Your credit score is a number between 300 and 850 that tells creditors your risk of not paying back a credit card or other loan. Think of it kind of like your high school GPA, but instead of helping you get into college it helps you get the best credit cards and interest rates. If you’re trying […]
When it comes to money, as with many things, men and women approach the topic differently. Though traditional gender roles are changing, many opposite-sex couples still adhere to them, with men generally taking the lead on finances and women taking a less active role. That’s according to a recent study from UBS Global Wealth Management, […]
If you’re struggling to save for retirement, you’re in good company. One in five Americans has nothing at all saved for retirement, according to a survey from Northwestern Mutual, and 55% of Americans say they plan to work past age 65 because they won’t have enough saved to retire. Preparing for retirement may seem like […]
It doesn’t take much time on the internet to see that financial tips are a dime a dozen. Everyone’s got advice on how you can make more and spend less. Some of these tips can be useful, but there are also quite a few ideas that are just plain bad. After scouring the web, here’s […]
Benjamin Franklin famously said that nothing is certain but death and taxes. To that, he could have added Social Security scams. Fraudsters have long been calling Social Security benefit recipients and telling them their Social Security number is being suspended for criminal or fraudulent activity — and that the government is taking action against them. […]
MILLIONS OF AMERICANS either have or are eligible for health savings accounts, but many fail to understand their benefits. Only a quarter of workers say funding their account is a financial priority, according to the 2018 Health Accounts Employee Attitudes Survey from Willis Towers Watson, a global advisory and solutions firm. By not contributing to […]
You know you need to protect your accounts and personal information – but what is the best method? Should you use a credit monitoring service or subscribe to identity theft protection instead? What’s the difference between the two methods? Credit monitoring services do exactly what they say they do – monitor activity on your accounts […]
Today’s retirees Opens a New Window. are living longer, enjoying a more active lifestyle, making friends in different social circles, learning new things, pursuing passions, tapping more options to stay “engaged,” and more, says Christine Russell, senior manager of retirement and annuities at TD Ameritrade. “Our surveys show they have a positive outlook overall on […]
U.S. consumer spending rebounded less than expected in January and incomes rose modestly in February, suggesting the economy was fast losing momentum after growth slowed in the fourth quarter. The Commerce Department said on Friday consumer spending, which accounts for more than two-thirds of U.S. economic activity, edged up 0.1 percent as households cut back […]
A new study has a whole different take on what debt relief means. Getting rid of debt doesn’t just unburden finances, it takes a weight off the mind that clears up cognitive functioning, lessens anxiety and improves impulse control. The findings come from researchers at the National University of Singapore’s Social Service Research Centre, who […]
If you lose your job, face a loss in income, or wind up with a huge bill you didn’t expect, having an emergency fund can help you. In the leanest financial times, having some money set aside could even help you avoid racking up credit-card debt or sidestep foreclosure. But where should you keep your […]
Gov. Phil Murphy on Thursday will sign a bill into law creating an entirely new retirement savings plan for private-sector workers in New Jersey who aren’t able to save through an employer-sponsored 401(k). The Secure Choice Retirement Plan aims at boosting New Jerseyans’ retirement nest eggs by automatically enrolling workers in an IRA that is […]
