You'll probably be making more money then you've made in your life before, and your first instinct is going to be to spend that extra income. That's what I did. Before you blow all of your first paycheck in one place, set up a budget of what your monthly bills are.
If you have money conversations with your kids starting at a young age, it will be easier to teach them along the way. We've put together five essential money talks that you should be having with your kids during key developmental periods of their lives.
An orderly sovereign debt restructuring would be one that places the debtor nation's public debt on a sustainable trajectory, while minimizing procrastination and contagion. However, orderly debt restructurings may remain elusive, even with high-powered official intervention.
Despite tremendous progress in poverty reduction over the last two decades, poverty still persists. Along with South Asia, Africa is a region where large numbers of people continue to live in extreme poverty.
The nation has crippling credit card debt to the tune of almost $800 billion. This is obviously not a minor problem, but a financial epidemic. Americans are paying so much in fees and penalties each year that we may never dig ourselves out.
It's that time of year again. Graduation. That seminal moment in our lives when, in ceremonies of varying degrees of pomp and circumstance, our elders pass on the wisdom of the ages to those of us who are evolving from the shelter of the ivory tower to the stark reality of the "real world."
Some credit mistakes aren't so obvious. What's worse, the biggest secret credit mistake -- the one most people don't even know they're making -- actually happens when people are trying to turn their credit score around and be more financially responsible.
Every time you go to a new doctor or dentist and they give you a clipboard brimming with documents to fill out and sign, notice how they always ask for your Social Security number? Do you dutifully give it up? Did you ever wonder if they really need it?
The nation's largest and oldest financial counseling organization. With so many scams and fake "credit repair" agencies out there, this organization offers the legitimate hand-holding you need when it comes to rebuilding your financial life.
Applying for a business loan can be intimidating and stressful, and it can be confusing to have an application rejected with little explanation. Three of these steps are described below, and should be completed prior to approaching a financial institution about a loan.
Weddings are expensive, right? You spend a small fortune on the venue, dress, flowers, invitations and all the other extras in between. So why not make a little extra to help offset the cost of your wedding?
Face it, America, we are not being very smart about our credit. We are paying billions in penalty fees. We are spending more money than we make. We don't even know our own interest rates or credit scores. And the country as a whole is almost a trillion dollars in credit card debt.
We have all known people who lived a life they cannot afford, on credit they can not repay and then end up in financial ruin and embarrassment. Here are some easy ways to identify if someone is living beyond their means.