The S&P 500 index has long been one of the most effective wealth-building tools for everyday investors, compounding steadily over the past decade. While it hadn’t enjoyed the jaw-dropping performance of a single breakout stock like Nvidia (NVDA), the index has delivered steady growth — making it one of the simplest…
On Sept. 17, 2025, the Federal Reserve’s Federal Open Market Committee is likely to lower its benchmark interest rate, the federal funds rate, by 25 basis points (a quarter of a percentage point). Assuming that happens, it will be the first change to the federal funds rate in 2025. Inflation…
If you’ve ever stood in the checkout line at a brick-and-mortar retailer and been offered a discount on your purchase by applying for a credit card, the cashier was trying to sell you on a retail card. One version of retail credit cards are store credit cards, which are only…
While the average credit card interest rate has dropped slightly and experts muse about Fed rate cuts this fall, there’s one metric we can count on — astronomical retail card interest rates. The 2025 Bankrate Retail Cards Study reveals the average retail card APR remains above 30 percent, which is…
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The big new fees JPMorgan Chase is planning to charge some financial technology companies may well trickle down to consumers,…
With artificial intelligence beginning to eat away at many white-collar entry-level jobs, and the unemployment rate for recent college graduates…
If a society is going to make intelligent choices in policy, it helps to understand reality, which includes facts and…
New York startup Casap has raised $25 million in new funding to help banks tackle the thorny problem of credit…
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Key takeaways There is no right number of credit cards to own, but in general, most people should consider having at least two in case of emergencies or fraud. Having multiple credit cards helps reduce your utilization rate and provides lenders with more information to…
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How First-Year Students Should Manage Credit Cards Responsibly Understanding how first-year students should manage credit cards responsibly means creating a clear system around…
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When it comes to selling coconut water to the health obsessed, New York’s Vita Coco has served up a master class, schooling even…
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Social Security benefits are a key part of retirement income for many people. You can start collecting as early as age 62, but doing so will lower your monthly payment for life. It’s important to know how early retirement affects your benefit and what the average payout is at 62…
Word on the street is, you just landed a new job. Congratulations! Starting a new job comes with a flood of emotions. You’re probably excited about the endless possibilities and also feeling some butterflies in your stomach about this new chapter. There’s pressure to perform. There are expectations to achieve…
Delmaine Donson/Getty Images Key takeaways Many money market accounts blend the features of a checking account and a savings account. Checking accounts may offer more liquidity and in some cases, may be best for daily use. Money market accounts and checking accounts are both deposit accounts available at many banks…
It’s a story as old as time itself. You go to the mall, you buy a nice pair of jeans, but when you put them on at home they don’t quite fit as great as you imagined. It happens to all of us. So, what do you do? You go…
Getting married is a huge deal, and putting the “two shall become one” thing into practice can be a challenge—especially when it comes to combining your finances. After all, sitting down to do monthly budgets and opening joint bank accounts together are all part of joining your lives! But guess what people…
Erik Isakson/Getty Images Key takeaways You can purchase a money order at a bank, credit union, at USPS locations and some stores. Money orders are generally for purchases of $1,000 or less. Money orders offer guaranteed payment and can’t bounce. Money orders can be a convenient way to pay for…
As a homeowner, you want to protect your home at all costs. But no matter how much you plan ahead, there are some things you simply can’t prepare for—like the tree in your front yard getting struck by lightning and crushing your car on the way down. It happens! And…
Key takeaways The American Express travel portal (AmexTravel.com) lets individuals book airfare, hotel stays, cruises and more with cash or points. In order to book travel with rewards through this portal, you need an American Express credit card that earns Amex Membership Rewards points. While booking through the portal can…
It’s really hard to be on social media and not compare yourself to others. Your body isn’t good enough, your wardrobe isn’t trendy enough, and your house isn’t Pottery-Barn enough. It might even make you feel like you aren’t enough. I’m talking to myself too. I’m totally fascinated and intrigued…
Key takeaways A home insurance deductible is the amount you are responsible for paying out of pocket in the event of an approved claim. The insurance company will cover the remaining damages, up to your coverage limit. Deductibles may be either a set dollar amount or a percentage based on…
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