A new report from Fidelity Investments found the vast majority of Americans who plan on making a financial resolution for 2024 are shifting their goals due to financial pressures. Fidelity’s 2024 New Year’s Resolutions study, released on Thursday, showed two-thirds of Americans plan on making a financial resolution for the…

As a general rule, when it comes to savings plans, the earlier you start the better.  This holds true for things like buying a home, paying for a wedding and more long-term plans like saving for retirement. It’s also true when it comes to saving for your children. While it…

There is a wide variety of books available to readers that promise to have you making or saving money in no time. Earning and saving takes much more work than simply reading a book, but the information written by experts can assist in the discipline and self-control it takes to…

The IRS recently announced that the amount individuals can contribute to their 401(k) plans in 2024 has increased and catch-up contributions are getting a minor tweak.  401(k) & IRA Catch-Up Contributions 2024  401(k)s: $23,000 from $22,500 IRA catch‑up contribution limits for individuals aged 50+: Amended to include an annual cost‑of‑living adjustment…

Even though the Federal Reserve put a break on interest rate hikes in September, inflation remains stubbornly high and it may offer close to no relief to the average American dealing with credit card debt. In fact, credit card debt increased to more than $1 trillion in the second quarter…

Two years of living under high inflation has many Americans feeling stuck when it comes to making financial progress, according to a recent BMO Financial Group survey. Overall, 46% of Americans said they have not made any financial advances since inflation hit a historical high two years ago, according to the…

As millions of student loan borrowers prepare to get their first student loan bills in more than three years, some said they would refuse to pay. In fact, one in four Americans with student loan debt said they’ll boycott student loan payments when they are set to resume on Oct.…

Kevin O’Leary delivers blunt-force business and personal finance advice on an upcoming episode of the digital game show “Rent Free” with Ankur Jain, CEO and founder Bilt Rewards. Entrepreneurs “deserve to burn in hell in perpetuity” for ignoring his most critical suggestion, the no-nonsense celebrity investor says to Jain at…

Taking out a 401(k) loan can help borrowers pay off immediate debt like credit cards and medical bills. But picking into these savings before retirement may not be the best option, and it could become a repeat move. In fact, more than half (55%) of participants who took at least…

Having a million dollars to your name can seem very unattainable. Without the help of family inheritance, or a lucky scratch ticket, how do you get there?  The good news is that it is possible to reach a million dollars without the help of some lucky lottery numbers. It is,…