A new study by the National Bureau of Economic Research tells us that if you are behind on your retirement savings in your forties and fifties, all is not lost. You will still have time to make up much of the gap. The only catch is, you may have to work a little longer than… Read More
Rising National Credit Card Debt (as reported by Kathleen Elkins on www.cnbc.com)
How much credit card debt do you currently hold? Curious how that stacks up against the rest of the US? New data collected by WalletHub, a free credit reporting site, tell us that the average American family owes about $8,300 on their cards. That figure is from 2016, the most recent year available, and is… Read More
Pay Off Credit Card Debt Faster (as reported by Stephanie Colestock on www.fivecentnickel.com)
The average amount of credit card debt that American families hold is just under $10,000. If you don’t have any credit card debt, congratulations. You are in the minority in our credit-addicted culture. Whether your credit card debt is $10,000 or $100,000, you probably want to know the best way to pay it off and… Read More
Which Tax Software to Choose (as reported by Rob Berger on www.doughroller.net)
We are getting to that time of year when the major tax software companies begin to bury us all in their advertising. The three biggest companies – TurboTax, H&R Block, and TaxAct – all offer a free option. But they just use that to get you hooked, hoping that you’ll opt instead for one of… Read More
Getting Over Your Investment Fears (as reported by Matt Becker on www.thesimpledollar.com)
There are a number of reasons why people choose not to invest in the stock market. Could it be that they don’t know how to get started? Maybe they are afraid they will lose their money. Or perhaps they don’t believe they have enough money to invest. In fact, 61% of Americans between the ages… Read More
How do Credit Card Interest Rates Work? (as reported by Ramit Sethi on www.iwillteachyoutoberich.com)
A popular way to compare credit cards is to look at their interest rates. When we talk about a credit card’s interest rate, what we are talking about is how much they will charge you if you fail to pay off your balance in full each month. An interest rate of 15% (common these days)… Read More
Should You Go to Graduate School? (as reported by David Tanofsky on work.qz.com)
For many people, deciding whether or not to attend graduate school can be one of the toughest decisions to make. On the one hand, most professions do not require an advanced degree. And staying in, or entering, the work force provides immediate income and other benefits. However, in some cases, graduate school can lead to… Read More
How Will the New Tax Bill Impact You? (as reported by Reuben Fischer-Baum on www.washingtonpost.com)
With just days left before the end of 2017, President Donald Trump signed his first major piece of new legislation. The tax bill signed into law, which has already taken effect, is the biggest rewrite to the country’s tax policies in thirty years. But trying to figure out what’s in it, and how it affects… Read More
How to Save More Money (as reported by Anna Bahney on money.cnn.com)
The amount of money you are able to save depends on two key factors: How much you make How much you spend The world around you is filled with companies and advertisers competing for your attention, and your hard-earned money. They are constantly working to get you to spend more. For that reason, you need… Read More
Which Debts Should I Pay Off First? (as reported by John Ulzheimer on www.thesimpledollar.com)
Many of us will go into debt at some point in our lives. These days, it is hard not to. But the important thing to remember is that going into debt is not the end of the world, as long as we understand what we have to do to recover. Are you looking to understand… Read More