When it comes to retirees and their nest egg, there's no strategy regarding how much they spend a year. It's either a big chunk or nothing, according to a study by a financial research firm.
Joint bank accounts do offer some advantages in terms of convenience and simplicity, but there is a certain amount of risk that goes along with opening one.
Money troubles can be hard to discuss. The secret many don't seem to know is they are not as alone as they feel. Here are some questions people ask me -- and the ones I ask them in response.
Three No. 1 seeds are still afloat and plenty of rich storylines exist. Along with Kentucky's pursuit of the perfect season, three remaining schools are within 350 miles of Indianapolis, allowing ticket prices on the secondary market to reach record-breaking highs in 2015.
The "Grow Your Value" bonus competition drives home the message that it is important for women to both learn their value and communicate it effectively.
There are many resources for student loan borrowers trying to figure out repayment, and some go to financial planners for advice on how to manage their student loan debt as a part of a broader financial strategy that will carry them into retirement.
I'll go out on a limb here and say we've all done it. We look up from our computer, iPad or iPhone, where we've just spent time on something that is really of no importance to us when we could have been engaging in a more meaningful activity. And that's my definition of wasted time.
Bonds are just as risky as stocks. That's a simple fact not recognized by many investors, who still view bonds in their historic sense of being a more secure investment because they have a priority call against a company's assets in case of a bankruptcy. That's true -- in the long run.
Technology these days has really changed the way we invest. It's amazing to see how new tech companies are disrupting this market. From robo-advisors to commission free brokerages, investing isn't as daunting as it used to be.
The inflationary period of the late 1970s is such ancient history that we even have people hoping that a "bit" of inflation -- in wages, in prices -- will help the economy grow. But here are five reminders from history about how inflation destroys savings and value.
In its most basic form, financial literacy is the ability to understand how money works - but it's definitely not that simple. In order to know how to earn, manage, invest, and save money as an adult, you must first learn the basics when you're young.
Every situation in financial planning is different. The one standard that holds true in all situations is that there is no one universal answer. Your finances are something you need professional help with, not an online forum.
Money problems are solved by increasing income, reducing expenses, a combination of the both, or intervention. Bankruptcy is the only legal process that forces your creditors to have to deal with the debt by eliminating it or establishing a payment plan you can afford.
For the new small business owner, navigating the murky waters of taxes, comes with understanding new terms, and regulations on top of the once you have already been trying to understand over the last year.
You have about two weeks left before your taxes are due; here are some quick tips to getting 'em done, getting any refund you are due quicker, and setting yourself up for next year.
We all know that many hard-working families and individuals could use a financial boost in this still-tough economy. Millions of Americans can get just that by taking advantage of the tax credits and free filing services available to them.
I'm sure Jim Cramer will be the last one to leave the burning building, but the era of stock picking is basically over. He continues to talk about index funds as being adequate for those who don't have the time to research individual stocks, but investors -- in increasing numbers -- are too smart to fall for this shtick.
For the seven in ten college graduates with student loans, managing education debt is a solitary struggle. If you find yourself as a member of this silent majority, it can be difficult to understand your own debt burden in the wider context of the ongoing national crisis that fills in the headlines.