Marriage is one of the biggest, if not THE biggest, decision that many people make in their lives. For Millennials (those born between 1980 and 2000) there are a number of important financial considerations to keep in mind. Millennials are expected to live longer than older generations and, in some cases, could be retired for… Read More
In Need of More Young Homeowners (as reported by Quentin Fottrell on Marketwatch.com)
18-34 year olds account for nearly half of the 2.4 million missing households in the United States. A “missing household” is a stat calculated as the number of people who do not own homes but who would have if not for the financial and housing market collapse of 2008. The number continues to get smaller,… Read More
Automate Your Savings (as reported by Kevin Mulligan on Moolanomy.com)
Saving money is an important part of financial success. It is a habit, a healthy one that must be learned for most people. But it’s not always as easy as that. For many people, it takes constant effort, and it can be easy to forget. That’s why the right option for you might be to… Read More
Simple Ways to Raise Your Credit Score (as reported by Jim Wang on Finance.Yahoo.Com)
A good credit score is important, and there are many things you can do to ensure your score remains high. But sometimes, we make mistakes, and our score suffers. If you find yourself with a credit score that could use some help, there are some things that you can do in order to raise your… Read More
How to Choose the Right Investments (as reported by Trent Hamm on TheSimpleDollar.Com)
Setting up a 401k or IRA is an important step toward planning for retirement, but for many workers, it presents a challenge. That challenge, choosing between different types of investments and deciding where to put your money. Trent Hamm of The Simple Dollar tells us that there are five steps to choosing the right type… Read More
Money Lessons for College Students (as reported by Sara Frederick Burgos on Manilla.Com)
For many people, the first year of college is the first time we take on responsibilities for our own finances. For that reason, it’s an important time in your life to learn a number of crucial financial lessons. Sara Frederick Burgos sites ten things that college students need to learn about money. One of the… Read More
Cutting Back on Health Coverage (as reported by Tom Murphy via finance.yahoo.com)
Health coverage is a hot topic these days and for many is tied directly to employment. A new trend is starting to emerge among employers, many are rethinking the instances in which an employee’s spouse can receive coverage. Starting next year some employers will no longer cover insurance for a spouse with access to coverage… Read More
#buy it Now Using Social Media (as reported by Melody Warnick via creditcards.com)
The financial services industry is always coming up with ways to make spending easier for consumers. The latest development by today’s tech entrepreneurs means that a person no longer needs their wallet to make a purchase. An impulse buy is as simple as writing #buy using your Twitter account. Backers of the technology, including AMEX,… Read More
Young Americans Fear Markets (as reported by Melanie Hicken on Money.CNN.Com)
Because they have grown up in a country where the fear of unemployment is higher than ever, and because they saw many of their parents struggle after the collapse of the stock market in 2008, millennials are much less likely to trust, or utilize, the stock market to grow their wealth. And most experts say,… Read More
Financial Influence of Friends (as reported by Jessica Sommerfield on Moneyning.com)
Creditors and lenders have found something new to look at when evaluating creditworthiness of individuals, their network of friends. Multiple news stories recently have spread the word that banks, insurance companies, and other financial institutions are using social networks to establish patterns of financials behavior among groups of friends when evaluating someone for financing. In… Read More