Warren Buffett recently hosted the annual meeting for Berkshire Hathaway. In it we learned there was one personal finance thing that Warren Buffett would do first with some money. I think that Warren Buffett is one of the best investors in the world. But he also has a lot of very good personal finance tips, […]
Category: Personal Finance
Home schooling your kids? Add personal finance to the curriculum
Lots of parents are home schooling their kids during the coronavirus pandemic. And experts say adding personal finance to the curriculum is a great idea. They have some suggestions on how to get going, too: Have your kids start a business. For instance, help them make jewelry or slime and then, together, set up an […]
Here’s a 401(k) fix for your retirement fund concerns during a struggling stock market
Whoever said “don’t look at your retirement account when the market drops” clearly wasn’t considering the stock market crash in March. Between that, and the economic downturn that followed, millions of 401(k) accounts took a real beating. The question now is- what’s the best way to recover? Many retirement savers are still reeling over the […]
What is a good reason for a personal loan?
Unsecured personal loans can pay for almost anything. Their flexibility makes them easy to turn to when you want to consolidate your debts or put in that kitchen island. But first assessing all your financing options can save you money. As the economy shifts, so will the way a personal loan fits into your plans. […]
Home schooling your kids? Add personal finance to the curriculum
Lots of parents are home schooling their kids during the coronavirus pandemic. And experts say adding personal finance to the curriculum is a great idea. They have some suggestions on how to get going, too: Have your kids start a business. For instance, help them make jewelry or slime and then, together, set up an […]
Low-Cost Ideas for Celebrating Mom This Year
FOR MANY FAMILIES, Mother’s Day will look different this year. Due to the coronavirus pandemic, families can’t demonstrate their love for Mom or Grandma with the classic Mother’s Day brunch or family get-together. Instead, social distancing guidelines may force families to be creative when celebrating the mothers, grandmothers and maternal figures in their lives. Fortunately, […]
When Can You Afford to Retire?
Would you like to retire at your minimum retirement age (55-57, depending on your year of birth) under the Federal Employees Retirement System? That decision will depend not just on your age, but whether or not you can afford to leave the working world behind. The three parts of FERS retirement—an annuity (including a supplement for some of those […]
1.6% of Americans have a perfect 850 credit score, but here’s the only one that matters, according to experts
Only about 1.6% of the U.S. population with a credit score has a perfect 850, according to FICO’s most recent statistics. But it might not matter as much as you may think. According to some experts CNBC Select spoke to, a perfect credit score is not necessary to qualify for the best credit cards, loans and interest rates. […]
A new bill would forgive the student debt of health-care workers fighting coronavirus
Doctors, nurses and first responders on the front lines of the coronavirus pandemic are being called “heroes.” But some worry that giving essential workers this title without providing them with necessary support “sets them up to be sacrificed” and taken advantage of. Now, legislators across the country are proposing unique ways to repay those on […]
Can’t see your doctor in person? Take advantage of your telemedicine options
Taking care of your physical and mental health shouldn’t stop being a priority just because you can’t easily go to a doctor’s office right now. Today, familiarize yourself with the telemedicine options available to you. You can typically use telemedicine for anything from diagnosing a physical ailment like strep throat to speaking to a mental […]
25-year-old who owns 5 properties shares the 2 personal finance books that helped him earn $230,000 last year
Chicago-based millennial Alex Sanchez earned more than $230,000 last year. The bulk of his income came from his day job: He works about 60 hours a week as an overhead lineman for an electrical utilities company. Between his $120,000 base salary, $10,000 annual bonus and overtime pay, he makes more than $200,000. The 25-year-old also brings […]
Your Essential Guide To Staying Safe, Saving Money, And Social Distancing On The Road This Summer
Memorial Day is less than three weeks away, which means summer travel season is here. But with major airlines grounded, 90% of routes cancelled, the cruise industry hemorrhaging, and travel to Europe still banned, the pickings are slim. On the upside, however, gas is cheap, crowds are down, traffic’s light, and hotel deals abound. With […]