With Independence Day right around the corner, the American Automobile Association (AAA) predicts a record-breaking 46.9 million Americans will travel 50 miles or more away from their homes next week. Of those travelers, the majority (39.7 million) will be driving — a 5.1 percent increase from last year.
If you...
Investors may no longer deduct investment expenses, including those passed through from an investment partnership. Restructuring these expenses into a management company might achieve business expense treatment providing it’s a genuine family office with substantial staff rendering financial services to extended family members and outside clients.
The IRS might assert...
We tend to think of debt as a younger person’s problem, but in reality, it impacts seniors to an unhealthy degree. An estimated 30% of seniors 65 and over still have a mortgage, and as of 2015, 2.8 million seniors aged 60 and older were on the hook for...
Though retirement is a period many workers look forward to, it's a worrisome milestone in many regards -- and healthcare is no exception. The combination of moving from a group employer plan to Medicare and from a steady paycheck to a fixed income is enough to make even well-to-do...
Personal finance can be daunting, but familiarizing yourself with basic money concepts — like how to build wealth, stay out of debt, and earn returns on your investments — will, quite literally, pay off.
To help you get started, we turned to the latest edition of Beth Kobliner's book "Get...
Whether you are a twenty something, a beginner, a young adult, in college, or an experienced budgeting pro, you can always improve your financial IQ.
The average Joe or Jane citizen claims to read one book each year while the average CEO is reported to read sixty books annually. Why...
The evolution of personal finance advice in the United States in the past 20 years has been nothing short of remarkable.
The late nineties, although often noted as the era of the dot com bubble, was also known for an effort to get Americans to set more money aside for...
Guen Garrido paid off nearly $70,000 worth of debt by picking up a side hustle, limiting her spending and adhering to the debt repayment strategy popularized by money expert Dave Ramsey: the "snowball method." But the 32-year-old also became debt free by changing her mindset, she tells CNBC Make...
Americans are increasingly anxious about money.
New data from Northwestern Mutual’s 2018 Planning & Progress Study found that money is the No. 1 cause of stress among Americans, according to 44 percent of survey respondents. Money is more of a problem than either personal relationships (25 percent) or work (18...
When shopping for a mortgage, most people are thinking mainly about the size of their monthly payment. While that’s all well and good, there are many other factors to consider, as well. Below are six additional questions to ask your lender before you sign on the dotted line. Read...
