After paying off $40,000 in student loans with his wife, Bobby Hoyt quit his job as a teacher three years ago to focus on his personal finance blog, Millennial Money Man, and online entrepreneurship venture, Laptop Empires, full-time. Now, things are truly starting to take off. In January alone, the 29-year-old’s income topped $155,000, mostly […]
For some high earners, even making seven figures doesn’t satisfy. Take the anonymous entrepreneur who spoke to The Cut about what it’s like to bring in $1 million a year. Despite creating a successful fashion line, the single mom admits that “money and power make people greedy and crazy, and I am not exempt.” Although […]
We recently asked members of the BuzzFeed Community to share their top money-saving tips for grocery shopping at the dollar store. Here are some of their best (and most practical) tips: 1. Hit up the dollar store before going to the grocery store to see what you can get first. “I always go to the […]
What financial issues are worrying most Americans in 2018? According to an analysis of the most Googled GOOG, -0.31% financial topics, student loans are the No. 1 topic on people’s minds with an average of 2.4 million people per month asking, “How do student loans work?”, the study, by Liberty Bank for Savings, found. This […]
When it comes to salting away enough money for retirement, one of the biggest obstacles is the high cost of healthcare. The Employee Benefit Research Institute estimates that a 65-year-old man and woman would need $131,000 and $147,000, respectively, to stand a good chance of being able to cover premiums and prescriptions in retirement. These […]
Instagram has more than 800 million users, but not all of them have figured out how to make money from their feeds. However, Viktoria Altman, the blogger behind TravelTipster, is a social media maven who has cracked the code. Since she started using her Instagram for business purposes in late 2016, Altman has built a […]
As spring begins to bloom, and Americans break out of winter hibernation, improving wellness and working on a healthier lifestyle enters the forefront of their minds. Without spending a dime, you can benefit from the warmer temperatures of spring. Crack open your windows to air out your home, take more outdoor walks or bring your […]
America’s collective readiness for retirement is improving, according to Fidelity’s latest Retirement Savings Assessment study. The study distills America’s retirement readiness into a single score representing the percentage of estimated retirement income that the average saver will require. According to the current study, America’s combined retirement score is 80 – meaning that the average American […]
Warren Buffett warned students about the perils of using debt and leverage decades ago, using Donald Trump as a negative case study. Buffett was asked by a Notre Dame student about Trump’s business troubles during a question-and-answer session in 1991. Trump’s Atlantic City Taj Mahal casino filed for Chapter 11 bankruptcy protection later that year. […]
While it may be tempting to splurge on a new spring wardrobe with your refund, tax season, even when you have a tax refund in hand, is actually the best time of year to do a financial check up first. Especially if you only take a good look at your money situation once a year, […]
Do you think saving for retirement is just too tough? Think again. The number of people with 401(k) balances of at least $1 million hit a record 150,000 at the end of 2017 in plans run by Fidelity Investments. Likewise, the number of Fidelity-run IRAs with retirement savings balances of $1 million or more hit […]
Some of the age-old rules that apply to your very own savings and checking accounts apply to handling your business’s finances. Here are 10 expert tips to keep in mind while managing your business, which might seem awfully familiar. Managing your small business’s finances isn’t as daunting as it may seem. While there is certainly […]
