Think getting your credit report is as scary as looking at your middle school report card? In this Lessons in Financial Experiences (LIFE) episode, learn why your credit report is a critical part of your financial success and how to ensure that you get a passing grade.
Of course, any information pertaining to taxes is complex, full of exceptions, and subject to change. This discussion deals with the general rules for taxation of annuities–you should consult a tax advisor for more specific information before you take any action.
An individual retirement arrangement (IRA) is a personal savings plan that offers specific tax benefits.
In this article, we confront the debate surrounding the digital phenomenon known as Bitcoin—what it is, what it isn’t, and what U.S. Treasury Secretary Janet Yellen is saying about it.
Each spring, a rite of passage occurs in stadiums, auditoriums, and Zoom calls across the nation: The latest graduates cross the stage to begin a new phase of financial independence. As has always been the case for graduates, the class of 2021 will face an array of financial choices for the first time—simple decisions on saving and spending that may seem small in the moment but have financial repercussions that can extend far into the future.
For one month each year, Chelsea Brennan, 30, and her husband, Jeremiah, 36, run what they call a financial fire drill. Chelsea, who is usually in charge of family finances, turns all bill paying, budgeting, banking, and investing over to her husband, who is usually fully occupied as a stay-at-home dad to their two young sons. At the same time, Chelsea takes over the tasks Jeremiah usually handles in their Storrs, Connecticut, home.
Read on to learn more about the relationship between risk and reward, how to understand your own tolerance for risk, ways to reduce risk through diversification, and where you can look to find reputable sources of information about investments.
Are you uncomfortable making investment decisions? Are you worried you might make a mistake? Join us for a discussion around how you can avoid some of the most common investing mistakes and become more confident as you save and invest for your future.