Your financial literacy affects every single decision you make about money: how you earn it, spend it, save it, and invest it. Your chances of meeting pretty much any financial goal, from getting out of debt to buying a house, depend on how high your financial IQ is. Here’s how to boost yours.
Thanks to the Tax Cuts and Jobs Act of 2017, most investment-related expenses are no longer deductible. But in certain circumstances, you may still be able to get a tax break. Learn which investment-related expenses you can still deduct and how to qualify for them.
Do you know your credit score? Maybe the better question to ask is, which credit score do you know? If you have a significant credit history, you probably have a FICO Score. If you’ve applied for a credit card or personal loan recently, you probably know what your FICO Score is too. But your FICO Score isn’t
Major purchases require major savings. And let’s be honest: Not everyone is a natural at budgeting and saving money. Fortunately, anyone can learn to budget and save money better, and anyone can reach their savings goal with these tips.
Seniors lose tens of billions of dollars to scams each year. To protect yourself and your loved ones from fraud, it helps to know what to look out for. Here are 12 of the most common financial scams that target seniors.
Traditional securities such as stocks, bonds, and mutual funds are standard, well-worn vehicles most investors understand. But what if you prefer to walk on the wild side and add some zest to your financial holdings? Here are some unconventional high-risk, high-reward investments to consider.
We get mixed messages about debt. Why does debt seem like such a necessity in our lives but also a burden that promises financial doom? It’s because not all debt is the same. Learn the difference between “good” debt and “bad” debt here.
Investors rely heavily on what publicly traded companies tell us about their businesses — but who’s making sure they’re telling us the truth? The answer is the U.S. Securities and Exchange Commission (SEC). Learn more about the SEC and how it protects investors.
This offer is no longer available. Simple is a Portland-based company run in partnership with BBVA USA, a diversified bank with branches throughout the southern United States. 99% of Simple’s revenue streams are from debit card processing fees, interest income on deposited funds lent out by BBVA USA, and loans. Simple offers FDIC-insured deposit accounts.
Interest rates are near historic lows due to the COVID-19 pandemic’s economic impact, which has brought whole sectors of industry to a standstill. While that’s bad news, there may be a silver lining for well-positioned borrowers. Here’s how you can take advantage of the current low interest rates.
Even when you do everything right, it isn’t always possible to avoid a financial crisis. But there are ways to keep it from crushing you. There are plenty of programs out there — some run by the government, some by charities — that can help you keep the bills paid until you get back on your feet.
According to a recent survey by Money Crashers, the majority of millennials believe they face more challenging financial obstacles than their parents did at their age. We asked Americans to rate their level of agreement with the following statement: “My generation has the same opportunity to build wealth through investing as previous generations.” Millennials’ and
