With 46 states signed on for the new Common Core academic standards in 2014, the Federal government is bidding to make personal finance instruction an embedded part of Math and English. Treasury will unveil an online teachers tool this spring.
Planning
Why Can’t People with Student Loans Refinance at Better Rates?
Thirty-seven million people with $1 trillion in student debt have been unable to take advantage of historically low interest rates. Is it time to invite them to the refi party?
How to Master the Allowance Question and Prepaid Cards in One Shot
Virtual family banking site FamZoo has introduced a prepaid card that actually makes sense–for kids and parents.
Bold New Rule: Students in the U.K. Must Study Personal Finance
Dozens of countries, including the U.S., are searching for ways to raise the financial I.Q. of their citizens. But only a handful have taken the bold step of making personal finance a high school requirement. Here’s why the U.S. needs to move faster.
Three Strategies for Saving Money on College That May Not Work as Promised
Yes, you can save money and avoid student loan debt by employing some of the classic strategies suggested by personal finance gurus. But you may not save as much as you think—and you could even wind up spending more.
Time Really Is Money: Five Tips For Maximizing Both
An informative and entertaining new book about time offers some valuable and useful insights about money too.
Fuel Your 401(k) with the Secrets of Behavioral Finance
There are simple steps you can take to apply the theories of behavioral finance to your own 401(k) and improve your financial future.
Boomers Never Got Their $30 Trillion Inheritance — Will Millennials?
As banks contemplate $30 trillion flowing from boomers to Gen Y over the next 30 years, they’re starting to think about how to capture this important and largely under-served demographic.
Schools Suing Graduates for Defaulting on Loans
With more graduates defaulting on educational loans, schools like Yale and the University of Pennsylvania are taking drastic measures to ensure repayment
Coming Soon for Our Own Good: Restrictions on Big Retirement Account Payouts
Look for employers to curb your 401(k) plan flexibility as they address the problem of lifetime income.
How a $54K-Per-Year School Is Deemed a ‘Best Value College’
The private universities listed in a new “Best Value Colleges” roundup run $54,200 annually for tuition, fees, books, and room and board. That sounds pretty expensive, and it is. Could it also represent a good value? What if students actually paid less than half the list price?
Misguided? Half of Adult Children Think Parents Made No Money Mistakes
Adults past age 30 generally feel their parents nailed it when it comes to money matters, a new survey shows. Are these people doomed to repeat their parents mistakes?