Not everyone defines being "well off" the same way. A struggling recent graduate may be comfortable with a few bucks in his wallet and food in the fridge while a working single mom may not be comfortable without a six-month...
When preparing their financial information for tax season, it's important for taxpayers to have an idea of how much they'll be paying. Even if your income didn't change, the amount you're paying in taxes may. Several factors affect your taxes...
Saving toward retirement is challenging for many Americans. Given all of the competing demands on your paycheck, it can be hard to set aside money that you won't need for years, or even decades. But even though many people aren't...
Finding the right vehicle to save for college can be daunting. There are many choices, and it can be difficult to discern the differences among each type of account. Below, we've outlined a few salient features of a few of...
Every year, the Consumer Federation of America (CFA) and VantageScore Solutions work together to produce the Annual Credit Score Survey. This survey examines how much Americans actually know about the credit system. With the average credit score reaching a record...
When Leigh McIlvaine first learned that her student loan debt could be forgiven, she was thrilled. In 2008, at age 27, she’d earned a master’s degree in urban and regional planning from the University of Minnesota. She’d accrued just under...
Most people who get retirement benefits from Social Security get the bulk of their income from their monthly benefits. Because they don't have many other sources of money to pay for living expenses, the annual cost-of-living adjustments (COLAs) that Social...
Pete Roberts of Nottingham, England, was one of the many risk-takers who threw their savings into cryptocurrencies when prices were going through the roof last winter. Now, eight months later, the $23,000 he invested in several digital tokens is worth...
If you’ve ever stepped into the ring with an identity thief, you are probably familiar with a credit freeze. Credit freezes are an incredibly helpful line of defense in protecting your credit, but like everything else that’s good in life,...
The financial state of Social Security is worse than the government says it is, according to the Wharton School of Business at the University of Pennsylvania. The situation is direr than the Social Security Trustees estimate because they are not...
An airline credit card with an insane rewards program was released recently and you just have to have it. Or, the apartment of your dreams just popped up on Padmapper and you need your name on the callbox, like, yesterday....
As young people take steps toward their future and eagerly prepare to enter the world of higher education, they are now faced with the seemingly inevitable notion of graduating with at least some student loan debt. While students intend to...
New data reveals that Americans are keeping a sizeable chunk of their assets in cash — and losing out on returns as a result. In February, we learned that most Americans are behind on emergency savings, with more than half...
You’ve got financial questions. The internet’s got answers. So do friends, family members and late-night TV money gurus. But sometimes you need a professional who can provide money advice that’s tailored specifically to your needs. And that raises more questions:...
Many millennials are stretching financially to buy homes. Members of this younger generation are exhibiting risky behavior when coming up with a down payment to buy a home, with about 1 in 3 (29 percent) saying they raided their 401(k)...
