Life can throw you curveballs, bringing unexpected events and expenses. That’s why building financial resilience in your life can be so powerful — and it starts with learning to have a basic sense of how your finances work and what you can do to make them work better for you. If you’re feeling a bit […]
Sometimes, the need to borrow money can arise unexpectedly, like when your car breaks down and you need to take out a personal loan to cover the cost of getting it fixed. Other times, it’s easier to anticipate when you might need a loan, such as if you’ve been saving to buy a home and know you’ll […]
Threats to the U.S. economy have dramatically increased throughout the first four months of 2022, leaving many investors wondering how to best protect their portfolios. From the war in Ukraine and rising interest rates to sky-high inflation and falling economic growth, warning signs of a potential economic downturn are plentiful—to say the least—and both Wall Street and main street have taken note. Billionaire investors […]
Unless you plan to go through life paying for everything with cash or crypto, you need to fix your bad credit. Poor credit, and the low credit score that comes with it, lowers your ability to open a new credit card or to get a loan. If you do get a mortgage or car loan […]
Your credit score says a lot about you. If that number is strong, it sends the message that you’re a relatively low-risk borrower. Because of that, you may be more likely to get approved to borrow money, whether in the form of an auto loan, personal loan, or mortgage. If your credit score is poor, it […]
Despite the pandemic, most Americans still feel optimistic about a comfortable retirement, but inflation is the top concern among those who aren’t as prepared. That’s according to the Employee Benefit Research Institute and Greenwald Research 32nd annual Retirement Confidence Survey polling 2,677 workers and retirees in January. “Even with the concerns of the pandemic and […]
SALT LAKE CITY — It may be the worst kept secret in America — many of us are falling short on retirement savings. A recent study from Bankrate found nearly 36% of us have never had any sort of a retirement account — period. And of those who do, 52% say they’re behind where they […]
Debt settlement lets an overburdened borrower pay off a loan in a lump sum that can be substantially smaller than what’s owed. It’s a tactic that can clear away a dark cloud hanging over your finances. But beware that a new source of gloom might start to hover, because debt settlement can be bad for […]
If you’re ready to make some moves with your old 401(k), a Roth IRA conversion may be an option for you. This will give you a chance to turn your employer-sponsored retirement plan into a tax-free income machine. But as attractive as this may sound, you need to know what you’re signing up for so […]
One area that has not experienced the cryptocurrency trend is the 401k. That could soon change, with the announcement by Fidelity this week that it would let 401k operators opt-in to allow their employees to invest in bitcoin through a retirement plan. It marks the first time that a major brokerage house has signaled that […]
Americans are joining the Great Resignation with enthusiasm, quitting their jobs in search of better pay and more satisfying work. Many are opting for self-employment. According to Bureau of Labor Statistics (BLS) data, more than 10 million Americans have described themselves as self-employed in 2022, the highest number in 13 years. There’s an undeniable appeal […]
High school students in Georgia will soon have guaranteed access to a personal finance course before they graduate. On Thursday, Republican Gov. Brian Kemp signed into law SB 220, a bill requiring personal finance classes for high school students. Starting in the 2024-2025 school year, all 11th- and 12th-grade students will need to take at […]
