Pre-retirees finally seem to be coming to grips with the financial strain caused by increased longevity. Here’s what they are doing about it.
Borrowing
Forget Prince Charming: Why Economic Education Is A Worldwide Imperative
As the severity of this recession sinks in, the call grows louder for a serious plan to help people help themselves when it comes to their finances. After all, things won’t get much better anytime soon.
Struggling for Investment Answers? It Helps To Reframe The Question
Tom ran a public opinion survey a while back where some of the respondents were asked if they believed they could save 20% of their income. Only half said yes. But when the other respondents were asked if they thought they could …
Save for Retirement or Pay Tuition? Most Parents Are Making the Wrong Choice
With all the hand wringing over the high cost of college and amid an increasingly loud debate as to whether the expense is worth it, parents by a wide margin see saving for tuition as equally or more important than saving for retirement.
FTC Blasts Government Debt Collectors For Abuses
It’s not unusual for a government agency to go after rogue debt collectors, but it’s rare that those collection firms are operating on behalf of another federal agency.
Best Library Freebie Ever? Loaner iPads Available
Think your local public library is hot stuff because it’s loaded with DVDs, e-books, and audio books? Some libraries not only loan out these items—oh yeah, regular old print books, too—but laptops, digital cameras, MP3 …
Simply Finishing College Offers the Best Chance to Gain Financial Education
A new report paints a dim picture of success in college. Meanwhile, the failed pursuit of a college degree leaves many in a financial straight jacket: They owe tens of thousands of dollars in student loans and have a diminished …
Debt Tsunamis, Debt Snowballs, and Why the Conventional Wisdom About Defeating Debt is Wrong
When you’re in debt, one of the toughest problems is knowing where to start. It’s not that you have just one debt. You have several. Or dozens. Which debt should you pay off first?
Why Many Banks Don’t Want Your Money
It’s been well-documented that consumer spending is down. Some consumers are spending less, quite simply, because they’re among the many members of the middle-class who suddenly find themselves with less money to spend. Others …
The Right Way to Loan Money to Family and Friends
When a friend or a family members asks to borrow money, your first inclination is probably to help out. You can save yourself a lot of grief by knowing in advance how you'll handle these situations.
The 20 Colleges With the Most (and Least) Student Debt
Each year, U.S. News & World Report releases a list of the nation’s best colleges. In the 2012 edition, they also included a ranking based on the amount of debt the class of 2010 had upon graduation. These are the 10 schools that …
Modern Retirement: Mortgage and Kids Still at Home
Boomers are reshaping retirement by doing it with a mortgage and adult kids at home. This isn't the way it's supposed to work.