It now costs more than $300K to raise a child; here’s how much it costs in your state
Raising a child in America just hit a staggering new milestone – costing families more than $300,000, according to new data. Here's where it's most expensive.
Raising a child in America just hit a staggering new milestone – costing families more than $300,000, according to new data. Here's where it's most expensive.
Chicago investing convention aims to teach everyday people how to build wealth
Wayne A. Thorp, CEO of BetterInvesting previews a national convention focused on helping beginners and experienced investors sharpen stock-picking skills and avoid common financial mistakes.
Wayne A. Thorp, CEO of BetterInvesting previews a national convention focused on helping beginners and experienced investors sharpen stock-picking skills and avoid common financial mistakes.
Social Security Administration issues major scam warning for retirees. What to know
The Social Security Administration issued a critical warning for retirees amid a surge in financial scams. Officials are also urging older Americans to protect their benefits by taking these steps.
The Social Security Administration issued a critical warning for retirees amid a surge in financial scams. Officials are also urging older Americans to protect their benefits by taking these steps.
New study puts retirement goal at $1.4M as expert shares saving strategies
Ross Mac breaks down how to start saving for retirement at any age, balance spending habits, and grow money despite rising costs and inflation.
Ross Mac breaks down how to start saving for retirement at any age, balance spending habits, and grow money despite rising costs and inflation.
Retirement 'magic number' jumps as Americans grow anxious about their financial futures
Roughly 46% of Americans say they don't expect to be financially prepared when they stop working, a study found.
Roughly 46% of Americans say they don't expect to be financially prepared when they stop working, a study found.
"Magic number" to comfortably retire just got bigger | ChicagoNOW
Americans now believe they need about $1.46 million to retire comfortably, according to a 2026 Northwestern Mutual survey. This “magic number” is a general planning guide, not a strict savings requirement. Gabby Premus and Tia Ewing discuss more.
Americans now believe they need about $1.46 million to retire comfortably, according to a 2026 Northwestern Mutual survey. This “magic number” is a general planning guide, not a strict savings requirement. Gabby Premus and Tia Ewing discuss more.
Americans carry $1.79M in lifetime debt as US total hits record $18.4 trillion, analysis finds
Americans are carrying record levels of debt, with total U.S. consumer debt reaching more than $18 trillion.
Americans are carrying record levels of debt, with total U.S. consumer debt reaching more than $18 trillion.
Tax deadline warning: How to avoid scams before April 15
As Tax Day approaches, the Better Business Bureau shares key tips to spot and avoid IRS scams targeting last-minute filers.
As Tax Day approaches, the Better Business Bureau shares key tips to spot and avoid IRS scams targeting last-minute filers.
Cook County property tax bills are due: Why do we pay property taxes anyway?
The next portion of Cook County property taxes are due on Wednesday. Here's a primer on why we even have property taxes.
The next portion of Cook County property taxes are due on Wednesday. Here's a primer on why we even have property taxes.
Student loan borrowers in SAVE plan told to prepare for repayment: What to know
Millions of student loan borrowers will have to find a new repayment plan soon. The available repayment plans will mean higher monthly payments for most.
Millions of student loan borrowers will have to find a new repayment plan soon. The available repayment plans will mean higher monthly payments for most.
Gas prices rise, stocks slip as experts weigh EV deals and summer travel costs
Finance professor Dan Roccato explains what to expect for gas prices and airfare this summer, whether now is the time to buy an EV, and smart ways to save on fuel and travel.
Finance professor Dan Roccato explains what to expect for gas prices and airfare this summer, whether now is the time to buy an EV, and smart ways to save on fuel and travel.
Proposal would limit Social Security benefits to $100K a year for wealthy couples
As Social Security barrels toward broke in less than seven years, a Washington think tank has proposed limiting benefits to $100,000 a year for couples.
As Social Security barrels toward broke in less than seven years, a Washington think tank has proposed limiting benefits to $100,000 a year for couples.
These US cities have the highest debt delinquency rates in 2026, new data shows
A WalletHub analysis of Q4 2025 data across the 100 largest U.S. cities finds that debt delinquency varies significantly by location, highlighting where financial strain is most severe.
A WalletHub analysis of Q4 2025 data across the 100 largest U.S. cities finds that debt delinquency varies significantly by location, highlighting where financial strain is most severe.
Spring clean your finances with simple steps to save more and cut debt
Consumer expert Andrea Woroch shares easy ways to reset your budget, cancel unused subscriptions, build savings, and tackle credit card debt for quick financial wins.
Consumer expert Andrea Woroch shares easy ways to reset your budget, cancel unused subscriptions, build savings, and tackle credit card debt for quick financial wins.
The $10,000 car loan tax deduction: Here's who qualifies and how to claim it
The IRS has released guidance on a new deduction that allows eligible taxpayers to write off up to $10,000 in auto loan interest per year.
The IRS has released guidance on a new deduction that allows eligible taxpayers to write off up to $10,000 in auto loan interest per year.
How the student loan move to Treasury affects your payments | ChicagoLIVE
Bankrate analyst Ted Rossman breaks down the Trump administration's move to transition federal student loans to the U.S. Treasury.
Bankrate analyst Ted Rossman breaks down the Trump administration's move to transition federal student loans to the U.S. Treasury.
Record number of Americans dipping into retirement savings amid rising costs | ChicagoLIVE
With rising costs putting pressure on household budgets, a growing number of Americans are tapping into their retirement savings to cover everyday expenses. Rebecca Smith of Benemoney joined ChicagoLIVE to discuss the risks of early withdrawals, alternatives people can consider, and financial steps that may help avoid dipping into a 401(k) too soon.
With rising costs putting pressure on household budgets, a growing number of Americans are tapping into their retirement savings to cover everyday expenses. Rebecca Smith of Benemoney joined ChicagoLIVE to discuss the risks of early withdrawals, alternatives people can consider, and financial steps that may help avoid dipping into a 401(k) too soon.
Tax scams on the rise in 2026: What you need to know
The Internal Revenue Service released its 2026 Dirty Dozen list of tax scams, warning taxpayers about schemes that threaten personal and financial information.
The Internal Revenue Service released its 2026 Dirty Dozen list of tax scams, warning taxpayers about schemes that threaten personal and financial information.
Simple financial moves to make now if you want to qualify for a mortgage later
Mortgage expert Jen Poniatowski from Key Mortgage Services explains the simple financial steps buyers can take now—like reducing debt, boosting savings, and improving credit—to get mortgage-ready for a home purchase later this year.
Mortgage expert Jen Poniatowski from Key Mortgage Services explains the simple financial steps buyers can take now—like reducing debt, boosting savings, and improving credit—to get mortgage-ready for a home purchase later this year.
Americans tap retirement funds at record rates as mounting financial stress takes toll
A record number of Americans tapped into their 401(k) retirement savings for hardship withdrawals last year due to financial challenges, new data shows.
A record number of Americans tapped into their 401(k) retirement savings for hardship withdrawals last year due to financial challenges, new data shows.