There are a lot of people who choose electric vehicles solely because they are better for the environment than the alternatives. Although electric cars can save oil and reduce carbon dioxide emissions, they will not change the future significantly as far as oil use or greenhouse gas emissions are concerned. Almost all of the world’s […]
The advantages of Social Security are numerous, but one that people don’t often realize is its flexibility. By changing the age at which you start claiming retirement benefits, you can greatly alter the amount you receive each month. Age 62 is the earliest you can claim, but the longer you wait the fatter the checks will […]
When you are young and actively employed there is no way to predict exactly when you may finally retire, what will be your retirement savings, and how much money you will need for what purposes. While it is comforting to imagine that you have a fairly accurate answer to these questions, chances are you may […]
It is said that the only things that are certain in life are death and taxes. But debt should be added to that list, especially considering how many Americans spend their entire lives mired in high amounts of debt due to mortgages, car payments, credit cards and student loans. The average American owes $90,500. If […]
Applying for a credit card can be a scary process. The greatest challenge comes not from making the wrong decision, but from being unaware of all the information. Then you must take into consideration all the different credit card companies and all the different rewards they offer. Choosing a credit card can quickly become overwhelming. […]
A lot of people think having a million bucks in the bank means their retirement is golden. Not so fast. A new study conducted by Gobankingrates.com shows that $1 million may not be enough — especially if you live on the coasts, as do tens of millions. For instance, if you live on the Eastern […]
Social Security soon will not be able to pay full benefits. That’s because starting in 2010, a full decade ago, the payroll tax was not enough to cover payments in the future. The big question then becomes, how long will the fund last? As of now, the fund is expected to run out sometime between […]
Gold is a time-tested safe haven investment that usually attracts the attention of investors during an economic downturn. While the traditional approach has been to buy physical gold and wait for its value to increase, nowadays you have more options to make money with the yellow metal. Here are four ways to make money with […]
Studies in both the UK and United States have found that upon finally retiring many find it less satisfying than expected — so they’re clocking back in at work. The phenomena of these retirees returning to work in part-time positions has been termed by economists “unretirement.” The UK study, headed by researcher Loretta Platts, found […]
Credit card debt consolidation is a strategy that takes numerous credit card balances and combines them into one, easy-to-manage monthly payment. Consolidating credit card debt may be a good option if the new debt has a lower APR than your current credit card rates. By consolidating debt, consumers can achieve a lower interest rate, make […]
