A patient at the Veterans Affairs Medical Center in Washington, D.C. Jeff Hutchens | Getty Images President Donald Trump signed a memorandum on Tuesday to automatically cancel the student debt of tens of thousands of disabled veterans. “Today I’m proud to announce that I am taking executive action to ensure that our wounded warriors are
Wealth Management
Former NFL star Akbar Gbajabiamila likes to have a game plan, especially when it comes to his money. It began to formulate when he was playing football and is still key to his success today. “The way I make my winning financial game plan is by surrounding myself with people who are smarter than me,”
Hero Images | Hero Images | Getty Images If you’re looking for some of the nation’s most charitable donors, turn toward Beantown. Residents of the Boston-Cambridge-Quincy metro area were among the top three most generous cities based on gifts made to charities centered on the arts, education, the environment, health and human services, according to
If you’re hoping to snag the best-available terms on a loan, a standard rule of thumb about credit card usage could end up standing in your way. The common advice is to keep revolving debt below 30% of your available credit so that your utilization rate doesn’t hurt your credit score. Yet experts say your
Hero Images | Hero Images | Getty Images Even if your employer offers you health insurance at work, chances are you’re shelling out more money for medical care. Last year, employers spent an average of $15,159 in premiums to cover a family of four, according to an analysis from the Kaiser Family Foundation. In all,
Hero Images | Getty Images This isn’t your mother’s or grandmother’s retirement. If you’re a woman in your 50s, the chances are greater than ever that you’re not married, either because you’re divorced or because you’ve never walked down the aisle. That’s according to a recent study from the Center for Retirement Research at Boston
Tricking yourself may be an effective strategy for getting better at managing money. Some people swear by spreadsheets, others by budgets. But what about people who freeze up at the very idea of using a calculator? It’s easy. Or not as hard as you’d think. Make a few behavioral changes. It’s mind over money, and
Glenn Daily, a fee-only insurance consultant, owns a whole life insurance policy. Glenn Daily Roth IRAs and Roth 401(k) plans aren’t your only sources of tax-free income in retirement. Say hello to so-called permanent life insurance — a policy with an interest-bearing account that’s known as cash value. This cash value accumulates without being subject
Steven Puetzer | Getty Images “Stock market gets ugly.” “The next recession is going to be brutal.” “Markets in turmoil.” Headlines of late on the direction of the economy — or, perhaps closer to home, your 401(k) balance — might have you on edge. Breathe. It’s O.K. If you haven’t already done so, you can
Back to school is an increasingly costly time of year, particularly for families with college-bound children. A college education is now the second-largest expense an individual is likely to make in a lifetime — right after purchasing a home. Tuition and fees for a four-year private college averaged $35,830 in 2018-19; at four-year, in-state public