American Consumer Credit Counseling

98 Added | 6 Magazines | 4 Likes | 2 Following | @ConsumerCredit | ACCC is a nonprofit credit counseling agency. View our State Licensing Info: http://www.consumercredit.com/about-us/state-licensing/

4 Reasons Americans' 401(k) Balances Are Too Small

Can you beat the median 401(k) balance?<p>Only around half of all households have 401(k) accounts. Even for those who do, the median 401(k) balance for …

Retirement

This Surgeon Retired at 47 to Become a Painter. Here's How She Did It

'Whatever you want to do, there’s some way to make it work.'<p>Susan Emmerson still remembers the day she turned in her beeper and walked away from her …

Retirement

Retirement Resolution Insight & Tips to Get Started

Retirement takes a plan. Not only that, it takes determination. If you have been avoiding or neglecting your retirement, New Year’s might be the …

Preparing to Buy a Home for Millennials

Deciding to buy a home is a big step in any person’s life. The one thing that can make this milestone even more monumental is if this will be your …

Need Multiple Savings Accounts? Here’s Where to Bank

You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to …

Personal Finance

Most Americans can’t answer these 4 basic money questions

What you don’t know can hurt you — financially.<p>Americans lack of knowledge about their personal finances costs them an average of $1,171 per person, …

Millennials

Retirement: 6 Tips for juggling retirement and college savings

Every parent wants what’s best for their child.<p>But ensuring that there is enough money to pay for retirement needs and education costs means planning ahead and finding the right balance.<p>“I use the ‘airplane oxygen mask’ concept,” advising parents to secure their own mask before assisting their …

Retirement

5 Facts About Social Security Every Retiree Should Know

It pays to boost your Social Security knowledge. Here's some info to start with.<p>Countless retirees depend on Social Security for a huge chunk of …

Social Security

I'm a financial adviser managing $2.5 billion — here are the 7 most important things I can tell you about how tax reform will affect you

• <b>President Donald Trump signed the final version of the Tax Cuts and Jobs Act of 2017 into law December 22.</b>• <b><br>The new tax law will enact massive changes in the tax code, affecting businesses and individual Americans alike.</b>• <b><br>Changes that may affect you include the elimination of SALT deductions, reduction</b> …

Retirement

Why Buying a Home Just Got a Lot More Complicated

Buying a home has always been a difficult process. But this year the new tax rules, the stronger economy, and rising interest rates have made the …

Mortgages

Will You Be Able to Get a Mortgage in 2018?

With a fresh year beginning, now is the perfect time to assess all the goals you hope to accomplish in 2018. For many, included in that list of …

Mortgages

When Is the Best Time to Buy Furniture?

Shopping for furniture that suits both your style and budget is a tough, but not impossible, task. Making your purchase at particular periods of the …

Furniture

3 Ways to Adjust Your Retirement Savings for 2018

After a year of 22% stock gains.<p>When it comes to investing their retirement savings, investors have had it easy in recent years. Last year, U.S. …

Finance

Millennials are breaking the one big salary taboo — here are 6 reasons why

Ask a baby boomer about their salary, and you'll probably get a dirty look. But ask someone in their 20s or 30s, and the response might be different.<p>According to a survey conducted by The Cashlorette, a personal finance site run by Bankrate, people 18 to 36 years old are far more comfortable …

Millennials

Here's a breakdown of the average American's household debt

How does yours compare?<p>Americans certainly don't seem to be shying away from debt, and a new NerdWallet study further drives home this point. Without further ado, here's how much the typical U.S. household owes in four major debt categories:<p><b>Type of Debt</b><p><b>Total Owed by Average U.S. Household</b><p>Credit card<p>…

Personal Finance

Retirement planning: Here's how much money you should have saved at every age

When it comes to savings, Americans are falling short. Nearly 70% of adults have less than $1,000 in their savings accounts.<p>Retirement funds are looking equally bleak. In fact, about half of US families have zero retirement account savings.<p>"Particularly the younger generation likes to think, 'I'll …

Retirement Planning

Top Stock Picks for 2018, According to People Who Have Beaten the Market

Expert advice for your stock portfolio.<p>How can you tell which stocks are likely to outperform? One simple way is to ask professional stock pickers …

Investing

1-Minute Read: 5 Super Cheap, Super Healthy Foods

Your 2018 resolution to get healthy doesn’t need to compete with your resolution to spend less. Below are five affordable, healthy foods recommended …

Eating

Use These Free Calculators to Figure Out Paycheck Tax Deductions

How can you figure out how much money you'll take home when you get paid? What will you net after taxes and other deductions are taken out of your …

Personal Finance

21 Things You Should Make Your Kids Pay For

Kids who need money are more likely to work, and working outside the house helps them develop valuable skills.<p>Whether they receive it from relatives …

Kids

The Building Blocks of Bitcoin

Bitcoin

Why carrying a credit card balance isn't a bad thing

Carrying a balance on your credit card doesn't necessarily make you an irresponsible credit card user.<p>It's generally a bad thing to carry a balance on a credit card. The typical credit card charges an interest rate of about 15% per year on balances, with some rising as high as 29% when penalty …

Personal Finance

The 6 Most Popular Types of Debt Ranked from Worst to Best

There are tons of reasons why people choose to take on debt: You could acquire sizable student loans to help cover the cost of your undergraduate degree, accrue a small balance on your credit cards with unexpected holiday spending, or even take out a short-term cash loan to cover the rent until …

Kaiser Family Foundation

5 things you can do by year end that could trim your tax bill in 2018

The new year is almost upon us, and last-minute shopping, holiday parties and work deadlines are cramming everyone’s schedule. But taking some time …

Personal Finance

3 Ways the GOP Tax Plan Would Affect Homeowners

Under the GOP's final tax bill, millions of Americans will lose the tax benefits they enjoy from owning their homes.<p>The GOP tax plan would bring big …

How to lower your housing costs, whether you rent or own

When you look at your budget, what is your largest monthly expense? For most people, that would be your cost for housing.<p>Whether you own a house or rent an apartment, that monthly payment going to your mortgage lender or landlord can take a big chunk out of your paycheck.<p>Americans spend on average …

Housing

Escrow, Title, And 8 Other Terms To Know Before Buying A House

To play the home-buying game, you need to speak the language.<p>Real estate, like any other business, comes with its own language. The catch is that most first-time homebuyers don’t speak it, which can lead to them being at a tremendous disadvantage in deal-making. Even an open house isn’t exactly …

Real Estate

The 5 Biggest Money Mistakes You're Making (and How to Correct Them)

<i>When it comes to your finances, do you take a head-on or head-in-the-sand approach? If you identify with the latter, the good news is you’re not</i> …

Personal Finance

Understand These 7 Types of Investments and You'll Practically Be a Pro

<i>When it comes to your finances, do you take a head-on or head-in-the-sand approach? If you identify with the latter, the good news is you're not</i> …

Retirement

4 First-time Homebuyer Mortgage Options

As a first-time homebuyer, there are several exciting and helpful lending products and programs to help you land your first home. The terms of these …