Personal Finance

Should I Use My 2022 Roth IRA Contribution to Buy Shares of Amazon?  |  Smart Change: Personal Finance

Should I Use My 2022 Roth IRA Contribution to Buy Shares of Amazon? | Smart Change: Personal Finance

(Charlene Rhinehart, CPA) Shares of Amazon (NASDAQ: AMZN) plunged after the company released its first-quarter earnings report last month. Recently, the company’s stock dropped to a 52-week low and lost nearly all the gains accumulated during the pandemic. While some investors may be worried about the future of Amazon’s stock, there are others standing on …

Should I Use My 2022 Roth IRA Contribution to Buy Shares of Amazon? | Smart Change: Personal Finance Read More »

How I Won a Bidding War on a House Without Making the Highest Offer

Getting Preapproved Wasn’t My First Step in Buying a House: Here’s Why

Normally, I would have applied for preapproval with several lenders before shopping for homes. Instead, I met with realtors first to find out where in the area I could afford to live. My realtor gave me tips on choosing a lender, and I only ended up applying with one company. Loading Something is loading. In …

Getting Preapproved Wasn’t My First Step in Buying a House: Here’s Why Read More »

4 Kinds of Social Security Benefits Older Americans May Be Eligible for |  Smart Change: Personal Finance

4 Kinds of Social Security Benefits Older Americans May Be Eligible for | Smart Change: Personal Finance

(Christy Bieber) Social Security retirement benefits have kept millions of seniors out of poverty, and many workers look forward to the day they’ll begin receiving checks every month from the Social Security Administration. But while retirement benefits are very well-known and much-anticipated, they are not the only kind of payments older Americans could be eligible …

4 Kinds of Social Security Benefits Older Americans May Be Eligible for | Smart Change: Personal Finance Read More »

Are You Prepared for This $94,900 Annual Expense in Retirement?  |  Personal-finance

Are You Prepared for This $94,900 Annual Expense in Retirement? | Personal-finance

(Christy Bieber) When you save money for retirement, chances are good that you’ll be thinking about how to cover the costs of housing, healthcare, food, travel, and other necessities and indulgences. Unfortunately, there’s a huge expense you could be faced with that you might easily forget — especially if you’re young and healthy. The problem …

Are You Prepared for This $94,900 Annual Expense in Retirement? | Personal-finance Read More »

Opinion |  Personal finance tips won't help Americans truly cope with inflation

Opinion | Personal finance tips won’t help Americans truly cope with inflation

Placeholder while article actions load The Internet uproar over a recent opinion essay on inflation illustrates a fundamental issue with the self-help genre known as personal finance: It generally sticks responsibility for dealing with large economic problems on individuals — even though they often can’t do much to change their situations. The Bloomberg column — …

Opinion | Personal finance tips won’t help Americans truly cope with inflation Read More »

Survey: 67% Say Personal Finance Should Be Required in High School | Credit Cards

A mid-February survey from US News & World Report reveals that over two-thirds of respondents believe that a personal finance course should be a requirement to graduate from high school. On top of that number, another 26% say it should at least be offered as a high school elective. According to Next Gen Personal Finance, …

Survey: 67% Say Personal Finance Should Be Required in High School | Credit Cards Read More »

10 personal finance rules to follow if you are taking a sabbatical from work

10 personal finance rules to follow if you are taking a sabbatical from work

Taking a career break is so common these days. To break away from the past and to move on a different path, one needs time to think through, plan and prepare. Many young mothers take a break from work to raise a child; some take a break to begin an entrepreneurial venture; some decide to …

10 personal finance rules to follow if you are taking a sabbatical from work Read More »

Trustee snaps up Gen Z-focused personal finance app Long Game

Trustee snaps up Gen Z-focused personal finance app Long Game

US financial services firm Trust has acquired mobile savings app Long Game for an undisclosed sum. Long Game uses gamification to saving encourage Long Game is aimed at millennial and Gen Z users and leverages behavioural economics, prize-linked savings and casual gaming to motivate healthy financial behavior and promote better financial education. Trustee intends to …

Trustee snaps up Gen Z-focused personal finance app Long Game Read More »

This Rookie Mistake Could Cost You Thousands |  Smart Change: Personal Finance

This Rookie Mistake Could Cost You Thousands | Smart Change: Personal Finance

(Stefon Walters) Stock market corrections — defined by declines between 10% and 20% in major indexes — are unavoidable in the stock market. In fact, they tend to happen at least once every two years on average. If you’re an investor, you’ll save yourself some stress by coming to terms with that fact. The one …

This Rookie Mistake Could Cost You Thousands | Smart Change: Personal Finance Read More »