Everybody wants a solid financial plan, yet more than 40% of Americans don’t have one. Unless you develop a formal strategy – such as a written plan – you might well find any financial goal elusive. Here are nine tips for planning.
Did you know that the average adult in the U.S. carries $5,596 in consumer debt? That fact alone might account for credit cards’ bad rap. Your careless use of credit can wreak havoc on your finances in a variety of ways.
You share life and all your love with your spouse or partner, but is one of you detached from money matters? Here’s why and how to find more balance in your financial decision-making.
The winding down of sun and fun marks a good time to check on your financial health. Here are five important tactics for the rest of summer.
The debt of student loans can feel like an enormous burden. If you’re a millennial (born in the 1980s and early 1990s), you like many of your contemporaries may hold back as you struggle to afford minimum payments while you save for everything else in life. Here’s how to get your newly graduated head above water.
Parents and grandparents who signed on to their kids’ private student loans are having trouble getting out of them, even when their student is successfully paying back the debt, a new report suggests.
In a perfect world, parents and educators (not to mention society) work hard to make sure that children are financially literate and consider money skills just as important as reading, writing and arithmetic. Our world sure doesn’t work like that, and you need to help your young kids learn basic financial skills the old-fashioned way: Teach by doing.
Congratulations, recent graduate: You just landed your first job and entered the real world. Now come tough questions about your financial well-being. Your decisions when starting out – from how to save to what to spend – influence your life far into the future.
My worried clients had needs for the future, but no idea how to get there. I looked them in the eye and told them how they’d get to where they wanted – through a sound discipline of saving money automatically, year after year, religiously.
Yes, you can get a bad financial plan, one that doesn’t cover every facet of your life. Like matching your income and your spending.