More than half of Americans have more savings than credit debt, a trend that's been rising since 2011. However, having more savings and being comfortable with the amount of savings and debt you have are two very different things.
A recent FTC study showed that almost 42 million people have errors on their credit report, which is a ridiculous number of people. Five percent of those people saw a 25-point jump in their credit score once the errors were fixed. What does this mean?
The financial news racket has little or nothing to do with maintaining our balanced investment plan. No matter what your age or financial status may be, do not change your retirement plan because you heard a piece of scary financial information from the media for the umpteenth time.
These tax rules may not make you whole again and certainly cannot replace precious sentimental items or life lost, but they can lighten your taxes and may even put more money in your pocket -- when you need it most.
A Roth is a post-tax retirement account, meaning the money you put in does not allow you to deduct it from your tax returns. That can be a bummer when you need income tax deductions!
To move the country forward we cannot and should not focus just on one race or ethnic group. But in order to advance the country as a whole we must look at all of her parts.
As women who are providing the nest egg for our children and ourselves, we don't want to fall into the trap where prudence becomes paralysis.
The world of 40l(k) plans is in an uproar -- and the result may be a much better deal for employees who participate in those plans. Finally, someone is questioning the fees that plan participants pay for the mutual fund choices within the plans.
For the sake of everyone who comes home with crumpled receipts in their pockets and for all the trees wasted printing, how are these tiny squares of economic antiquity still necessary?
It's OK if you haven't figured out what you want to do by the time you hit 30, but you should be doing something.
For typical families the joy of a new child is accompanied by a series of new financial responsibilities. These responsibilities can be extremely burdensome if you don't save up in advance -- if possible, starting from the time you first decide to have children.
Through a secretive, sneaky, back-door approach, banks that issue the cards, along with Visa and MasterCard, have figured out yet another way to suck money from our pocketbooks without our ever even knowing about it.
Banks continue to raise the fee that is charged when customers spend more than they have in their accounts. Since the end of 2012, the average fee for a $50 overdraft has increased from $33.70 to $34.90 at the 10 largest U.S. banks.
Gold has performed handsomely in the past few years despite recent dips. Some would call this a bubble. Others might argue it is a safe investment during a recession. In my opinion, part of what has made gold so popular of late, is our human propensity to chase returns.
Life is good. Good for you! There is still plenty that you can do to ensure that you are prepared just in case something unfortunate happens. Here are eight items you can tend to ensure that you are in the best position to sustain and recover from any mishaps that come along.
here are an estimated 1.5 billion credit cards in use in the United States and that can make them seem pretty ubiquitous. Nevertheless, access to credit cards is a privilege not a right, and if you make mistakes, you'll pay a price -- sometimes a hefty one.