How to save money on summer cooling bills as energy prices rise

A pedestrian uses an umbrella to get some relief from the sun as she walks past a sign displaying the temperature on June 20, 2017 in Phoenix, Arizona. Ralph Freso | Getty Images Tips for efficient energy use Most cooling systems use electricity, so making sure your home is running as efficiently as possible can … Read more

Past financial crises have affected how millennials manage money

FG Trade | E + | Getty Images Living through multiple financial crises and recessions has impacted the way millennials are now managing their money. The experience has given members of that generation some confidence that they’ll be able to make it through another recession if the US falls into one amid high inflation and … Read more

Here’s what financial advisors say about the Fed’s latest rate hike

The Marriner S. Eccles Federal Reserve Board Building in Washington, DC Sarah Silbiger | Reuters While the market moves are positive for investors, they are still dealing with a complicated backdrop that’s likely to continue to whiplash asset prices going forward. Earlier in the week, the S&P 500 fell into bear market territory, meaning a … Read more

Michigan will be 14th state to mandate personal finance education

Michigan Governor Gretchen Whitmer poses at an event where General Motors announced an investment of more than $ 7 billion in four Michigan manufacturing sites on January 25, 2022 in Lansing, Michigan. Jeff Kowalsky AFP | Getty Images High school students in Michigan will soon be guaranteed a personal finance course before they graduate. The … Read more

54% of teens feel unprepared to finance their futures, survey shows

A college graduate calls their family on video to celebrate Kemal Yildirim Getty Images Teenagers are looking at the costs of higher education and fear they won’t be able to keep up. Some 54% of teens say they are worried about financing their futures, according to a survey from Junior Achievement USA and Citizens Bank … Read more

How this 29-year-old turned his side hustle into a $ 1.5 million business

In 2014, I was fresh out of college and thought I had my life all planned out: Go to medical school, get a six-figure job as a doctor, and make my parents proud. None of that worked out. I realized I hated blood and needles, and got rejected from more than 15 medical schools. My … Read more

How to prioritize your financial goals with adult kids living at home

Iryna Imago Istock | Getty Images Many adult children are “boomeranging” and moving back in with their parents amid high rents and home prices, a new survey from financial services company Thrivent finds. About 40% of parents reported they currently have an adult child living with them. Meanwhile, 25% of parents said an adult child … Read more

This 32-year-old grosses $ 431,000 a year from real estate investments — how he earns passive rental income

I always tell people that real estate has the potential to be a great investment. But getting started can be daunting. As a real estate investor of eight years, I’ve found that the key is to take small steps. When I first began investing at age 23, I set a modest goal to make a … Read more

88% of adults support mandating personal finance education

Most adults in the US support guaranteed access to personal finance education for high school students. Eighty-eight percent of adults surveyed by the National Endowment for Financial Education said their state should require either a semester or a year long personal finance course for graduation. The survey of 1,030 adults was conducted in March. More … Read more

Why it’s a good time for young investors to put money in the market

FG Trade | E + | Getty Images The recent volatile price action in the stock market has been scary for some investors, especially younger ones just dipping their toes into putting money away for the long-term. Still, financial experts say that now is a good time for people to start investing or to continue … Read more