Personal Finance

10 Vehicles That Depreciate Fastest (and Slowest)

Posted: October 12, 2018 at 10:25 am

Depreciation accounts for nearly 40% of the average annual cost of operating a vehicle, according to a report last month from AAA. After five years, the vehicles that depreciate least ...
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More Than 14 Million Personal Records Exposed in September

Posted: October 11, 2018 at 12:20 pm

The Identity Theft Resource Center (ITRC) reported Thursday morning that there were a total of 57 U.S. data breaches in the month of September, resulting in the exposure of 14.45 ...
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With $750 Million Up for Grabs, 12 Things Not Do If You Ever Win the Lottery

Posted: October 9, 2018 at 12:35 pm

There soon will be some new rather filthy rich people in America. The two major lotteries have combined jackpots worth more than $750 million! Tuesday night's Mega Millions lottery drawing ...
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10 US Cities With the Lowest Number of Homes for Sale

Posted: October 7, 2018 at 9:08 am

It's no secret that the homes-for-sale inventory has been low for months. If we tack on the affordability, the inventory available to first-time buyers has been even lower. While this ...
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Since the Housing Crisis, Foreclosed Homes Have Appreciated Most Rapidly

Posted: October 5, 2018 at 7:55 am

Following the housing bust of 2007, the value of a foreclosed home in Denver dropped by 21%. Since then, that same home has appreciated in value by 116%. While Denver ...
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Are Parents Risking Their Retirement by Financially Helping Their Adult Children?

Posted: October 5, 2018 at 7:10 am

Parents might think that once their kids move out of their house as adults that their adventure of expenses is coming to an end. A new study from Merrill Lynch ...
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Secret Service Warns Banks of Attacks on ATMs

Posted: September 28, 2018 at 11:15 am

The U.S. Secret Service issued a non-public alert to the country's banks this week informing them of recent reports of a complicated kind of ATM-skimming that involves thieves cutting a ...
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Losses From Hurricane Florence Could Reach $30 Billion

Posted: September 25, 2018 at 1:55 pm

As of Monday, 10 days after Hurricane Florence made landfall in North Carolina, 43 deaths have been blamed on the storm and property damage could reach as high as $30 ...
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Average US Credit Score Reaches All-Time High

Posted: September 25, 2018 at 10:05 am

A credit score could make the difference in qualifying for a mortgage or car loan, a new credit card, or, in some cases, whether you can get a new job. ...
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A New STD: Sexually-Transmitted Debt

Posted: September 23, 2018 at 8:21 am

Love, they say, is blind, and what makes the world go around is money. Sometimes the two happily walk through life hand in hand. But nearly a third of the ...
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Holiday Season Shoppers Set to Spend More This Year

Posted: September 21, 2018 at 11:35 am

With plentiful jobs, (slightly) higher pay and consumer willingness to spend, analysts at Deloitte project that the 2018 holiday shopping season will see a 5.0% to 5.6% year-over-year increase in ...
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Why Do Married Men Earn So Much More Than Everyone Else?

Posted: September 19, 2018 at 12:55 pm

The gender pay gap is a well-documented artifact of the U.S. income distribution. In 2018, women earn about 80 cents for every dollar earned by men. On an annual basis, ...
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Avoiding the Next Crash: 10 Alternative Investments Outside of Stocks, Bonds, ETFs and Mutual Funds

Posted: September 19, 2018 at 7:35 am

It may seem hard to imagine that it has been 10 years since the United States was in the grips of the financial crisis. The crisis is over and the ...
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How Financial Market Vocabulary and Lingo Have Changed Since the Financial Crisis

Posted: September 17, 2018 at 12:35 pm

It is without argument that the financial crisis changed America. It also changed the world's economic landscape. It has now been about 10 years since the collapse of Lehman Brothers ...
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Best (and Worst) Cities to Get a Mortgage with Poor Credit

Posted: September 16, 2018 at 8:41 am

The average credit score for homebuyers seeking a 30-year fixed-rate mortgage is 755. That rate applies to what are known as conventional, conforming loans. Those are mortgage loans for 80% ...
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