Women prefer values-based investing. Here’s how that impacts their wealth

Mint Images | Mint Images Rf | Getty Images Women prefer investing in a way that helps the environment and does social good, some studies have found. Such values-based investing could help raise women’s general enthusiasm for investing and boost long-term wealth, according to financial experts. About 52% of women would rather invest in companies … Read more

‘We’ve been to London, Rome and Lisbon’

My wife and I love to travel. In the five years that we’ve been together, we’ve made many unforgettable memories during our trips abroad. But in July 2021, we took a Greek Isles cruise for my wife’s 49th birthday that truly changed our lives. As we sat in our ocean view cabin, we talked about … 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

Before you start investing, here’s what experts want you to know

Prasit photo | Moment | Getty Images If you are ready to jump into the market, there are a few things experts want you to know. Investing is a great way to grow wealth, but you have to be smart about it, said certified financial planner Cathy Curtis, founder and CEO of Curtis Financial Planning … Read more

Women are closing the confidence gap with men when it comes to money

Amnajkhetsamtip | Istock | Getty Images Women are closing in on men when it comes to their self-evaluated financial prowess, recent research shows. Overall, 55% of women and 60% of men are confident in their ability to manage their finances, according to US Bank’s 2022 Women and Wealth Insights study. That compares to 48% and … 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

How to pay for college after a financial setback

As of March, the number of applications sank 8.9% from last year, according to the National College Attainment Network. (The FAFSA season opened Oct. 1, but it’s not too late for students who haven’t filed.) In ordinary years, high school graduates miss out on billions in federal grants because they don’t fill out the FAFSA. … Read more

How parents can empower their kids through financial literacy

The Covid-19 pandemic is really highlighted how financially troubled our society is. Debt levels are extremely high, bankruptcies are commonplace and many Americans are living paycheck to paycheck. Today’s adults are suffering and may be setting the next generation up for trouble, as well. Tackling the financial literacy crisis in America begins at home, as … 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