Americans Regret Not Having a Rainy Day Fund
The recent Bankrate Financial Security survey showed that most Americans have regrets about the financial decisions they have made. At the top of the list is not saving enough for retirement, but a close second is not saving for emergencies.
American Teen Views on Student Loans and College Education
The student loan debt level in America has skyrocketed over the last decade. Before a family commits to the burden of a student loan, perhaps they should talk to their kids - a recent survey of American teens revealed that only 11% plan to take out a student loan.
3 Reasons Not to Fear Retirement
If you are nearing retirement age, you are not alone. Roughly 10,000 Baby Boomers retire every day in America, and that number is set to stay true for the next 19 years. Many people face uncertainties and fears about their own retirement. When it should be a well-deserved rest after a lifetime of hard work, a lack of planning may result in apprehension and stress.
New Study Reveals Who is Investing in Women
Bloomberg recently unveiled a study that investigates what the big financial players are doing to promote gender equality.
Elderly Financial Abuse
American seniors have historically been late adopters when it comes to technology. According to a Pew Research Center almost 90% of seniors with a college degree use the internet. With more and more mature Americans getting involved in the online community, the amount of scams targeting elders is ever on the rise.
Millennials Can Create a Lifelong Wealth Plan
For a highly educated generation, Millennials show a surprising ineptitude in certain areas of money management. And a generation that lacks secure pensions will certainly need to prepare for their twilight years.
Mother knows best
Motherly love goes a long way, and motherly advice apparently is more important than one might think. With Mother is Day recently being celebrated, as Americans armed themselves with bouquets of flowers, yummy chocolates and tear-jerking greeting cards, one thing that may not have been on the top of their list of things to consider was mom is money advice.
Money Smart Millennials
They watched their parents finances crushed in the recession and their own financial outlook darken in the times following, but Millennials are now raising their financial IQ collectively.