David Shepherd

20 Flips | 2 Magazines | 185 Likes | 9 Followers | @davidkshepherd | CREATOR OF LET'S AUTOMATE YOUR MONEY | MODERN PERSONAL FINANCE FOR MILLENNIALS

Here’s how much you need to save each month to be a millionaire in 10 years

Becoming a millionaire isn't the challenge it once was. In fact, you may already be on track to reach seven figures by age 67.<p>But what if you want to …

Personal Finance

7 Ideas on How to Make Money With Side Hustles

Money

I'm a millionaire who creates zero jobs. Why do I pay less tax than you?

In 2013, just a few years after the 2008 financial crisis, I was part of BlackRock’s Financial Markets Advisory Group working for the Greek Central Bank, assessing the capital requirements of the bailouts of the Greek banks. I was on the top floor of a bank building in Athens with about 20 bank …

Finance

Millennials explain why they have nothing saved for retirement

Pensions are disappearing.The future of Social Security is uncertain. It's likely we'll live longer lives.<p>But most Millennials still aren't putting away any money for retirement.<p>About 66% of people between the ages of 21 and 32 have absolutely nothing saved for retirement, according to a report …

Retirement

50 Personal Finance Habits Everyone Should Follow

Start by spending less than you earn every month.<p><i>From time to time we bring you posts from our partners that may not be new but contain advice that</i> …

The power of compounding ~ Get Rich Slowly

Shares 196<p><i>So much</i> of financial success involves good habits practiced over long periods of time.<p>Yes, you can still have a positive impact on your …

Millennials aren’t investing in the markets. Here’s why.

More than 60% of millennials prefer to store their retirement savings in a bank instead of investing, according to a study published by NerdWallet, and financial expert Chris Hogan said that’s because they’re afraid of the stock market.<p>“People tend to fear what they don’t understand,” Hogan told …

3 steps to tame your debt in an hour or less

Maybe you’re afraid to face your bills, or just don't know how to start paying them off. What you do know is you want relief from too much debt.<p>Here are three concrete steps to help you get a handle on debt, each of which can be done in an hour or less:<p>1. Add it up<p>“The first step to getting control …

Personal Finance

Stocks as a Gift for Your Kids Could Pay Dividends

Are you searching for a gift for a young person in your life that will last a lot longer than the paper it’s wrapped in? Here’s a possible solution: …

How the Republican Tax Plan Would Affect These 5 Households

Now that we know the details of the tax reform bill, how could it affect American taxpayers?<p>The Tax Cuts and Jobs Act was released by GOP leaders on …

THE UNCENSORED STORY OF HOW I WENT FROM BROKE TO A MONEY BADASS

Personal Finance

Millennials are better at saving than the rest of us

Young people are saving money and planning ahead.<p>About 60% of Millennials who are limiting their spending in some way are doing it to save money for the future, according to a new survey from Bankrate. That beat out other reasons for cutting back like paying off debt or concern about the economy, …

Personal Finance

The Smartphone App That Completely Changed the Way I See Money

How one freelancer learned to "pay herself first" even when she wasn't sure when she was getting paid.<p>“Pay yourself first.” It’s one of the most basic tenets of personal finance — the idea that you should pay yourself, i.e. put your money into savings, before you spend on anything else.<p>It makes …

Personal Finance

It's official: When a bank screws you over, you're on your own

Senate Republicans do not want their constituents to be able to defend themselves against banks and credit card companies.<p>The Senate split its vote …

Millennials are breaking the one big salary taboo — and it's changing how companies operate

The talkative youngsters of the office are using their voices to make the workplace more equal.<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 discussing their salaries with coworkers, friends, and …

Demographics

Here’s how the government just made it easier for companies to rip you off

The Senate voted Oct. 25 to end a major consumer safeguard designed to stop banks and other financial institutions from slipping certain language …

7 Mistakes That Will Kill Your Credit Score

A bad credit score can cost you tens of thousands of dollars, so learn what not to do so that your score doesn't get whacked. Better still, learn how …

College grad jobs

Are you planning to go into one of these industries?Getty<p>College seniors looking ahead to their job prospects after graduation should rejoice hiring figures coming out of a survey from Michigan State University.<p>Hiring is expected to increase 19% in 2018, according to MSU’s Recruiting Trends survey, …

College & University

Uber's new credit card targets Millennials

Now there's a credit card for the Uber generation.<p>The ridesharing company announced Wednesday it's launching a credit card that rewards Uber users by integrating tracking and redemption of points into the Uber app.<p>"Our customers have busy lives -- they are dining, traveling and shopping -- and we …

Personal Finance