Education
Keeping you informed about the financial topics that matter.
Millennial Money: How to handle mixed-income friendships
Here’s how to reenter the world of socializing and spending while keeping friendships and finances intact...
How Long Should Your Life Insurance Policy Last?
After choosing the benefit the policy will pay out, the most important decision when buying term life insurance is how many years of coverage to get...
Compound Interest Calculator
Find out how much money you can earn with compound interest. Use this calculator to see how your money grows over time, as you earn interest on your account balance...
how to refresh your budget for the new post-pandemic normal
As Americans open their wallets and return to some of the activities they missed most during the pandemic, caution is warranted. The backdrop is not the same as it was in February 2020, meaning that an old budget may not work for the current prices of goods and...
What Is a Roth IRA?
A ROTH individual retirement account allows you to earn tax-free investment growth on your retirement savings. When you save for retirement in a Roth IRA, you don't have to worry about a big tax bill in retirement because withdrawals are typically tax-free...
Child Tax Credit 2021: Who Gets $3,600? Will I Get Monthly Payments? And Other FAQs
People have lots of questions about the new $3,000 or $3,600 child tax credit and the advance payments that the IRS will send to most families in 2021 – and we have answers...
Rule of Thumb for Adjustable-Rate Mortgages
Adjustable-rate mortgages, also known as ARMs, can be risky. After a few years at a low fixed rate, your annual percentage rate (APR) and monthly mortgage payments can then bounce around and potentially wreak havoc with your budget. Here are rules to follow as you...
Widespread Student Loan Forgiveness Is More Likely Now Than Ever Before – Here’s Why
44 million Americans struggle under the weight of student loan debt. The concept of widespread student loan forgiveness – a blanket cancellation of outstanding student loan debt for most or all student loan borrowers – has long been a pipe dream for many. But that may...
Millennial Investing Ticks Up Despite Coronavirus Hit to Markets
The last economic crisis struck as many millennials were graduating from college. This time, it came as many were starting retirement funds and stock portfolios. But now the cohort is older and wiser, and some are doubling down on investing even amid the coronavirus...
10 Ways Millennials Are Able to Save Money
As a ‘millennial,’ I constantly find myself on the receiving end of financial advice that’s either way over my head (tax-loss harvesting?) or seemingly impossible (how can I save half of my income when half my income is rent?). Many personal finance...