With college getting more and more expensive by the year, many students have no choice but to take out loans to finance their education. But while it’s one thing for a young adult to take on some debt to fund a degree, it’s another thing for parents to rack up debt on behalf of their […]
Despite a healthy economy and growing labor force, 3 out of every 10 American workers who have taken on a side hustle say they need that second job to simply make ends meet. That’s according to Bankrate.com’s latest Side Hustle Survey of 2,550 full-time and part-time working adults conducted online in early May. “Though the […]
Cryptocurrencies are out and cannabis stocks are in, according to the latest investing trends survey by the Financial Planning Association. The 392 financial advisors who participated in this year’s study, the 2019 Trends in Investing Survey, said that 55% of their clients have asked about investing in marijuana stocks and companies in the past six […]
Is the way to a consumer’s wallet through his stomach? American Express AXP, +1.11% is betting that the answer is yes. Beginning this week, American Express will reward Gold Card holders with 4X points on purchases made at restaurants worldwide. Previously, the credit-card company only rewarded customers for spending money at restaurants in the U.S. […]
How you use a personal loan is limited only by your imagination, but one of the smartest ways to use them is to pay off credit card debt for good. Rolling your credit card debt into a low-interest personal loan can reduce your monthly payments, help you pay off your debt faster, and save you […]
From budgeting Opens a New Window. to planning for retirement Opens a New Window. , managing finances can be overwhelming for most people. April Lewis-Parks, director of education at Consolidated Credit Opens a New Window. says thirty days is the optimal amount of time needed to get your money matters Opens a New Window. in […]
A finance major will study areas such as investments, corporate financing issues, financial institutions and a variety of related topics. Depending on your university’s curriculum, your studies will likely have a level of overlap into areas like accounting and economics. In short you will gain insights into how money works. As someone who holds an […]
Here’s a serious question: How long will it be before you have net investment income? Five years, the length of a typical car loan? Thirty years, the length of a home mortgage? The rest of your life, the effective length of most credit card debt? The broad answer to that question is grim. Few people […]
The Securities and Exchange Commission on Wednesday adopted a new regulation that calls for brokers to act in the best interest of their clients when making investment recommendations. In a 3-to-1 vote, commissioners approved the Regulation Best Interest, along with other regulatory actions intended to enhance disclosures and clarify certain advisors’ existing responsibility to put […]
There’s a growing movement to educate students before they head to college on matters of personal finance. Some students have an ACT score that will secure admission to almost any college they choose, yet they may not know how to make change or even write a check. Not knowing the basics of personal finance can […]
Hurricane season is here, and now is the time to get your finances up-to-date and prepared in the event of a disaster occurring in the area. The Federal Trade Commission has the following tips to make sure you’re financially ready: First, perform a household inventory of your possessions and take pictures and/or video of them, […]
Most people would love to compare paychecks, if only it were more socially acceptable. To pull the curtain back on who is making what and where, personal finance site GoBankingRates determined the average income in every state and the District of Columbia based on data from the U.S. Census Bureau’s 2017 American Community Survey. The […]
