Life insurance can be a vital financial safety net for your spouse and children. But death is an uncomfortable subject, and misconceptions about life insurance make it easier for us to delay thinking about it. Learn the truth behind these myths today to better protect your family in the future.
If you feel like an incomplete understanding of basic personal finance concepts cost you last year, you’re not alone. Thankfully, financial literacy isn’t rocket science. You can overcome whatever knowledge gaps you face today and cease leaving money on the table. Start here.
Among the most common reasons entrepreneurs fail is simply running out of money. That means if you want to start a successful business, you need plenty of capital. Learn how to get money to start or grow your business by reviewing these startup financing options.
Not so long ago, a five-year car loan was considered “long-term.” Today, about 72% of new car loans come with terms longer than five years. We’re spending more on cars and spreading the cost out longer. What does a long-term car loan mean for your wallet, and are there better options? Find out here.
Deciding to refinance your mortgage is only the beginning of the process. You’re far more likely to get a good deal when you understand what a mortgage refinance entails. From decision to closing, mortgage refinancing applicants pass through these four key stages.
Like millions of other homeowners paying more than necessary each month, you can take advantage of current low interest rates by refinancing your mortgage loan. But it’s not always the best decision. Before you can decide, you need to know more about the pros and cons of refinancing.
Some borrowers feel the pinch of monthly student loan payments, but they’re able to manage them. For other borrowers, their debt is so large and their income so low it may be a significant struggle to afford their monthly payments while still covering necessities like food and housing. For these borrowers, income-driven repayment (IDR) plans
Once upon a time, when you reached 65 or so, your colleagues threw a party for you, you ate a slice of store-bought cake, and then you retired and never worked another day. When the average life expectancy was 65, that might have made sense. But if you live until 95, do you really want
When you’re living paycheck to paycheck, starting an emergency fund can be tough. But for most people, creating a $1,000 initial emergency fund is an achievable goal. With a little effort, you can even create one in a month or less. And there are many strategies you can use to make it happen.
One common investing myth is that you need a lot of money to get started. This is sometimes true, and a range of options become available once you have a $1,000 minimum to begin investing. Learn the best ways to invest $1,000 with these realistic ideas for fruitful investing and building wealth.
The wage gap between women and men is a problem. It contributes to poverty for women and families and holds the entire economy back. And because the roots of the problem are complex, there’s no simple solution to fix it. Read about some ideas for how to close the gender pay gap — and why we should.
In his book “Early Retirement Extreme,” Jacob Lund Fisker suggests a model for retiring after just five years of working. The idea has plenty going for it, but it remains a fringe movement. Learn about early retirement extreme — both the math and the personal finance foundations behind the concept.
