If you follow any celebrities on social media (and let’s face it, it’s borderline impossible not to), you’re probably already familiar with their glamorous lifestyle, dreamy vacations, expensive cars and overly expensive clothes and accessories. […]
If you’re a parent who has always dreamed of sending your child to college someday, you’re probably well aware that tuition costs have increased pretty drastically over the past 20 years. According to data reported in an […]
Living debt-free means not having any outstanding debts in your name. That includes everything from credit cards to your mortgage. Having zero debt comes with many perks. Imagine a life where other than your basic […]
We read a lot about how women are falling behind financially — especially during the pandemic when women’s participation in the labor market is at its lowest level since 1986. It can be frustrating to […]
Saving money in your company’s retirement plan is one of the easiest ways to invest in your future. The money automatically comes out of your paycheck and is invested on a regular basis. Some people […]
If you’re brand new to investing, it’s easy to be overwhelmed at the sheer number of different stock market terms that exist. Maybe the daunting task of learning all of the different vocabulary surrounding the stock market […]
Do you plan to retire soon? The state you choose to call home may be something to consider as you prepare. The cost of living can vary considerably, with some states significantly less expensive than even […]
Gab Poska, a student at Stevens Institute of Technology in Hoboken, New Jersey, is one of thousands of young adults grappling with the financial fallout of the COVID-19 crisis. The biomedical engineering student is in […]
In many ways, the college application process is like a final project before graduating from high school. It requires students to use the skills they’ve learned — and the hard work they’ve already put in […]
The mortgage industry had a pretty good start to the year as rates fell and refinancing activity tripled compared to early 2019. However, as reported cases of COVID-19 surged throughout the United States in March, […]
If you’re looking for some inspiration and practical ways to smarten up your working-at-home setup, then you’ve come to the right place. Sometimes all it takes is a bit of Marie Kondo-style minimalism to transform […]
Whether putting money away for a rainy day or for retirement, good savings habits can prepare you for emergencies and life changes. While it may seem like a struggle, rest assured there are countless ways […]
The good old Windy City is known for its beautiful architecture, access to world class art and entertainment options and for having some really good pizza. While deep dish may not be reason enough alone […]
The expiration of the $600 boost to unemployment benefits would leave millions of Americans without a vital source of income amid a global pandemic. As of this writing, nearly 32 million Americans are claiming unemployment […]
There are a lot of millionaires in the U.S. You could become a millionaire too because joining the millionaire club is just a math equation involving time, the amount of money you save and the rate of […]
Retirement will likely be the biggest expense of your lifetime, which means saving for retirement is a big job. This is especially true if you envision a retirement that is rich with experiences such as […]
For many people, buying a home is the biggest financial commitment they’ll ever make in their lifetime, so it makes sense to carefully consider some of the pros and cons of each choice. To help, […]
One of the top questions I hear and read about is some version of, “How long will my money last?” In most cases, people are concerned about running out of money in retirement. With so […]
The stock market is often used as an indicator of the economy’s success. With so much weight attached to it, we must all have a full understanding of how investing works — right? Unfortunately, MagnifyMoney […]
It doesn’t get much sweeter than enjoying an ice cream on a hot summer day. In fact, the average American consumes more than 23 pounds of ice cream per year according to the International Dairy Foods […]
So, you’ve decided to move. Be it for a new job, a fresh start, for a new adventure across town, the nation, or the globe, moving is a great way to kick off change in […]
Some cars are safer than others. Does that translate into cheaper auto insurance? ValuePenguin’s analysis determined that less-accident-prone vehicles often have lower car insurance rates, while vehicles more frequently associated with fatal accidents have more […]
With the cost of living going up and the minimum wage going down, the number of poor retirees is on the rise. Workers can barely stick their necks above the waters, and people are forced […]
About 10% of Americans moved within the country last year, according to the U.S. Census Bureau. Though that number may seem small, its actual value is not — that amounts to an estimated (and whopping) 32 million […]
Investing in the stock market is one of the ways to grow your wealth over time. There’s a good chance that you won’t be able to meet your financial goals without investing, so it makes […]
Who hasn’t dreamt of all the crazy things they’d buy if they were to win the lottery? Or stared out into the night sky, wondering if there is some great-aunt out there planning to leave […]
Early retirement sounds good on the surface, and for many early retirees, they are having the time of their lives. Typical early retirees have expert-level knowledge of cash flow (in other words, money in vs. […]
Americans are notoriously bad at saving money. Not just in the traditional sense, for the big stuff we want, like a car, college, a home and retirement. But also for the little bumps and hiccups […]
Paying tuition with a credit card may seem like a fast tack to earning points, miles and sign-up bonuses. Plus, plenty of people are doing it — in 2018, almost 21% of tuition dollars were […]
Being debt-free is a hot topic nowadays. Everyone wants to know how to pay off their student loans, credit card debt or mortgage. Some people want to be debt-free because they’d like to save for retirement or […]