Today Sarah Michelle Gellar is an actress, co-founder of organic-baking mix company Foodstirs, wife to Freddie Prinze Jr. and mom to two young kids. But In the 1990s, Gellar was a teen icon. Even then though, she was refreshingly responsible with her finances. Gellar, 41, has been acting since she was a kid — from […]
TRUST FUNDS ARE OFTEN associated with well-heeled individuals and affluent families looking to pass on their wealth to future heirs. But the reality is there are a variety of advantageous reasons to set up a trust, even if you aren’t especially rich. Still, establishing up a trust fund isn’t easy. Before you go through the […]
The typical American retires in their early 60s. Justin McCurry, a father of three based in Raleigh, North Carolina, quit his engineering job in 2013 and retired at age 33. His wife, Kaisorn, joined him in early retirement in 2016 at age 38. “Neither of us ever reached a six figure salary, with my salary […]
It’s not supposed to be this way. Almost 10 years into the economic expansion, many Americans still face significant personal financial pressures. Though there have been signs of progress, benefits from the economic rebound have been uneven and not widely shared. Some observations: Wellness gains visibility Americans are having trouble saving money on their own, […]
Most people, if asked, would say they would prefer being rich to struggling financially. But, how many people actually think they’ll be wealthy in their lifetime? And what are they doing to make that belief a reality? To find out, GOBankingRates asked more than 500 Americans various questions about what it means to be “rich” […]
The startup environment is one of the most sought after work cultures today. With more and more people taking a different approach to building their careers and breaking the mold from previous “nine to five” generations, startup employees are often chasing their passions and looking to change the world. Yet, the reward of this risk […]
You’re making a major purchase at a department store or big box retailer. You’re offered savings and promotions if you sign up for a store credit card on the spot. Why wouldn’t you take advantage of the offer? A store credit card might be an excellent option for you – or it may be a […]
Finding the right tax preparer is sort of like dating — you need to find the right match — but with the added stress that picking the wrong person could end up costing you a lot of money (which, actually, is also like dating, but that’s a topic for a different time). Everyone will have […]
Millions of workers have access to 401(k) plans at work. But often, smaller businesses don’t have the capacity to have a plan that’s as complex as a 401(k). For them, SEP IRAs can be a great choice that offers many of the same benefits without all the administrative hassle that a 401(k) plan entails. Every […]
You’ve accumulated a decent amount of equity in your home. Why not put your equity to use with a home equity loan or a home equity line of credit (HELOC)? Both allow you to borrow against the equity in your home. A home equity loan is a lump sum option with a fixed interest rate […]
You’re never too old to learn new things – including better money management practices. The Federal Deposit Insurance Corporation (FDIC) agrees. To address financial literacy concerns, the FDIC created the Money Smart teaching program in 2001 to help educators and financial institutions increase consumer understanding of basic financial systems work and how to use them […]
The labor market has become very tight and competition for available workers has pushed wages higher while giving workers — especially those in retail and other seasonally high demand positions — leverage. Major companies are offering potential seasonal workers added discounts, bonuses, and other perks to get them to sign on. This has created a […]
