Investing can be a daunting prospect, whether you’re first starting out or have been doing it for years. The truth is that there’s a lot of misinformation out there about investing, but if you manage to steer clear of it, you’ll have an easier time putting your money to work for you. With that in mind, here […]
Technology has inspired new ways for investors to manage their finances — often with added convenience and efficiency. Yet anything new comes with a degree of risk. Here is an introduction to four new money trends, including what each one is designed to do and some considerations before you decide whether to incorporate them into […]
What’s your net worth? Even if you don’t fly on private jets or play polo, this simple equation is an important tool that says a lot about your financial health. Still, most people don’t bother to calculate it. That’s a mistake. “It’s the first snapshot into an overall look at your finances,” said Michael LaRiviere, […]
Social Security is a government-created program designed to provide a source of continuous income to retirees, but what most people don’t know is that if you earn more than a certain amount, the government will take some of that money back in the form of a benefit tax. This means retirees need to be strategic about […]
Sometimes, we need to be willing to make major changes to further our careers, and that includes uprooting our lives when the right opportunity arises. In fact, 62% of workers are willing to relocate for a good job, according to a new survey by staffing firm Robert Half. Not surprisingly, workers aged 18 to 34 […]
Anyone with a child knows just how expensive a college education can be. Unfortunately, tuition, fees, and other costs are so high that millions of students have to borrow extensively in order to pay for college, and the result can be years of financial struggle just to claw their way out of debt. That’s what […]
For better or worse, Social Security is our nation’s most important social program. Each month, close to 63 million people receive a benefit check, nearly 70% of whom are retired workers. More than 3 out of 5 of these retired workers lean on their monthly payout for at least half of their income. And this […]
Americans are certainly familiar with the concept of financial debt, but apparently, they’re racking up sleep debt as well. An estimated 62% of women and 52% of men feel they need more sleep, according to a study by Mattress Inquirer, and if they don’t change their habits, they’ll risk damaging their health as well as […]
Cheers, friends! It’s a new year. Time to set some well-intentioned — but typically doomed — resolutions. Lose 20 pounds. Read 50 books. Save $5,000. Those big resolutions are sexy. They sound impressive when you tell friends. They’re also unlikely to last past Groundhog Day. This year, ditch the lofty goals and focus on simple […]
Scott Rieckens and his wife Taylor were living what many people might consider a dream life: renting a house across the bay from San Diego, working hard but also playing hard, whether regularly hitting up hot new restaurants, joining the local boat club or enjoying flashy weekend trips. After their daughter Jovie was born in […]
That $1 million in your 401(k) account looks mighty good. It’s more than you’ve ever had in your life, and that money will fund your retirement. But it’s not quite yours. Your retirement account is tax-deferred, not tax-free. And Uncle Sam hasn’t been paid yet. “Some people have this notion that when they retire, they don’t have […]
Life has a way of throwing unpleasant financial surprises at us when we least expect it. You could wake up one day and find that your car won’t start, or arrive at work only to be told that you no longer have a job. That’s why we all need money in the bank — to […]
