Single, financially savvy, unattached and with plenty of money to spare. It sounds like an enviable position, but according to a recent Reddit thread, it can actually pose some challenges in the dating world. A writer on Reddit by the name of “minimalistmillennial,” who described herself as a 24-year-old woman with a $50,000 net worth, […]
If you’re a Florida resident looking for cheap car insurance, the odds might already be against you. According to personal finance website WalletHub, Florida came in as the second-most expensive state for car insurance, out of 47 states ranked. The website compiled the ranking by collecting quotes from major auto insurers in at least six […]
On Sept. 28, 2018, President Donald Trump signed into law a bill allowing people with cancer to put their student loan payments on hold. The rollout of the new program has been rocky. The Education Department, in a notice in the Federal Register, writes: “The law was immediately effective, meaning that borrowers can immediately request […]
College is overrated. Well, at least sometimes. New data from millions of users and job listings from career networking site LinkedIn shows that many top companies including Google GOOG, -0.27% AAPL, +1.57% Airbnb, Facebook FB, -0.45% Oracle ORCL, -0.39% and others all have high-paying, in-demand jobs where a four-year degree isn’t required. “The four-year degree […]
Maybe the skies are getting a little friendlier. Last year, major airlines in America received the best score ever in the 29-year history of an annual study that tracks consumer complaints, on-time performance and mishaps like mishandled baggage and passengers getting bumped off oversold flights. The Airline Quality Rating awarded its best overall score ever […]
As many Americans know, a credit score Opens a New Window. can meaningfully impact the ability to carry out many important financial transactions Opens a New Window. , like buying a house or taking out a loan. That can seem daunting for some looking to build up their relationship with a financial institution, but who […]
Most people don’t know you can call your credit-card issuer to ask for a reduced annual percentage rate (APR). Eight in 10 credit-card holders who asked for a lower interest rate in the past year were successful, according to a new survey from CompareCards.com. The average reduction was 6 percentage points. Credit-card companies may also be lenient when it […]
Social Security serves as a major income source for millions of retired seniors, and unless you’ve really saved a bundle, chances are you’ll end up relying on those benefits in retirement as well. Now you’ll often hear that it’s best to avoid filing for Social Security early, because doing so winds up reducing your benefits. […]
You know you need to save for retirement and you know how you need to do it. But what happens when you get to your retirement years? Do you know how to turn your life savings into a steady, tax-efficient stream of income? For many individuals, the answer is no. And you’re not alone. Most […]
No retirement plan is complete without allowing for healthcare. We all hope to remain healthy in our old age, but you can’t be sure. And a single unplanned medical expense could cost thousands of dollars, forcing you to drain your retirement savings faster than anticipated. Medicare is an integral part of most retirees’ healthcare plans, […]
You may have a retirement date in mind, but your savings will determine whether or not that’s actually feasible. You don’t want to risk outlasting your money, so it’s crucial that you take steps now to keep your retirement plan from going off the rails. There are several ways to approach this. One of the […]
In some respects, self-employed workers have a sweet deal. They can work when and where they want, doing what they love. But when it comes to saving for retirement, these workers struggle more than those with a 9-to-5 job. Just 56% of independent workers said they were actively saving for retirement, compared to 72% of […]
