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Personal Finance

Things You Want To Know About Investing But Are Afraid To Ask -- Part 3

Carrie Schwab-Pomerantz, CFP | Posted 06.29.2015 | Money
Carrie Schwab-Pomerantz, CFP

So let's say you've got the basics down. You've decided you're a moderately aggressive investor looking for growth, and you've researched and chosen a couple of initial investments. Are you ready to buy? Not quite.

How Long Will It Take the Average American to Pay Off Credit Card Debt?

Simple. Thrifty. Living. | Posted 06.29.2015 | Business
Simple. Thrifty. Living.

Answer this question honestly -- do you pay extra on your credit card bills, or do you stick to minimum payments every month? If you're like most people, it's probably the minimum.

Things You Want To Know About Investing But Are Afraid To Ask -- Part 2

Carrie Schwab-Pomerantz, CFP | Posted 06.27.2015 | Money
Carrie Schwab-Pomerantz, CFP

Last week I talked about investing concepts that people want to understand but are too often afraid to ask about -- things like asset allocation, diversification and risk. But if you're unclear on a concept, I say ask. And ask again if you don't completely understand.

5 Reasons To Hire A Financial Advisor -- One Dominant

Jonathan K. DeYoe | Posted 06.27.2015 | Money
Jonathan K. DeYoe

Your very success may well depend on sticking with a well-designed and considered financial plan when it is the hardest to do so. This is the capital "R" reason you may want a lifetime financial advisor.

More Term Life for the Money

Terry Savage | Posted 06.27.2015 | Money
Terry Savage

Not everyone needs life insurance. But if you have dependents who will need to cover living expenses, pay off a mortgage or plan for college, then you should at least find out how easy and relatively inexpensive it is these days to buy simple term insurance.

8 Phone Calls to Hang Up On

Richard Barrington | Posted 06.24.2015 | Money
Richard Barrington

Wherever financial misery exists, expect scam artists to follow close behind, ready to take advantage of it. Too often these days, when the phone rings, it is some helpful person who claims to have a way to rid you of your financial problems. But in reality, what they often really want to rid you of is your money.

Proof That Most Of Us Don't Understand Overdraft Fees

The Huffington Post | James Cave | Posted 04.23.2015 | Business

How much do you really know about your bank's overdraft protection policy?

Why Are Women So Afraid to Talk About Money?

Steve Rhode | Posted 06.23.2015 | Money
Steve Rhode

A fantastic Emily Birken article was sent to me to ponder over by the Personal Finance Syndication Network. It's a great source of the latest personal...

Millennials: Find Your Path to Retirement

Jacob Gold | Posted 06.20.2015 | Money
Jacob Gold

If you're under the age of 35, odds are you haven't spent much time planning for your retirement years. This is certainly understandable considering the financial hurdles millennials face today.

Why You Should Let Technology Take Care of Your Finances

Jen Turrell | Posted 06.22.2015 | Money
Jen Turrell

Before you turn on the auto-transfer and auto bill pay functions, you need to create a savings buffer. It's no use setting all of this up if one month you run out of money and create a cascade of overdrafts and late fees.

Book Review: 7 Wealth Building Secrets

Suna Senman | Posted 06.21.2015 | Money
Suna Senman

While the title 7 Wealth Building Secrets, looks ordinary, the contents of this book are extraordinarily grounded in greatest wisdom and proven practicality.

7 Life Changes That Could Help Your Finances

LearnVest | Posted 06.20.2015 | Money
LearnVest

When you hear stories about friends or relatives who've had to downsize their homes, take a second job, or move cross-country because of money, the assumption is that an acute case of "living large" is the problem. But that's not always the case.

13 Money Management Lessons for Kids

Chris Mettler | Posted 06.16.2015 | Education
Chris Mettler

Research shows that America's youth has a deep lack of understanding when it comes to finances and how to properly manage money. These disturbing statistics have generated a national movement to incorporate financial literacy into our education system and encourage parents to teach money management lessons at home.

6 Things to Think About When Spending Your Tax Refund

Steve Siebold | Posted 06.16.2015 | Money
Steve Siebold

The IRS tax filing deadline is this week, and the average refund so far has been about $3,500. The question is: what should you do with that refund? The truth is, a tax refund can be a lifesaver for some, but can cause more trouble for others.

Use the Law of Attraction to Create Wealth

Rose Caiola | Posted 06.16.2015 | GPS for the Soul
Rose Caiola

Although there are signs that the economy is improving, many still feel a pinch in their wallets -- especially in the week that income taxes are due. ...

10 Divorce Tips for Husbands

Ayesha Vardag | Posted 06.16.2015 | Divorce
Ayesha Vardag

Whether or not you're the one petitioning for divorce, it's a good idea to do all you can to coordinate your affairs and look out for your interests. That doesn't have to mean being underhand or dishonest -- just smart.

Proof That State-Mandated Financial Education Programs Work

Chris Mettler | Posted 06.16.2015 | Money
Chris Mettler

There has been a long dispute over whether or not state-mandated financial education programs in high schools actually help improve financial literacy and overall financial health in adulthood.

3 Times Payday Loans Make Sense

Simple. Thrifty. Living. | Posted 06.15.2015 | Business
Simple. Thrifty. Living.

Although payday loans are a type of credit that most borrowers should avoid, there are some cases in which this type of loan is actually less costly than other alternatives.

10 Important Money Lessons I Learned by My 29th Birthday

Casey Bond | Posted 06.15.2015 | Money
Casey Bond

I've been writing about personal finance for the better part of my adult life, but that's not to say all this money wisdom didn't come without some serious trial and error.

Hey Indiana, It's the Money Honey!

David Rae | Posted 06.15.2015 | Gay Voices
David Rae

The worst thing to come out of Indiana is the boneheaded and hateful Religious Freedom Restoration Act; the best is my incredible, wonderful husband. Ironically, both have been good for my business.

Things You Want To Know About Investing But Are Afraid to Ask -- Part 1

Carrie Schwab-Pomerantz, CFP | Posted 06.13.2015 | Money
Carrie Schwab-Pomerantz, CFP

n this first column of a three-part series, I want to help you crack the code -- starting with the most important foundational concepts. And then in the next two columns I'll define and describe the investments, accounts, and steps that will allow you to put these concepts to use over time.

4 Things to Do When Your Credit Score Reaches 'Good' or 'Excellent'

Simple. Thrifty. Living. | Posted 06.13.2015 | Business
Simple. Thrifty. Living.

It wasn't easy, but your credit score just passed the 661 mark into "good" territory or the 781 mark into the "excellent" category. Congratulations, you're now a credit score champion! After you're done basking in your own glory, it's time to actually put that credit score to effective use.

13 Things to Consider If You Love a Person with Scary Money Problems

Amandah Blackwell | Posted 06.11.2015 | Business
Amandah Blackwell

Many people are struggling financially. What happens if you find yourself falling in love or in love with someone with money problems? Do you ignore your feelings and forget about the person? Or do you accept that some people have or had some money issues for one reason or another?

How I Lived Without a Credit Card for 25 Years

GOBankingRates | Posted 06.08.2015 | Money
GOBankingRates

If you're wondering why I'm so excited to be the owner of what is basically a Fisher-Price credit card, you have to understand the Napoleon complex that not having any credit gave me.

How Do You Value A Gift Of Stock? It Depends On Whether You're The Giver Or The Receiver.

Carrie Schwab-Pomerantz, CFP | Posted 06.08.2015 | Money
Carrie Schwab-Pomerantz, CFP

While your question is specifically about gift tax valuation, I'm going to expand my answer a bit. The recipient of a gift doesn't pay a gift tax, but when he or she decides to sell the stock, they have to calculate a value for income tax purposes.