There are several ways to save for education. People often think of 529 plans when it comes to saving for college, but you can also use UTMA and UGMA accounts. Each account has different benefits and drawbacks. Before choosing, learn more about how these accounts work and what features they offer.
Not everyone follows a strict budget, but you need some kind of system to make sure you have enough money each month to cover your major personal and household expenses. Here are the most common budget categories — and how to bridge the gap between your current spending and your ideal target budget.
It’s hard to get ahead when thousands of dollars in debt is diverting your money and attention from investing and building wealth. That leaves many borrowers wondering if they should raid their retirement accounts. But that can come with a lot of downsides — and there are better alternatives.
Keeping track of your credit cards can get difficult if you have a lot of them. If you’re hanging on to an old card you don’t use anymore, you might consider closing it — but should you? Learn the impacts of closing an old card and how to decide whether to close it or keep it.
Bad credit doesn’t mean you can’t own a home. But the worse your credit, the harder it is to qualify for an affordable loan. And just because you can buy a home even with poor credit doesn’t mean you should. Read on to learn what to consider when buying a home with less-than-perfect credit.
So, you’ve decided to propose to your sweetheart. You’re probably wondering how much you should spend on the ring. The good news is the two-months-salary rule is a lie made up by marketers. Find out how much you should really spend.
If you take advantage of various gig economy jobs and shopping apps, your next shopping trip can provide a way to make money instead of just spend it. Whether you want to get paid to shop for someone else or the next time you buy something for yourself online, you have numerous options.
More than a quarter of U.S. households are either unbanked or underbanked. What are your best options if you’re not sure where to begin or if you’re denied for a bank account? Read on to learn about several account options and some alternatives to having an account at a traditional bank.
Historically low interest rates have made borrowing money for home mortgages cheap. But buying a home in cash to avoid debt remains appealing to many. For those who have the cash on hand to buy a home outright, the question remains: Is it a good idea? Read on to learn the pros and cons.
Although prices on TVs have come down in the past 20 years, the latest models can still set you back several hundred dollars or more. Thankfully, bargain hunters have lots of options for keeping the cost of a new TV under control. Here are the best ways to save money on your next new TV purchase.
Millennials have diverse needs and desires, but some truisms in life hold for every adult, regardless of their generation: They need to develop a comprehensive estate plan. Fortunately, most younger adults can spend just an hour or two each year creating and updating their estate plan. Here’s how.
Financial guru Dave Ramsey’s “Baby Steps” are the perfect formula for the average person who isn’t terribly interested in personal finance. But they’re not one-size-fits all. Here’s what they recommend, how to tell if they’re right for you, and some alternatives to consider.
