Financial education has garnered new attention in the post-recession world. Now schools, non-profits and financial institutions are partnering to find ways to make personal finance cool to kids, all the way from kindergarten to …
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Retirement-Age Women Twice As Likely As Men To Live In Poverty — What’s Going On?
When it comes to personal finance, there is (if you’ll pardon the pun) a wealth of information to show women are more cautious, more meticulous and more responsible. And yet, a new study today from the U.S. Government …
What’s Driving Americans to Retire Abroad? Money — or Lack of It
In the aftermath of the global financial meltdown that ravaged 401(k) accounts and decimated home values, a growing number of Americans are stretching their retirement savings by spending their golden years overseas.
Day-Trading Your 401(k): Bad Idea, or the Worst Idea?
Back in the wild and woolly and, well, more innocent days of the tech stock boom — you remember it, don’t you? — it seemed like everyone and his brother and second cousin twice removed had taken up day-trading. To a lot of …
The “Action Gap”: Why Workers Refuse to Save More for Retirement
New research uncovers a vexing problem: The typical worker can readily find an additional 5% to 10% in their budget to put away for retirement. But they don’t do it because they are unsure what moves to make.
Proof That Workplace Financial Education Works
One-on-one financial counseling at the office leads to higher savings rates and other wise money choices, a new study shows. Other research in this area is conflicting. But employers are embracing the benefit.
Retirement Savings: 11 Times Final Pay is the New Target
How much do you need to retire? It’s the cosmic question of our day and a new report from Aon Hewitt puts forth a simple answer. But this won’t be the last word on the subject.
Why It’s Good That 76 Percent of Women Reported Being Their Household’s Primary Retirement Planner
A new report shows that more women are taking on a greater role in investing and family financial planning — and this could spell great news for the economy.
10 Things You Should Be Buying Used
What if everything didn’t have to be new? Thanks to sites like Craigslist.org and Freecycle.org, along with old-school standbys like thrift shops and tag sales, there are more ways than ever to score new-to-you stuff. Buying …
Women and Money: Even College Grads Flunk Personal Finance
One of the chief conclusions that financial literacy experts have drawn in recent years is that college graduates typically know enough to manage their money reasonably well. Now, a new study looking specifically at educated …
Are You Saving Too Much? No, Really
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.
5 Smart Strategies for Managing Your Debt
Consumers have been good about paying down their debt. But they stink at managing what debt remains. Here are five ways to keep control.