Grad School Debt Holding You Back? How to Get It Under Control
Think long-term to pay off your grad school debt — or get it forgiven. Graduate school can boost your career prospects and earnings — but it can come at a steep price. Nearly half of grad students take out loans, with an average balance of $77,300, according to a 2023...
7 Ways to Keep the Summer Spending Craze Under Control
Curb higher spending during the hotter months by planning ahead. It's not too late. Summer’s spending temptations abound: Longer days, travel and camp for kids are just a few of the places our money ends up during the warm months. “We have expenses in summer that we...
What to Do if You Are Struggling to Pay Your Car Loan
As overall U.S. auto loan debt grows, know that if you’re having problems paying your car loan, there are some options you can take to alleviate the strain. With car loan debt at a new high, a report shows the impact as Americans struggle to make their auto payments:...
Where to Park Cash if You’re Worried about the Stock Market
The investing information provided on this page is for educational purposes only. If long-term investing has you spooked, you can explore shorter-term options, like high-yield savings accounts, CDs and Treasury bills. In recent weeks, 44% of Americans in households...
7 Things Financial Experts Wish They Knew in High School
The investing information provided on this page is for educational purposes only. During a recent career day at my daughter’s high school, I spoke to upperclassmen about budgeting, the dangers of credit card debt and how to navigate economic uncertainty. The...
Practical Ways to Tackle Overspending
Try setting limits for yourself and saving before you spend. Mykail James is not ashamed to call herself a “recovering overspender.” The Washington, D.C.-based financial educator, who also goes by “the boujie budgeter” online, says she used to spend too much money on...
Are You a HENRY?
The investing information provided on this page is for educational purposes only. No, we’re not asking your name. And we promise we’re not trying to offend you. HENRY isn’t an insult; it’s a nickname given to a certain demographic in the personal finance world. If...
You’re Retired and Need Cash— Is a HELOC the Answer?
If you’re a retired homeowner, there’s a good chance that your property is worth far more than you paid for it — and that equity could be a lifeline. Back in 1995, the typical home cost $114,600. Today’s median sale price is nearly $400,000, according to the National...
How to Stop Obsessing About Money
Creating a financial plan can help bring the focus back to things you can control. A Reddit user recently asked for advice on ways to stop thinking about money nonstop. It’s hard, the user explained, to avoid fixating on personal finances. Comparing yourself to others...
How to Cut Spending Without Cutting Out Small Businesses
Rethink your budget and change your shopping habits to make room for small businesses. It’s a challenging time for small businesses. A majority of small businesses – 59% — cited financial uncertainty as the biggest challenge they’re facing. Business owners were...