Saving and Investing

Americans are notoriously bad at saving their money, the one thing that every financial adviser will tell you to do. There is no single reason why this is the case. Most people know they should be saving more, but some simply can’t afford to. To take a look at exactly how bad the problem is,… Read More

Financial news and advice columns are riddled with statistics of all shapes and sizes. But sometimes it can be difficult to understand what those large, complex sets of numbers actually mean for people like you and me. A few years ago, the Social Security Administration tried to simplify things to show us just how dire… Read More

Everyone starts out with no investing experience. And so a lack of familiarity with the process is not a good excuse for choosing not to invest or putting it off indefinitely. It’s not too complicated or too risky for you. We all have a duty to ourselves to save and invest for the future. So… Read More

Money is the leading cause of stress among American adults. We all think about money more than we would like to, which is why this new article from Forbes is so perfect. It offers four tips for individuals who want to save more and worry less about their financial future. At the top of the… Read More

When you hear people talk about liquidity, they are talking cash or investments that can easily be turned into cash in the short term. Liquidity is important to the individual investor for a number of reasons, such as money available for an emergency or protection from a short term downturn in the stock market. But… Read More

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

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

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

When you earn more than you spend, you have money left over to save and, hopefully, invest. Choosing to invest your money is a great way to help your savings grow over time. But what you invest it in matters. Asset allocation is the term we use to describe the process of dividing up your… Read More

We don’t often spend enough time examining the differences between men and women as relates to personal finance. And the sad truth is, major differences do exist. And in more cases than not, they favor men. For example, women in the United States are still paid less than their male counterparts in almost every profession…. Read More