Money might be the last taboo topic. In a society that runs on capitalism, we seem to have a harder time talking to our children about personal finance than we do about sex, race or even death. Maybe it’s because so many of us are so bad at financial matters...
From the cost of gym memberships to prepping healthier meals, living well can be expensive. Before you abandon your goals for a healthier lifestyle, consider these tips that show you don't have to overspend to live a better life. Plan Your Meals An impromptu visit to the grocery store inevitably ends...
Concerts, parties, upscale restaurants, shopping sprees, road trips and more. It all sounds very lovely and lavish. That is until you have overdrawn your account. Then reality sets in. College students often struggle with personal finance, in fact, according to CNN.com, millennials have a negative 2 percent savings rate. Well,...
If you want money advice you can trust, your best bet is to hire a fee-only financial planner. The trick is finding a planner who’s willing to be hired for a reasonable fee. Fee-only planners don’t accept commissions or kickbacks and are paid solely by client fees. Most use an...
THE squeeze on household finances is starting to ease, with inflation falling and wages rising, according to data due out this week from the Office for National Statistics. On Tuesday the ONS is tipped to say that inflation, as measured by the Consumer Prices Index, fell from 3 per cent...
Putting your savings strategy on autopilot is one sure-fire way to make certain that you're regularly stashing away money for retirement. Financial advisors often suggest contributing to your 401(k) or other retirement savings plan at work as the first step in building your nest egg. Yet many Americans don't do that....
If you were to ask the people around you to tell you honestly whether they are putting money away in savings, some would proudly nod their heads and reply that, yes, they are trying to put something aside for the future. Others would probably sheepishly look at you and...
Millennials are way behind previous generations on retirement preparedness. Entering the labor market in tough times, millennials earn lower wages and have fewer fringe benefits than gen-Xers and late baby boomers did as young adults. So what are some local Wharton MBAs who are also millennials doing to change that? First,...
The next time you visit your financial adviser, it’s important to ask if they’re managing your retirement money with your “best interests” at heart, rather than their own. Indeed, the burden of looking out for how your money is invested and what fees and commissions you pay an adviser or...
Nearly 47 million Americans rely on the federal food assistance program, but a study found it doesn’t cover half of what a healthy diet costs. So how can you feed your family nutritious meals on a skimpy budget? Stephanie Thomas wanted to make healthy meals for her family, but it...
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