There’s plenty of useful information about retirement to be had online and from financial pundits. The problem: As these outlets are meant to reach a broad audience, they may not always apply to your specific financial situation. Retirement planning is a perfect example. There are plenty of top 10 lists or suggestions on things you […]
Cosigning on a credit card with someone is a bit like parachuting with them out of an airplane. If it goes well, you’ll both land on your feet with a boost to both your credit scores. But it’s also risky — if one person derails the agreement by making late payments or running up a big balance, it could […]
Want to get on better financial footing in 2022? Just follow five simple steps, according to one money expert. Personal financial expert Jean Chatzky recently spoke with Yahoo Finance Live (video above) on how you can improve your finances this year. Step 1: Embrace your current financial situation That starts with asking three main questions […]
Gen Z is a generation intensely focused on setting themselves up for financial success. Nearly nine in 10 (87%) of teens consider saving money to be a priority, according to a study conducted by Step. And three in four teens responding to the survey have already set financial goals for 2022. How are teens going […]
There’s a reason 62 is a popular age for people to leave the workforce for good. Age 62 is the earliest age to sign up for Social Security. And it also happens to be the most popular age to claim benefits. It’s easy to see why retiring at 62 sounds appealing. At that age, you […]
Although they may seem similar at first glance, your 401(k) is very different from a traditional savings account. Between rules dictating how much money can be contributed to the plan and the differences between a Roth and a traditional retirement plan account, understanding your 401(k) plan can understandably be confusing at times. Below is a […]
Gas prices across the country remain high — and are about to get higher, it seems. Saving money at the pump doesn’t just mean knowing where to fill up – it also helps to know when to fill up. In general, gas prices tend to be lowest at the beginning of the week, on Monday […]
Inflation and an unrelenting global pandemic set the stage for a bear market in 2022. And a stock market pullback could slash the value of your retirement account and keep you in the workforce longer than planned. On the flip side, you could have said the conditions were ripe for a bear market in 2021 […]
Many people embrace their first few weeks of retirement by living it up and doing the things they couldn’t do while bound to a work schedule. That may include taking a big trip, spending extra time with loved ones, or even just kicking back and relaxing. If you’re brand-new to retirement, you may be thinking […]
Millions of Social Security recipients will see bigger checks starting this month, the result of the largest increase in benefits since the 1980s. A new Cost-of-Living Adjustment is increasing payments by 5.9%, about $93 more per month — or $1,116 more annually — for seniors and other beneficiaries. That adjustment will raise most checks to […]
2022 is shaping up to be the year of the raise. Credible.com personal finance expert Dan Roccato said he believes workers have the “upper hand” when asking for a raise this year, on “Mornings with Maria” Wednesday. “Maybe some of us haven’t looked for a job in a while, so now might be a great […]
Credit scores are three-digit numbers that measure how responsible you are when it comes to managing money and repaying debt. These scores are generated by the information that’s contained in your credit report, so it follows that to have a credit score, you must first have a credit history. Can you improve your credit score […]
