This woman didn't earn the family's income or even oversee much of the bill payment. Yet for three years she took charge: Unbeknownst to her husband, Anne set up a savings account and had the bank send the statements to a trusted friend.
Some call it the Student Loan Bubble -- I call it crazy. And what better time to discuss student debt insanity than now, as countless soon-to-be graduates prepare to slip on their caps and gowns?
Individuals pay hundreds of millions of dollars into life insurance every year, yet four out of 10 seniors lapse or surrender their policies before they receive any payout.
Students are ready and willing to learn. We, as parents and educators, and even policy makers and financial institutions, need to step up to help them succeed.
With the rise in technology and the changing nature of how people shop for financial products, has your local bank branch become irrelevant?
It might seem obvious that improving your finances includes saving for retirement, but it's important to think of your financial plan in a broader way. It's also about putting protections in place.
For months the real estate industry has been complaining about a shortage of homes to sell, an inventory which is too small. Raise down payment requirements and the inventory problem will vanish while home prices will fall. Why? Because there will be fewer buyers in the market looking for homes.
My mother, like many mothers, was amazing. But she is also the reason I am a multimillionaire. It turns out that I'm not alone in this.
While fear is a completely normal reaction, here are three steps every taxpayer should follow if they receive an IRS letter.
Outwardly my life seems quite the thing: I travel a bit for work, I am known for any number of feats, and I garner a certain amount of attention whenever I embark on a new project. But beneath that glamorous façade is impecunious me. And three times a year or so, things come to a head.
There are many sources of stress in a mother's life. To ease her finance-related stress, here are five ideas for the whole family.
Poker players frequently give off signals that tip off the kind of cards they have. It is the same thing in these conferences. I would actually pay the attorneys and clients to bring me to meditations as I can spot problems and make corrections before they get money in their hands.
Amending a tax return can be very complex. There are many considerations, from determining what is incorrect and what the correct information should be, to knowing what forms to attach, to making sure the state return is amended correctly and timely.
Creating a generation of financially savvy consumers is within our capability. Every effort we make will improve our students' financial future and, as a result, the future of our economy.
Is addiction too strong a word for America's dependence on debt? Given that addiction means needing something so powerfully that it overwhelms rational thought, the description fits American habits only too well. Here are five signs you might be addicted to debt.
Be sure to put some checks and balances in place, so that if this mistake was avoidable you don't repeat it again next year.