For a variety of reasons, some perhaps still unknown, more financial aid for education has been going to children of families who don’t need it rather than the poorer families who can’t afford college without it. As the Obama administration once again begins to address income inequality and its relation to education, it is becoming… Read More
Better Emergency Funds (as reported by Mandi Woodruff on finance.yahoo.com)
Saving money in case of emergencies is a good idea, there is no arguing with that. People lose their jobs, houses need repairing, health bills must get paid. But how you save for emergencies is a topic worth some debate. Because most people to date would consider the best way to save for emergencies is… Read More
Don’t Overpay Your Taxes (as reported by Sean Williams on fool.com)
If you work a job where you get a paycheck, your taxes are likely taken out of your paycheck automatically. The amount of the withholdings is based on your W-4. But it may not be the right amount. If you end up getting a tax refund every year, it means that you are overpaying your… Read More
The Rule of 752 (as reported by Credit.com on blog.mint.com)
You first goal in building wealth should always be to earn more than you spend. In order to do that, most people look to cut expenses. It’s natural to first look at your bigger costs, but don’t ignore those smaller and more frequent expenses. The Rule of 752 can help you pay closer attention to… Read More
Every Job In America (as reported by Quoctrung Bui at NPR’s Planet Money Blog)
Economists estimate that there are approximately 137 million jobs in the United States. How are they distributed? It’s clear that over the past decades America has moved from a focus on goods production to a largely service industry. Planet Money has charted this detail from U.S. government’s monthly jobs report to illustrate the size (in… Read More
Personal Finance Review for Millenials (as reported by Sara Roncera-Menendez on mashable.com)
Personal finance education being what it is, many young Americans leave college to join the workforce and live out on their own without a basic understanding of their own finances. And more than that, they don’t know where to turn for knowledge or advice. Sara Roncera-Menendez has put together for Mashable a fundamental introduction to… Read More
How to Avoid Phishing Scams (as reported by Trent Hamm on thesimpledollar.com)
One of the fastest ways to get into financial trouble in this modern age is to fall victim to a scam. Commonly referred to as phishing, email and other online financial scams continue to affect people all around the world. But learning how to recognize and avoid such scams can be simple, if we just… Read More
More ideas for financial resolutions in 2014! (as reported by the Wall Street Journal)
It is time to celebrate the passing of 2013 and to usher in 2014, bringing with it many New Year’s resolutions. This year, why not make a realistic and achievable commitment to improving your personal financial knowledge and well being? There are a number of simple steps which can make a drastic improvement in your… Read More
Improve Your Finances in 2014 (as reported by Kimberly Palmer on finance.yahoo.com)
Make one of your New Year’s Resolutions this year to make 2014 your best financial year ever. And to help you accomplish that, Kimberly Palmer has put together this article listing 25 ways to improve your finances in the New Year. It starts by having the right attitude about money and setting your financial roadmap… Read More
When to Buy Insurance (as reported by Kevin on 20smoney.com)
The best laid plans don’t guarantee financial success. That’s because life is unpredictable. But you can be prepared for the unexpected if you buy the right kind of insurance. Everyone should look into the following types of insurance, depending on where they are in life: Life Insurance, Travel Insurance, Renters Insurance, Health Insurance, Car Insurance,… Read More