Last Build Date: Sat, 22 Oct 2016 13:24:34 GMTCopyright: Copyright 2016 The New York Times Company
Wed, 19 Oct 2016 14:08:14 GMTTop row, left: Masa Kenney, who served in the United States Army during Operation Desert Storm; right: Geoff Noer in the Faroe Islands. Middle row, left: Tim Holtan in Vietnam; right: Corey Flournoy, national president of Future Farmers of America. Bottom row, left: Josh Fine running a one-man college radio network in the 1992 presidential campaign; right: Toni Gorog in Brazil.Looking back, adults who took time off before or during college say they have no regrets.
Fri, 21 Oct 2016 20:22:09 GMTSchoolteachers and others who pursue careers of service in exchange for modest paychecks get lightly regulated retirement plans that often charge excessive fees.
Fri, 21 Oct 2016 09:00:23 GMTBill McClain and his wife, Darla. He owned a Harley-Davidson shop in California for 22 years. But the economic downturn and increased state regulations, he said, pushed them to sell everything in 2010 and join the work-camping community.Work camping combines elements of the gig economy, telecommuting and contingent labor, and attracts older adults seeking more money and more meaning from life.
Fri, 21 Oct 2016 14:18:58 GMTEd Gjertsen II, chairman of the Financial Planning Association and vice president at Mack Investment Securities in Northfield, Ill.When brokers try to sell a product like a securities-backed loan, they aren’t being charitable. They are trying to make money.
Fri, 21 Oct 2016 14:10:15 GMTHigh prices are a natural reflection of great demand and scant supply. In a free market, they are inevitable until demand subsides or supply expands.
Thu, 20 Oct 2016 15:56:00 GMTKevin Pham at a Wells Fargo branch in Daly City, Calif. Mr. Pham said he saw fellow Wells Fargo employees targeting customers for sham accounts at the San Jose, Calif., branch where he used to work. “They would look for the weakest, the ones that would put up the least resistance,” he said.In legal filings and statements, former employees of the bank said immigrants, older adults, college students and Native Americans were targeted for fake accounts.
Thu, 20 Oct 2016 15:57:18 GMTFormer sales representatives at Wells Fargo described relentless pressure, being shamed and being fired.Former employees describe intimidation and ridicule tactics at the bank, which they said caused anxiety, panic attacks and other physical symptoms.
Fri, 07 Oct 2016 16:08:08 GMTIf the recent Wells Fargo scandal has left you disenchanted with giant banks and ready to switch to a smaller one or a credit union, here’s what you should know.
Tue, 18 Oct 2016 17:08:27 GMTThe lessons learned while pushing yourself outside your comfort zone can be invaluable, a financial planner writes.
Fri, 14 Oct 2016 15:53:10 GMTThe cards give minors control over their own cash but allow parents to monitor the spending and offer guidance as needed.
Fri, 14 Oct 2016 19:52:08 GMTIf you can use augmented reality to find cartoon monsters, why not use it to capture weirdly enticing investments?
Fri, 14 Oct 2016 22:44:48 GMTTraders monitored prices in the Standard & Poor’s 500-stock index options pit at the Chicago Board Options Exchange last month.As dividend-paying stocks have become more expensive, investors have been forced to seek other options.
Wed, 19 Oct 2016 20:24:05 GMTBrian P. Smoluch, a manager of the Big, Small, American, Chinese: Different stocks produced outstanding results for investors and the funds that hold them.
Fri, 14 Oct 2016 19:55:50 GMTShoppers on Oxford Street in London. Highlighting surveys showing that consumer confidence had eroded, Barclays forecast that the British economy would be pushed into a recession imminently.Though markets have stabilized since the vote for Britain to leave the European Union, where investors and businesses go from here is uncertain.
Fri, 14 Oct 2016 19:46:48 GMTMutual fund managers are holding their ground, which may be a stabilizing force in the market.
Fri, 14 Oct 2016 19:58:07 GMTAs the market fluctuates, these books remind us to use common sense and stick to the basics when saving and planning for retirement.
Fri, 14 Oct 2016 19:39:58 GMTDespite the prospect of higher interest rates, the imminent presidential election and heightened uncertainty in Europe, shares have for the most part risen.
Fri, 14 Oct 2016 19:44:17 GMTDollar-cost averaging offers investors a way to avoid the risks of trying to time the markets, and to save gradually, at a reasonable price.
Fri, 14 Oct 2016 19:33:45 GMTThe markets’ traditional moves may be altering, denting bonds’ appeal. But it’s not really dire. And remember: There’s always the safety of cash.
Fri, 14 Oct 2016 14:13:20 GMTBen and Christine Brown in West Asheville, N.C., which they says is a more walkable community than their previous home in Franklin, N.C.In the age of the Fitbit and more active retirees, there is a growing demand for neighborhoods that don’t require a car and offer a mix of services.
Fri, 14 Oct 2016 14:07:52 GMTMichel Witmer, a collector in New York City, was persuaded to buy a work by Pierre-Auguste Renoir, an artist he had never liked, at a museum show.Art collectors are finding that museum shows can often spur interest in an artist’s work and raise prices for individual pieces.
Wed, 12 Oct 2016 20:57:54 GMTWith only a few exceptions, Oct. 17 is the deadline for those who requested filing extensions last April.
Mon, 10 Oct 2016 15:19:02 GMTLetting the savings tail wag the spending dog is not a good plan, a financial adviser writes.
Fri, 07 Oct 2016 13:31:25 GMTMichael Kitces at his home in Reston, Va. He is a financial planner and says he regularly sees clients who are short on retirement savings.Many Americans are ill prepared for retirement, so they will have to rely more on Social Security. But near-retirees have some ways to improve their retirement math.
Fri, 07 Oct 2016 15:13:32 GMTPenelope Greene and her husband, Mark, at the Minneapolis Rowing Club in Minnesota. The couple spent about five years making sure they both understood the family’s finances.Many couples share financial information sparingly, but death, disability or divorce could make such a decision catastrophic.
Tue, 04 Oct 2016 15:36:25 GMTHumility, in personal finance, is knowing how to ask for help when you don’t know something, even when you think you should know it.
Fri, 30 Sep 2016 17:12:01 GMTMore than a third of Americans haven’t changed their credit card in a decade. But now may be a good time to consider the options.A guide to some of the most recommended cards and the online comparison tools to help you choose.
Fri, 30 Sep 2016 21:05:39 GMTMost people have seen many doctors over many years, so compiling complete medical records would be a nightmare, experts say. But why not try?
Fri, 30 Sep 2016 18:20:32 GMTInara Kalnins says she has pretty much abandoned eating at restaurants and prefers preparing meals at home.Cheaper groceries, meal kit services and a turn toward more healthful fare have contributed to falling sales at some big restaurant chains.
Fri, 30 Sep 2016 19:39:56 GMTAngelina Jolie and Brad Pitt with their family in 2011.Financial advisers and lawyers say the easiest negotiations usually involve joint parenting pacts and solid prenuptial agreements.
Fri, 30 Sep 2016 17:04:40 GMTThe financing giant will be getting a fuller credit picture of borrowers, including whether they pay off credit card bills in full or just the minimum.
Wed, 28 Sep 2016 20:56:17 GMTA consumer group found that some high-income motorists with bad driving records pay less for insurance than lower-income consumers with clean records.
Fri, 30 Sep 2016 11:00:02 GMTYou’re not obligated to voice concerns when you quit a terrible job, but if you feel compelled to do so, look for a dispassionate, constructive way to speak out.
Fri, 30 Sep 2016 18:47:40 GMTBarry Tucker, son of the opera singer Richard Tucker, in front of a monument to his father near Lincoln Center. The Tucker family created a charitable foundation to honor the singer.While some people erect plaques, statues or buildings in honor of a loved one who has died, others start foundations, scholarships or memorial funds.
Mon, 26 Sep 2016 15:17:01 GMTValues-based budgeting starts with noticing where your money is going, and then assessing whether that is what’s important to you, a financial planner writes.
Sat, 24 Sep 2016 17:45:43 GMTWhen buyers stiffed by a bankrupt wine store asked American Express for a refund, the company declined, citing a 540-day window with an uncertain start time.
Fri, 23 Sep 2016 15:54:44 GMTTim Davis at his parent’s empty home in Beverly Hills, Mich. He and his sister, Tamara Davis, said that they got much less money than they expected from an estate sales agent they hired and that it took months to be paid.After their mother’s death, two siblings found that an agent they hired to conduct a sale of belongings did not keep up her end of the bargain.
Sun, 02 Oct 2016 02:30:53 GMTIf you invest with a large fund manager, chances are good that your objections to common corporate practices are not getting through.
Fri, 23 Sep 2016 13:59:12 GMTDr. Thomas Cornwell with a patient, Mary Hanrahan, at her home. “For the horribly sick, hospitals are the worst place,” he says.Home medical care, a practice from the past, can cost less than hospital care. But bringing it back faces numerous challenges.
Wed, 21 Sep 2016 17:39:13 GMTMichael Nemeroff, president of a T-shirt printing business based in Philadelphia, says offering a 401(k) plan has been a great tool for recruiting and retaining employees.Better technology, increased competition and new plan offerings are prompting some start-ups to take a second look at introducing retirement benefits.
Wed, 21 Sep 2016 18:42:06 GMTThe site was announced by the Department of Education, which wants to expand support to students left in the lurch when the school closed.
Mon, 19 Sep 2016 17:22:55 GMTBy continuing to invest in the things that hurt you, you only cause yourself more hurt.
Sat, 17 Sep 2016 09:00:22 GMTLincoln Anderson collecting sticky cards that trap California red scale, a citrus pest.The plight of a tiny local retirement fund in California shows how some public pension plans are far less funded than their official numbers suggest.
Fri, 16 Sep 2016 12:45:13 GMTA baby atop mattresses from several companies that were the subjects of in-home trials.Web-based mattress retailers vow they’ll take the product back if it flunks a comfy-sleep test. And they do, but it’s not simple.
Thu, 15 Sep 2016 15:59:35 GMTCraig Dooley, 56, getting a chest X-ray in Taylorsville, Ky. Mr. Dooley became eligible for expanded Medicaid coverage under the Affordable Care Act.While the number of people without health insurance is at its lowest, thanks largely to Obamacare, continued declines are far from certain.
Wed, 14 Sep 2016 21:02:58 GMTThough cremation has grown in popularity, substantial numbers of funeral homes don’t tell consumers of the availability and cost of a basic cremation.
Tue, 13 Sep 2016 04:05:30 GMTWhen Rebecca Parrilla moved from Chicago to Chapel Hill, N.C., in May, she was delighted to discover “LUV CUBS” was available for a vanity license plate.For the chance to see their team in the World Series for the first time in 71 years, some fans are prepared to dig deep, and others may get creative.
Sat, 10 Sep 2016 16:38:54 GMTThe Haggler finds out that an Alabama businessman actually is in jail — for defrauding the federal government. But customer complaints about his business sent him there early.
Fri, 09 Sep 2016 17:38:11 GMT“I feel like I’m a pretty sophisticated financial analyst, but I still struggle with how you value a vineyard,” said Bill Price, who owns six vineyards and five wineries.Even for those skilled in business, separating the romance from the financial reality of producing and selling grapes and wine is not easy.
Fri, 09 Sep 2016 18:02:20 GMTA study found that some simple rules about using credit led some consumers to carry less credit card debt.
Fri, 09 Sep 2016 15:36:28 GMTOriginally a novelist, Avery Chenoweth had a major heart attack that left him too fatigued to write. He had to look elsewhere to pay the bills.Despite the challenges, older people are creating their own ventures, with some getting help from government as well as AARP and other private groups.
Wed, 07 Sep 2016 23:16:44 GMTAs rates for federal flood insurance increased, some insurers saw a market for private policies. But consumers should weigh how the policies compare.
Fri, 02 Sep 2016 14:16:03 GMTLisa Woolery, left, and her wife, Janice, feed their goats outside their Des Moines home. They look forward to traveling to New Zealand someday, but will start with a smaller splurge on a trip to San Francisco.Not surprisingly, parents and their values influenced how readers said they made decisions about saving, spending and giving.
Mon, 29 Aug 2016 02:09:15 GMTQuestions that focus on family, feelings and the future we plan for ourselves.
Fri, 02 Sep 2016 17:35:03 GMTTelephone scammers have been targeting students and parents with calls demanding payments for a “federal student tax.”
Wed, 31 Aug 2016 23:03:38 GMTThe Home Affordable Refinance Program, started in response to the housing crisis, will continue through September 2017 as a new program takes shape.
Thu, 25 Aug 2016 21:19:07 GMTCouples along the beach in California, where a mandatory, state-run retirement plan will call for employers to automatically enroll workers, then start deducting 3 percent from each paycheck.The plan would cover an estimated six million people and could make the state the first to require companies to take part in such a system.
Fri, 26 Aug 2016 15:53:45 GMTSarah Newcomb, a behavioral economist for Morningstar, wanted to know for herself how much the cost of living was likely to increase over time — and whether her portfolio could keep up with inflation.In an era of ultralow bond yields and longer retirements, loading up on bonds and decreasing market exposure as you age may not be the best idea.
Fri, 26 Aug 2016 22:12:07 GMT“Think back to 1999 or 2000,” said David Blitzer, managing director of the index committee at S&P Dow Jones Indices. “No one really talked about investing in real estate. We were trying to recover from the tech boom and bust.”Experts differ on whether real estate’s move out of the financials category to its own classification will benefit individual investors.
Wed, 24 Aug 2016 20:44:09 GMTTaking photographs of damaged or destroyed property before it is discarded provides a record for use in making insurance claims.
Fri, 19 Aug 2016 09:37:18 GMTA few smaller airlines are helping customers earn free seats many times faster than they used to, and without charging them for the privilege.
Fri, 19 Aug 2016 09:38:31 GMTMcCarran International Airport in Las Vegas.Want to share miles with a friend or a family member? Here are the pooling policies at some of the biggest carriers in the country.
Fri, 19 Aug 2016 14:30:58 GMTElsa Newmyer, right, talks with Elisabeth Schuler Russell, the founder and president of Patient Navigator.The nascent profession, just a few years old, handles everything from negotiating lower bills to finding the best doctor.
Mon, 29 Aug 2016 02:06:07 GMTThere is a cost to holding onto things we should let go of: anger, frustration, resentment, or even worse. Can we really afford to keep paying this bill?
Fri, 19 Aug 2016 17:30:21 GMTThe main reason the bull market hasn’t been widely celebrated may be because it followed one of the worst declines in stock market history.
Thu, 18 Aug 2016 20:07:36 GMTThe change means users can log on to their online “mySocialSecurity” accounts as before, with just a username and password.
Tue, 30 Aug 2016 18:12:06 GMTCustomers say they want to keep the right to sue, and the Consumer Financial Protection Bureau has proposed a ban on such moves by banks.
Tue, 30 Aug 2016 17:52:07 GMTA home in the affluent Bel Air neighborhood of Los Angeles. The Treasury Department has proposed eliminating a provision in the tax code that has been abused by tax planners and lawyers.This provision has been abused by aggressive tax planners and lawyers who used it for family limited partnerships, sometimes as high as 40 percent.
Tue, 16 Aug 2016 01:13:50 GMTRebecca Liebman, 23, a founder of the financial literacy site LearnLux, got a credit card this year only to build up her credit history.Building a credit history holds less appeal for young Americans who had trouble paying off student loans and saw their families’ struggles during the financial crisis.
Mon, 15 Aug 2016 13:56:58 GMTSeeking approval and external validation is part of the human experience, but when it comes to making a major shift, that can be hard to find.
Sat, 13 Aug 2016 15:46:10 GMTA solar power system fails to cut electricity bills as promised.When Global Efficient Energy’s installation fails to cut energy bills as promised, a buyer asks the Haggler to help cancel a $19,900 loan for the system.
Fri, 12 Aug 2016 20:57:04 GMTMind-boggling lottery prizes are no accident; they’re the result of skillful planning intended to lure players, who would almost always do better by investing that money.
Fri, 12 Aug 2016 14:27:45 GMTIn 2000, Steve Guadalupe, now 68, shifted from maintenance work at the Baptist Hospital of Miami to running the concierge desk, directing people when they enter the medical building.Some blue-collar workers trade the physical stress for related work that takes advantage of their knowledge and experience.
Fri, 12 Aug 2016 15:21:13 GMTDespite recession’s end, a record 60.6 million people, or 19 percent of the American population, lived with multiple generations under one roof in 2014.
Fri, 05 Aug 2016 13:59:29 GMTHow often should you check the performance of your investments? As seldom as possible — especially when markets are falling.
Mon, 08 Aug 2016 16:51:47 GMTSteven J. Oshins at his law office in Nevada, which competes with other states for the lucrative business of shielding the assets of the superrich.Nevada, Delaware and other states compete to offer ways for the rich to fend off creditors, divorcing spouses and even tax collectors.
Sat, 30 Jul 2016 15:22:07 GMTBonds have risen sharply in value, and their yields have plummeted. That has made stock prices look cheap and dividends seem generous, driving up the market.
Mon, 25 Jul 2016 10:00:14 GMTFor those who put happiness on an unattainable pedestal just around the corner, it might be time to get off the so-called hedonic treadmill and get back to the present.
Fri, 22 Jul 2016 13:15:51 GMTAfter Nancy Wergeles lost her engagement ring, she and her husband contacted their insurer, Travelers Insurance. Within weeks, Ms. Wergeles had a check for $19,000 to replace the ring. But this spring, Travelers said it wouldn’t renew the Wergeleses’ personal property policy.Insurance industry experts discuss the two big factors in deciding not to renew your policy: the size of a claim and the frequency of claims.
Fri, 22 Jul 2016 20:31:11 GMTOne of the storefront outlets of Advance America, a large payday lender, in Canton, Ohio.Lenders and some consumer advocates ask what borrowers will do if stricter regulations remove their main source of short-term financial aid.
Fri, 22 Jul 2016 11:00:02 GMTWe are conditioned to seek positions of more responsibility, which is why a request to step back and take a junior role may require careful framing.
Sat, 16 Jul 2016 04:33:07 GMTJana Panarites, left, and her mother, Helen. The years she spent caring for her mother will mean an estimated 20 percent reduction in her Social Security income.After years of talk about reining in Social Security, the discussion has turned to making it more generous instead.
Sat, 09 Apr 2016 15:33:04 GMTA section on how funds performed in the third quarter of the year — and on where they may be heading.
Mon, 07 Mar 2016 21:53:07 GMTArticles on making three-generation family vacations work, the ins and outs of renting abroad, how frugality can hurt your credit score and more.
Fri, 25 Mar 2016 19:39:21 GMTHuman psychology can get in the way of a secure life. Here are some ways to outwit it.
Fri, 12 Feb 2016 19:03:35 GMTArticles on managing fortunes, improving lifestyles and finding financial security.
Fri, 21 Oct 2016 14:19:45 GMTRehabilitation, the main option for getting back on track, can return borrowers to delinquency because of “needless red tape,” a new report finds.
Wed, 19 Oct 2016 20:26:37 GMTA new report finds that students aren’t borrowing the federal limit before seeking private or state loans, which tend to have costlier terms.
Wed, 05 Oct 2016 21:17:15 GMTStarting Friday in California, and expected nationwide next month, Toys “R” Us and Babies “R” Us stores will have 529 plan gift cards available.
Fri, 23 Sep 2016 16:15:28 GMTEllie McKinley, 17, of Eau Claire, Wis., considered the Rhode Island School of Design or the Pratt Institute in Brooklyn to study graphic design. But the University of Wisconsin–Stout offers the same course of study at a third of the cost.An adviser has a four-step plan to prepare for the financial gantlet that is your child’s college education.
Fri, 26 Aug 2016 15:43:10 GMTThe Consumer Financial Protection Bureau has stepped up pressure on independent banks and lenders such as Wells Fargo to treat their borrowers better.
Fri, 12 Aug 2016 13:39:56 GMTThe tough-love approach may be best when tempted to help and co-sign.Lending your signature and good credit history to someone could indeed make a difference, but it comes with plenty of risk.
Thu, 14 Jul 2016 17:24:03 GMTOther countries offer plans that give students more time to repay loans or that make provisions for fluctuating earnings, so fewer borrowers default.
Fri, 24 Jun 2016 19:30:29 GMTThe rate on direct loans for undergraduates will be 3.76 percent, down from 4.29 percent. For graduate students, it will be 5.31 percent, down from 5.84 percent.
Sat, 16 Jul 2016 04:43:07 GMTNew federal rules prohibit colleges from steering students to specific bank accounts to deposit financial aid.
Wed, 10 Aug 2016 18:58:54 GMTThe campus of the University of California, Los Angeles.The filing date for the Free Application for Federal Student Aid was moved to Oct. 1 to align it with the typical college admissions cycle.
Fri, 15 Jan 2016 18:56:45 GMTChoosing which school to attend is one of the biggest financial decisions that many people will ever make. Why are some schools making it harder to compare the potential costs?
Fri, 27 Nov 2015 12:50:32 GMTLiz Kelley, left, and her sister and fellow teacher, Sheryl Silverberg, 45, at Ms. Kelley's home in Ballwin, Mo. Ms. Kelley, a high school English teacher and mother of four, has accrued $410,000 in student loan debt.The story of how a teacher ended up $410,000 in debt reveals the deep contradictions in the federal government’s approach to student loans.
Fri, 04 Sep 2015 19:42:17 GMTFederal loans for education often offer options to ease onerous repayment terms. Not so with private loans, as some borrowers have learned to their dismay.
Fri, 15 Jul 2016 12:28:33 GMTJames M. Fee joined Orrick’s New York office in September. His monthly loan repayment is his second-highest expense after rent.They join a wave of other workplaces that are providing student loan repayment programs to attract and retain millennial employees.