If you’re lying awake at night because of money stress, you’re not alone. Forty-four percent of U.S. adults say money is the most significant source of stress in their lives, according to a 2018 study on money and emotions by Northwestern Mutual. Rising health care costs and the risk of unplanned expenses are the highest anxiety […]
Most people would like to be saving more money. Whether it’s to pad an emergency savings account, to eventually buy a house or to some day be able to take that dream vacation to Europe, it’s the general consensus that the more you can save, the better. If saving equals good stuff, then why is it so hard for […]
A new survey found that 23% of Americans don’t save any money from their paycheck. Here’s what you need to know. 2019 Savings Survey As part of its 2019 Savings Survey, First National Bank of Omaha examined Americans’ habits, behaviors and priorities when it comes to saving, monthly spending and retirement planning. First, the good news. […]
Myth 1: Travel rewards credit cards have high annual fees. Some travel rewards cards have no annual fee. Many charge in the neighborhood of $95 a year. Usually that fee can be offset by using the cards’ perks: free checked bags for airline-branded cards, for example, or a free night’s stay every year for hotel-branded cards. […]
Want to be wealthy? You’ll need to invest, says Erin Lowry, the personal finance expert behind Broke Millennial and author of “Broke Millennial Takes on Investing: A Beginner’s Guide to Leveling Up Your Money”. Millennials are in a good position to invest, because they can tap into investing’s biggest asset — time. “Time enables you to weather the […]
Retirement is expensive, and many Americans worry about running out of savings. You can minimize this risk with careful planning, but it’s impossible to know precisely how much money you will need. If you find this daunting, I have good news. You may not need quite as much money as you think. Here are three […]
Though your Social Security benefits are calculated based on your highest-paid 35 working years, the age at which you choose to file for them will determine the amount of money you ultimately collect each month in retirement. Seniors who accumulate enough credits during their working years can file for Social Security as early as age […]
It’s no secret that Americans have some pretty sloppy financial tendencies. But a new roundup from the American Institute of CPAs (AICPA) sheds some pretty telling light on just how badly we’re doing on the whole. Here are six troublesome personal finance trends that should inspire you to rethink your money-related habits. 1. U.S. credit card debt […]
Do you have a favorite financial guru? Are you a Dave Ramsey devotee or a Suze Orman enthusiast? Are you more likely to recommend Your Money or Your Life or The Millionaire Next Door? Yesterday, Money.com published a longread on the Dave Ramsey method, asking whether his advice holds up: It all revolves around what […]
Step aside, Florida. New Mexico is the new top retirement destination. Those were the findings from a survey by United Van Lines. The relocation company polled 26,998 of its customers who moved last year, through Nov. 30, 2018. Among those who moved to New Mexico, 42% said they did so because of retirement, making the […]
Whether you’re a business owners or an individual, managing your money is a very important task. You need resources and insights from experts to make the most of your finances. And that’s exactly the type of resource that Money Crashers aims to provide. What the Business Does Offers an online media outlet centered around personal […]
Some rich, urban-dwelling millennials are swapping out starter homes for vacation homes: They’re renting in cities and buying country houses because they can’t afford to buy in their city’s expensive real estate market, according to Farran Powell of The Street. That’s certainly not the only reason why people are buying vacation homes, and millennials aren’t […]
