iOS app Android app

Personal Finance

13 Ghastly Money Mistakes That Could Come Back To Haunt You

Carrie Schwab-Pomerantz, CFP | Posted 10.22.2014 | Money
Carrie Schwab-Pomerantz, CFP

The money decisions you make today can lead to either a secure or a scary financial future. Don't be tricked into being complacent. Think ahead, plan ahead -- and avoid these 13 money mistakes that could haunt you for years to come.

Will You Be Ready for the Next Recession?

Stephen Adams | Posted 10.22.2014 | Business
Stephen Adams

We can't predict when the next one will come, but those who fall in its wake will face a tough road to recovery. That is because recessions are increasingly structural events. They occur less often but involve more economic disruption.

Government Policy on 'Lost' Money Needs Revision

Howard Steven Friedman | Posted 10.22.2014 | Politics
Howard Steven Friedman

Finding money feels nice until you realize that the money was "lost" due to either willful negligence or gross incompetence.

Who Says Financial Abuse Has to Be Romantic? 10 Signs You're in a Financially-Abusive Relationship With Friends and Family

Patrice C. Washington | Posted 10.20.2014 | Healthy Living
Patrice C. Washington

We've learned that domestic violence victims typically stay in abusive relationships for two reasons: fear and finances. And before most suffer physic...

How I'm Saving 40 Percent Of My Pay

LearnVest | Posted 10.17.2014 | Money
LearnVest

I've never been very good at saving. I'm a spender -- shoes, trips, nights out, you name it. It's a fact that became especially apparent to me when I found myself saddled with $10,000 of credit card debt after graduating from college.

3 Practical, Easy Ways To Combat Financial Stress

CreditCards.com | Posted 10.15.2014 | Money
CreditCards.com

Take a moment and try to remember a day during which you didn't spend money, check your credit or bank account, or worry about a financial burden. Can't think of one? Me either.

Are You Making The Most Of Your Employee Benefits?

Carrie Schwab-Pomerantz, CFP | Posted 10.15.2014 | Money
Carrie Schwab-Pomerantz, CFP

Do you usually ignore the Open Enrollment period for your employee benefits? While it's easy to feel that once you've signed up everything is covered, times and benefits change. So each year, usually in the fall, most employers offer the opportunity to modify your choices.

5 Money Lessons to Teach Our Daughters

Beth Kobliner | Posted 10.15.2014 | Parents
Beth Kobliner

Since math and money are so inextricably tied, it's possible that you're transmitting anxieties about both, leaving your daughter less confident to handle personal finance decisions

When Investing, Be Mindful Of 'Knowledge' Limitations

Jonathan K. DeYoe | Posted 10.14.2014 | Money
Jonathan K. DeYoe

We have no information advantage. The research tells us that no one can successfully select securities and time the market consistently. By trying, we increase our costs and decrease our diversification.

Can Shopping Help Anxiety? The Psychology Behind Retail Therapy

Simple. Thrifty. Living. | Posted 10.13.2014 | Money
Simple. Thrifty. Living.

I recently had a friend say to me (jokingly of course), "I wish my health insurance covered retail therapy." In fact a new study out by TNS Global found that half of all Americans have admitted to engaging in one form or another of retail therapy.

Riots in the Streets?

Jim Gibson | Posted 10.13.2014 | Money
Jim Gibson

Are you aware that there is in fact a new improved credit score? Yes, that's right, a new kid on the credit scoring block. If actually used, this new credit scoring formula could actually end up helping those misrepresented by current credit scoring models.

Baby Steps to Retirement

Richard Barrington | Posted 10.13.2014 | Money
Richard Barrington

People fail at retirement planning for a variety of reasons, but one of them is that they get overwhelmed by the sheer size of the task. After all, when you calculate how much money it will cost to fund a comfortable retirement, reaching that goal can seem like scaling Everest.

The Most Important Money Decisions 20-Somethings Make

Credit.com | Posted 10.10.2014 | Money
Credit.com

The first day at a new job is full of excitement, anxiety, optimism and confusion. Am I dressed right? Will I fit in? Will I find the bathroom? Getting all those things right is important, of course. But some things that seem less pressing will have an even bigger impact on your future.

14 Pieces Of Wisdom Financial Planners Share With Their Friends

LearnVest | Posted 10.09.2014 | Money
LearnVest

Wouldn't it be great to have a Certified Financial Planner™ for a best friend? Just think of all the advice you could get about how you might stay on track financially -- and how to make your money work harder for you.

5 Money Lies We Tell Ourselves

Simple. Thrifty. Living. | Posted 10.08.2014 | Money
Simple. Thrifty. Living.

When trying to make ourselves feel better about our financial situation, we often tell ourselves little lies that ease our minds about things. The problem is, if we tell ourselves these lies enough, we tend to start believing them.

Will A Second Baby Break The Bank?

Carrie Schwab-Pomerantz, CFP | Posted 10.07.2014 | Money
Carrie Schwab-Pomerantz, CFP

For just about everybody, having a second baby is a financial as well as an emotional decision. That's because kids today come with a hefty price tag. According to the U.S. Department of Agriculture, the cost of raising a child to age 18 is now upwards of $245,000.

Why Debt Consolidation Can Leave You Deeper In Debt

Jackie Beck | Posted 10.07.2014 | Money
Jackie Beck

Moving your debt around can give a false sense of relief. It makes you feel better about what you owe. That's a problem because most of us don't change until we can't stand a situation any longer. So you don't change anything about your behavior.

5 Steps to Loan Money to Your Kids and Actually Get Repaid

Neal Frankle | Posted 10.07.2014 | Money
Neal Frankle

I'm generally against loaning money to family - including the kids. Instead, I recommend they find other resources. But sometimes lending money to kids can be a win-win. At the very least, it doesn't have to be a lose-lose.

How To Budget For Holiday Travel

WiserAdvisor.com | Posted 10.03.2014 | Money
WiserAdvisor.com

Many people start thinking about their holiday plans -- and their budget for those plans -- around October or November, just a month or two before they need to start traveling and buying gifts.

7 Things to Do Right Now Because Your Personal Data Is Under Attack

Andrew Wang | Posted 10.03.2014 | Money
Andrew Wang

It is the growth in our online shopping habits and preference to use plastic over cash that have increased our vulnerability to identity theft.

In a Same-Sex Marriage? Time to Focus on Financial Equality

PolicyGenius | Posted 10.07.2014 | Money
PolicyGenius

Here are some expert tips from professional financial planners and advisors on how a same-sex couple can best plan for a long and secure future together.

You've Inherited An IRA -- Now What?

Carrie Schwab-Pomerantz, CFP | Posted 10.01.2014 | Money
Carrie Schwab-Pomerantz, CFP

An inheritance can bring up conflicting emotions, placing the positive of financial gain against the sadness of losing a loved one. Complicating the situation further, certain inheritances -- such as an IRA -- are more difficult to sort out than others.

5 Millionaire Traders on the Biggest Mistakes You Can Make in the Stock Market

Timothy Sykes | Posted 10.01.2014 | Small Business
Timothy Sykes

No matter how many video lessons, blog posts, webinars, watch-lists and trade alerts I give, far too many of my students keep making the same mistake that prevents them from taking their accounts to the next level.

5 Budget Mistakes You Didn't Know You Were Making

SALT | Posted 10.01.2014 | Money
SALT

Think tracking your spending is all there is to money management? You might notice your debt shrinking and your savings growing, but you could be doing a lot more to fatten your piggy bank.

The Day I Told Oprah About Overcoming the Shame of Being HIV-Positive

Malcolm 'MJ' Harris | Posted 10.01.2014 | Gay Voices
Malcolm 'MJ' Harris

Loved ones kept encouraging me to be more open about my status as a path to healing my shame, but the thought literally petrified me. Would people judge me? Would my status distract them from the accomplishments I had made?