Category: Personal Finances

As Student Loan Payments Resume, Gen X Struggles to Save for Old Age

The end of the payment pause means Americans in this age group will once again have to juggle paying off debt while trying to save for older age.
Letter to a Young Crypto Enthusiast (or the Merely Curious)

An ever-growing number of young people, males in particular, have bought cryptocurrencies. Here’s some advice, without the finger-wagging.
Why Cash Is an Appropriate Gift at Asian Weddings

Forget registries — in Asia, it is common to give marrying couples envelopes of cash. But unwritten rules on how much to give depend on who you are and which superstitions you believe.
Why Bonds Are Still Essential Investments

Stocks command most of the attention. But even after the latest U.S. debt downgrade, bonds are steady, essential investments, our columnist says.
A New FAFSA Form Is Coming, Along With Changes in College Aid

In addition to the new form, the federal government will expand eligibility for federal aid in the biggest overhaul in decades.
Your Finances in Retirement: When Do You Turn Over Control?

It’s difficult to know when to get help managing finances. Communicating with loved ones, even when you don’t want to, is the first step.
Haz un presupuesto para cuando te rompan el corazón

Es probable que después de terminar una relación gastemos más. Entonces, ¿por qué no hacemos un presupuesto para no sufrir luego co las deudas?
Discharging Student Loans in Bankruptcy Show Mixed Results

Last year, the Biden administration provided a new path to make it easier to discharge student loans in bankruptcy. The results appear promising, but success has been limited.
Can You Buy a House in Your 20s?

For some young people, a path to homeownership often involves a mix of diligent saving combined with assistance from family or government loans and programs.
The Risks Hidden in Public Pension Funds

Attracted by promises of high returns, many public pension funds have been loading up on private equity but may not fully appreciate the dangers, our columnist says.
How a Breakup Budget Can Help Keep Retail Therapy in Check

We’re likely to spend more after a relationship ends. So why don’t we budget for it?
Social Security COLA Is Forecast Around 3%

Analysts say the 2024 adjustment, which helps older Americans keep up with inflation, won’t be nearly as high as his year’s but will still be significant.