When it comes to money, men really are from Mars and women from Venus, according to an expert panel at the Council for Economic Education. The one thing they have in common: Neither is particularly astute when it comes to managing their finances.
Even after the recession decimated the net worth of millions, some economists argue people are being tricked into saving more than they need. At least they have conviction.
Consumers have been good about paying down their debt. But they stink at managing what debt remains. Here are five ways to keep control.
Workers increasingly see themselves as more physically fit than fiscally fit, suggesting that good health is their strategy for saving money in retirement. But until they get control of their finances, their health is at risk no matter how many laps they may swim.
The Museum of Saving opened its doors in Turin, Italy last month, with a mission to bring personal finance to life. Financial education is being taken seriously around the world.
The wealth of American families has fallen to levels last seen in the early 1990s. Yet a shrinking payout for Nobel Prize winners suggests that even our brightest minds must adjust to the new normal.
Under-saved boomers have long believed that a tremendous generational transfer of wealth will save their retirement. Estimates have put the expected bequest from boomer parents at $10 trillion to $30 trillion. Well, don’t count on it.
An enduring legacy of the financial crisis has been a clear shift in personal values—away from materialism and toward relationships and experiences. Born out of need, this national (if not global) rethinking of what is most important has had remarkable staying power even as the economy has started to improve.
The financial literacy movement is getting a valuable boost. At the second gathering of the Clinton Global Initiative America, which runs today and Friday in Chicago, the accounting giant PwC will unveil a $160 million campaign …
401(k) fees are back in the news. These plans still make sense for many workers, especially if there is a company match. But it’s tough to make the case for sticking around once you retire or find another job. Here are four ways to treat your 401(k) assets.
Corporate charitable giving is down. But three trends are making it easier for individuals to get the most out of their employer when it comes to personal philanthropy.
A new report says that investors lose up to 30% of their savings to hidden 401(k) fees. That’s probably a stretch. But outlandish fees are a definite problem. Here’s how you can avoid them.