Price-to-earnings ratio explained
When a shopper goes looking for a new appliance, perhaps a coffee maker, they may ask themselves questions like: “Is this worth the price?” and “What type of lifetime value will I get out of […]
How to make a budget in 5 simple steps
Creating a monthly budget can help you track your spending, save money and reach your financial goals. However, many Americans don’t budget their money, perhaps because the prospect of combing through bank statements and bill […]
25 bizarre things you probably didn’t know about credit scores
Credit. Love it or hate it; it’s part of your financial life. Your credit score can affect whether you get approved for a home loan, a credit card, and in some cases, hired for a […]
How much life insurance do I need?
The short answer could be to buy enough coverage to help address outstanding debts, while also providing enough money to beneficiaries for their financial needs. The real question, then, may be how to calculate that […]
How long should you hold stocks?
In a few clicks of a button, an investor might become the proud owner of new stock. Researching new stocks can be a hard-but-rewarding endeavor. And once a stock gets purchased, the real market ride […]
How to move investments from one account to another
In the age of P2P transfers and tap to pay, transferring funds has become as simple as a few small gestures. Money jumps between accounts in a matter of seconds. However, not all transfers are […]
What is cost basis?
It’s common for people to avoid thinking about taxes until filing season is upon them. Unfortunately, this can lead to missed opportunities to reduce tax payments. Planning ahead and understanding tax rules is useful for […]
6 surprises that can drain retirement savings
Two-thirds of workers across three generations – millennials, Generation X and baby boomers – are confident they’ll be able to retire with a comfortable lifestyle, according to “What is ‘Retirement?’ Three Generations Prepare for Old Age,” a 2019 survey of […]
Medical debt relief options
It may come as no surprise that Americans are stressed about medical debt and the rise of healthcare costs. With the average family insurance premium growing 54% in the past ten years, one-third of Americans are concerned […]
4 savings goals to reach in 2021
But then you’re online window shopping and the “add to cart” button is all too easy to push. Or your friends want to check out a new dining spot—and split the bill evenly. The next […]