Money stress can take the joy out of the upcoming holidays. And don’t get me started about the money hangover in January.
Here are 3 tips to help you steer clear of the money stress and pitfalls of the season:
Money stress can take the joy out of the upcoming holidays. And don’t get me started about the money hangover in January.
Here are 3 tips to help you steer clear of the money stress and pitfalls of the season:
I am tired of reading articles like this: American millennials have an average net worth of $8,000 — and it’s part of a bigger financial problem the generation is facing.
The results of all of these studies are all about decisions that were choices someone made – not an emergency health crisis, or a loss of a job, but concrete choices to spend that money in that way. Many of the choices that are keeping millennials from saving for retirement are flexible expense choices. That means, if you are a millennial, you are in control of that money choice.
In his recent his column for Marketwatch, Mark Hulbert suggests that no amount of financial education will ever keep people from doing the wrong thing when it comes to their money choices:
“In my experience, the biggest obstacle investors face is not cognitive but behavioral. Even when they have sufficient knowledge, they still do the wrong thing. No amount of education will overcome that.”
Well that’s depressing. And wrong. Financial literacy basics learned and mastered early on can help overcome behavioral missteps later in life.
Dear 2019 Morehouse College graduating class,
This past weekend, Billionaire Robert F. Smith announced that he will pay off your student loan debt, and that was just awesome.
Now, nothing stands in the way of you opening your 401(k) and funding it to the max as soon as you start work.