How to unexpectedly save money at the pharmacy
One question to ask: What would this cost if I did not use my insurance? For a surprising share of prescriptions, the answer is less. Researchers at the…
Category: Money & Personal Finance
The insurance company never reads your will
The will is the document that decides where money goes, right? For the largest assets many families own, it is not. Life insurance, 401(k) plans, IRAs and…
Does a second income really pay?
A second paycheck looks like pure gain, and for many households it is. For others, the money that actually stays home is a fraction of what it looks like….
Careful with money, invisible to lenders
Somewhere there is a 47-year-old woman who pays her rent on the first of every month and carries no credit card debt. She also does not appear on a credit…
Retirement account for a grandchild starts with a summer job
The obstacle is almost never the money. A custodial Roth IRA can be opened for a child at any age, and the money inside grows tax free for decades. But…
Why this AI bubble could reach your savings
When the dot-com bubble burst in 2000, Amazon’s stock lost about 90 percent of its value, falling from around $107 to near $6 a share. The company did not…
Living on Social Security? A small fund works
If you live on Social Security, the advice to stash away a year or two of expenses can feel not just impossible but insulting. Here…
Invested retirees
need an emergency fund, too The classic reason to keep an emergency fund — replacing a paycheck if you lose your job — disappears in…
The emergency fund you’ll actually build
The most repeated advice in personal finance is also the most discouraging: keep three to six months of expenses in the bank. For some, it…
Are you as diversified as you think?
Giant technology companies have grown so large that they now dominate the S&P 500, and that is changing how some investors think about index funds. As of…