Financial literacy is a skill that’s often honed and improved with time, not something that necessarily comes naturally to those just embarking on their careers. In fact, research from the National Endowment for Financial Education and George Washington University found that only 24% of 23 to 35-year-olds showed basic financial literacy and a mere 8% […]
Watch Out for Fees and Penalties This is a common enough personal finance question, Jack, and as with everything, it’s really dependent on your personal situation. As a rule, though, raiding your retirement accounts should be your absolute last resort. The key distinction that needs to be made regarding your question is whether you mean […]
For those looking to buy homes, the most popular way to finance a home purchase is to take out a 30-year mortgage. With mortgage rates having been exceptionally low for years, it’s been possible to get extremely attractive monthly payments even on relatively large mortgage loans, and the 30-year term gives homeowners a long time […]
If you have employees working for you, hopefully you already know you’re required to pay them at least minimum wage. But while most employers understand some of the basics of laws regulating wages, one particular category of law gets a little confusing: overtime rules. Your staff may want to work long hours to help make […]
You may be earning money over the summer from an internship, job or any other form of employment. If you’re making some bank this summer, remember that fall semester is approaching faster than we think, and as college kids we always need money. We need textbook money, emergency money, rent money and, of course, some […]
Planning a vacation doesn’t mean you have to break the bank on airfare or hotels. By setting up loyalty accounts, picking the right credit cards and redeeming your points for travel, you book a getaway on the cheap. Here’s our guide to saving money on your time off — so your bank account can take […]
With the summer holiday season upon us, consumers using HotUKDeals , the UK’s biggest deal-sharing community, have been sharing tips on how to save money when holidaying abroad. Make sure your credit/debit card is abroad friendly or use a pre-paid card Don’t just rely on your usual credit and debit cards that you would use […]
Saving money when you live paycheck to paycheck feels completely unrealistic, especially when you’re already on a pretty tight budget (and there’s rent to pay, bills to fork out for and uber eats deliveries that ain’t going to eat themselves). We also know, however, that a savings account that contains an emergency fund should be […]
Do yourself a favor when you’re filling up with gas for your summer road trips across California and beyond — and pay with cold, hard cash, the Secret Service warns. Clever fraudsters have installed credit card “skimmers” at fuel pumps across the nation to steal unsuspecting motorists’ personal financial information — and ultimately, their money, […]
You can drive for a ride-share service, deliver for various companies, or take on task-based work with very little effort to get started. In many cases, these side-hustle gigs take nothing more than filling out an application (assuming you have the applicable skills). It can be tempting to take on extra work in order to […]
As described in my book The Art of Startup Fundraising, term sheets can be really scary for new start-up founders. More than anything, it’s the fear of the unknown, or of making a mistake that founders may regret later, as the business grows. Term sheets are important, and can be complex, but they don’t necessarily have […]
Saving money on a tight budget is not only possible, it’s also imperative. One unexpected expense can have a huge impact when money is tight. Finding a way to start saving money so that unexpected expenses aren’t so devastating may not be easy. But shifting your thought patterns can yield long-term results. Being a “saver” […]
