To save enough for a secure retirement, you typically need to put away around 15% to 20% of your income. Chances are good you aren’t doing that right now. In fact, it may seem impossible to save that much — especially if you’re one of the millions of Americans living paycheck to paycheck. While it […]
Historically, your financial adviser’s job is to help you reach your financial goals. You want to retire, travel, or buy that vacation home? Set your goal and we will tell you how to get there. This approach has left many people unprepared for the realities of a traditional retirement and feeling unfulfilled and unhappy. The […]
Ten years ago, I was a full-time teacher who loved what he was doing — but I was slowly burning out. The hours at my particular school were demanding, and my wife and I barely saw each other. We needed to make a change. That led to a life-altering decision: Quit our jobs and move […]
Today Sarah Michelle Gellar is an actress, co-founder of organic-baking kit 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 […]
Self-made millionaire and co-founder of AE Wealth Management David Bach wants young people to buy homes. “I don’t want you to wait. I want you to be thinking about buying real estate sooner versus later,” he tells CNBC Make It. That’s because homeownership is “the ultimate escalator to building wealth,” he says. “People who own […]
I used to scoff at those people who flew first-class because it just seemed extravagant. But now I get it. If you have a problem that money can solve, you don’t have a problem. In my experience, high-earners tend to be extremely disciplined about using their money to solve their problems. That’s because they understand […]
Those who don’t have a traditional pension — and that includes most of us — are frequently envious of those who do. What could be better than a guaranteed paycheck that lasts as long as you live and is unaffected by the vicissitudes of the stock market? There’s another way: Create your own pension with […]
One of the hardest things about investing is finding ways to save money to invest in the first place. Even with the economy looking better and unemployment near historic lows, many workers still live paycheck to paycheck, and that makes saving a huge challenge. Sometimes, the best way to save money is to find a […]
CATS AND DOGS ARE OFTEN considered family members, which may explain why U.S. pet owners are increasingly investing in pet insurance. According to the North American Pet Health Insurance Association, pet owners spent more than $1 billion on pet insurance in 2017, insuring 2.1 million pets in the United States and Canada, a nearly 17 […]
Chances are you’ve probably seen the commercials advertising free credit scores. Sometimes the ads have a catchy jingle or a funny plotline, but they all imply that if you’re not checking your credit score, you’re doing something wrong. It’s free, after all. Why wouldn’t you check it? But what these commercials aren’t telling you is […]
FILING TAXES AS A college student comes with a unique set of challenges. And determining whether and how to file taxes requires taking note of your previous year’s employment, wages, tax withholding and parents’ tax strategies. You may want to use the upcoming Thanksgiving holiday or winter break from school as opportunities to bring up […]
It’s a dilemma many 20-somethings face: You badly want to travel the world. But if your bank account could talk, it would say, “Are you kidding?” When you’re just starting out, even a week-long vacation might seem like a one-way ticket to credit card debt — especially if you have a modest income or lack […]
