8 great money tips for 2021
As 2020 comes to an end, we are all taking a collective sigh of relief that one of the toughest years in recent history is almost over. We will head into 2021 with strength and optimism, […]
5 bullish indicators for a stock
When it comes to figuring out when to buy a stock, there are two main schools of thought: fundamental analysis and technical analysis. Fundamental analysis involves all the material aspects of a company: its sales, revenue, […]
Is employer life insurance enough?
Many jobs come with a benefits package on top of paid wages or salary, things like, health insurance, dental insurance and 401(k) retirement accounts. Employer life insurance may also be included in a benefits package […]
Get your free weekly credit report. Here’s how
If the state of your credit is a top concern while the coronavirus pandemic rages on, you aren’t alone. With millions at least temporarily unemployed, financial hardship and the credit implications that could follow are a […]
Is an employee’s student loan repayment benefit taxed as income?
For employees lucky enough to work for a company that offers a student loan repayment program, the benefits of this perk are clear: Employees get “free money” from their employers to help pay down their student loans. […]
Do I need life insurance?
If you’re trying to decide if you need life insurance, a good place to start might be to ask yourself: Would anyone be put at risk financially if I weren’t around anymore? If the answer […]
Stakeholder vs. shareholder: What’s the difference?
Though the words “shareholder” and “stakeholder” are sometimes used interchangeably in conversations about investing, there are important distinctions between the two. Both shareholders and stakeholders may have a vital interest in how a company is […]
The top 9 money resolutions Americans are making in 2021
Despite the general chaos of 2020, more than half of Americans will make a money resolution for 2021, and another 16% are undecided, according to the latest MagnifyMoney survey. Among those planning a 2021 money […]
15 money hacks to try in 2021
Like the rest of us, you work extremely hard for your money. Also, like the rest of us, you have some pretty important financial goals you want to achieve, whether that’s increasing your savings rate, […]
50 ways to pay down holiday debt & start 2021 right
The 2020 holiday shopping season has put many people in the red. Per a recent survey from LendEDU, 63% of Americans said they were taking on a record amount of credit card debt this year — a […]
10 money habits of highly effective couples
First comes love, then comes commitment, then comes financial partnership. Individuals who come into a relationship with solid money habits have an advantage, but to make love work, it’s essential to merge skills to make […]
How to spot a credit-repair-scam
Have you been rejected for new credit or denied the best rates because of negative marks on your credit report? Then it might be time to consider repairing your credit. Credit repair might seem complicated, but […]
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 […]
How teens can set a holiday budget
As the holiday shopping season officially begins next week, it’s time to break out the holiday music and sip on one of Starbucks’ famed peppermint mochas while you make your list, check it twice and […]
Money management for college students
Parents expect that their children will head off to college with concerns about fitting in, finding friends, and not failing classes. What they may not think about, is the stress students may have from worrying […]
7 ways to manage your money if you can’t afford Christmas
The holiday season is here. For some, this is a wonderful and exciting time of the year. But for those who can’t afford Christmas, it can be rather stressful and depressing. For the last few […]
Conservative investing explained
Investing is sometimes equated with gambling: People can win or lose big, and the whole endeavor can seem like risky business. But not all investing is seen that way. In the investing world, there are […]
7 ways you can profit from your credit card
Some people still think credit cards should be avoided at all costs. I happen to think they’re very wrong. Credit cards, used correctly, are convenient, useful, and an almost inevitable part of adult life. They can […]
Holiday deal-hunting tips for teen shoppers
While many Americans have already started getting into the holiday spirit, Black Friday and Cyber Monday marked the beginning of the holiday shopping season. Last year alone, nearly 190 million Americans waited in line at their favorite […]
9 low-risk investments to consider for your portfolio
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone and is not intended to be a source of investment advice. It may not have not been reviewed, commissioned […]
How do negative interest rates work?
When you put money in the bank, the bank pays you interest. In exchange you allow them to lend out your cash to other bank customers. But what if that interest rate was negative? Would […]