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Author: Russ Wiles, Arizona Republic

Money

These 5 things can make or break your ability to build wealth

August 20, 2023Russ Wiles, Arizona RepublicComments Off on These 5 things can make or break your ability to build wealth

Separating the financial haves from the have-nots is often more about getting these basics right, according to a McKinsey & Co. report.

Money

‘Back at square one’: Research shows the folly of cashing out of 401(k) when leaving a job

August 13, 2023Russ Wiles, Arizona RepublicComments Off on ‘Back at square one’: Research shows the folly of cashing out of 401(k) when leaving a job

When it comes to misbehaving with money, it’s hard to top cashing out of workplace retirement plans and failing to get back in.

Money

Were you paid over PayPal or Venmo? The IRS may try to tax your money.

June 30, 2023Russ Wiles, Arizona RepublicComments Off on Were you paid over PayPal or Venmo? The IRS may try to tax your money.

Millions of taxpayers could face tougher income-reporting requirements on payments made over Venmo, PayPal or Cash App.

Money

It’s not just eggs and housing: Inflation is also driving up car insurance premiums

February 26, 2023February 26, 2023Russ Wiles, Arizona RepublicComments Off on It’s not just eggs and housing: Inflation is also driving up car insurance premiums

Inflation is the primary culprit behind escalating car insurance prices. pushed up by higher costs for mechanics, repair parts, and more.

Money

Do you know how long you might live? It’s an important part of retirement planning.

January 30, 2023Russ Wiles, Arizona RepublicComments Off on Do you know how long you might live? It’s an important part of retirement planning.

Retirement planning involves estimating how long you’ll live. Yet just 37% of people surveyed came close to identifying average longevity.

Money

How Mat Ishbia parlayed passion for basketball, fortune from mortgages to buy key stake in Phoenix Suns, Mercury

December 23, 2022Russ Wiles, Arizona RepublicComments Off on How Mat Ishbia parlayed passion for basketball, fortune from mortgages to buy key stake in Phoenix Suns, Mercury

Mat Ishbia’s slam-dunk rise in the mortgage-lending business could portend well in his role as the new controlling owner Phoenix’s NBA and WNBA teams.

Money

Beyond inflation, these other economic factors could affect you and are worth watching

October 9, 2022Russ Wiles, Arizona RepublicComments Off on Beyond inflation, these other economic factors could affect you and are worth watching

The strength of the dollar, a changing job market, bank health, stocks and the federal debt all could affect your job and your finances.

News

Looking for volunteer work? Help seniors with tax preparation.

August 21, 2022Russ Wiles, Arizona RepublicComments Off on Looking for volunteer work? Help seniors with tax preparation.

The tax season assistance programs help people save on fees and avoid the stress of completing returns alone. Volunteers find the work rewarding.

Money

Inflation boosts home prices – but can hurt homeowners, too. What to know for taxes and insurance

May 30, 2022May 31, 2022Russ Wiles, Arizona RepublicComments Off on Inflation boosts home prices – but can hurt homeowners, too. What to know for taxes and insurance

Over roughly the past year, U.S. inflation has increased 8.3% and housing prices have shot up 20% or more in many markets, including metro Phoenix.

Money

Are the odds of a recession rising due to inflation, Ukraine? Watch for these key signs.

March 13, 2022March 14, 2022Russ Wiles, Arizona RepublicComments Off on Are the odds of a recession rising due to inflation, Ukraine? Watch for these key signs.

Few economists have started warning of a recession anytime soon, but the risks are rising. Here are the key signs you need to keep an eye on.

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That Time Xi Jinping Joked About Espionage

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