Browsing Category
Personal Finance
My 4 Biggest Financial Regrets and What I Learned From Them
Image source: Getty Images
There's no shame in making mistakes that we learn from.
Key points
Fear-based financial decisions rarely work out…
Read More...
2 Sneaky Ways DoorDash Forces You to Pay Extra
Image source: Getty Images
Your next food delivery order may cost more than you planned.
Key points
Delivery apps like DoorDash are convenient,…
Read More...
It took me almost 3 years to save for a trip to Italy, but now that I know better I’ll do 3
When I began saving for a trip for two to Italy, I didn't have much experience with big expenses.
I spoke with two financial planners about how to save efficiently for trips.
Next time, I plan to research savings accounts, use a travel rewards…
Read More...
3 strategies 2 siblings used to get themselves out of poverty and secure generational
Siblings Sunem and Israel Tovar have a combined investment portfolio worth $327,000.
They keep each other accountable and have even taught their extended family how to invest.
They started the Dream Teacher Project to help other teachers of color…
Read More...
The exact strategy I’m using to save on the cost of food as a financial planner
When you buy through our links, Insider may earn an affiliate commission. Learn more.
Higher food costs are unavoidable right now, but I'm taking steps to cut my spending.
I'm dining out less, and I've cut out streaming services to make up for bigger grocery bills.…
Read More...
The 2 Biggest Mistakes Investors Make in a Down Market
(Liz Brumer-Smith)
Down markets aren't fun. Volatility, market swings, and notable losses in portfolio earnings can be hard for any investor to stomach. Turbulent times like we're seeing today can even lead some investors to make big mistakes that, more often than not, make your portfolio worse off in the…
Read More...
3 Reasons a Large Social Security Cost-of-Living Adjustment Is Bad News
(Maurie Backman)
Will Social Security's next cost-of-living adjustment (COLA) make 2022's seem negligible? There's reason to believe it might.Granted, it's too soon to land on a solid estimate because we need third quarter data from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W)…
Read More...
Retirement Tax Trap? What You Need to Know About Tax Deferral
ContentsWould you like to pay less in taxes this year? is a trick question. A pertinent answer is another question: will it cause me to pay more in taxes later? If not, duly paying less in taxes is a no-brainer. But when paying less in taxes now is merely tax-deferral, the decision can be brain-racking. It involves comparing the tax reduction…
Read More...
Liz Weston: Just Starting Out? Learn From Our Mistakes
Those of us who write and talk about money for a living tend to have our financial acts together. But that wasn’t always the case. I invited some personal finance experts to share what they wish they could have told their younger selves about money.
If the stock market scares you, nationally syndicated Washington Post columnist…
Read More...
Everyone says right now is the time to invest in I bonds, but I have 3 reasons not to take
Friends, family, and experts have told me now is the time to invest in I bonds.
They're a good choice because they're stable, secure, and the rate is high right now.
However, they're limited, inflexible, and the variable rate concerns me.…
Read More...