Categories for Money

President Obama Proposes 5% Spending Boost in Final Budget

February 9, 2016 7:21 pm  | Comments: 0 | Views: 2399
President Obama and his administration have turned in their final budget proposal for his final year as president and it includes a $4.15 trillion spending increase labeled  “a roadmap to a future that embodies America’s values and aspirations.” The new budget would call for a 4.9% increase in government spending due to enrollment in mandatory… View Article

Big Student Loans? Consider Life Insurance

July 23, 2015 8:30 am  | Comments: 0 | Views: 3861
While no one wants to imagine the death of their child, taking out insurance on your son or daughter — or asking them to purchase their own plan — will protect you from being hit with mountains of debt should tragedy strike. And the policies are pretty cheap. A basic plan with up to $250,000… View Article

Singles Pay More For Car Insurance

July 22, 2015 8:30 am  | Comments: 0 | Views: 5800
A single 20-year-old pays 21% more than a married 20-year-old for the same policy, a new study from found. To an insurer, it comes down to statistics — and singles get into more accidents. Married drivers might be more cautious since they’re more likely to have kids, said Laura Adams, an analyst an…. View Article

Buying Beats Renting, But Not By Much In These Places

July 21, 2015 8:30 am  | Comments: 0 | Views: 6594
Right now, homeownership is 35% cheaper than renting on a national level, according to a report from Trulia. Last year, it was 33% cheaper to be a homeowner than a tenant. Home prices have risen slightly faster than rents over the last year, the report found. But at the same time, mortgage rates remain low,… View Article

It’s Getting More Expensive To Be A Renter

July 20, 2015 8:30 am  | Comments: 0 | Views: 3713
Rents in April were 4% higher than a year before, according to a report from Zillow. That’s the fastest increase in two years, outpacing home prices which rose by 3%, the report showed. Rental affordability is getting worse, and it doesn’t look like it will be improving anytime soon. “This is here to stay,” said… View Article

7 Credit Cards For Recent College Grads

July 17, 2015 8:30 am  | Comments: 0 | Views: 6064
If you’re a recent college graduate, you might be looking for a credit card to add to your wallet. It’s a good way to build your credit history as you enter the phase of your life where you’ll be out on your own. Down the road you’ll need good credit to get approved for a mortgage or car… View Article

Why Banks Are Testing Bitcoin’s Blockchain (Without Bitcoin)

July 16, 2015 8:30 am  | Comments: 0 | Views: 3981
Ask a U.S. banker about the prospects for Bitcoin, a digital currency with no trusted central authority or mechanism to reverse transactions, and you’re likely to get a lukewarm answer. But financial institutions are increasingly taking an interest in Bitcoin’s recordkeeping system, known as the blockchain, a so-calleddistributed ledger that can be used to track… View Article

Education vs. Entrepreneurship: Which Path Wins?

July 6, 2015 8:30 am  | Comments: 8 | Views: 6737
That’s how Steve Jobs described his decision to drop out of college, speaking in his now-famous 2005 commencement speech at Stanford University — and presumably striking terror into the hearts of parents who had always assumed their children’s successful futures would include a college degree. And who can blame them? After all, the U.S. Bureau… View Article

Easy Steps to a Fruitful Retirement

June 17, 2015 4:53 pm  | Comments: 0 | Views: 3429
Many people believe that you don’t start thinking about retirement until later in life. However, it’s actually never too early to start. Nowadays, people are retiring younger than ever before with more money than they could ever dream of. And it’s actually not that hard.  With the right investments and some self-discipline, you can easily… View Article

Five Steps to Cleaning Up Your Credit

June 15, 2015 9:31 pm  | Comments: 3 | Views: 3387
Your credit report is one of the most important aspects of your financial portfolio. While many may cringe at the thought of looking up their credit score due to past mistakes, it’s important you keep tabs on your credit report as it is a complete representation of your financial history. Not only does your credit… View Article