iOS app Android app

Personal Finance

Why I Bought Long-Term Disability Insurance

PolicyGenius | Posted 07.16.2014 | Money
PolicyGenius

Our brains are wired to make us terrible judges of risk, so best to trust the facts.

7 Reasons to Have a Savings Account for Social Gatherings

MyBankTracker | Posted 07.15.2014 | Money
MyBankTracker

If you are not financially prepared, social engagements can leave your finances strained. When you plan and set aside funds for social engagements, you won't have to dip into your emergency fund, your day to day spending account or max out credit cards.

Should The New myRA Account Be Your IRA Account?

Carrie Schwab-Pomerantz, CFP | Posted 07.15.2014 | Money
Carrie Schwab-Pomerantz, CFP

As I always remind people, the younger you are when you start saving for retirement, the better. Start in your 20s and you should be fine by putting just 10 percent of your annual salary away every year until retirement. That sounds easy enough. But how do you get young people who are having trouble making ends meet to even think about saving for the future?

6 Seller Secrets for This Summer's Real Estate Market

Michael Corbett | Posted 07.15.2014 | HuffPost Home
Michael Corbett

Each year, it seems the housing market takes on a different tone. Sometimes it's going to be a sellers' market with inflated prices and bidding wars, and sometimes a buyers' market with tons of choices and low prices.

Where Can The Middle Class Actually Afford To Buy Homes?

Jed Kolko | Posted 07.14.2014 | Business
Jed Kolko

Where can the middle class afford to buy a home today? Affordability has worsened in the past year, as home prices have climbed faster than incomes and mortgage rates have risen. But compared with the longer-term past, homeownership still looks relatively affordable:

How to Get a Near-Perfect FICO 8 Bankcard Score: One Woman's Story

MyBankTracker | Posted 07.13.2014 | Money
MyBankTracker

There are advantages to maintaining a pristine credit profile. Primarily, having great credit means that you're more likely to qualify for loans and l...

How To Budget Your Money With The 50/20/30 Rule

LearnVest | Posted 07.12.2014 | Money
LearnVest

No matter whether you're a mom with two kids or a recent college grad working your first job, this rule can help you not only figure out how much you should be spending in each area every month, it will also tell you in what order you should be spending your money.

Putting Fear to Work for Your Money

Richard Barrington | Posted 07.09.2014 | Money
Richard Barrington

Fear and greed are often said to be the emotional extremes that investors swing between. It can be rightly said that greed had a great deal to do with the financial crisis of 2008 and 2009.

The Housing Recovery Needs More Than Just Rising Prices

Jed Kolko | Posted 07.09.2014 | Business
Jed Kolko

The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of how asking prices and rents are trending nationally and lo...

6 Big Mistakes Teens Make With Their Money

WiserAdvisor.com | Posted 07.09.2014 | Money
WiserAdvisor.com

If you're in high school and all you've got is an allowance, a part-time job and occasional birthday checks from Grandma, you're still ready to become money-savvy. The smarter you are with your cash, the farther it will stretch.

How Prepaid Debit Cards Can Teach Teens Financial Responsibility

Tami Farrow | Posted 07.08.2014 | Money
Tami Farrow

Certain prepaid cards are specifically designed with parents and teens in mind -- giving parents the ability to have control over how their teen is spending money. Using a card like this will help your teen develop into a financially savvy and responsible adult, while keeping the risks of offering them more financial independence at bay.

Getting Married Soon? 10 Smarter Ways to Spend the Average Wedding Budget

MyBankTracker | Posted 07.08.2014 | Money
MyBankTracker

The need to make one day memorable has resulted in dress purchases that rival down payments on a car and a catering bill that can easily run into the thousands. One of the most cited reasons for divorce is money woes, which makes this pricey wedding-planning process quite ironic.

How Moms Help Create Entrepreneurs Like Branson, Corcoran and Kiyosaki

Casey Bond | Posted 07.07.2014 | Money
Casey Bond

Think about your relationship with money today -- whether good or bad -- and how your parents influenced the way you manage your finances now. Most likely, your mother played a big role in shaping your attitude toward money.

5 Ways to Stop Your Financial Would-Should-Could Haves

Shannah L. Compton | Posted 07.07.2014 | Money
Shannah L. Compton

You could play this game all day long and never really make any progress towards change. It's really easy to look backwards at mistakes and want to throw yourself in a fiery pit of regret. But who wants to do that?

T Is For 'Teaching Your Teen' To Manage Money

Ann Zuraw | Posted 07.06.2014 | Money
Ann Zuraw

In order for teens to have full ownership of their financial future, they will need some important money management lessons. Parents have a tremendous influence and can help their teens' financial literacy improve today.

Beating the Millennial Doldrums: How to Start Your Financial Life on the Right Note

Jason Gordo | Posted 07.06.2014 | Money
Jason Gordo

Right now, you've got decades of life ahead of you. Ask yourself, what do you want those decades to look like?

Is There A Tactful Way to Help Your Mom (Or Dad) Financially?

Carrie Schwab-Pomerantz, CFP | Posted 07.05.2014 | Money
Carrie Schwab-Pomerantz, CFP

What trade-offs does she have to make? By looking at her budget with her, perhaps you'll see places where she can make different choices so that she doesn't have to skimp in one area or another.

Trulia: Jobs Report Has Bad News for Millennials, Good News for Hard-Hit Metros

Jed Kolko | Posted 07.02.2014 | Business
Jed Kolko

Overall: a solid report for housing. Job growth in clobbered metros is especially good news for housing demand but the drop in young-adult employment is a red flag.

Reasons Given for Economic Inequality Are Meritless

Steve Siebold | Posted 06.30.2014 | Politics
Steve Siebold

Americans agree economic inequality has grown, but don't agree on why. That's according to a new Pew Research article that gives varying reasons. A closer look into what those polled on the issue said reveals these are more excuses rather than reasons.

7 Questions You Need to Ask About the New Qualified Mortgage Rules

Michael Corbett | Posted 07.01.2014 | Money
Michael Corbett

After a tumultuous few years in the housing market, the rules are starting to change -- for the better. Here are seven frequently asked questions about the new 'qualified mortgage' rules and answers about how it affects your mortgage.

Do Identity Theft Protection Services Work?

Simple. Thrifty. Living. | Posted 07.01.2014 | Business
Simple. Thrifty. Living.

ID theft protection services cannot actually protect you from getting your identity stolen. That's not how they work. They do not take preemptive measures to protect you from having your identity stolen.

It's Time for a Little 401(k) Spring Cleaning

Catherine Golladay | Posted 07.01.2014 | Money
Catherine Golladay

Now's the time when you're likely tidying up the garage, paring down your closet and dusting off the attic shelves. While you're at it, don't forget to clean up one of your most important assets -- your workplace 401(k) plan.

How Does the FICO 8 Bankcard Score Differ From a FICO Credit Score?

MyBankTracker | Posted 07.01.2014 | Money
MyBankTracker

The credit-scoring industry has often brought confusion to consumers who have no idea that there are different kinds of credit scores -- many of which...

Receipts -- Can't Live With Them, Can't Live Without Them

David A. Dedman | Posted 06.30.2014 | Money
David A. Dedman

I think we all can agree there is way too much paper in our lives! We get various statements, confirmations, letters, vouchers and receipt after re...

Social Security Basics -- Five Things To Think About Before You Apply

Carrie Schwab-Pomerantz, CFP | Posted 06.30.2014 | Money
Carrie Schwab-Pomerantz, CFP

Since Social Security plays such a big part in people's lives, you'd think we'd have a better idea about how it all works. But on the contrary, a lot of folks don't fully understand their benefits or, more importantly, how to maximize them.