Get smart with your money
If anyone tells you a 401(k) loan is a cheap way to borrow, they are both right and very, very wrong.
401(k) loan interest rates are low. But the way many Americans repay them spells disaster.
In my latest for the Associated Press, how a reckless 401(k) loan could turn out to be the most expensive money you’ll ever borrow.
Today’s top story: 401(k) mistakes for new grads to avoid. Also in the news: 6 financial questions you’re too embarrassed to ask, why you should scatter your bank accounts, and 5 facts that prove Americans don’t know anything about managing money.
New Grads, Don’t Make These 401(k) Mistakes
Plan carefully.
6 Financial Aid Questions You’re Too Embarrassed to Ask
We’ve got answers.
Why You Should Scatter Your Bank Accounts
Don’t keep it all in one place.
5 Facts that Prove Americans Don’t Know Anything about managing money
We need to get better at this.
Today’s top story: How to gift stock to a new grad. Also in the news: Memorial Day weekend sales, what to do if you miss a financial goal, and why your 401(k) can be a cash drain.
How to Gift Stock to a New Grad
A gift for the future.
Making a Major Purchase? Wait for Memorial Day
But remember the real reason for Memorial Day.
If at First You Miss a Financial Goal, Try, Try Again
Don’t give up!
Why your 401(k) can be a cash drain
It’s possible to be “401(k) rich and cash poor.”
Today’s top story: How to dodge scams and time-wasters in the online job market. Also in the news: Credit card bonuses are drifting further away, how job hopping can hurt Millennials in retirement, and how to fraud-proof your retirement savings.
Online Jobs: How to Dodge Scams and Time-Wasters
Don’t get taken for a ride.
As Credit Card Bonuses Balloon, They Drift Further Away
Bigger isn’t necessarily better in this case.
Job Hopping Can Hurt Millennials in Retirement
The 401(k) game.
6 ways to fraud-proof your retirement savings
Protecting your savings.
Today’s top story: NerdWallet’s best credit card tips for May 2017. Also in the news: VA loan funding fees, the best banks for multiple savings accounts, and 401(k) myths you can’t afford to believe.
NerdWallet’s Best Credit Card Tips for May 2017
Which cards you should be considering.
VA Loan Funding Fee: What You’ll Pay and Why in 2017
Don’t be caught off-guard.
Need Multiple Savings Accounts? Here’s Where to Bank
Which banks offer the most bang for your bucks.
401(k) myths you can’t afford to believe
Time for some myth busting.
Today’s top story: Making a habit of checking your financial health. Also in the news: Online business ideas for couch potatoes, how one couple paid off $20K of debt in 18 months, and how Trump’s tax plan may affect your 401(k).
Start a New Habit: Check Your Financial Health
Almost as important as your physical health.
3 Online Business Ideas for Couch Potatoes
Make money from your recliner.
How I Ditched Debt: Active Budgeting Pays Off
How one couple paid off $20,000 in 18 months.
How Trump’s tax plan may affect your 401(k)
Digging into the details.