Establishing a financial foothold has been anything but easy for millennials. Born between 1981 and 1996, the bulk of this age cohort was set to launch into adulthood right when the Great Recession hit 13 years ago, essentially pushing them back about...
Many millennials spend a decade or longer struggling to assemble the down payment they need to buy a first home. Meanwhile, home prices continue to rise and mortgage rates are on the upswing.
But many aspiring homebuyers make it harder on themselves than necessary, says Rob Chrane, the founder and...
It's not uncommon for younger workers to neglect their retirement savings. After all, many people spend the bulk of their 20s paying off student loans and saving for a home. And they spend their 30s grappling with child care expenses and the ever-climbing cost of raising kids.
As such, if...
Personal loans are borrowed money that can be used for large purchases, debt consolidation, emergency expenses and much more. These loans are paid back in monthly installments over the course of typically two to six years, but it can take longer depending...
One way to combat the winter doldrums is to start planning a spring break vacation. It provides a destination and adventure to look forward to as we make our way through these final long weeks of winter.
With the countdown to spring started, here are five tips to assist with...
When investors get their quarterly 401(k) statements in the next few weeks they’ll be hit with some bad news.
The S&P 500, the broadest measure of U.S. stocks, is down 21%, the Nasdaq nearly 30% and the Dow 16% so far this year, and Americans are seeing the value of...
Individuals and small businesses alike have adopted peer-to-peer (P2P) payment apps to make convenient mobile money transfers. Whether it's splitting the restaurant bill with your friends or collecting payment for your restaurant or small business, you've likely been using PayPal and Venmo...
What would happen if you were hit with a financial emergency — a job loss, major medical expense or even a car repair? Would you have enough cash on hand to get through that emergency?
If you’re like most Americans, you probably would have a hard time paying for an...
Credit scores can help determine where you live, the interest rates you’re charged on loans and credit cards and even how much you pay for car insurance. The algorithms that generate these scores have been developed over decades, and how well someone can manage their score can influence a...
401(k)s are among the most popular retirement savings vehicles for plenty of reasons. They offer high contribution limits, and employers can match some of their employees' contributions. Plus, the money comes right out of your paycheck every month, so you don't have...
