You’re not the only one kicking things into high gear this time of year. “Naughty elves” are heating up their efforts to steal private financial data from unsuspecting shoppers by masquerading as trusted companies. The criminals behind these schemes are using tactics to trick consumers into gifting them bank account credentials, credit card details and other sensitive information.
Home shopping stirs up a whirlwind of emotions for most would-be homeowners. Exploring different neighborhoods, floor plans, and amenities provides an exhilarating emotional high, but questions about financing could leave some a bit tentative.
When you need to send money to friends and family overseas, there are many options to consider. Here are some tips to save time and money.
Restaurant food delivery. Delis. Prepackaged grocery store meals. It’s easy to choose options that save time or reduce effort, especially when you’re in a rush or exhausted at the end of a long workday. But relying too much on conveniences may hurt your budget.
Here are three ways choosing convenience can affect your finances.
While experts may weigh in on which way the housing market will go – the truth is no one knows for sure. As a potential buyer, focus on the things you can control, like having enough savings, a good credit score and enough income to cover your new mortgage payments.
According to recent statistics, 73% of American teens said they’d like to know more about personal finances..1 And while many said they get money tips through a variety of sources – parents, school, social media – 75% didn’t feel confident about that knowledge. As a parent, you may feel the same way at times, trying to manage your money during the pandemic, now inflation. But helping your kids become savers is one of the best gifts you can give them. It’s the foundation of building lasting financial well-being.
Although you may find it difficult to think about purchasing life insurance when you’re young and healthy, you should consider it for two reasons: first, this will likely be the time when a policy is most affordable; and second, this will likely also be the time when your absence can have the greatest financial impact on your family. If you have dependents or provide your family’s sole financial support, a life insurance policy can give you the peace of mind that comes from knowing your loved ones will be taken care of if you’re unable to do so.
Continue reading
Have you ever wondered how your future self might react to the financial decisions you make now? The older, more experienced you might extend a fist bump to your younger self for participating in your employer’s retirement plan. But you may get a thumbs down for racking up debt over the holidays.
It’s an exciting time: Your young adult’s 18th birthday is just around the corner and they’re probably questioning what to do next, after this important milestone occurs.
Here are ways to set yourself for success come 2023.
