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Home Inventory: Why It Pays To Know The Cost Of Your Stuff
Sunday, September 25, 2016 - 5:53pm | 448While it's unpleasant to think about it, disasters happen. Things get stolen. Natural disasters leave homes unlivable and possessions beyond repair. That's why home and property insurance exist — to rebuild after things beyond our control leave us materially devastated. However,...
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4 Reasons You Aren't Escaping The Debt Cycle
Tuesday, September 13, 2016 - 3:49pm | 687While the reasons vary and debt in and of itself is not an indicator of a person's character, cyclical debt is highly problematic. Unlike a single instance of debilitating debt caused by inexplicable bad fortune, cyclical debt is the yo-yo dieting of the financial realm. Individuals make poor money...
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Principal Adds To Deluge Of Thematic ETFs
Tuesday, August 23, 2016 - 4:04pm | 451In recent months, various exchange-traded funds have been bringing thematic funds to market. Those offerings include ETFs devoted to Catholics, millennials (of course), hyper-focused plays on healthcare and aging trends, among other ideas. Iowa-based Principal Financial Group Inc (NYSE: PFG) is...
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Going Generic: It's Not Just For Millennials, Lower-Income Households Or Your Gramma
Thursday, August 18, 2016 - 8:31pm | 948While there are plenty of everyday commodities that are clearly worth their cost, others are open pits for frivolous spending. Unfortunately, thanks in part to successful advertising tactics and societal mentality that new and innovative outweigh tried and true, many people stumble through each...
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8 Things You Have To Do Before You're 25 For A Secure Retirement
Tuesday, August 2, 2016 - 3:54pm | 879Retirement may still be a handful of decades away, but thinking long term — over 40 years ahead — can pay off in almost incomprehensible ways. The choices you make while you're still young will have a huge impact on your future. For example, by investing an annual $2,000 for seven...
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Interest Rates Are At Historic Lows: Here's Why Millennials Should Buy A Home
Wednesday, July 20, 2016 - 11:14am | 397In the wake of the Brexit vote, U.S. mortgage rates have dipped near all-time lows. In fact, many homebuyers and homeowners have taken the opportunity to lock in low rates. This might make it a great time for first-time buyers to get into the housing market. “If you have an opportunity...
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Do Kids Need Credit?
Wednesday, July 6, 2016 - 4:40pm | 1004Credit is one of those notoriously confusing financial vehicles. It's the bane of many people's existence, but it is also all-but essential for financially independent survival. It's a device that can hinder or help future financial investments, and the decisions made that have reciprocal...
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How To Stop Living Paycheck To Paycheck
Tuesday, July 5, 2016 - 12:50pm | 999While the financial duress of the Millennial generation is widely publicized, the amount of coverage doesn't seem to be doing anything to curb the trend. However, suggesting ways to escape the cycle of living paycheck to paycheck can perhaps be beneficial. While the above infographic was published...
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Young Parents, Start Teaching Your Kids About Finances Today
Wednesday, June 29, 2016 - 7:14pm | 517The battle for financial literacy rages on as educators and parents, politicians and lobbyists constantly engage in conversations over who should be teaching youth about money, and at what age these instructions should begin. Reliance on public education, however good the intentions of teachers...
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How Financially Prepared Are Millennials For The Future? Not Very
Friday, June 24, 2016 - 12:37pm | 748Thanks to the technology-fueled alternative finance revolution, there are now more investment opportunities and options than ever before. Unfortunately, many millennials are not taking advantage of the chance to put their money to work for them and get a head start on their savings while time is...
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Goldman Sachs Implements Millennial-Friendly Interview Process
Friday, June 24, 2016 - 11:01am | 323Goldman Sachs Group Inc (NYSE: GS) is switching up its interview process by implementing Millennial-friendly methods. The company now requires candidates to send a pre-recorded video through the video-platform "HireVue." The move signifies a dedication to forward-thinking in the finance...
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There's A New Way To Track Your Trades Based On Events, And You Can Do It From Your Phone
Tuesday, June 21, 2016 - 7:23am | 751Traders now have another tool to quickly adjust their positions based on market moves, as Trigger recently launched on the iTunes App Store. Essentially, traders set up “triggers” to adjust their positions. For example, you could set a trigger that reads “If Ford (NYSE: F)...
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Millennials Want A 10.2% Return On Investments, But With Little-To-No Risk
Thursday, June 16, 2016 - 1:29pm | 193The world is surprisingly optimistic when it comes to the minimum annual income wanted from investments. Americans and Millennials set the bar the highest at 11.1 percent and 10.2 percent respectively Suzanne Woolley of Bloomberg reported. The average stock market yield globally is 3.8 percent....
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2 Major Reasons Why Student Debt Is Crippling Millennials
Monday, June 13, 2016 - 5:26pm | 310Going to college opens up a world of possibilities and provides graduates with opportunities for higher income. However, attending school in the U.S. isn't cheap, and many students must recur to hefty loans in order to cover their tuition. In fact, student loan debt already surpasses the $1...
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62% Of College Students Are Also Employed: Infographic
Thursday, June 9, 2016 - 2:59pm | 277A graphic created last year by the Bill & Melinda Gates Foundation sheds some light on how the American college environment is changing. The key theme is diversification. “There’s no one-size-fits-all path to (or through) college—and we need to plan our education policies...