For a long time, the most prominent financial analysts and advisers told Americans that the best investment they could make was buying a home. Now, almost ten years after the collapse of the US Housing Market that triggered the Great Recession, that prevailing advice has changed. David A. Levine, writing his column for the New… Read More
HOW MUCH SHOULD YOU SAVE? (AS REPORTED BY FINANCE EXPLAINED ON WWW.MASHABLE.COM)
We all know that we should be saving money, but many of us wonder how much money we should actually be socking away. The answer? At least 20%. So say the personal finance experts at Finance Explained, who put together this video for Mashable. That 20% should be divided among three different categories of savings… Read More
THE CASE FOR OWNING A HOME (AS REPORTED BY TIMOTHY B. LEE ON WWW.VOX.COM)
Traditionally, housing was viewed as one of the safest, smartest investments average Americans can make. Then came the spectacular collapse of the housing marketing, and the overall economy in 2007-2008. Now, when financial experts talk about housing, they can’t seem to agree on whether buying a home is a smart investment or not. But what… Read More
w!se Helps Domestic Violence Survivors in San Diego Lead Financially Independent Lives
NEW YORK, N.Y. – Working in Support of Education (w!se) is excited to announce the spring launch of its MoneyW!SE program for Survivors of Domestic Violence in San Diego took place on March 1, 2016. The program is made possible through generous funding provided by The Allstate Foundation. Read More
w!se Helps Domestic Violence Survivors in NYC Lead Financially Independent Lives
NEW YORK, N.Y. – Working in Support of Education (w!se) is excited to announce the spring launch of its MoneyW!SE program for Survivors of Domestic Violence in New York City took place on March 1, 2016. The program is made possible through generous funding provided by The Allstate Foundation. Read More
FREQUENTLY ASKED STUDENT LOAN QUESTIONS ANSWERED AS REPORTED BY GREGORY DEPALMA ON BLOG.PERSONALCAPITAL.COM)
Today’s news is abuzz with student loan stories. We have become a nation in debt, not just with mortgages and credit cards, but with students who financed their education with government loans and are left paying them off the rest of their adult lives. For that reason, there are lots of questions that people have… Read More
LACK OF FINANCIAL EDUCATION (AS REPORTED BY MIRANDA MARQUIT ON WWW.MONEYNING.COM)
Lack of financial education early in life can and does lead to important financial mistakes. Young people, starting at the age of 18, are able to access key methods of financial assistance, such as loans and credit cards. However, most are not fully-prepared to do so, because they don’t have the education necessary to make… Read More
MAXING OUT YOUR 401K NOT FOR EVERYONE (AS REPORTED BY ALLISON SCHRAGER ON WWW.QZ.COM)
One common piece of personal finance advice, readily available from sources as reputable as a recent article featured on the NY Times, is to max out your retirement savings account. For those people lucky enough to be offered a 401k plan by their employer, this can seem like the obvious choice. The problem is, for… Read More
PICKING THE RIGHT CREDIT CARD (AS REPORTED BY STEVE ROUSSEAU ON WWW.DIGG.COM)
Picking the right credit card is an important part of managing your money. Credit cards are critical for building your personal credit, a step towards owning a car or home, or getting a good rate on a loan of any kind. But with all the credit cards out there, how is anyone supposed to choose… Read More
9 STRATEGIES FOR EARNING MORE MONEY (AS REPORTED BY TRENT HAMM ON WWW.THESIMPLEDOLLAR.COM)
Earning more than you spend is the ultimate piece of wealth-building advice. But most people that tell you that focus on how to spend less. What if you can accomplish all you want simply by earning more? Sounds better than spending less money, right? Trent Hamm, in this article for his blog, The Simple Dollar,… Read More