Money

How a Navy vet took his net worth from -$6,000 to $1.85 million while making under six figures

Boeing engineer Michael T. Miller doesn't regret buying his "most recent toy," a 1995 Ferrari F355 Spider, though he does wish it didn't cost him so …

Wealth

From birth to college: How to budget for having kids

This article is reprinted by permission from NerdWallet.<p>At some point between the pregnancy test and due date, you realize: Life will never be the same. Becoming a parent should bring mostly excitement and joy, but a little bit of panic is normal, particularly when you think about the family budget.<p>…

Personal Finance

How this couple paid off $200,000 of debt in 2 years

It wasn't too long ago that Sunethra Muralidhara was buried under a mountain of debt.<p>She had taken out loans for undergraduate and law school, which put her about $200,000 in the hole. But she wasn't too worried about it at the time. She figured her law degree would be worth it and everyone always …

S&P Dow Jones Indices

Finally, an Answer! 4 Reasons Why Millennials Are Waiting to Buy a Home

Fewer millennials are buying homes today than in years past. Here are the factors influencing this trend.<p>Say what you will about millennials and …

Credit Scores

Want to be rich? Here's all the advice you'll ever need

I’ve been offering financial advice professionally for nearly 40 years. I’m also a millionaire several times over.<p>During my decades in the trenches, …

Wealth

Sina +2.2% as it distributes part of Weibo stake to holders

The board at Sina (SINA +2.2%) has signed off on the distribution of shares of its unit Weibo (WB -1%) to shareholders, trimming its stake.<p>Sina will …

Mad Money

Summer jobs: Help your teen use their earnings wisely

Teens with summer jobs might be earning their own money for the first time — but it won’t be the last. The money habits they learn now could last for decades.<p>Here’s how to help your teen make the most of a job and those paychecks.<p><b>Encourage goal-setting</b><p>Susan Beacham, founder and CEO of financial …

Personal Finance

How to earn more on your emergency savings

<b>When it comes to emergency savings, a common practice is to hold money in a liquid money-market fund or a bank checking or savings account. But I recommend an alternative: a high-grade, short-term bond fund.</b><p>For one, the money can be just as liquid–unless, of course, you need to write a check today. …

Financial Planning

How to Switch Camera Brands Without Losing Money

I have switched camera brands multiple times over the last 10 years, and have always had the latest-and-greatest gear. I shot a Canon camera system …

Cameras

The dangers of dating while broke

“Should we go for it?”<p>This was all my fault. I suggested oysters for our first date because we’d chatted about how much he loves the ocean, how much I love oysters, and how his family trips to the Oregon coast had never included these slippery little shellfish. But this delicately lit restaurant …

Relationships

Many Americans are unaware of the costs of bad credit, survey shows

Twitter SDK Facebook JSDK<p>Credit scores are easier to access than ever, but according to a new NerdWallet survey, 11% of Americans have never checked theirs.<p>Harris Poll and NerdWallet surveyed more than 2,000 Americans about their knowledge of bad credit and credit scores. We found widespread …

Credit Scores

Trump Budget: Child Care, Earned Income Tax Credits Would Require Social Security Number

We'll start at the beginning. Yes, apparently receiving tax breaks from the U.S. government for child care or low wages doesn't currently require …

Social Security

I'm saving $20,000 in 10 months — here's how

Last year, I submitted my last student loan payment: After seven months, I’d paid off nearly $14,000 of undergraduate debt <i>and</i> saved up a couple months’ worth of expenses in an emergency fund. So I focused on increasing my safety net and saving for my upcoming wedding and honeymoon.<p>Then six months …

Personal Finance

Being successful with money only takes 5 steps — but you have to keep doing them

Getting your money in order doesn't have to be a pain.<p>"There are really only five things you have to do in order to have a successful life," financial editor of NBC's "Today Show" Jean Chatzky told Business Insider in a Facebook Live interview, "but you have to do them over and over again."<p>Chatzky, …

Retirement

Banking on an inheritance? Think again, retirement expert says

For those who think they will be able to live off their inheritance, think again. Banking on your parents leaving you money is a dangerous thing, according to a retirement expert.<p>“When it comes to an inheritance, let’s acknowledge, this is something parents are intentionally doing. They are leaving …

Retirement

Why playing it safe in investing — and life — can be a big mistake

Back in my early 20s, when I was broke and in student-loan and credit-card debt, I started to be able to save a little money. Practically microscopic amounts — but it was something.<p>I was so terrified of losing even those few dollars that I thought I needed to make them as safe as possible. So …

Financial Planning

Apps that help find refunds after a purchase

Don’t you hate it when you buy something and then you find out a few weeks later it’s been discounted? We all hate feeling like we overpaid.<p>The good …

Identity Theft

7 serious credit card mistakes you could be making without even realizing

Money is tricky. There are a ton of things we can be doing to maximize what we make and spend efficiently. And it turns out there are a ton of common …

Credit Scores

Wealthfront wants to help with college savings

<i>This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.</i><p>In a recent wave of diversification among US robo-advisor startups, Wealthfront has been especially active. It recently introduced a holistic automated financial planning …

Robo-advisors

The Other Difference Between Mutual Funds and Jeans - Bloomberg Gadfly

The New York Yankees. The New England Patriots. The UCLA Bruins. The Vanguard Group?<p>Vanguard may not come to mind when thinking about dynasties, but …

Mutual Funds

That Dime in Your Pocket Could Be Worth $1.9 Million

Excuse us while we rip our couch cushions apart.<p>Fair warning: You're about to hate yourself for every time you've dropped a coin and didn't pick it up.<p>You've probably heard that some coins are worth more than their face value — most likely because they date back to at least the 19th century. …

The GQ Guide to buying Bitcoin

The GQ Guide to buying Bitcoin<p>You’ve probably read about how rich you would have been if you’d have invested just about $100 in Bitcoin back in 2010. …

Cryptocurrency

Are American Malls Dead?

My first retail job in 1983 was at a RadioShack store in a small Indiana town. We had no POS system or any other technology to help us outside of the …

Personal Finance

Divorce wiped me out. Here's how I bounced back.

Life took an unexpected detour for Heather Monahan, 42, when she found herself divorced with a 1-year-old son in 2009.<p>Popular Searches<p>Amazon.com …

Personal Finance

10 secrets to help you save money on everything you buy — all the time

Sometimes saving money feels like playing a game of whack-a-mole at a carnival. You save $6.50 by bringing lunch to work on Tuesday, then blow $7 on …

Chicago Booth

Douglas County schools need financial literacy by 2021

It’s the season of celebration, recognition, and accomplishment. For the class of 2017, the final exams are finished, the house parties hosted, and …

Education

UPS didn’t deliver an urgent parcel and is dragging its feet on my refund

It promised it would get my father’s vital heart medication to him the next day but didn’t<p><b>My father left his vital heart medication behind when he went to Ireland in March. I phoned UPS to ask if it could do a next-day before noon delivery and was assured it could, for £33.66. There was no delivery</b> …

7 tax tips for new college grads

Graduating from college brings huge life changes — many of which have big effects at tax time. Here are a few ways you can save a little money — or even snag a refund — come filing time.<p>1. Take interest in interest<p>Student loan payments are a fact of life for many new graduates. But up to $2,500 of …

Personal Finance

Realistic Ways to Save Money

Saving money is easier said than done, especially when your savings plan includes cutting out your morning coffee or changing your lifestyle …

Personal Finance

The 7 most-expensive airport mistakes and how to make sure you're never caught out

Airports can be expensive places. No sooner have you arrived in departures than you’re paying over the odds for excess luggage, foreign currency and …

Air Travel