Save, Don’t Splurge, Once College Bills Stop Arriving
The kids are finally done with college and there are no more horrifying tuition bills ruining your mail. So what do you do? Splurge on gifts, fix up the house, take a vacation, pay bills, or stuff a little more cash into the retirement saving account you’ve been neglecting. If you are like many parents, you’ve been promising yourself for years that you will start saving for retirement in earnest once the children-related expenses end....
Back in the Black: Financial Coach Helps Call the Plays That Pay
Throughout Megan Sather’s childhood in Jericho, Vt., money ranked right up there with sex and religion. “Those were the three topics you were never to mention,” she said. Many other people — perhaps most people — had similar experiences, which Sather said might explain the stigma around the subject of money. Or perhaps it’s because people don’t learn financial literacy in school “and they feel embarrassed because maybe they’ve messed...
Back in the Black: Financial Coach Helps Call the Plays That Pay
Throughout Megan Sather’s childhood in Jericho, Vt., money ranked right up there with sex and religion. “Those were the three topics you were never to mention,” she said. Many other people — perhaps most people — had similar experiences, which Sather said might explain the stigma around the subject of money. Or perhaps it’s because people don’t learn financial literacy in school “and they feel embarrassed because maybe they’ve messed...
Many Americans One Crisis Away From Ruin
With people less worried these days about losing their jobs, Americans are feeling much better about their finances. Yet after the bills are paid, many people struggle to keep extra cash in the bank. Roughly one in four, or 29 percent, of Americans don’t have money set aside to cover emergencies, up from 26 percent last year, according to an annual survey from Bankrate.com. The findings pointed to the lowest saving rates seen in five...
Tips: Become Richer In Just One Year
Does it feel like it’s getting harder and harder to make it from one paycheck to the next? If so, you’re not alone. Nearly half of Americans are living without a savings safety net and wouldn’t be able to find the cash to cover a $400 emergency expense without selling something or borrowing money, according to a Federal Reserve report released in May. A separate report released in June by Capital One found that only 54 percent of...
