Amid growing concerns about the financial exploitation of seniors, industry regulators have put an emphasis and focused rulemaking on the subject. As a result, firms including TD Ameritrade are now required to request that clients provide a “trusted contact” whom the firm can contact for several reasons, including but not limited to possible fraud or if […]

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Pride. It comes before a fall—sometimes literally, if you’re talking about aging parents who may not want to admit their declining ability to manage money, avoid financial scams, and protect themselves from identify theft. As the adult child of older parents or in-laws, it’s important to have conversations about the scams that might endanger them, […]

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Editor’s Note: Follow Lee on Twitter. During each week in April, she’ll be sharing education ideas and resources that feature a different aspect of financial literacy. Learning to navigate the landscape of financial concepts can seem daunting at first. But it can also be an exciting journey, one which, in the end, may prove to […]

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Key Takeaways Educate yourself about common financial scams. Be wary of investments that seem too good to be true. Guard your personal information. Notify local authorities immediately if you suspect or fall victim to a scam. Lately it seems like we can’t go more than a few days without hearing about a data breach that […]

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Buying a home is often the most expensive purchase you’re ever going to make. If you’ve been thinking about buying, or you’re already in the process, the recent climb in mortgage rates might have you feeling like you need to speed things up.  Fast-selling homes and high prices across the U.S. housing market could also […]

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Key Takeaways Understand the differences between subsidized, unsubsidized and private loans Pay attention to the loan terms, such as the length of the loan, interest rates, and monthly payments If you have several sources of money, there are ways to strategize how to allocate funds Although there are methods of paying for college without loans—like […]

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Key Takeaways Make a budget to track spending and create savings goals Set up automatic deposits to help build emergency fund and retirement accounts Trim expenses and invest extra money for short- and long-term goals Either by choice or circumstances, many people, especially women, may find themselves having to manage financially on one income. According […]

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Key Takeaways Look for lower interest rate credit cards Talk to your student loan provider to discuss possible repayment options Consider refinancing or consolidating loans to reduce interest payments Like many young investors, you’re probably focused on meeting your day-to-day expenses and paying off student loans or other debt. And you may feel like there’s […]

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Key Takeaways Divvy your bonus three ways – expenses, savings, and spending Put savings portion towards long-term goals such as retirement or your children’s education Use expense portion to help reduce debt and save money on interest Look for ways to get an ‘added’ bonus from your spending like using a rewards credit card You […]

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Key Takeaways Discuss money expectations and financial goals early on Divide up money-management tasks based on each person’s strengths  Update your financial plan for life’s milestones Have regular check-ins to keep finances on track as things change If you’re about to wed, now’s the time to discuss your finances. It’s among the most important conversations […]

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