Chances are you have received conflicting advice about credit cards. Are they good or are they bad? It can be confusing to know when and how to use one properly. Or to understand how their use can impact your credit score. The Motley Fool wants to dispel some common myths you may have been told:
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3 Myths About Credit Cards You Shouldn’t Believe
Topics: Financial Education
Why You Should Consider Opening a Brokerage Account for Your Child
Typically, when we think of investing, it is considered something you do as an adult. It is widely considered one of the best ways to save money. But have you ever considered opening a brokerage account for your child? There are many reasons you should. If you want to help them save for their own future, Time magazine outlines how to open a...
Topics: Financial Education, Family
There are many different types of fraud today. Perhaps one of the most heinous are scams that target the elderly. One news station recently reported how this type of fraud is on the rise, and what you can do to protect yourself and your loved ones from becoming victims:
Topics: Financial Education
Understanding Rip Currents
This summer has been a tragic one along Florida’s coastlines. There have been multiple deaths due to rip currents, in both the Atlantic Ocean and Gulf of Mexico. About 100 people drown from rip currents along U.S. beaches each year, according to the United States Lifesaving Association. And more than 80 percent of beach rescues annually involve...
Topics: Lifestyle
There's no denying it's gotten more challenging to buy a home, especially with today's mortgage rates and home price appreciation. And that may be one of the big reasons you’re eager to look into grants and assistance programs to see if there’s anything you qualify for that can help. But unfortunately, many homebuyers feel like they don’t know...
Tips for Meeting Your Savings Goals
Working to save money can be a drag. It takes discipline, effort, and planning. And to be honest, it isn’t very fun. Sure, the results can feel great. But as you work to meet your savings goals, it is common to suffer from, “frugal fatigue.” You know it is important to save, but why does it have to be so hard? MSN has tips for staying on track...
Topics: Personal Banking, Financial Education
Sales of electric vehicles continue to rise in 2024. There are many reasons to consider buying one. Did you know you could save on your taxes if you do so? In May, the Internal Revenue Service (IRS) released its final rules for the federal tax credit program. Electrek.com helps break down what it could mean for your pocketbook:
Topics: Financial Education
Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do.
Topics: Mortgages / Home Equity
Yes, You Should Continuing Investing After You Retire
When we think about investing, the focus is normally on saving money for retirement. Many consider it to be too risky once you have reached that milestone, and instead plan to hold on to their money and draw from their accounts as needed. Rob Berger of Forbes magazine explains why it is important, and beneficial, to continue investing after you...
Topics: Retirement, Financial Education
Tips on Raising Resilient Kids
You know from experience life can be challenging. As a parent, how do you help prepare you children for the ups and downs they will face? How can you give them the skills they will need to navigate challenges in their own lives? GoodtoKnow.com asked child development experts for tips on raising resilient kids. Here’s what they had to say:
Topics: Family
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