Navigating Your 401(k)

Whether retirement is far off in the future or right around the corner, you need to start planning for it now. Starting with your 401(k), the following tips will help you navigate the complexities of saving money when you’re ...

What Is a Good Amount for an Emergency Fund?

Emergencies happen to everyone, regardless of whether you have a steady income or are struggling to manage your finances. Unexpected expenses can throw your life into turmoil — and if you don’t have the money to resolve the ...

Identifying Your Wants Vs. Your Needs

The foundation of successfully managing your finances is budgeting, and a pillar of budgeting is learning to distinguish your needs from your wants. If you can’t differentiate those, you could wind up overspending on luxuries ...

Merging Accounts When You Get Married

Financial problems are one of the leading cause of divorce. According to a survey of 1,000 people, nearly half of American couples fight over money. But no matter the state of your finances, once you are married, all of your assets ...

Choosing Between Low- and High-Deductible Health Plans

When it comes to your health, you shouldn’t have to limit your choices or forego treatment due to your budget. Unfortunately, for most people, money is what dictates the health plan they choose, and sometimes the picked plan ...

The Right Way to Take Out College Loans

College loans seem like a boon for students seeking higher education, but all too often, they can become a burden. According to the nonprofit group American Student Assistance, 56 percent of young adults suffer from near-constant ...

Resolving Financial Accounts After Death

Unexpected financial issues and red tape often compound the emotional trauma of losing a loved one. If you don’t have access to their accounts with financial institutions via logins or are not listed on their accounts, resolving ...

How Can You Use Retirement Savings Early?

When you’re strapped for cash, you might consider drawing money from your retirement savings fund. However, retirement plans vary greatly in terms of fees, rules and tax liability for early withdrawals. Here’s an overview ...

Home Down Payments and Alternatives

Among the most challenging hurdles to overcome on your path to home ownership is the down payment. Unless you are in a great position of financial advantage, coming up with a large sum of liquid capital at one time is a difficult ...

Using a CD to Teach Your Children about Finances

Money management is a complicated subject even adults have trouble mastering. So, it’s understandable that the prospect of teaching your kids about money might not be your favorite parental to-do. Start simply with a certificate ...