Author: super@dmin

This article is reprinted by permission from NerdWallet. It’s a dilemma many 20-somethings face: You badly want to travel the world. But if your bank account could talk, it would say, “Are you kidding?” When you’re just starting out, even a week-long vacation might seem like a one-way ticket to credit card debt — especially…

CFP Michael Kitces, co-founder of XY Planning Network, partner and director of wealth management for Pinnacle Advisory Group and publisher of Nerd’s Eye View, explains how automatic budgeting tools can up your financial game. Q: What money habit do you recommend most to your clients, and why? The financial habit I recommend most is to sign up for a…

A few short weeks ago the Dow industrials were on the verge of busting through another psychological milestone at 27,000. However, all that momentum has evaporated as a sweeping downturn grips financial markets, sending the Dow Jones Industrial Average DJIA, -2.41%  tumbling more than 600 points on Wednesday and pushing the Nasdaq Composite Index COMP,…

Some lucky person in South Carolina is today dealing with one of the most agreeable puzzlers known to the human race. How exactly do you deal with a $1.5 billion jackpot? That’s quite a chunk of change. Even if you take all the money upfront, you’re looking at well over half a billion in cash…

Women don’t get paid as much as men or invest as much as they do, but they’ve got the opposite sex beat on one money metric. Wealthy women are more likely to donate money and time to charity than their male counterparts, according to report released Wednesday on philanthropy by wealthy Americans. Some 93% of…

Happy Wednesday, MarketWatchers! Here are the top personal finance stories of the day. Personal Finance Half of Americans with this credit card regretted getting one Some 88% of households with an annual income of $100,000 have had one of these cards. Wealthy women give away their money and time more than rich men High-net-worth households…

There are two certainties when discussing responsible investments. The first is that millennials will be invariably be listed as a primary driver of interest. The second is that someone will inevitably quip that it doesn’t matter what millennials may want to invest in since they all live in their parents’ basement anyway. Even before the…

Conventional wisdom about Social Security bites the dust—again. As you undoubtedly already are well aware, most financial planners recommend that—so long as you can afford to do so—you should wait until age 70 to begin receiving your Social Security benefits. Your monthly payment in such an event will be 32% higher than if you begin…