Most people expect their spending to go down in retirement — in fact, the rule of thumb is typically that you’ll spend just 70% to 80% of your pre-retirement income.
Yet there’s at least one expense that’s likely to go up, and that’s health care. Fidelity Investments recently estimated that...
A nonprofit organization is giving millennials of modest means a kick start into adulthood. The plan is to teach them the tenets of personal finance and also to give them $1,000 toward their retirement.
Say hello to the 3rd Decade, a free educational program offered by the TCI Foundation and...
It's summertime, and for many of us, that means planning a vacation. There are lots of good reasons to travel during the summer: Kids are out of school, the weather is pleasant, and work is often a bit less hectic. But summer travel can also get expensive, and the...
Stockholm has a reputation for being a pricey place to visit, but it doesn’t have to be.
Sure, a beer in a bar often costs around 65 SEK ($7) and no-one ever described a taxi ride in Stockholm as a ‘bargain’, but there are ways to see the city without...
Learning how to budget is often something we are not taught at school. However, this is something which can make a huge difference to how you live your life and how you spend your money. Knowing how to budget properly is a skill that you should develop as soon...
What does it take to become wealthy?
Most Americans believe it takes $2.4 million in personal net worth, or nearly 30 times the actual median net worth of U.S. households to be considered wealthy, according to the Modern Wealth Index, a June 2017 study by Charles Schwab and Koski Research,...
In this post-Recession era of economic uncertainty, financial security has been increasingly elusive for many Americans, calling into question how the labor market can promote wealth accumulation for workers. For insights and suggestions about this, The Aspen Institute think tank held a panel in Washington, D.C. in June: The...
Every now and then, we just need to give ourselves a little tender loving care. The stresses of the world tend to pile up, and it’s up to us to stop the madness every once in awhile, blow off a little steam, and relax doing something fun. The problem...
IF YOU have an emergency experts say there should be at least $10,000 in the bank as a contingency fund.
But with that concept being a dream for many, the thought of having an emergency stash on top of other savings can be daunting and overwhelming.
One wealth expert says it...
Number 1: Don't be a drag
If you've got external storage on your car, it's going to cost you.
Any extra weight can get pricey; just 20 kilos can chip into your coffee budget. So go through your car and get rid of anything that's weighing you down.
Number 2: Feeling flat?...
