For every rule of thumb, there are hundreds of people who would quibble with it. We saw that just recently with a USA Today columnist who quantified exactly how much you need to save for retirement (his answer, via an analysis by T. Rowe Price: $82.28 a day). Lots of people didn’t like that the […]
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Friday’s need-to-know money news
Today’s top story: How to find the right credit card. Also in the news: Improving your financial knowledge, setting good financial examples for your kids, and why payday loans are as bad as Peeps. What Credit Cards Should I Avoid? Finding the card that best suits your needs. 5 Ways to Improve Your Financial Knowledge […]
Thursday’s need-to-know money news
Today’s top story: What you need to save every day for a comfortable retirement. Also in the news: The three tax buckets, the 10 commandments of savings, and four boring but essential money conversations. $82 a Day Is the Average Savings for a Comfortable Retirement $82.28 to be exact. What Pre-Retirees Should Be Asking About […]
Wednesday’s need-to-know money news
Today’s top story: What to do if you made a mistake on your taxes. Also in the news: How to help a friend in financial trouble, money mistakes to avoid on your honeymoon, and what you need to take care of financially before your baby arrives. Help! I Did My Taxes Wrong Don’t panic! Helping […]
Tuesday’s need-to-know money news
Today’s top story: Protecting your 401(k). Also in the news: What to do if you have a large tax bill, rental mistakes to avoid, and the two legal documents you can’t live without. How To Spot A 401(k) Rip-off Don’t sell your retirement short. Big Tax Bill? IRS Offers Payment Options Taxes don’t have to […]
What you–and your kids–really need to know about money
In case you haven’t noticed, efforts to teach financial literacy in schools and elsewhere are a pretty big failure. As a nation we’re not getting much better at managing our money. Efforts to change that by teaching money skills in schools haven’t done much to improve the situation. Follow-up studies on people who took financial […]