5 Money Mistakes Smart People Make
Everyone has at least one frugal friend who always crows about how much money he saves by clipping coupons or frequenting discount stores. And while this friend’s behavior/bragging is a great ...
Quiz: What's Your Money IQ?
Like a lot of people, you’re probably getting a little nervous about the state of your finances these days. So how smart are you, exactly, when it comes to money matters? Find out!
Take it now!...
-
10 Things You May Not Know About Your Finances
1: Medicare doesn't cover nursing home care. Nearly 60% of Americans think Medicare pays for nursing care, and 52% assume that it covers assisted living, according to a 2006 survey by AARP. Not so. Medicare's coverage of long-term care is extremely limited. It'll cover part of the cost of a skilled nursing facility while you recover from an injury or illness. ... -
5 Ways to Understand Your Credit Card's Fine Print
If you're like a lot of folks, you may have just received a "Dear Valued Customer" letter in the mail from your credit card company. No, you aren't being fired, but it might feel like it. If you have an affiliate card issued through one of the big banks, it starts like this: "This challenging business climate has led Citibank, the ... -
How Would You Spend a Raise or Bonus?
When we asked Monster readers what they’d be most likely to splurge on if they got a big salary bump -- a new car, wardrobe or home entertainment technology -- the car topped the list with 51 percent of the votes, followed by the wardrobe with 30 percent and the home entertainment center at 18 percent. But quite a few readers ... -
What to Do if You Can’t Pay Your Bills
Lacking the cash to pay your bills is a bad situation, but avoiding the problem is worse. If money is scarce and bills are coming due, don’t panic. Gather your statements and a calculator, and go into planning mode. Tackle the crisis as a whole, rather than dealing with issues as they arise, which raises the risk of making poor financial ...
How Much Money Should You Save for Retirement?
Have questions about planning for retirement? Our Money Mentors have some answers. They aren't financial pros. They're ordinary folks who, as retirees, manage their own finances. Their nest eggs, excluding their homes, vary from a couple hundred thousand dollars to $2 million. The one thing they have in common is experience as retirees — and the desire to share the lessons ...
Full Story
