6 Changes to Social Security in 2019 That Beneficiaries Need to Know about

6 Changes to Social Security in 2019 That Beneficiaries Need to Know about

In the United States, more than 62 million people rely on Social Security as a source of income, including about 43 million retirees. Recently, the Social Security Administration (SSA) announced some important changes to benefits that will begin in 2019. Individuals who rely on this income need to make sure that they understand these changes… Continue Reading

6 Great Apps that Beginning Investors Can Use to Get Started

6 Great Apps that Beginning Investors Can Use to Get Started

The advent of smartphones has spawned a number of apps to help people with personal finance goals, from budgeting to becoming debt-free. Beyond these uses, apps can also help novices gain confidence with investing. Given the wide range of different investing apps available, it’s important to think hard about your particular investment goals and to… Continue Reading

How to Decide between Paying off Debt and Investing Money for Growth

How to Decide between Paying off Debt and Investing Money for Growth

In the United States, it is very common to carry debt. According to a survey conducted by Pew Charitable Trusts, about 80 percent of American households have some kind of debt. The most common form of debt is a mortgage, although many individuals also have other monthly liabilities. These may include unpaid credit card balances,… Continue Reading

Spotlight on the Robinhood Investing App

Spotlight on the Robinhood Investing App

Many people rely on apps to guide their personal finance decisions, create strategies for getting out of debt, and to track their financial health. One app that has quickly been gaining popularity in recent months is Robinhood, which aims to help people make money through stock investing without paying a commission. The app mostly attracts… Continue Reading

5 Tips and Strategies for Introducing Children to Personal Finance Issues

5 Tips and Strategies for Introducing Children to Personal Finance Issues

It’s a sad fact that the public school system in the United States does little to introduce children to the concept of money and financial responsibility. Even at the college level, colleges typically only offer such classes as an elective, if at all. The results of this lack of financial education are clear: a report… Continue Reading

These Are 5 of the Steps You Need to Consider If Your FICO Score Is 740 or Above

These Are 5 of the Steps You Need to Consider If Your FICO Score Is 740 or Above

Repairing a poor credit score takes a lot of diligence and work, but the payoff can be very exciting. For many people, reaching a credit score of 740, which is widely accepted as the threshold between good and very good credit, is a major milestone. At this point, individuals become candidates for virtually any form… Continue Reading

5 of the Best Smartphone and Online Apps for Becoming Debt-Free

5 of the Best Smartphone and Online Apps for Becoming Debt-Free

Modern technology provides a wide range of tools for taking control of our personal finances. While many people have heard of Credit Karma, which provides guidance with improving personal credit scores, or Mint, a budgeting app, individuals may be unaware of the many specialty personal finance apps out there. For example, a number of excellent… Continue Reading

5 Simple Ways to Maximize Your Income during Retirement

5 Simple Ways to Maximize Your Income during Retirement

One of the most pressing concerns for people nearing retirement is the possibility of running out of money. Unfortunately, this fear is grounded in reality. The Employee Benefit Research Institute (EBRA) reports that more than 80 percent of Baby Boomers in the lowest income quartile will run out of money within two decades of retirement.… Continue Reading

5 Enlightening Tips for Managing Debt Effectively after Retirement

5 Enlightening Tips for Managing Debt Effectively after Retirement

In an ideal world, people retire after they have paid off all of their debt. However, this is not always possible for a variety of reasons. While you should try to eliminate debt in the years leading up to retirement, many people stop working while they still have monthly credit card bills, mortgage payments, and… Continue Reading

7 of the Best Free Online Courses to Learn More about Personal Finance

7 of the Best Free Online Courses to Learn More about Personal Finance

No one is born with innate financial knowledge. Unfortunately, this truth means that many Americans will have some major regrets in terms of how they handle their personal finances. On the other hand, individuals today have more tools than ever before to learn about personal finance and possibly avoid some of the most common mistakes.… Continue Reading