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Yes, You Should Ask Your Parents About Their Financial Plans

Parents are often more than happy to offer financial advice to their kids. They like to feel needed and want to make sure you’re on solid financial ground. But it’s important to turn the tables and ask about their financial plans, too. Are they saving for retirement? Have they updated their will? What’s their plan for

Ditching Credit Cards? Here’s What Could Happen to your Score

Maybe you’ve been ordering too much stuff on Amazon or watching your bank account shrink after spring break travel. When your spending spins out of control, one way to rejuvenate your finances is to go on a financial fast. But while chopping up your credit cards may feel cleansing, you might be surprised at what

Are You Picking the Wrong Money Goals?

Setting smart, achievable goals is important if you want to take charge of your financial life. But many of us are surprisingly bad at choosing the goals that actually matter most to us.

7 Money-Saving Tips for Teens

Most teenagers probably won’t leap at the prospect of learning about personal finance on their own. That’s why it’s important to take the time to teach them smart money management. To get the conversation started, here are seven topics worth discussing to help your teen avoid costly financial missteps in the future. Encourage your teen

Financial Literacy for Kids

No matter how enthusiastic you are, trying to formally teach finance to kids is a tall order that is likely to make their eyes glaze over. Hold their attention by keeping money lessons relevant, age-appropriate and a bit playful. First Finances Preschoolers can grasp that money is exchanged for stuff. Teach them the names of coins,

How Thieves Create Fake Identities with Kids’ Social Security Numbers

Identity theft, or identity fraud, once meant crooks were churning out fake credit cards. But as that became easier to detect, a more insidious crime has evolved: the creation of completely new identities. Known as “synthetic identity theft,” it involves fraudsters using a combination of fake information, such as a fictitious name, and real data,

Bank Accounts to Open for your Small Business

Bank Accounts to Open for Your Small Business One of the most important decisions you’ll make when starting a business is choosing the right bank accounts. As an entrepreneur, you’ll want to make sure you don’t mix your personal finances with your business money: If your cash isn’t kept separate, it could be hard to meet…

The Keys to Financial Wellness for Millennials

By Roslyn Lash Getting a job, buying a car, buying a home — all of these milestones are both exciting and at times stressful for young adults just getting started. For many people, these are wonderful goals that help push them forward. But as millennials build their careers, start families and consider their futures, it’s important to remember

7 Money-Saving Tips for Teens

Most teenagers probably won’t leap at the prospect of learning about personal finance on their own. That’s why it’s important to take the time to teach them smart money management. To get the conversation started, here are seven topics worth discussing to help your teen avoid costly financial missteps in the future. Encourage your teen