(Maurie Backman) It’s been a really tough ride for investors these past few weeks. Stock values have been plunging since the second part of April, and that’s on top of the losses investors were already seeing in their portfolios due to earlier-in-the-year volatility. At this point, it would be premature to say we’re in the […]
“Finance for the People” is a new personal finance book that actually addresses systemic injustice. In the book, financial expert Paco de Leon recommends scheduling weekly finance time. I tried it for a month, and it helped me file my taxes and change my name on my bank accounts. Read more stories from Personal Finance […]
Lister to the show: https://dts.podtrac.com/redirect.mp3/chtbl.com/track/G3791/lpm-od.streamguys1.com/inconversation/20220225122939-ICPodcast_Money02252022.mp3 Your credit score doesn’t determine your worth—but it can greatly affect your access and opportunities. And if money management isn’t something you learned about as a kid, it’s hard to figure out how to catch up. This week on “In Conversation” we discussed personal finance and financial literacy. Do you […]
(Robin Hartill, CFP®) In normal times, a guaranteed 9.62% return on your money with virtually no risk would be impossible. But with inflation at 40-year highs, that’s exactly what Series I bonds are offering. The US Department of Treasury recently announced that I bonds will pay a 9.62% annual interest rate on bonds issued from […]
Taking a career break is so common these days. To break away from the past and to move on a different path, one needs time to think through, plan and prepare. Many young mothers take a break from work to raise a child; some take a break to begin an entrepreneurial venture; some decide to […]
Mortgage rates have ticked down slightly in the past few days, though they still remain above 5%. On Wednesday, the latest Consumer Price Index data was released by the Bureau of Labor Statistics, showing that prices have risen 8.3% year over year in April. This is a slight deceleration from March, when the CPI hit […]
A credit freeze is the most effective way to prevent certain types of identity theft. When your credit report is frozen, lenders can’t view it in response to an application for new credit, so a criminal who tries to open a loan or credit card in your name is unlikely to succeed. The case for […]
Budgeting is the first step toward financial planning. It includes a series of questions about how you spend your hard-earned money. And being accountable for your inflows and outflows is a healthy exercise for strengthening your ability to save and plan for your future. Having a budget helps us live within our means and avoid […]
DENVER, April 14, 2022 /PRNewswire/ — The Financial Planning Association® (FPA®), the leading membership organization for Certified Financial Planner™ professionals, sent a communication to all members today to provide an update on the Association’s recent successful lobbying effort in the State of Kentucky. In response to the Kentucky legislature’s consideration of House Bill 8, which […]
Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. The FIRE (financial independence, retire early) movement has gained increased exposure over the years as more […]