Published: October 22, 2020
Teaching kids about money, including how to save and spend wisely, can set them up for long-term success.
Published: September 23, 2020
Make credit cards work for you by maximizing rewards while avoiding debt. Credit cards are a way of life. Leaving home unburdened by cash is great and so is getting a free airline ticket or hotel stay, cash back, or other rewards just for spending money. Credit cards are just so easy and convenient to use. But that convenience has a downside: Credit cards can be the source of debt troubles too. That's why it's important to understand the role of credit cards in your financial life.
Published: September 15, 2020
If the pandemic caused you to relocate across state lines, even temporarily, the next surprise could be having to file an extra tax return and potentially pay more taxes.
Published: August 27, 2020
Longer lifetimes make the penalty for taking Social Security early, and the reward for delaying, too high. Starting Social Security early typically means getting a smaller benefit for the rest of your life. The penalty is steep: Someone who applies this year at age 62 would see their monthly benefit check reduced by nearly 30%.
Published: July 21, 2020
Your quarantine summer may be lacking in exciting vacation destinations but it can still be filled with days in the sun and plenty of relaxation. While you're taking a break from 2020, consider taking the time to do a midyear financial checkup. It can give you a sense of control over your finances and contribute to your overall peace of mind - two things everyone could use this year.
Published: July 14, 2020
Whether you're a high school student starting to apply for college or a parent worried about how to pay for it all; Understanding the expected family contribution (EFC) can help you feel better prepared. Learn how the EFC is calculated, what it means for you, and what you can do to ensure that your college experience is as cost-effective as possible.