Category Archives: Investment

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

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

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

6 TED Talks on Personal Finance You Need to Know About

6 TED Talks on Personal Finance You Need to Know About

People who want to learn about personal finance have more tools than ever before with the growing popularity of blogs, podcasts, and more. One of the best resources that individuals can use to learn more about taking control of their finances are TED Talks, a series of presentations providing unique insight on a particular subject… Continue Reading

7 Ways to Change How You Think about Personal Finance

7 Ways to Change How You Think about Personal Finance

People often think that managing personal finances boils down to saving money whenever possible and minimizing spending, but this is a very simplistic point of view. In reality, one’s financial wellbeing is more about mindset than actions. While actions are what get people out of debt and boost their savings, individuals need to take the… Continue Reading

5 of the Most Problematic Personal Finance Regrets Americans Face

5 of the Most Problematic Personal Finance Regrets Americans Face

A survey that Bankrate conducted last year showed that only 20 percent of American adults have no financial regrets, while more than 70 percent of respondents said there were very specific mistakes that they wish they had not made. Among the respondents’ biggest regrets, the one cited most often was not starting retirement savings early… Continue Reading