Personal Finance

Pros and Cons of Day Trading Versus Investing

The first hour that U.S. markets are open (officially) for trading is typically one of the best times to capitalize on large price moves. As …

Trading

Free up cash: 3 reasons to pay off your mortgage early

Accelerating a mortgage isn't easy, but it can be done. Here are a few good reasons to make the effort.<p>Signing a mortgage is quite the commitment. Not only are you locked into what could be a sizable monthly payment, but you're also pledging to continue paying that amount every month for up 30 …

Credit Scores

Why emergency funds are a bad idea

<b>Video by CNBC</b><p>Along with changing your oil every 3,000 miles and checking your child’s trick-or-treat bag for weaponized apples, the common advice to …

Investing

How Google for Jobs Will Make Your Job Search Easier

Your job search is about to get a whole lot easier.<p>Google is heading into the career arena with a new product — Google for Jobs. Google CEO Sundar …

Employment

12 Steps Every Potential Home Buyer Needs To Take

For most people, buying a home is the biggest purchase they will ever make. Despite (reasonable) fears that it will always be out of reach, there's hope in the numbers: The percentage of millennials buying homes has been on the rise in recent years. A 2016 report from Zillow found that half of all …

Mortgages

Ed McMahon's Mysterious Association with Publishers Clearing House

When Ed McMahon passed away, one question came up over and over again: how will Publishers Clearing House notify their winners now? The answer is …

Investing

Payday loans are dying. Problem solved? Not quite

Payday loans — the “lifesavers” that drown you in debt — are on the decline.<p>Fines and regulatory scrutiny over high rates and deceptive practices have shuttered payday loan stores across the country in the last few years, a trend capped by a proposal last summer by the Consumer Financial Protection …

Investing

Real Estate Loans Are Part of Your Larger Financial Plan

There is more to a mortgage than meets the eye.<p>A recent article written by George Epstein, Head of Capital Advisory and Banking Products J.P. Morgan …

Investing

Questions About Avocado Toast, Paper Shredders, Hiking, Job Searching, and More!

<b>What’s inside?</b> Here are the questions answered in today’s reader mailbag, boiled down to summaries of five or fewer words. Click on the number to …

Credit Scores

5 creative ways your small business can use credit card rewards points

As a small-business owner, you sometimes have to get creative with your funds. One way to do that is to be smart about how you redeem your rewards points from your business credit card.<p>"Some small-business owners are just focused on their day-to-day [operations]," says Ariana Arghandewal, who blogs …

Small Business

Why Home Appraisals Cost More Than You Think

The cost of a home appraisal is typically a closing cost fee paid in advance by the home buyer at loan inception, after offer acceptance. The fees …

Real Estate

Bankrate's Changing Revenue Mix Reduces Risk

Bankrate has de-risked its business model over the last year.<p>In Q1, organic revenues were flat and the revenue growth was powered by non-organic …

Stocks

The Best Ways to Eliminate Student Loans

You went to college and got the degree. Now it’s a matter of paying off that debt. The credit card mantra, “pay off your debt with the highest …

Debt Management

Debt fears remain despite manifesto 'breathing space' plans

<b>People in serious debt can expect more legal protection from bailiffs, charges and interest after pledges in the major parties' manifestos.</b><p>The Conservatives and Labour have vowed to extend a "breathing space" scheme used in Scotland to allow people time to organise repayments.<p>Others, including the …

Personal Finance (UK)

Employer Guide to Taxable Employee Compensation

When it comes to figuring taxable income for our employees, it can be difficult to sort out what's taxable to the employees and what is not. It seems …

Retirement

Exclusive: Barclays to hire 100 staff in private banking push

LONDON (Reuters) - Barclays will hire 100 new staff in its private bank as it launches its second attempt in the last seven years to win more business from wealthy clients, a source with direct knowledge of the plans told Reuters.<p>The hires will be a mixture of relationship managers - the …

Banking

Banks Aren't Worried That More Credit-Card Loans Are Souring - Bloomberg

For Kevin St. Pierre, the math on credit cards is pretty simple.<p>“Generally, if the consumer has income, they pay their debts,” St. Pierre, an analyst …

JPMorgan Chase & Co

7 Things to Do in College for a Post-Grad Job

More and more, a college degree is a prerequisite for employment. A recent survey from CareerBuilder found that many companies have increased the …

Employment

This artist has been illustrating her credit card debt to help manage her finances

Credit cards can be incredibly useful.<p>They earn you Airmiles. They can buy you a little time when it comes to funding new kitchens and tickets. They …

Credit Card Debt

How to Get on Shark Tank and Take Your Business to the Next Level

In essence: 1. First in my family to graduate from college (earned on scholarship), (2) being debt-free because for the last decade I sacrificed and …

Entrepreneurship

What You Need to Know About International IPOs

Initial public offerings — or IPOs — tend to generate a lot of excitement among investors. For example, Snap Inc.’s (SNAP) IPO in early-2017 …

Investing

Which Supply Chain Metrics Should You Use in Your Home Business?

When you have 100 percent inventory accuracy, you can be assured that when you start to pack up a customer's order — that you actually have the …

Home Business

Money Milestones: This is how your finances should look in your 40s

Danny Kofke, a 41-year-old middle-school teacher outside of Atlanta, often looks at a picture of a family trip to Disney World from a few years ago -- to him, it exemplifies what he’s working toward in his retirement: more trips and long-lasting happy memories.<p>He and his wife, Tracy, a former …

Retirement

5 Steps to Perfect Financial Health

Sometimes your financial health could use the same kind of checkups and preventive care that you apply to your physical health.<p>We all know the basic …

Investing

How to Survive on One Salary

Here's how to play your cash cards right even on limited funds.<p>Squeaking by on one paycheck when you're used to having two can be a lifestyle …

Money

5 Things I Wish I Knew Before Buying My First Home In My 20s

Growing up, it seemed like home ownership was the step to “official adulthood.” As soon as I had a steady corporate job and a little bit in savings, I embarked on the pathway of home ownership at 23. Now over 20 years later, when I talk to young people looking to buy their first home, I tell them …

Real Estate

Health savings accounts can supercharge retirement funds, but not for this guy

<b>Dear Liz:</b> Prior to retiring in 2015, I contributed to a health savings account. At the time my spouse and I were enrolled in my employer-provided high deductible health insurance plan. After I retired, I enrolled in an HMO plan my employer provided, which is not high deductible, and my wife …

Investing

10 Best Personal Finance Apps For Budget Planning & More

The phrases “millennial” and “personal finance” are seldom used together without making everybody cringe. To say that we’re not the most financially …

Apps

So That’s Why! Saving Money Isn’t in Our Genes

Since prehistoric days, we were primed to think in the short term — not knowing where our next meal would come from or, for that matter, when it would come. It was all about surviving the day, not preparing for the future. So if your savings account looks less than ideal, don't beat yourself up — …

Investing

No tax refund this year? 3 other ways to score extra cash

If you didn’t catch a break from Uncle Sam with a tax refund this year, you might be looking for other ways to pad your finances. Taking on a part-time gig may seem obvious, but you might not have the time. Instead, consider these three ways to bring in added income.<p><b>1. Refinance</b><p>With refinancing, …

Investing