 a year, given the fees.

Another way fees eat into your savings is through compounding. Every time a fee is deducted from your balance, it means that a lower balance earns less interest in future months, resulting in diminished compounding.

Alternatives: High-yield savings or no-fee MMAs

With so many potential fees eating away at your savings, money market accounts might not be the best option for everyone. However, not every MMA charges fees, so it pays to shop around. Here are some examples of no-fee MMAs:

• Sallie Mae Online Money Market Account
• Synchrony Bank Money Market Account
• Ally Money Market Account
• Discover Money Market Account

While the above options don’t charge monthly maintenance fees and have a $0 minimum opening balance and deposit, they may have other fees attached to them that can easily be avoided.

For example, if you avoid overdrawing the account, you won’t have to worry about overdraft fees, whether or not the institution charges them.

Alternatively, if you don’t care about being able to write checks from the account, you might opt for a high-yield savings account instead. Many high-yield savings accounts offer rates over 4%, making them an attractive alternative to an MMA.

Tips to protect your savings

The most important thing to remember when shopping around for money market accounts is to carefully review the list of applicable fees. Those monthly maintenance fees can be especially hard to avoid — and they can be the biggest culprits when it comes to eating away at your savings.

It’s also important to verify that they have insurance with the FDIC or NCUA. If they do, keep your balance within the insurance limit and track your minimum balance versus any minimum required by the financial institution. Finally, stick to any withdrawal limits placed on the account and monitor interest rates for better deals.

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Buying a home has so many moving parts that it can feel like it takes forever to finish. One part of that process includes mortgage underwriting.

A mortgage underwriter is the person who approves — or denies — your loan application. This is one of the most important people in the process, and it could take days or even weeks to finish.

If you’re beginning the home-buying process or simply planning for the future, let’s explore the role of a mortgage underwriter and why their work matters for your approval.

What is a mortgage underwriter?

A mortgage underwriter assesses your home loan application, checking your financial history to see if you’re a good candidate to whom to lend.

The underwriter thoroughly reviews your credit history, financial documents, bank accounts, investments and anything related to your money, taking a deep dive into your background to see if your finances align with home loan eligibility.

Each mortgage lender has different requirements, so underwriters must ensure each applicant fits the eligibility standards before approving (or rejecting) a home loan.

What does a mortgage underwriter do?

A mortgage underwriter checks every facet of your finances, with a few primary focus points.

1. Income

One of the most important evaluations is made on how much you earn, how often you earn it and how long you’ve worked for your current employer. A mortgage underwriter verifies your employment to make sure you earn exactly what you stated in your application. You might need to submit a W-2, pay stubs, or other employment statements to show your earnings.

Mortgage underwriters thoroughly review bank accounts for the last few months or years, depending on your situation. For self-employed folks or those who own their own businesses, you might have to submit extra paperwork to show your income.

How much you make, together with your current debt levels, makes up a pivotal part of your mortgage application. This also highlights your debt-to-income ratio (DTI), which is the percentage of income you have once all your monthly bills have been paid.

Debt includes monthly home payments (such as a mortgage or rent), outstanding credit card balances and other loans, such as auto, personal, student loans, child support, alimony and more. It also includes basic costs such as food and utilities.

You can find your DTI by adding up your monthly payments and dividing them by your monthly income. Multiply that figure by 100 to get your DTI percentage.

Every lender has different DTI requirements, but generally, a good DTI is 35% or lower. Keep in mind that you might still get approved for a mortgage with a higher DTI, depending on your lender.

2. Credit

Your credit is another major component of the underwriting check. A mortgage underwriter will pull your credit report to see how you handle borrowing money.

A long history of on-time payments shows mortgage underwriters that you’re responsible with money and would likely repay your mortgage if given a home loan. This shows up in your credit score, such as the commonly used FICO score.

Underwriters look at the good and the bad. For example, they could check to see if you’ve had any recent bankruptcies or carry a large credit card balance. If you have a history of irresponsible credit, a mortgage underwriter might deem you too risky to approve a loan.

3. Property and assets

Assets aren’t just the cars or homes you own; they include bank and investment accounts, retirement funds and more. A lender will order a third-party property appraisal on the home you want to buy.

Appraisals tell lenders the market value of your potential home, which plays a part in your approval, helping inform lenders whether you can afford your future home repayments based on how much it's worth.

You might get approved for an amount that’s less than the home's appraised value. If that’s the case, you might have to pay the (potentially hefty) difference out of pocket.

How long does a mortgage underwriter take to evaluate applications?

There’s no standard time on how long mortgage underwriting should take. For some lenders, it could take a few days, while others might take upwards of a few weeks to complete underwriting. Some use an automated process that includes software or AI, which expedites the process.

This might work for some applicants, especially those with a straightforward income, employment and debt history.

However, if you have irregular income, recently changed jobs or have recent marks against your credit report, you might have a better chance of approval with a manual underwriting process.

Either way, avoid falling behind during the underwriting check by keeping all your paperwork in order and at the ready. It could take you awhile to pull financial documents from the last two years, so if you can gather those ahead of time, you could help the underwriting process go faster.

Tips for navigating mortgage underwriting successfully

Overall, underwriting is one of the most time-consuming steps in the mortgage process.

To keep things moving smoothly, avoid making large purchases that could lower your credit score and affect your application. Have your financial documents organized and ready, and try not to get discouraged by the waiting game.

Patience and consistent communication with your lender and agent will help ensure they have everything needed to guide you through the process.

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If there's one thing frequent travelers love it's a bundled deal. Not only do they get to save some cash, but bundling can help take some of the stress and guesswork out of planning.

If you're a traveler who also happens to be a baseball fan, more and more hotels are now catering to you.

With exclusive deals, bundled room and ticket prices and even fan freebies, these are the best travel deals available for baseball fans right now.

1. Hotel Commonwealth x Boston Red Sox

Hotel Commonwealth is located just a seven minute walk from Fenway Park, so guests can beat the crowds and avoid long Uber wait times when trying to leave the stadium.

The hotel dubs its deal "The Dugout 'Brag' Man Package," which includes overnight stay for two in its Luxe Fenway guest room, two front row tickets, a Red Sox themed welcome basket, a private VIP tour with access to batting practice, a signed baseball from a Red Sox legend and even a personalized message on the score board during the game.

Boston is also a great city to explore. You can check out Quincy Market, visit the picturesque Beacon Hill neighborhood or take a stroll in Boston Common.

2. Omni San Diego x San Diego Padres

In under a minute you can be out of your hotel room at the Omni San Diego and at Petco Park rooting on your favorite Padres players.

When you book the baseball experience package at the Omni, you get perks such as classic baseball snacks, two welcome IPAs or sodas, $50 to spend at the in-hotel restaurant, Tortuga, as well as skybridge access from your room to Petco Park.

This package will cost you about $468 per night, around $150 more than your typical stay.

3. Inn at Cooperstown x Baseball Hall of Fame

In between Albany and Syracuse in Upstate New York lies Cooperstown, home of the Baseball Hall of Fame. With so many legends in one place, this is a must-see for any baseball fan.

The Inn at Cooperstown offers the ultimate VIP baseball fan experience that includes access to the Hall of Fame. You'll get a VIP tour, a presentation of the library, a Hall of Fame supporter membership with free admission for a year, a personalized commemorative bat, access to a reception at the Hall with a staff member, and discounts on restaurants and activities in the area.

If you love following personalized itineraries, this one is for you. Visits are currently available for Oct. 16-17, 2025 and are $1,415 for two people for a two-night stay.

4. The Lancaster Hotel x Houston Astros

Although this stay doesn't include game tickets, it will certainly get you in the spirit for baseball. This package includes a complimentary snack bag with game-day treats, two drink tickets for wine or beer at the Lancaster Hotel bar and hotel valet parking. But maybe leave the car behind — Daikin Park is just a short walk from the hotel.

Plus, gourmet breakfast is included, while in-room snacks and beverages are all complimentary.

A room for two plus the baseball experience package starts at $299 per night.

5. Lotte New York Palace x New York Yankees

Visiting Yankees Stadium is a must for any baseball fan but expect things to work differently in New York City. For one, if you plan on staying in Manhattan you won't be close to the ballpark, which is in the Bronx. Don't worry, it's easily accessible by subway or Uber.

The Lotte Palace hotel in midtown offers a Palace Pinstripes Package that includes a 25% discount on room stay, 50% savings on select Yankees tickets and, of course, two New Era Yankees baseball caps and drawstring backpacks.

The Lotte was also the backdrop to a number of Gossip Girl scenes, so this visit might be fun for the whole family. Room rates with this package start at just $505 per night.

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Abu Dhabi is quickly cementing its place as one of the world’s most exciting travel destinations, blending cutting-edge attractions with rich cultural heritage.

In May 2025, The Walt Disney Company announced it will open Disneyland Abu Dhabi, the first new Disney theme park in 15 years — and the first ever in the Middle East. Set to rise on Yas Island, the park promises to deliver state-of-the-art technology and immersive storytelling, making it a landmark addition not only to Abu Dhabi but to Disney’s global portfolio.

But Abu Dhabi’s allure doesn’t stop with Disney magic. The city has long been a destination that balances tradition and innovation, offering visitors the chance to explore ancient mosques, bustling souks and modern marvels like the Louvre Abu Dhabi. Its striking skyline and pristine beaches showcase both Arabian elegance and contemporary flair, drawing millions of travelers each year.

As new attractions like Disneyland Abu Dhabi take shape, they join an already impressive lineup of experiences — from desert adventures to world-class shopping and dining. Whether you’re seeking cultural discovery, adrenaline-filled theme parks, or simply a luxurious escape, Abu Dhabi continues to reinvent itself as a destination where past and future seamlessly meet.

Disneyland Abu Dhabi

Disney likes to take influence from the culture of wherever its latest park resides, and Abu Dhabi will be no different. "Upon completion, the new theme park resort will offer signature Disney entertainment, themed accommodations, unique dining and retail experiences, and storytelling in a way that celebrates both the heritage of Disney and the futuristic and cultural essence of Abu Dhabi," Disney said in a press release.

The park will be built in partnership with Miral, an experiences company, and the park will feature waterfront views, due to its location on Yas Island.

However, Disney projects that most new parks take around two years to fully plan the vision for a new park, and five years after that to execute the plan, according to CNBC. That makes now a great time to start saving if the Middle East has long been on your bucket list.

Sheikh Zayed Grand Mosque

The Sheikh Zayed Grand Mosque was completed in 2008 and is one of the largest mosques in the world. The mosque is open to both worshippers and tourists, as there are scheduled prayer times and timed entry tickets.

Visiting the mosque is free of charge. Be mindful that there is a strict dress code when visiting, even for foreign tourists.

This is a must-see if you want to gain a cultural perspective of Abu Dhabi amidst all of the tourism excitement.

Arabian Wildlife Park

This park is located right on Yas Island and it's home to over 17,000 wildlife species that are allowed to free-roam. To safely see the animals in their natural habitat, it's recommended to book a safari tour.

You can also book a desert camping experience to truly immerse yourself in the wildlife. You'll see animals like oryx, gazelles, giraffes, hyenas, cheetahs and more.

Qasr Al Watan Palace

The Qasr Al Watan Palace is the presidential palace of Abu Dhabi, however, the president does not actually live there.

Instead, the space is used for tourist visits, official state meetings and more. It spans over 95 acres, so make sure to dedicate a good amount of time to this visit; you'll want to see it all.

Observation Deck at 300

One of the most impressive things about Abu Dhabi is all of the high rise buildings that have sprouted up over the last few years. See the true vastness of all that has been built by taking a trip to the Observation Deck at 300.

It's located in the Conrad Abu Dhabi Etihad Towers, and features views of the skyline and the Arabian Gulf. While you're up there grab high tea or a mocktail (alcohol, while not impossible to find, has strict regulations in the country).

If you want more Middle Eastern views, consider a day trip to Dubai, which is about an hour and a half way by car.

The Louvre Abu Dhabi, set on Saadiyat Island, is the largest art museum in the Arabian Peninsula and one of the city’s crown jewels. Opened through a historic agreement with France, the museum blends global art and architecture under its iconic dome, designed to filter light like a “rain of light” over its vast galleries. Its mission is to bridge Eastern and Western art, creating a dialogue between cultures that reflects Abu Dhabi’s role as a crossroads of the world.

Since its opening, the Louvre Abu Dhabi has become the most visited museum in the Arab world, drawing millions of travelers with its mix of ancient artifacts, modern masterpieces, and world-class exhibitions — a must-see stop for anyone exploring the city.

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At the moment, there's a lot of talk about what Taylor Swift's wedding might look like now that she and Travis Kelce are engaged. But every year, couples across the country plan wedding celebrations that often come with a considerable price tag.

The cost of hosting a memorable wedding day surrounded by family and friends can add up: From venues to catering and flowers.

Some couples might wonder: Are there situations in which wedding expenses can be written off on taxes, or is that idea a myth?

To sort it out, let's break down the facts and clarify what tax rules say about weddings and taxes.

Are wedding expenses tax-deductible?

Before looking at specific scenarios, it's good to understand the general IRS guidelines for tax deductions and how they apply to personal events such as weddings.

Here’s what the rules say about deducting event expenses and wedding-related costs.

• While you won’t be able to write off the majority of your wedding expenses, you might be able to claim a tax deduction through charitable giving.
• Charitable contributions or targeted cash gifts, or noncash donations to a qualified charity or nonprofit organization, are a popular way to recover certain expenses from your wedding.
• Just make sure that the organization you’re donating to is an IRS-recognized 501(c)(3) tax-exempt nonprofit or charity.

Finally, you must also keep a record of the donation, such as a bank statement or a letter from the organization you donated. Make sure it includes the value of the donation, date and name of the qualifying organization.

With those IRS rules in mind, here are three wedding costs you might be able to write off in 2025 as part of a charitable donation.

1. The church or wedding venue

If you’re getting married in a church, it’s customary to make a donation to reserve your date. The donation amount can vary depending on the services provided or the church of your choice. Some churches also keep flower arrangements from your ceremony as a donation.

The IRS considers churches to be 501(c)(3) organizations. If you make a charitable donation to a church, you can generally write off the expense as a tax deduction for federal income tax purposes.

You can also write off donations to other types of wedding venues, as long as they're considered a 501(c)(3) organization. That might include national parks or supporting organizations, a historical site, or a museum.

2. Wedding favors and decor

As part of your wedding preparations, several items can make your day memorable for you and your loved ones.

These include wedding favors or souvenirs to commemorate your special day, glow sticks to send off the newlywed couple and the decorations purchased for the venue. All those items can be donated, and you might be able to recover some of those costs through a charitable donation tax deduction.

Note: If you itemize your tax deductions, new tax changes start in 2026 related to charitable giving. Next year, a 0.5% floor will apply to charitable tax deductions.

3. Food and drinks

After the wedding celebrations are finished, a large portion of food and drinks might be left over. Some qualifying charitable organizations might accept food donations, but make sure to check with your local food bank or charity first.

If you don’t want that food to go to waste, you might be able to donate leftovers to food banks or other nonprofit organizations in your community. Food banks and pantries accept noncash donations; make sure to ask for a receipt indicating the value of the food for your tax return.

As mentioned, noncash gifts or donations must be itemized to be considered for a tax break under the new IRS rules for charitable donations. Starting next year, only cash gifts worth up to $1,000 ($2,000 for joint filers) are eligible for a tax deduction without having to itemize.

Tax savings for your 2026 wedding?

The Trump administration's 2025 tax reform package includes several provisions that take effect in 2026 that will impact charitable giving. That means if you're planning your nuptials next year, some key changes are worth keeping track of to maximize your savings.

Here's what's changing for charitable donations in 2026 that will apply to tax returns typically filed in early 2027.

• Cash gifts to public charities: Taxpayers can deduct cash contributions up to 60% of their adjusted gross income (AGI). This is now permanent.
• Cap on itemized deductions: The new law implements a 35% cap for all itemized deductions. That means, a $10,000 charitable deduction is worth $3,500 tax cut. From 2018 through 2025, there is no cap on itemized deductions.
• Standard deduction for non-itemizers: Starting in 2026, individuals can deduct up to $1,000 ($2,000 for couples filing jointly) in charitable contributions without itemizing. This rule only applies to cash gifts. The provision replaces the Biden-era CARES Act ruling, which allows an above-the-line deduction of $300 ($600 filing jointly) until December 2025.
• Charitable deduction floor: Charitable donations that are itemized (generally non-cash gifts) must exceed 0.5% of your adjusted gross income before qualifying for a tax deduction.

All those changes will likely impact how you handle charitable donations. Keeping track of these provisions and making intentional donations after your wedding might help you recover some costs related to your big day.

Lower your tax bill with charitable donations

Donating items from your wedding to a charitable organization might help you lower your tax bill indirectly through a charitable donation tax deduction, while giving to good causes.

As mentioned, changes coming in 2026 due to President Donald Trump's new tax bill involving charitable deduction rules will allow those who take the standard deduction to claim cash donations up to $1,000 or ($2,000 for married taxpayers filing jointly).

For now, if you plan ahead of time, by making sure certain items can be donated and keeping track of their value through receipts, you might be able to write off some of your donated wedding items next tax season.

Speak to a trusted certified public accountant (CPA) or financial planner to help you save the most on your tax return.

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