The Stars of Saving: Famous People Who Were Smart About Money

Many celebrities crash and burn financially when their television series get cancelled or they lose their appeal at the box office. But others prove that pretty faces are not always adverse to business judgment by making big money in wise investments. Here are four standouts.   Paul Newman: Foodstuffs Baron and Philanthropist Paul Newman went from a childhood in Ohio, through a stint in the Navy... Continue reading
Financial Tips for the Sandwich Generation

Financial Tips for the Sandwich Generation

If you feel pressured by supporting your aging parents on one side and nurturing your growing kids on the other, you aren't alone. According to the Pew Research Center, nearly half of all Americans between 40 and 50 years old — called the sandwich generation — provides financial assistance to both their children and their parents.  If you're part of this group, you face unique financial pressures... Continue reading

How to Start Investing: A Guide for Everyone

The best time to start investing is today. If you just stick your paychecks in your checking account and let the money sit there, you aren't likely to earn much interest, and you may be tempted to spend more than you should. But don't just close your eyes and jump into the world of investing without doing your homework. Here are a few expert tips to get you started.   Put Together Your Own... Continue reading

The Future of Mobile Payments

Mobile payments offer the promise of great convenience, but the technology behind these systems is still in its infancy. Nonetheless, the world of finance seems to be moving in the direction of a cashless society. While physical money might never be phased out entirely, the ease of use and low cost of electronic transactions can eventually transform mobile payments into the option of choice for... Continue reading
Budget For These Travel Expenses

Travel Expenses to Start Budgeting For

Date: May 2, 2017 The most exciting part of travel might just be in planning the details. But don't get too deep into daydreaming without incorporating another kind of planning: financial. It's never too early to figure out how much your trip will cost and start budgeting for it. Expenses You May Incur Before You Even Leave Home While plane tickets and accommodations are the primary costs of any... Continue reading

Simple Interest vs Compound Interest: Key Differences

Whether you're estimating future earnings or how large your loan balance will balloon after years of not making payments, calculating interest accurately is vital to financial planning.  "Simple interest" and "compound interest," are both methods of calculating how much interest accrues on an account. While simple interest is the shorter calculation, compound interest is more accurate.   How... Continue reading

College Cost Calculator

The high cost of a college education has made it more important than ever to plan ahead for future education expenses. But you must also consider more than just the cost of education itself — and account for things like room and board, supplies and spending money as well. Whether you're planning for your own education or the future education of your children, you don't want to be left scrambling... Continue reading

How to Retire Overseas

Retirement can be an adventure if you're open to the possibility of moving abroad. Your retirement income may go further if you spend your golden years in a foreign land than if you stay put in your hometown. And, you'll have the chance to experience a different culture. But before you ship off to Fiji, here are a few financial tips to get you started planning for your golden years. Continue reading

Introduction to Pension Plans

While some people still stash cash under their mattresses for retirement, the majority know there are more springs than savings under there.  When it comes to true savings, interest-bearing investments are the way to make money grow before you clock out for the last time.  Because there are so many types of pension plans, it's important to understand the basics first before planning for your... Continue reading

Child Care Costs vs. Income

The decision to work or stay at home with the kids has become increasingly complex for families due to the realities of today's economy. In some cases, the cost of child care not only outweighs the income provided by a second job, but it's also a household's largest single expense. It can cost the average family more than college tuition or even housing. Here's a look at the current state of... Continue reading