Why higher income may not reduce financial anxiety

Making more money may seem like the answer for dealing with financial stress and anxiety. But new data indicates that boosting income alone may not help much. A new survey of 1,875 U.S. adults by investing app Acorns found financial anxiety does not significantly decrease as incomes rise. What did help ease respondent’s minds, based…

Can Debt Collectors Garnish Social Security? What You Need to Know

Since most Medicare payments come out of monthly Social Security checks, millions of Americans wonder whether factors like medical debt can impact how much money they receive. The answer, according to Jessica Robinson, owner of the estate-planning company Family Nest North Central Florida: “Private hospitals and regular medical providers usually cannot directly take Social Security…