Most people dream of building a six-figure nest egg, but what happens when you've saved aggressively, invested well, and still feel like you might be doing something wrong? That was the question one 28-year-old woman brought to the Financial Planning subreddit, where commenters united to tell her exactly why so much cash in checking might be a problem. "I saw a post yesterday on Reddit that had people shocked at the idea of someone keeping $50,000+ in their checking account," she wrote. "Is this actual ...

The Federal Open Market Committee (FOMC) is meeting once again this week to assess the health of the economy and potentially adjust the federal funds rate. Read on to learn more about the timeline for this meeting, what it involves, and expected outcomes. When is the next Fed meeting? The next FOMC meeting is set to take place on September 16-17, 2025. This will be its sixth scheduled meeting this year; the Fed has two more meetings on the schedule for the remainder of 2025. Once the meeting concludes, ...