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Despite the financial devastation caused by COVID-19 and current rapid inflation, there is some good news. According to a survey by the Transamerica Center for Retirement Studies, 67% of Generation Z workers are saving money via employer-sponsored retirement plans and/or outside the workplace. They also started at age 19 (the median age), which is earlier than any preceding generation. By Casey Bond Good To Know: 6 Types of Retirement Income That Aren’t TaxableImportant: With a Recession Looming, Make These 3 Retirement Moves To Stay On Track...

October isn’t just a month to conjure up ghouls and dress up like Harley Quinn or the kids from “Stranger Things,” it’s also the best time of the year to spruce up one’s credit score. Why? Because Oct. 20 is National Get Smart About Credit Day. By Nicole Spector See: 9 Bills You Should Never Put on AutopayFind: This Credit Score Mistake Could Be Costing Millions Of Americans Part of the Get Smart About Credit program, which was started by the American Bankers Association Foundation in 2003, this “holiday” encourages consumers to promote healthy personal finance habits, including building and maintaining a strong credit score....

It’s the most wonderful time of the year, but it might not feel like that when you check your banking account. GoBankingRates’ 2022 Holiday Spending Guide is already anticipating that many of us will be keeping a closer eye on our gift-buying budget this year…while also probably going over what we intended to spend on presents for our loved ones. By Jake Arky There’s a helpful hack, however, that you can utilize to your advantage this holiday season: check off your list of presents at your local thrift store....

The amount of women with careers in finance is growing every year, but there still remains a sizable pay gap between women and men. The average hourly wage for men working in finance is $40, while the average rate for women is only $27 per hour. By Sam DiSalvo More: 27% of Women Say Caregiving Is Their Biggest Career ObstacleImportant: How Every Woman Can (and Should) Become a Confident Investor...

As we age, we start to need more and more help with tasks we have always done on our own. At the same time, we may find ourselves a bit isolated as children move out of the house and we lose contact with old friends. Retirement communities are one way to get the help you need while having plenty of opportunities to socialize with your neighbors. By Bob Haegele Typically, these are 55 and up communities that will have you living in a communal setting, such as in an apartment or a condo....

It can help to have a service that guides your portfolio choices when investing. Betterment and Wealthfront are two popular investing advisement services — but which is better? By Scott Jeffries Features Getting Started Tax Strategy Looking To Diversify in a Bear Market? Consider These 6 Alternative Investments Here’s what you need to know about Betterment vs. Wealthfront to invest. Betterment vs. Wealthfront: Advanced Features When it comes to features, both Betterment and Wealthfront are impressive....

For many millennials, the dream of homeownership feels painfully out of reach. With mountains of student debt, increasing home prices and salaries that haven’t kept up with inflation, it can seem impossible to come up with the money for a down payment and a monthly mortgage payment. But new developments full of “built-to-rent” homes are offering wannabe home-dwellers an alternative — it can now be affordable to live in the home of your dreams, with the catch that it isn’t really your home....

Your Social Security card is one of the most important pieces of ID you have. A lost or stolen Social Security number (SSN) can lead to severe financial and personal consequences that are more difficult to reverse than, say, those of losing a credit card. By David Nadelle Retirement at Any Age: Get Retirement Tips That Fit Every Stage of LifeRead More: 7 Surprisingly Easy Ways To Reach Your Retirement Goals...

Consumers and the government alike are cracking down on companies that have engaged in negligent or harmful policies — whether it’s purposefully slowing down data while keeping rates high (in the case of AT&T), facial recognition breaches (Google and Facebook) or even leading to foreclosure on houses due to faulty mortgage practices (Wells Fargo). By Selena Fragassi See: $2,000 Quarter? Check Your Pockets Before You Use This 2004 CoinRead: Protect Your Financial Future With Gold and SilverFind: 10 Things To Stop Buying in 2023...

For young people, one of the biggest roadblocks to getting loans is that they don’t have much credit history to put on their applications. But many have found a way around that problem by having their rent payments reported to credit reporting agencies, according to a pair of new surveys from TransUnion. By Vance Cariaga A pair of new surveys from TransUnion reveals whose payments are being reported and why....

Giving someone access to your credit card is not a decision to be taken lightly. Even family members you think you can trust could end up misusing your credit card if you aren’t careful. By Bob Haegele For example, this mother lamented her son’s $600 spending spree. Her son was 21 years old and got his hands on his grandfather’s credit card — without his mother’s knowledge. Now, $600 is a significant amount of money, but given the circumstances, things could have been much worse....

Car ownership is full of hidden costs that can be surprisingly expensive and include a whole host of things, from insurance to maintenance costs. By Jordan Rosenfeld “Knowing the true cost of ownership for your vehicle can help you prepare for the unexpected,” said Robert Walden, founder of VehicleFreak.com. Also Find: 17 Hidden Auto Costs Your Dealer Will Never Tell You AboutRemember: 8 Extra Moving Costs You’re Probably Forgetting About...

Fifth Third Truly Simple Credit Card Overview The Truly Simple credit card from Fifth Third Bank is, as advertised, a simple credit card that’s good for everyday purchases. There are no bells and whistles, like cash back or travel rewards points, but the introductory APR of 0% for 18 months makes it attractive for both new purchases and balance transfers. By Karen Doyle Overview Features How It Stands Out Comparable Options...

If there is a running narrative about the financial habits of Gen Zers, it’s that they have largely avoided being reckless with their spending and debt. As recently as 2020, Gen Z borrowers saw a 6% reduction in their use of available credit, which ranked first among age demographics, according to Experian. This helped fuel a 13% increase in average credit scores for Gen Z. By Vance Cariaga See: 10 Things To Stop Buying in 2023Read: Get Your Credit Score On Track With These 3 Tips for SuccessThe Future of Finances: Gen Z & How They Relate to Money...

Happy Money Overview Happy Money is a financial services company that offers high-interest credit card consolidation loans, connecting borrowers with one of its many lending partners. Happy Money has funded over $5.2 billion in personal loans, helping over 285,000 borrowers find credit card debt relief. The Payoff Loan, the only type of personal loan offered by Happy Money, enables borrowers to get up to $40,000 to consolidate credit card debt into one fixed-rate loan and pay it back over 24 to 60 months....

It’s no secret that small businesses are vital to our communities and are commonly referred to as “the lifeblood of the U.S. economy.” If the COVID-19 pandemic taught us anything, it displayed how vital small businesses are to communities and how important it is to continue to support these industries. By Maddie Duley Here It Is: Our 2022 Small Business SpotlightAdvice: If Your Credit Score Is Under 740, Make These 4 Moves Now...

Looking to book a long vacation this summer? You’re not the only one. A recent study by car-sharing company Avail shows that Gen Z is the age group most eager to travel in 2022, with 72% planning to splurge on a big trip this year. By Jenny Rose Spaudo See: In Less Than a Decade, You Won’t Be Able To Afford a Home in These Cities Find: 15 Cheap, Beautiful Places To Retire...

By Andrew Lisa 2021 Small Business Spotlight: Check Out Our Small Business Stories, Plus the Nominated Businesses Near YouSee: 94 Money-Making Skills You Can Learn in Less Than a Year The moral of the story is that — even if you have the greatest business idea in a century and you execute everything perfectly — if you’re not prepared to be patient while waiting for profits to start rolling in, you had better be prepared to be disappointed....

“Harry Potter” fans are mourning the loss of beloved actor Robbie Coltrane who passed away today, October 14. The Scottish-born talent played the role of half-man/half-giant Rubeus Hagrid in the series adapted from J.K. Rowling’s popular books, beginning in the 2001 film, “Harry Potter and the Sorcerer’s Stone.” By Selena Fragassi Find Out: How Rich Was Angela Lansbury Upon Her Death at Age 96?Learn: How Much Was Loretta Lynn Worth Upon Her Death at Age 90?...

Food shortages could be coming soon unless the U.S. government intervenes to bring down the cost of fuel and fertilizer, warns the National Black Farmers Association. By Selena Fragassi Looking To Diversify in a Bear Market? Consider These 6 Alternative InvestmentsFind Out: Did Inflation Increase the Price of Bacon, Eggs & Bread in June? President John W. Boyd, Jr., a fourth-generation farmer who founded the nonprofit in 1995 (now representing tens of thousands of African-American food producers and their families), recently told Fox News, that if action isn’t taken, “we’re going to see empty food shelves in the coming months....