Markets

Charles Schwab’s daughter called her dad for investing advice at 22 and was ‘disappointed’ when he didn’t give her a hot stock tip

Carrie Schwab-Pomerantz is a certified financial planner and the daughter of Charles Schwab, the founder and namesake of one of America’s largest brokerage firms. In a video posted to LinkedIn, the two discuss Schwab’s new memoir, “Invested,” and Schwab-Pomerantz recalls the first piece of investing advice she received from her […]
Charles Schwab’s daughter called her dad for investing advice at 22 and was ‘disappointed’ when he didn’t give her a hot stock tip
Markets

8 reasons couples should combine finances, according to experts

Research shows that combining finances with a partner can lead to a happier relationship, but more and more young couples are opting to keep things separate. It might be worth pooling your money, though, since shared finances may help you build a stronger sense of togetherness and (bonus) help you […]
8 reasons couples should combine finances, according to experts
Markets

Most freelancers are millennials, but retirees are quickly catching up

More baby boomers are turning to freelancing to earn extra income, bulk up retirement funds, or transition into retirement, according to a New York Times story. More than 56 million American adults freelanced in 2018, including 30% of workers over age 55. In general, a shift away from pension plans […]
Most freelancers are millennials, but retirees are quickly catching up
Markets

Do I need a credit card for my side job? In most cases, yes.

Even a part-time side job is a real business and can qualify for a credit card. A business credit card can help you keep your business and personal expenses separate, manage your cash flow, and earn rewards. However, credit cards are only helpful if you use them responsibly, and pay […]
Do I need a credit card for my side job? In most cases, yes.
Markets

How to save money in college, even though you’re busy learning

Saving money in college can be a great way to jump-start your funds for after graduation or save for goals like buying a car or paying off student loans. Find work that fits your school schedule, and take advantage of extra summer earnings to boost your savings. To save most […]
How to save money in college, even though you’re busy learning
Markets

Experts and savers are obsessed with Ally’s high-yield savings account. Here’s how to open one and start earning up to 200 times more on your money.

Financial planners and non-experts alike praise the ease of use and high interest rates on Ally’s high-yield savings account. Ally’s high-yield savings account has no minimum balance or monthly fees, and offers a 1.9% annual percentage yield as of September 5. To open a high-yield savings account at Ally, you […]
Experts and savers are obsessed with Ally’s high-yield savings account. Here’s how to open one and start earning up to 200 times more on your money.
Markets

What happens if you stop paying back student loans? Nothing good.

Federal student loans are tightly regulated under law, with serious penalties for those who don’t pay. So what happens when you stop paying back student loans? When a loan goes into default, borrowers may be blocked from buying a house, and the loans may not be resolved under bankruptcy. Before […]
What happens if you stop paying back student loans? Nothing good.
Markets

How to use a personal loan to pay off your credit cards

In some cases, a personal loan can help you save money on interest while paying off credit card debt. But knowing exactly how to use a personal loan to pay off your credit cards is important so you don’t end up paying more in the long run. If you can […]
How to use a personal loan to pay off your credit cards
Markets

A man who retired at 34 says it took him 3 years to stop obsessing over money and start tracking something even more important: his habits

Brandon, aka the “Mad Fientist,” is a former software developer who achieved financial independence and early retirement at age 34. He recently dedicated an episode of his podcast to sharing what he’s learned during his “third year of freedom.” After interviewing a financial expert and a productivity expert, Brandon said […]
A man who retired at 34 says it took him 3 years to stop obsessing over money and start tracking something even more important: his habits
Markets

10 small ways to be better with money by the end of the summer

The summer is a great time to test out strategies and tools to get better with your money. Learning about your finances doesn’t always mean a huge project – five-minute tasks like checking your credit score or calculating your net worth can immediately expand your knowledge. Visit Business Insider’s homepage […]
10 small ways to be better with money by the end of the summer
Markets

How to cancel a debit card if it’s lost or stolen

To cancel a debit card if it’s lost or stolen, you’ll need to get in touch with your bank. Some banking apps allow you to turn off your debit card, but you should still contact the bank to get a replacement card if your card is missing. Visit Business Insider’s […]
How to cancel a debit card if it’s lost or stolen
Markets

The 4 worst money habits I managed to break by 30

In my early and mid-20s, my finances were a train wreck. I was constantly overspending and had nothing in my savings account. By the time I turned 30, I managed to stick to a budget, pay off all my credit card debt, and put more money in savings than I […]
The 4 worst money habits I managed to break by 30
Markets

6 times it’s smarter to use a personal loan instead of a credit card

Credit cards offer perks such as flexibility, rewards and bonuses, but when used irresponsibly, can create a downward spiral of debt. Personal loans are a better choice than credit cards when you need cash upfront, can’t pay off a balance quickly, want to maintain a stable credit score, and need […]
6 times it’s smarter to use a personal loan instead of a credit card
Markets

How to get a debit card so you can withdraw cash from an ATM

A debit card withdraws money directly from your checking account, either to make a payment or to convert into cash. Once you have a checking account, getting a debit card is as simple as asking for one. To use a debit card, you’ll need a checking account and a PIN […]
How to get a debit card so you can withdraw cash from an ATM
Markets

How to borrow money with a bank loan

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. If you want to apply for a bank loan, the first thing you’ll […]
How to borrow money with a bank loan
Markets

How to get a loan, even if you have bad credit

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. It’s not impossible to get a loan with bad credit, but you’ll need […]
How to get a loan, even if you have bad credit
Markets

Here’s exactly how to decide if you should put money in a CD

A CD is an FDIC-insured savings instrument that provides a safe, secure option to store savings you need in the future. While money you put in a CD grows with a fixed interest rate, you can’t take your money out before the term ends without paying a penalty. For that […]
Here’s exactly how to decide if you should put money in a CD
Markets

Here’s exactly how to borrow money with a personal loan

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. Anyone wondering how to get a loan should take the same first step: […]
Here’s exactly how to borrow money with a personal loan
Markets

An early retiree quizzed 100 millionaires about their biggest money mistakes and discovered nearly all of them fell into the same trap

John, who runs the personal-finance blog ESI Money, has spent the past few years interviewing millionaires. During his conversations, he discovered that millionaires aren’t so because they managed their money perfectly. Even the wealthiest among us made mistakes along the way. He said the most-cited financial mistake among millionaires had […]
An early retiree quizzed 100 millionaires about their biggest money mistakes and discovered nearly all of them fell into the same trap
Markets

How to start saving for your kids to go to college, in 3 steps

With the costs of attending college higher than ever, it’s important to start saving fpr college as early as possible. Erika Safran, certified financial planner and principal at Safran Wealth Advisors, says anyone saving for college should invest in a 529 plan, set up automatic contributions, and ask friends and […]
How to start saving for your kids to go to college, in 3 steps
Markets

2 under-the-radar tools helped me save more than ever after leaving my job

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. Writer Holly Johnson is self-employed, and she has used a SEP IRA and […]
2 under-the-radar tools helped me save more than ever after leaving my job