Should you use a robo adviser or a human financial adviser?
Well, as with most things in the world of personal finance and investing, it depends on your personal facts and circumstances. But a good place to start is by reviewing some of the pros and cons of robo advisers...
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When it comes to personal finance (including how to get…
Parents will spend hours teaching young kids their ABCs and 123s. Shouldn’t they also be teaching about nickels, dimes and quarters?
In 2020, a Council for Economic Education survey reported that just 40% of the nation’s high schools include a personal finance requirement to graduate. In addition, a study funded by the National Endowment…
Ah, vacations — eventually, we’ll be able to take them again. Over the last year, travel plans have taken a major hit from the COVID-19 pandemic. In a recent survey conducted by IHG Hotels & Resorts, nearly 60% of respondents said they had canceled up to four trips for leisure…
In 2020, Fidelity reported that the majority of people who were making financial resolutions for the new year wanted to achieve a debt-free life. While fortunes have shifted during the coronavirus pandemic, it is still a very worthy goal…
Personal loans and personal lines of credit are two ways to borrow money that typically don’t require collateral. However, they’re functionally very different. A personal loan gives you a sum of money upfront and requires fixed monthly payments throughout your loan term. A personal line of credit, on the other hand, lets you withdraw as much cash as you need…
Hate talking about money with your kids?
It’s a sticky subject in the best of times. These days, it’s downright scary, as the pandemic rages and the economy tanks.
Many parents are generally reluctant to talk about money with their children…