That’s why teaching kids the basics of money should be a top priority. It sets them up for success later in life and reduces the number of times you’ll be asked, “can I get that?”
While you might not be ready to quit your current job and go it alone, there are some small steps you can take to begin turning your passion into a paycheck.
"Timing the market" isn't just the domain of day traders. If you're hoping to buy in at a low price and sell before a big drop, you're a market timer. But in your attempt to maximize your ROI, long-term, you’ll end up underperforming.
Whatever the reason, a second job is often the most sensible solution for solving a serious financial problem. However, before you take on another role, consider whether it’s going to be the difference maker that you need it to be.
While understanding your employee benefits may be the to-do you keep putting off, if you don’t make time, there’s no way to know what all you might be missing. So, here are the four things you absolutely need to do to fully use your employee benefits.
There’s no step-by-step guide for giving back. However, if you’re already doing a lot, but still you’re wanting to expand your impact, here are your next steps.
Divorce is a certainly separation of personal finances, but it's not always an elimination of shared financial responsibility. You and your ex-spouse may still be facing the cost of putting a kid through college. The path ahead may be uncertain, but there are some initial steps you can take that your kid will thank you for.
Freelancing is not for everyone. Without the security of a steady paycheck, freelancers need to prepare for the "what ifs." So, here are the three reasons why every freelancer needs a bigger-than-average emergency fund.
Financial independence doesn't necessarily mean independently making financial decisions. Instead, it's about working toward your bigger, better future by relying on the assets and resources at your disposal. So, before you decide whether or not you need a financial advisor, here are three things you should consider.
Depending on the circumstances of the relationship, a divorce can be a financial fiasco. Even if your month-to-month doesn't really change, you now have the added responsibility of managing your finances without a second opinion. Thankfully, there are steps you can take to be confident in your newfound financial autonomy.
While many people take their 401(k) for granted, according to Bloomberg, only half of U.S. employees have access to a company-sponsored retirement plan. However, not having a 401(k) is no excuse for neglecting retirement planning.
If you're an entrepreneur, your every day includes a degree of financial uncertainty. That's why it's important to find the balance between investing in your business and saving for your future.
"What’s mine is yours” sounds like a universally wonderful idea until it isn’t. When that idea and other financial expectations are not met, couples often struggle to find healthy ways to discuss them. So how can you talk about money without it ending in an argument?
Divorces happen for many reasons, and the financial aftermath is almost always confusing. In particular, many people wonder how their new status will affect social security. So here's what you need to know about social security if you’re going through a divorce.
Retirement may give you the freedom to write a novel or exercise your green thumb, but it does not mean you have to stop working altogether. While you can collect social security at the full retirement age (67 if you were born after 1960), many people continue their career or start a side project for extra income. However, freelance, contract or sideline work will affect your social security benefits. Here’s what you need to know.
When planning for retirement, most people wonder what role, if any, Social Security will have in their financial future. Many doubt the program will even exist when they are finally eligible for benefits. While the fear is understandable, financial freedom is not possible if anxiety dominates your finances.
As medical technology has improved, so has the quality of life and the average life expectancy. With more years together and more memories to be made, families now must consider how to care for the elderly. As your kids go off to college, you now might have to decide how to care for a new group of residents, your parents.
Setting a clear, defined budget for your household is critical for keeping expenses in check. But what if your spouse is a big spender?
If you’ve ever looked for a job on Craigslist, you’ve seen those work-from-home scams far too many times. “Work from home for 4 hours a day! $2500 per week!”. If it sounds too good to be true, it is.
Achieving your long-term financial goals takes discipline and focus. It takes identifying a strategy and sticking to it. It takes ignoring the distractions and market buzz swirling around you and keeping your eye on the horizon.