IRAs, or Individual Retirement Accounts, are a great tool for anyone interested in saving for retirement. There are many benefits of IRAs that make them more appealing than traditional checking or savings accounts, cash, or personal investment accounts. There are two main types of IRAs; Traditional and Roth. The major difference between them is when… Read More
BEING FRUGAL IS FOR EVERYONE (AS REPORTED BY HOLLY JOHNSON ON BLOG.PERSONALCAPITAL.COM)
Spend less and make more. That’s the simplest financial advice you will ever get. If you do those two things, you will put yourself in position to save more of your money and invest it toward future wealth. However, it is very common for people who begin to earn more money to spend more as… Read More
Allstate Foundation Selects w!se as a Community Partner for the 2016 Purple Purse Challenge
New York, NY – Working in Support of Education (w!se) is pleased to announce it has been selected as a community partner for The Allstate Foundation’s Purple Purse challenge, an initiative designed to support survivors of domestic violence and the organizations that serve them. Read More
The Allstate Foundation Helps w!se to Grow MoneyW!SE Program in San Diego
NEW YORK, N.Y. – Working in Support of Education (w!se) is excited to announce that The Allstate Foundation has awarded a grant to support w!se’s MoneyW!SE Program for Survivors of Domestic Violence. Funding will support the program in San Diego for the 2016-17 academic year. Read More
HOW DO I SAVE FOR MY CHILD’S COLLEGE TUITION? (AS REPORTED BY ADAM NASH ON BLOG.WEALTHFRONT.COM)
The news today is filled with stories about the average cost of a college degree. The campaign season has thrust the issue of higher education expenses into the national spotlight. And for parents of all ages, stressing out about how to afford your kids’ tuition is all too common. 529 College Savings Plans are a piece… Read More
The Allstate Foundation Supports w!se Financial Literacy Certification Program in NYS
NEW YORK, N.Y. – Working in Support of Education (w!se) is delighted to announce a renewed grant from The Allstate Foundation to support w!se’s Financial Literacy Certification program in Upstate New York for the 2016-17 school year. Read More
The Allstate Foundation Helps w!se to Grow MoneyW!SE Program in New York
NEW YORK, N.Y. – Working in Support of Education (w!se) is excited to announce that The Allstate Foundation has awarded a grant to support w!se’s MoneyW!SE Program for Survivors of Domestic Violence. Funding will support the program in New York City and Westchester County for the 2016-17 academic year. Read More
WHY WE DON’T SAVE ENOUGH (AS REPORTED BY DEREK THOMPSON ON WWW.THEATLANTIC.COM)
Americans don’t save nearly enough money. And a new paper, titled “How Biases Affect Retirement Saving”, offers a theory as to why that is. The focus is on two common biases – the “present bias” and the “exponential growth bias”. The present bias states that for most people, we will sacrifice some future benefit for… Read More
INVESTING APPS (AS REPORTED BY HEATHER LONG ON MONEY.CNN.COM)
The now-dated iPhone ads used to tell us that “there’s an app for that.” Today, there are some excellent apps out there to help you manage your money. CNN Money recently put together a list of the 10 best investing apps. From tools that will help you learn how to invest your money, to automated… Read More
DON’T HOLD ONTO CASH (AS REPORTED BY SUZANNE MCGEE ON WWW.THEGUARDIAN.COM)
Holding on to a lot of cash is never a good idea. But, according to data from a recent survey of wealthy millennials, more of them are keeping a significant amount of money in savings or checking accounts than ever before. Why? One theory states that because young Americans came of age during a time… Read More