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Personal Finance

Do You Care More About March Madness Than Your Retirement?

Richard Barrington | Posted 05.11.2015 | Money
Richard Barrington

The question is, if Americans are so diligent at doing their research, crunching the numbers and making decisions for their tourney brackets, why don't they put in that kind of effort for retirement planning? After all, the stakes are much higher.

Seven Potential Costs Of Owning A Home That Should Factor Into Your Budget

Carrie Schwab-Pomerantz, CFP | Posted 05.11.2015 | Money
Carrie Schwab-Pomerantz, CFP

I get a lot of questions regarding the costs of owning a home, typically about saving for a down payment or paying off a mortgage. But homeownership involves numerous other costs that can impact your budget. So as the spring home-buying season gets underway, I thought it would be a good time to step back and look more closely at the ongoing financial realities.

Want to Stop Getting Into Debt? Quit Doing This One Thing

Amandah Blackwell | Posted 05.10.2015 | Money
Amandah Blackwell

You can't control whether or not they pay their loan and pay on time. You have the potential to get into debt or deeper into debt. Plus, you risk lowering your credit and FICO scores.

Tax Preparers Make More Mistakes Than You Might Think

Credit.com | Posted 05.10.2015 | Money
Credit.com

Set aside for a moment the financial truth that if you are getting a big tax refund, you are doing it wrong. Plenty of studies into "professional" tax preparers show they are often doing it wrong, too.

The Best Investing Sites For Beginners

Simple. Thrifty. Living. | Posted 05.09.2015 | Business
Simple. Thrifty. Living.

With the Dow at a record high -- more than double since 2009 -- some first-time investors are concerned that it might be too late to jump into stock trading. The truth is that no investment comes with a guarantee, and experts disagree about where the market will go next.

Getting Ready To File Your Taxes? Don't Miss This Checklist

WiserAdvisor.com | Posted 05.09.2015 | Money
WiserAdvisor.com

Tax season is upon us again. April 15th may be the official deadline to file, but now is the time to start gathering everything you'll need so that you aren't scrambling in the eleventh hour.

5 Things You Need To Know Now About Private Investments

Blaine McLaughlin | Posted 05.09.2015 | Money
Blaine McLaughlin

Investing in private companies and funds is becoming more accessible, with smaller investment amounts, helpful regulatory changes and the availability of streamlined processing. Of course, private investments are not for everyone. But before you decide they're not for you, you need to understand the watershed changes taking place in the private securities sector.

3 Smartphone Apps to Live an "Examined" Life

Michael Ruderman | Posted 05.06.2015 | Technology
Michael Ruderman

How are you tracking your progress toward your goals? Make it easy on yourself by using passive data collection. Look at that data regularly, holding yourself accountable to the metrics. Then you'll be living the Socratic dream - a well-examined life.

Can I Afford a Wedding Planner?

Stephanie Snay | Posted 05.06.2015 | Weddings
Stephanie Snay

Are wedding bells in your future? Congratulations! While you'll soon experience one of the most monumental days of your life, pulling off your Pintere...

5 Questions First-Time Tax Filers Need to Answer

SALT | Posted 05.05.2015 | Money
SALT

Yes, nothing screams (or, more likely, sighs) "I'm an adult" than W-2s, deductions, and adjusted gross income. And while that all sounds painful, doing your taxes for the first time doesn't have to be that bad. In fact, you can make it easier.

Countdown To Tax Day: A Six-Week Prep Guide For April 15

LearnVest | Posted 05.04.2015 | Money
LearnVest

It's six weeks until T-Day. That's Tax Day for those of you who haven't given much thought to the yearly deadline. While we're not quite there yet, crunch time is just around the corner -- unless you start gathering your materials and making some serious strides today.

If You Have A 401(k) Do You Need An IRA, Too?

Carrie Schwab-Pomerantz, CFP | Posted 05.04.2015 | Money
Carrie Schwab-Pomerantz, CFP

The bottom line is you can't really save too much, only too little. So use all the savings and investing vehicles available to you, including both an IRA and your 401(k), to save as much as you can, as early as you can -- and, at the same time, get the maximum tax break. You won't regret it.

Why the S&P 500 Is a Bad Benchmark

Betterment.com | Posted 05.04.2015 | Money
Betterment.com

let's examine the importance so many investors attach to the S&P 500 or the Dow Jones Industrial Average. U.S investors tend to heavily measure their portfolio performance against American indices, even though they have been proven not to be the best benchmarks.

Reforming Payday Lending Practices Is One Important Way to Address Wealth Inequality

Andrea Levere | Posted 05.03.2015 | Business
Andrea Levere

The economic recovery has not benefited Americans equally. We all know that. But few facts underscore that point more clearly than the startling number of consumers whose financial futures have been put on hold by subprime credit scores.

Why Choose A Personal Loan Over A Traditional Loan?

NextAdvisor.com | Posted 05.02.2015 | Money
NextAdvisor.com

All loans are not created equal, and in recent years the personal loan has become a great option for people to use. However, you might be wondering just what makes a personal loan different from a traditional loan from your bank.

Start Small This America Saves Week

Patrice C. Washington | Posted 05.02.2015 | Money
Patrice C. Washington

We all know the importance of saving, and while it's ideal to save six months of income for a rainy day, I know first-hand how intimidating that can be for most of us. So, instead of looking at lofty savings or financial goals, I challenge you to take micro steps to reach your personal finance and debt reduction goals.

President Obama Warns Americans About Bad Retirement Advice

Natalie Pace | Posted 05.02.2015 | Money
Natalie Pace

To help us all better understand how to reduce the exposure to conflicts of interest, high fees and lockup periods, I called upon Marie Chandoha, the president and CEO of Charles Schwab Investment Management, Inc.

What's The Best Way To Consolidate Debt?

NextAdvisor.com | Posted 04.29.2015 | Money
NextAdvisor.com

Studies released by Urban Institute in July 2014 showed that 35 percent of Americans -- roughly one out of three -- are so behind in their finances that they have debt in collections. Many people become overwhelmed by their debts, but they don't have to be.

How Men And Women Do Saving And Splurging Differently

LearnVest | Posted 04.28.2015 | Money
LearnVest

When it comes to gender and money, there's no shortage of stats on how the sexes stack up. But while you're probably used to hearing those differences dissected in discussions of salaries and pay inequality, it turns out there's a bit more to it: Gender plays a role in a whole range of everyday money matters.

Paying For College: Are Scholarships Taxable?

Carrie Schwab-Pomerantz, CFP | Posted 04.27.2015 | Money
Carrie Schwab-Pomerantz, CFP

Dear Carrie, My daughter was lucky enough to receive a significant college scholarship. Is this considered taxable income to her? And does her scho...

How To Curb Habits That Keep You Financially Poor

Quora | Posted 04.27.2015 | Money
Quora

Only you can discipline yourself. If you're a family man, explain it to them. They will understand. Sometimes you might give in to pity, that's okay too, we are all humans, but think of it as a bad habit. If you improve yourself, you and the family become the eventual winners.

The 5 Most Messed Up Policies in the World of Personal Finance

Odysseas Papadimitriou | Posted 04.27.2015 | Money
Odysseas Papadimitriou

If we want to continue making progress, we must acknowledge the pervasive existence of truly unbelievable policies and practices, and we must encourage regulators to address them. Here are a few of the most screwed up aspects of personal finance facing consumers today.

What Super Bowl MVP Jerry Rice Carries in His Wallet

GOBankingRates | Posted 04.26.2015 | Money
GOBankingRates

A wallet is one of the most -- if not the most -- personal accessory you can have. The contents can be very telling about the owner's personality, values and financial state. Some people carry a well-stocked wallet, ensuring they're prepared for any scenario the day brings, while others opt to keep the contents to a minimum.

What's In Your Wallet?

David A. Dedman | Posted 04.26.2015 | Money
David A. Dedman

A couple of years ago I was asked, "What's in your wallet?" I wasn't being asked if I had the best rewards credit card. I was talking to my doctor ...

5 Things You Do Every Day That Can Improve Your Credit

Credit.com | Posted 04.25.2015 | Money
Credit.com

Some of the best ways you can help your credit are so ingrained in your day-to-day routine, you're probably working on your credit without really thinking about it. The simple, carefree route to good credit -- sounds nice, doesn't it?