Financial advice
Coverage of Financial advice in the Nexus archive.
- My spouse is spending all our money | The therapist is in
A reader's spouse is spending money needlessly and depleting their savings, prompting a question addressed by therapist Jordan Alam. The therapist offers advice on managing financial strain caused by excessive spending.
- Half of Young Adults Still Live at Home | Money Moves with Jill Schlesinger
Half of American adults under 30 are living with their parents. Jill Schlesinger advises young adults in this situation to contribute financially to their household. The article also discusses how obsessing over tax minimization can lead to investing errors and addresses splitting costs among friends with differing income levels.
- Albertans most likely in Canada to get financial advice from AI, social media, poll shows
Albertans are most likely in Canada to seek financial advice from AI and social media, with 21% of surveyed respondents using models like ChatGPT, Gemini, and Claude. Experts highlight online sources as useful learning tools but caution about potential risks.
- The average credit score for each age group - and how to fix yours quickly
The article outlines average credit scores by age group and provides strategies for quickly improving credit scores. It emphasizes understanding credit trends and actionable steps for financial health.
- I'm $70,000 in debt because of my ADHD. My current obsessive purchase is utterly insane but it's not my fault: Here's how you can finally cut unnecessary spending
A person attributes $70,000 in debt to ADHD-related compulsive spending and highlights the need for strategies to reduce unnecessary purchases. The article offers advice on cutting spending linked to obsessive buying behaviors.
- 5 Reasons to Think Twice Before Using ChatGPT—or Any Chatbot—for Financial Advice
The article highlights risks associated with using AI chatbots like ChatGPT for financial advice, emphasizing the need for skepticism due to potential inaccuracies and lack of accountability.
- The 'Bought in 2012' Fallacy
The article discusses the growing annoyance with people claiming to have bought Bitcoin in 2012 as a justification for giving financial advice, while acknowledging pride in long-term holding is not inherently negative.