After marriage, couples typically combine a number of things – their belongings, their families and, often, their finances. While money ranks high on the list of things couples fight about most, experts say there are healthy ways to resolve – and even prevent – financial disagreements. Much of the problem couples have with money comes [...]
There are many ways to teach your children good money sense. You can fall back on stories of how you used to earn, save and spend money all those years ago. You can fill their heads with lessons on how important it is to be careful and wise with their money. However, the bottom line is [...]
If it was easy, everyone would do it. If it was easy to earn at least one million dollars, everyone would do it. As those who have joined the ultra-desirable millionaire club can undoubtedly attest to, earning and saving that much money takes time, commitment, discipline, and a careful focus on dollars and [...]
Follow these simple personal finance pointers to get your financial life in order. If you are just starting out, the world of personal finance can seem daunting. In particular, saving for a home or planning for retirement may seem like dreams too distant in the future to tackle now. However, there are some [...]
Bad habits — we all have them. Some are worse than others, and some can wreak havoc on your finances. You might be doing things with your money again and again that are keeping you in a financial rut. And that financial rut can have a long-term impact on your overall financial health. If you [...]
Nearly half of Americans are in debt, according to a GOBankingRates.com survey. A separate study found that paying off debt is the biggest source of financial stress in the U.S. Sometimes debt can help you get ahead, such as when you take out a loan to pay for college or start a business. Other times, [...]
Five years before they retire, older workers start focusing seriously on the big changes ahead, says Emily Guy Birkin, in her book, The 5 Years Before You Retire: Retirement Planning When You Need It the Most. In those last few years, you can get a lot done. Here is a countdown of some of the tasks [...]
When friends and loved ones finally raise their glasses to bid you a long and healthy retirement, you do not want to be worrying about how your bills will get paid. That is why it is so important to participate in your company's retirement plan now. On the road to retirement, however, other financial challenges [...]
If you're ready to start investing or ramp up your current investment initiatives but there just doesn't seem to be enough money left over at the end of the month, don't give up. The following strategies could help you manage your money better and free up resources for your investment goals. Start budgeting. While most [...]
Putting off retirement savings is a missed opportunity Most people start saving for retirement at 35—fully 10 years beyond the ideal age, according to a recent Financial Engines survey.1 Reasons to procrastinate are familiar to many. But delaying your savings can be costly, as the chart below shows. Let’s say Tom starts saving 6% of [...]
