Personal Finance

Want To Keep Some Cash On The Sidelines? Read This First

Instead of sticking your money in a savings account, here's a better idea.<p>There are several good reasons you may want to keep some cash on the …

Investing

10 Unprofessional Habits That Could Kill Your Career

If you're like most people, you've put a lot of time, energy, and money into your career. And you know that getting ahead in that career takes …

Investing

Major changes coming to how your credit score is calculated

NEW YORK — The math behind your credit score is getting an overhaul, with changes big enough that they might alter the behavior of both cautious spenders as well as riskier borrowers.<p>Most notably for those with high scores: Abiding by the golden rule of "don't close your credit card accounts" may …

Credit Scores

Would you pay £184.58 an hour for financial advice?

High and murky fees charged by financial advisers have been put back under the spotlight by the City watchdog.<p>The banning of commission payments between advisers and financial services firms in 2013 was intended to boost transparency for consumers.<p>But City watchdog the Financial Conduct Authority …

Investing

How Many Credit Cards Should I Have?

Having a credit card is almost essential in today's economy, but having <i>more</i> than one card isn't nearly as important. In considering how many cards you <i>should</i> have, you'll want to consider a range of factors, including your ability to pay off your debt, manage your card accounts, build up a strong …

Credit Scores

Active vs. Passive Investing

<i>[Pam Krueger is the founder</i> <b>of</b> <b>"</b><b>WealthRamp</b><b>"</b> <i>and co-host of "MoneyTrack" on PBS. The national spokesperson for The Institute for the Fiduciary Standard,</i> …

Stocks

Dealing with a family death has gotten a lot more complicated

Dying was less complicated 20 years ago.<p>Upon the death of a loved one, a family would obtain a stack of death certificates and get in touch with banks, insurance agents and the Social Security Administration. After all that was completed, survivors could begin to put together the financial pieces …

Identity Theft

How to Invest in the Stock Market with ETFs

Everyone wants to invest their money and one of the best places to do so is the stock market. After all, that’s why it was invented. But what’s the …

Stocks

Amazon, Costco Are Solid Long-Term Stock Buys

The retail space has come under pressure this year, and many are betting that brick-and-mortar retail in particular is nearing extinction — at the …

Amazon

Why your credit score may matter more to auto insurers than your driving record

Not paying your bills on time can affect your auto insurance premiums more than having two DUIs.<p>A recent Consumer Reports analysis found that a …

Credit Scores

Nordea: ‘We are believers in active management’

CEO of Scandinavian fund house says a focus on ESG is more than just a marketing ruse

Governance

5 arrested at Coachella, accused of stealing cellphones, cash, credit cards

Police have arrested five people in the theft of more than 40 cellphones, cash and credit cards at the Coachella Valley Music and Arts Festival in the Southern California desert.<p>Indio police say multiple festivalgoers reported the thefts, and investigators identified two separate groups of suspects …

California

Many fewer independent fund directors in Europe than the US

European mutual funds have significantly fewer independent directors than their US counterparts, fuelling concerns that asset managers’ interests are …

Governance

How To Negotiate Your Salary Once You’ve Landed A Job

In modern work culture, change is part of the game. According to the Bureau of Labor and Statistics, the average person switches jobs as many as 15 …

Employment

How to Get a Mortgage Once You Are Retired

I frequently hear stories of upcoming retirees who, planning to move after retirement, locate a new home and take out the mortgage before retirement …

Credit Scores

What To Always Pay for with a Credit Card (& What to Never)

Credit can be a great tool, if used wisely—and that means avoiding sticking yourself with debt that will take decades to pay off. Follow these …

Investing

You're Not Crazy: Trading Your Six-Figure Job for Entrepreneurial Freedom Is the Right Move

You're the only one who should determine how much your time is worth. These tips can help you enter the startup world with eyes wide open.<p>Entrepreneurialism defies human instinct, yet it’s addicting. Once you get just a taste of what life can be like with a future built on your terms, it’s game …

Entrepreneurship

There is no perfect time to improve your finances -- do it now

A few years back I was making an hourly wage and my income varied every two weeks. It came down to how many hours I was scheduled to work, how much …

Investing

The ultimate guide to becoming financially stable

April is National Financial Literacy Month. Why do we dedicate this calendar page to highlighting financial skills and education? The tax deadline? …

Investing

She’s house rich, cash-poor, and wants to retire early

Bethany bought her first house two years ago with a big mortgage. It has risen substantially in value since then. Today, at age 56, she is house rich and cash-flow poor but happy. “Sort of.”<p>Her house (in the Greater Vancouver Area) was recently assessed at $330,000 over the purchase price, Bethany …

Retirement

How (and Why) to Use a Non-Deductible IRA Contribution

If you are not eligible to take an IRA deduction for your contribution to an IRA and you make too much money to make a Roth IRA contribution, then, …

Retirement

4 Risks of Giving Your House to Your Child

With home ownership seemingly out of reach for many young people today, parents may wonder: Should they just give their house to the kids at some …

Mortgages

5 Ways to Save Money Painlessly

Do you struggle to find money to save? Try a less painful approach.<p>Saving money is hard work. Americans struggle to set aside enough money to cover …

Investing

How to eat healthy on a budget

Ask anybody who’s shopped at Whole Foods: Adopting a healthy diet can test your will and your wallet. Proper planning and savvy shopping can help you overcome challenges on both fronts.<p>Armed with these tips, you can eat healthy, wholesome foods and stick to your budget.<p><b>Make your own meals</b><p>Cooking at …

Diets

Cash Is King No More

I had a strange experience the other day. I tried to pay for something with cash.<p>It was sort of like going back to writing with a pen. My thumbs, made opposable by evolution so that humans could grab things and not just tap on a screen to acquire them, weren’t working the way they were designed …

Money

How to find the best personal loan without damaging your credit rating

If you apply to lenders that use ‘hard’ credit checks you could be left with a mark on your credit file and miss out on lower rates<p>Underhand tactics by leading personal loan providers are costing Britons hundreds of millions of pounds a year, it was claimed this week. A report says many banks and …

Investing

25 Apps That Will Save You Lots of Money

Available for: iOS, Android, and Windows<p>Similar to Groupon, you can use this app to gain hand-held access to all of LivingSocial’s deals. Search for …

Apps

Anthony Bourdain was once broke and in debt. Here's his advice for struggling millennials.

Today, chef, author and award-winning television personality Anthony Bourdain is financially successful. But for many years, he barely scraped by.<p>As …

Money

The Future Of Money Management?

This Friday morning's musing is about sharing thoughts on the future of money management.<p>I share some unique perspectives from two friends. One …

Wall Street

The college graduate’s guide to saving for retirement

Welcome to the real world, college graduates.<p>Saving for retirement is probably near the bottom of your financial to-do list, after paying the rent, making student loan payments and trying not to spend all of your free cash on takeout food and Uber rides. But opening a retirement account in your …

Retirement