American students and their parents continue to take out student loans to pay for their undergraduate and graduate degrees. People who are attending college are paying for tuition, room and board, books, and other necessities by taking out student loans or using credit cards. The Federal Reserve said in a report that over half of … Read more
You have big dreams for the future. Maybe it’s buying a home with a drool-worthy, airy kitchen. Maybe it’s an early retirement so you can jet off with your S.O. and see the world. Regardless of the future you imagine for yourself, you probably know that you should be saving but might be wondering if … Read more
Parents expect that their children will head off to college with concerns about fitting in, finding friends, and not failing classes. What they may not think about, is the stress students may have from worrying about their own finances, probably for the first time. Many studies show that money is top of mind for most … Read more
The stock market throws a lot of numbers at investors all day, every day. People can watch various indexes lose or gain points throughout a single afternoon. News headlines may print that the stock market is plummeting one day, then surging the next day. When investors check their 401(k) or IRA, they may see they’ve … Read more
It’s Prime Day on Amazon (AMZN), the unofficial kickoff to the holiday shopping season. With the ongoing pandemic causing many people to continue shopping from home, retailers are on the lookout for creative ways to highlight their products. A new tool in marketers’ pockets may soon be YouTube (GOOGL). The vision: imagine YouTube as a … Read more
No one likes to think about what would happen if they were to pass away. But people who have family members and loved ones who depend on their income, it’s an important thing to consider. Although it’s not the only way to protect dependents, life insurance can be an important part of ensuring a family’s … Read more
Cell phones are an essential part of our everyday lives, but their monthly cost can sometimes be too much to handle. As with many other expenses, your cell phone bill can build over time without you realizing it, and you could end up overpaying on it each month. If you’re wondering how to lower your … Read more
When the unpredictable happens, such as sudden job loss, it’s easy to feel panicked and unsure about next steps. You might be at a loss about what to do you’re laid off, and this can be overwhelming. In times like these, it’s important to know you are not alone. Unemployment has risen dramatically in the past … Read more
aren’t spared from the effects. While many schools have sent students to live off campus or back home to their families, this doesn’t seem to have eased expenses for everyone. Likewise, job losses are adding to many students’ hardships. Student Loan Hero surveyed more than 1,000 college and university students to learn about how the … Read more
Credit cards are a great way to spend your money, if you have the cash to back it up. In fact, many of experts advise using credit cards for day-to-day purchases because of their rewards. That’s because credit cards have better safeguards against theft. For example, if someone gets your credit card number, your liability … Read more
Unless you’ve been living under a rock (which is probably a great place to be right now), you know that the current pandemic is causing unprecedented economic, and human, losses. The U.S. government has been hard at work to try to protect the most vulnerable workers – those in the service industry, travel, or lower … Read more
The coronavirus (COVID-19) is a global pandemic, and its effects can be felt throughout all aspects of life. The empty office spaces, barren grocery store shelves and lonely remote workers tell a new story that hasn’t been told before. In this time of uncertainty, Americans are feeling less confident in their finances. Nearly two-thirds (63%) … Read more
More money, more problems. Until you have that problem, though, it’s best to stick to these five simple rules to help you master money the way Biggie mastered rap. If you stick to these rules, you’ll be well on your way to making money moves in no time. Image Credit: iStock/AntonioGuillem. 1. Spend less than you earn. … Read more
Times have changed since baby boomers were young. Despite this, the money lessons they learned throughout the years still apply. Many xennials, on the cusp of Generation X and millennials, could improve their finances if they listened to the wisdom of baby boomers. Here are several of the most noteworthy money lessons xennials can learn from … Read more
When the Great Recession hit, it hit hard. Americans experienced job loss, foreclosures, a sharp rise in student loan defaults and high consumer debt. The recession also taught us plenty of important lessons. We asked 8 personal finance experts on their main financial takeaways on the past decade. Here’s what they had to say: Image Credit: Nattakorn … Read more