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Writer should pay back ex-girlfriend’s loan for motorcycle he ended up crashing

Dear Dave, I’m thinking more seriously about buying a home in the next year or so. It seems like the housing market has cooled off a bit, so I am also planning to get a secured credit card to help me rebuild my credit score in the meantime. I make $6...

A survey of 32 countries says financial literacy is low across the board, and many people are vulnerable to a financial shock

Dear Dave, I’m going to sell a rental property I own, and the sale should bring me about $388,000. Should I take the proceeds from the sale and use it to pay off my home and other debt or use the money to buy another, similar rental property where I ...

March 2023 is women’s history month in the United States. We don’t have a similar celebration in Bermuda; so instead, we’ll have a brief look at women and finances along with some observation patterns from my former professional financial practice in...

Dear Dave, I’ve having some problems with my parents, and I’m hoping you can help. Last summer I borrowed $2,500 from them, and it is taking me longer to pay them back than we agreed. Since the pay-back date passed, they have made several comments ab...

Central banks raise interest rates to curb inflation, but for many families that means a double dose of economic pain

A young man’s problem sounds as much like a mismanagement of money as it is a lack of money

Martha Harris Myron discusses the importance of financial literacy and her latest efforts to promote it in Bermuda

Dear Dave, I have an uncle who wants to gift some property to one of his sons, myself and my sister. The property is about 2.5 acres. My wife and I are trying to pay off debt in Baby Step 2 of your plan, and we’re not sure how we feel about the situa...

Bermuda’s cost of living is a struggle for many families, as feedback from Moneywise readers shows

Dear Dave, I’m an anaesthesiologist, and I make between $260,000 and $270,000 a year. My wife is a stay-at-home mom who takes care of our preschool-age kids. We have about $50,000 in a retirement fund, $50,000 in consumer debt, $220,000 in student lo...