Just when you think you have it all figured out, life throws you a curve ball. Recently, Sarah Wilson, who lives in College Station, Texas, and blogs at GoBudgetGirl.com, hit the emergency trifecta: a computer repair, an unexpected $500 medical expense and the all-too-common pricey car repairs. Recalling the time when she still had debt […]
As Labor Day nears, it’s inevitable that the lengthy list of school supplies your child needs for the first day will creep up on you — and back-to-school shopping can easily become one of the highest yearly expenses for some parents. Fortunately, Inside Edition recruited Miko Love — the Budget Mom — to break down […]
This isn’t your mother’s or grandmother’s retirement. If you’re a woman in your 50s, the chances are greater than ever that you’re not married, either because you’re divorced or because you’ve never walked down the aisle, according to a recent study from the Center for Retirement Research at Boston College. The research took a look […]
You think you are facing a retirement finance crisis? Consider the millennial generation, those born between 1981 and 1996. Starting this year they became the largest living generation in the U.S. Compared with their dismal retirement finance prospects, those currently in or close to retirement would seem to be living on Easy Street. At least […]
Debt panellist 1: Philip King, head of retail banking at Abu Dhabi Islamic Bank You have done well in closing your previous cards by securing a personal loan. Cards usually carry substantial financing rates that can become a burden to the borrower if the balance is not cleared each month. Your high debt burden ratio […]
A few years ago, in one of my bolder proposals, I suggested that we eat the rich and take all their money. It was a surprisingly popular idea, immediately accepted by the vast majority of people who don’t consider themselves rich. The rich were surprisingly silent about the notion, perhaps because they were busy thinking […]
With healthcare growing more expensive by the minute, many working Americans and retirees alike are grappling with costly medical bills. If that sounds like you, then it pays to learn more about health savings accounts, or HSAs. These accounts let you save and invest money that can be used to pay for qualified medical expenses, […]
Here is what matters if you’ve made it and want to keep it. Do the financial markets have your attention? I assume so. After all, Wednesday’s 800-point drop in the Dow was the worst day in the U.S. stock market this year. And while many investors missed it, the December 2018 plunge in stock prices […]
Seniors will make a lot of important decisions, but few, if any, have as much bearing as deciding when to begin taking their Social Security retirement benefit. Every month, over 63 million people receive a benefit from the most successful social program in our nation’s history — and 70% of those recipients (and climbing) are […]
It’s reasonable to worry about retirement. After all, you’ll probably be living with less income than you enjoy today, and you can’t know how much certain future expenses will cost you. Health care, for example, takes hundreds of thousands of dollars out of many retirees’ pockets over the course of their lives. Fortunately, there are […]
Homeowners have been installing solar panels at a record pace, taking advantage of falling prices and a tax credit, which is slated to be phased out by 2022. Like computer chips, solar panels are getting more powerful, more efficient and cheaper every year, said Vikram Aggarwal, CEO of EnergySage.com, a consumer resource with loads of […]
It’s no secret that college costs a lot of money, but saving for that milestone in advance can help families avoid taking on unhealthy levels of student debt. Thankfully, 44% of parents have started to save for a college education before their child’s 11th birthday, according to a new Citizens Bank survey. The problem? Another 38% haven’t […]
