‘The economy is different now’: Parents pay grown-up kids’ bills with retirement savings
Young adults face myriad economic challenges. College costs and student debt loads are rising, and house prices have soared.
What’s the right way to ask your parents for money?
A child who approaches a parent for money starts a conversation that, in all likelihood, neither party wants to have.
Yet, surveys and studies tell us that many, if not most, adult children get financial help from their parents. A new Pew Research Center report finds that three-fifths of parents offered their grown-up kids financial help in the past year.
Asking your parents for money can become a defining moment in the parent-child relationship, for better or worse.
How to create a budget for 2024: First, check out how you spent in 2023
A great way to make a household budget for 2024, financial planners say, is to look at how you spent money in 2023. You might call it data-driven budgeting: Before you create a spending plan for this year, analyze how you allocated funds last year, to see where your money actually went.
6 in 10 Americans aren’t saving for retirement—here’s where to get started
Most Americans are saving at least some of their money. About 89% of adults put cash away on a regular basis, according to a recent survey conducted by The Harris Poll on behalf of NerdWallet.
The clock is ticking on a US debt ceiling deal. Here’s what financial advisors say you need to know ahead of a potential default.
Treasury Secretary Janet Yellen warns the federal government would no longer be able to pay its debts after June 5. Here’s what experts say you need to know.
How Much Rent Can I Afford?
Knowing how much rent you can afford is critical to creating an achievable budget, but balancing affordability with livability can get complicated—especially if you live in an expensive marker or are renting for the first time.
Tempted to chase fat yields in money market accounts? Why it might not pay to switch.
Dreams of stopping work, or doing only fulfilling work, 15 years before their parents did are colliding with the realities of amassing enough money to do so.
ETFs are cost-effective and widely available — when should they be in your retirement plan?
ETFs are cost-effective and widely available — when should they be in
What, if Anything, Can You Do to Prepare for a Recession?
Dreams of stopping work, or doing only fulfilling work, 15 years before their parents did are colliding with the realities of amassing enough money to do so.
Just 1 in 3 Americans understands this crucial component of planning smartly for retirement — and that lack of knowledge could prove very costly
Dreams of stopping work, or doing only fulfilling work, 15 years before their parents did are colliding with the realities of amassing enough money to do so.