One of the biggest challenges that individuals face as they create a monthly budget is balancing saving for retirement with their other financial goals. Finance experts recommend saving as much as possible for retirement starting at the outset of one’s career. That said, younger professionals generally have a number of other goals in mind first,… Continue Reading
Retirement plan consolidation can make sense as a means of simplification, but it can also have investment ramifications. Continue Reading
By simplifying a wide range of financial services, fintech is helping millennials and other young people make smarter long-term financial decisions. Continue Reading
A number of different factors go into a credit score, and some people work for years to move their score into the good range. In general, people who have credit scores above about 700 are in decent shape, but those in this situation often wonder how to take their credit score from good to great.… Continue Reading
Thinking about these five key considerations can help individuals understand what they need from a financial advisor. Continue Reading
While using a financial advisor involves an expense, hiring one will likely prove beneficial in the long run. Continue Reading
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
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
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
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