Every year someone asks me how much they can actually contribute to their 401(k). There seems to be a ton of confusion. Some 401(k) participants seem to think it’s a percentage. They are confused by the match percentage. Somehow they have confused that’s the max that they should contribute. Not true, that’s the max contribution …
While “Mo Money Mo Problems” may be the anthem for famed rap stars, hotel heiresses and other multi-millionaires, the rest of America could use a little extra just to meet monthly expenses. These suggestions can help you manage your money and stay on top of your rent and bills: Create a Budget Whether you’re in …
Here’s some good news. Fidelity Investments recently reported that the number of 401(k) millionaires on their books has doubled over the past two years. Specifically, they went from 34,920 accounts with million-dollar balances to, as of the end of 2014, 72,379 accounts with seven-figure balances. That’s wonderful for those folks. The bad news is that …
The ball drop on NYE 2014 didn’t just mark the end of last year; it also marked the start to a new year with a resurgence of millennial first-time home buyers on the hunt for real estate. According to a CNN Money article, “With rents risking faster than incomes, many millennials are expected to start …
Valentine’s Day is coming up, but we know you don’t want to put a ring on your student loans. Even if you can’t love them, here are six good reasons to value your loans. A college degree is still good value. A recent study by the Federal Reserve Bank of New York affirms what we …
Grace Brentano is student at Westminster School and a UChic.com Brand Ambassador and Blogger. Let’s face it — college is expensive. Books, classes and those extracurricular activities that are so important to your future all cost money. Today, scholarships are necessary for students so they can get the most out of college experience. But not …