It’s easy to tell yourself stories about the dangers of investing your money. And you can always find good reasons not to do it: It’s too dangerous. Too hard. Too confusing. These are the common excuses for not putting your money where it will do you the most good: the stock market. chee gin tan |
Wealth Management
Even with the jobless rate at 3.7%, near a 50-year low, you may have to speak up if you want to get a raise in the year ahead. Wage growth has been sluggish throughout the economic expansion, only recently breaking 3%, despite low unemployment and a tight labor market. Still, most of those gains have
Fertnig | E+ | Getty Images Some people are just fine with paying a little extra to the tax man. In fact, 42% of adults polled by NerdWallet said that they would prefer to overpay on federal income taxes, even if it means they’re taking home less money for the entire year. The personal finance
For some retirees who are on Medicare, the workforce ends up beckoning them back — and one result can be employer-sponsored health insurance. While that coverage could mean you (and your spouse) are able to drop parts of Medicare and pick them back up again down the road without paying penalties, the move might come
RichVintage | E+ | Getty Images The Great Wealth Transfer is coming. About $68 trillion in U.S. wealth is expected to change hands in the next 25 years, according to research firm Cerulli Associates. Yet as wealthy individuals plan for how to pass on those assets, many are not discussing it with their heirs. A
If you’re anxious, take a closer look at your money. Maybe it’s making you sad. “Happy money” makes you smile and lifts your spirits when you think about it, says Japanese self-help author Ken Honda. Honda’s main focus is the intersection of personal finance and happiness. In his new book, “Happy Money, ” Honda says
When it comes to retirement savings, theory often differs from reality. On average, Americans believe they need $1.7 million to retire, according to a recent survey from Charles Schwab, which looked at 1,000 participants in 401(k) plans nationwide. In fact, “that’s a pretty good number if you average out age and median salary across the
Back-to-school shopping at a Target store in West Hollywood, California. Joe Scarnici | Getty Images Add “learning financial literacy” to your child’s back-to-school to-do list. With only a few weeks left of summer, parents around the country are heading to stores to pick up items on their child’s school shopping list. Families with children in
A string of pending proposals on Capitol Hill could change the way current and future retirees live. But that’s assuming they can first get through both Houses of Congress. The U.S. Capitol Building in Washington, D.C. Adam Jeffery | CNBC And time is ticking as August recess has already begun. After that, there’s just four
Six years ago Becky Beach, now 37, was dating a well-dressed business analyst with a fancy car. He proposed with a diamond ring. The relationship soured when he confessed, while house shopping, that his credit was in the gutter. His lavish spending had caused him to rack up $150,000 in credit card debt. “I ended