Savings
Millions of American young adults are graduating from college this season and beginning the next chapters of their lives. The ceremonial celebrations of graduations often come with receiving gifts of congratulations from family and friends. Many gifts are money.New grads may be tempted to spend their gift money — but…
With Valentine’s Day approaching and tax season underway, both love and money are in the air. Although most couples claim to be well-aligned when it comes to their spending and financial futures, new data shows some partners might want to sit down and have a talk.Fidelity Investments’ biennial Couples &…
A majority of Americans say a $1,000 emergency expense would be too great of a hit to their savings and that they could not afford it, according to new data released Wednesday. Bankrate’s latest survey results found 56% of U.S. adults lack the emergency funds to handle a $1,000 unexpected…
Money-related New Year’s resolutions are common because, often, many people want to improve their financial situation. Unfortunately, merely stating intentions like “get out of debt in 2024” or “save more money” without concrete plans is often just a wish, which is why many resolutions are abandoned by February. That doesn’t…
Generation Z faces an uncertain financial world, and they’re well aware they likely won’t have the same benefits as generations that preceded them. Roughly one quarter (23%) of Gen Z don’t expect to ever be able to retire, according to a recent McKinsey & Company study. This belief stems from…
Navigating the shift from employment to self-employment requires careful planning, dedication and a willingness to embrace the entrepreneurial spirit. By strategically approaching this transition, individuals can unlock the doors to a fulfilling and successful self-employed career.Assess your skillsDevelop a business ideaCreate a business planBuild savingsUnderstand legalitiesDevelop an online presenceStart networkingManage…
When should you leave money to your kids? “Die with Zero” author and hedge fund manager Bill Perkins told Fox Business’ Neil Cavuto “don’t wait until you die.”The author weighed in on how to approach the topic of sharing wealth with your children while spending to live comfortably. SHOULD YOU…
Many Americans set goals for the new year that involve getting in better shape or cutting out bad habits, but one expert says to be sure not to ignore your financial health when planning your self-improvement. David Ragland, CEO of IRC Wealth and a certified financial planner, provided FOX Business…
As the cost of living continues its journey upward, consumers are finding this tough to deal with, according to a Bread Financial survey. Fifty-seven percent of survey respondents said their financial goals would be more difficult to meet than in other years, and 64% cited the cost-of-living increase as their…
Numbers don’t lie – and according to a recently released report, Gen X has the largest retirement savings wealth gap when compared to any other generation. “Cut back on spending and increase savings. That’s all they could possibly do,” Thru the Cycle President John Lonski said on “Varney & Co.”…