Personal Finance

Holiday Travel Likely to Bring More Debt

Posted: October 17, 2019 at 12:55 pm

The holiday season is nearly upon us, and according to a recent CreditCards.com report, about 60 million U.S. adults are planning travel or a hotel stay during this time. Unfortunately, ...
Read Full Story »

20 Dividend Stocks for All Baby Boomers to Retire On

Posted: October 15, 2019 at 6:35 am

It may not be a secret that investors love dividends, but many retirees absolutely have no choice but to invest in strong dividend stocks that have a history of stable ...
Read Full Story »

Student Debt Nears $1.5 Trillion, 5 Times 2003 Level

Posted: October 14, 2019 at 9:54 am

As of the end of the second quarter of this year, U.S. student loan debt outstanding amounted to $1.48 trillion, a total more than five times the amount borrowed in ...
Read Full Story »

Social Security Recipients to Get 1.6% Raise in 2020

Posted: October 10, 2019 at 11:15 am

The Social Security Administration has just announced a pay raise for those who are collecting Social Security payments in 2020. The cost of living adjustment (COLA) brought the payouts up ...
Read Full Story »

10 Easy Steps to Boost Your Income and Cash in Retirement

Posted: October 10, 2019 at 8:10 am

Most Americans will either have to or want to retire one day. With the massive population of baby boomers out there, millions of them already have started their retirement and ...
Read Full Story »

US Wastes $760 to $935 Billion Annually on Health Care

Posted: October 8, 2019 at 1:20 pm

Nearly 25% of U.S. spending on health care is wasted, according to a new study published Tuesday in the Journal of the American Medical Association (JAMA). Health care accounted for ...
Read Full Story »

Are Americans Getting Enough Out of Airline and Hotel Rewards?

Posted: October 3, 2019 at 1:40 pm

Nearly half of U.S. adults who participate in airline and hotel rewards programs have let their points or miles expire at some point, according to a new survey. Also among ...
Read Full Story »

A Drop in Income Might Scramble Your Brain

Posted: October 3, 2019 at 8:00 am

That experiencing a decline in income might upset somebody is a no-brainer, but new research from the American Academy of Neurology suggests that it might literally affect the brain in ...
Read Full Story »

Online and Discount Trading Firms See More Carnage From Zero-Commission Efforts

Posted: October 2, 2019 at 1:10 pm

The world of trading stocks, bonds, mutual funds and exchange-traded funds has been an ever-changing landscape. Charles Schwab Corp. (NYSE: SCHW) came public in the 1980s and its model as ...
Read Full Story »

If You Loaned Money to Family or Friends, Don’t Count on Getting Paid Back

Posted: September 26, 2019 at 11:43 am

Lending cash to friends or family members ends badly about half the time. The lender either is not repaid or suffers damage to the relationship. Still, 60% of Americans have ...
Read Full Story »

More Millennials Are Shopping for Credit Cards

Posted: September 19, 2019 at 12:00 pm

Millennials make up a huge portion of consumers in the U.S. economy and, with all this spending, millennials are flocking to credit cards. In fact, according to a report from ...
Read Full Story »

Is That New Car Smell Worth $14,000?

Posted: September 18, 2019 at 10:46 am

The average transaction price for a new vehicle last month was $37,401, down slightly from the July average, but up 2% year over year. Perhaps that's one reason that franchise ...
Read Full Story »

These Are the Cars Americans Keep the Longest

Posted: September 18, 2019 at 10:20 am

The average age of a light-duty vehicle (passenger car, pickup truck or sport utility vehicle) currently traveling U.S. roads and highways is 11.8 years. Research firm IHS Markit estimates that ...
Read Full Story »

Are Millennials Good Tippers?

Posted: September 12, 2019 at 1:45 pm

Proper etiquette would suggest tipping for certain services, but this isn’t always the case. Some people are more generous than others, while many aren’t giving tips at all. A new ...
Read Full Story »

How Consumers Look Today as Recession Risks Become More Prominent

Posted: September 11, 2019 at 2:05 pm

With the endless media calls for a recession, one would think most Americans would at least be preparing for a downturn. Either the public thinks the media's use of the ...
Read Full Story »