Personal Finance
Personal Finance Articles
Financial adviser and author David Bach first coined the phrase “The Latter Factor” in his 1999 book Smart Women Finish Rich. He believed cutting spending on things you don’t need, such as...
Published:
Jerome Powell and the Federal Reserve did as expected on Sept. 18, cutting the benchmark interest rate by 50 basis points to 4.75% to 5%. This is a sign that inflation has mostly been tamed. It also...
Published:
Almost every essential good has risen across the board in recent years, and that has many seniors concerned. Indeed, if the annual cost of living adjustments (COLA) put forward by the SSA can’t or...
Published:
24/7 Insights This Redditor hopes to retire at 40 with a $5 million net worth. There is a lot of money tied up in real estate. Commenters in this post were quick to point out flaws in the...
Published:
24/7 Insights This Redditor wonders if they are on track to have a $7 million net worth. The plan is to retire in the next 14 years or so. There is a question about how much to anticipate...
Published:
The FIRE (financial independence, retire early) movement may have taken a few backward steps amid inflation. With the costs of everything (fast food included) rising steadily in the past two years,...
Published:
If you’re thinking about retiring, make sure you can do so peacefully. Right now, half of Americans can’t. In fact, about 57% of Americans say they’re behind on their retirement savings, as...
Published:
24/7 Wall St. Insights: How much life insurance you need is a very personal decision influenced by individual considerations that a simple rule of thumb like 10x your annual income can’t address....
Published:
24/7 Wall St. Key Insights: A financial advisor doesn’t just manage investments, though that is their main function. Working as a logical counter-weight to emotional decision-making, financial...
Published:
Those who have been fortunate enough to make significant amounts of money should feel no shame in taking care of the less fortunate and should be eager and willing to share the blessings of life with...
Published:
24/7 Insights It would help to have a set financial plan before you turn 40. At the very least, you should have retirement accounts established. Make sure you always have an emergency fund...
Published:
24/7 Insights This Redditor is set to make $11 million from the sale of their business. There is a question of whether a robo-advisor or wealth manager is better. We are missing some info on what...
Published:
24/7 Insights There is no one-size-fits-all method of managing finances for married couples. Combining finances is a sign of trust and can help strengthen a marriage. Learn more about taking charge...
Published:
Last Updated:
A will is a legal document that lays out your wishes upon death. Wills are commonly considered financial in nature because they detail how you want your assets distributed and appoint one or more...
Published:
24/7 Insights There are a few financial conversations you need to have before turning 50. It’s important to have a plan for all kinds of eventualities. Making plans about end-of-life is among...
Published: