Jun 21 Can you guess how many Americans have absolutely no savings at all? By Kristen Doerer, Paul Solman Sixty-six million Americans have zero dollars saved for an emergency expense -- zero -- and 28 percent have only six months worth of savings, according to a new report by Bankrate. Continue reading
Jun 10 Column: Why you should view your family as a business By Douglas P. McCormick View your family as a business, and as the Family CFO, manage it the way a CFO manages a business. Continue reading
Jun 01 Column: Why protecting the family finances means putting Mom in charge By Kimberly Palmer There’s a simple reason why moms need to be the ones to take charge of the household finances: The chances are high that at some point they are going to be calling the shots on their own. Continue reading
Apr 18 The realities of living as an independent contractor By Laura Zulliger, Wendy De La Rosa, Kristen Berman Being an independent contractor often means variable pay and complicated taxes. Continue reading
Apr 15 You aren't Warren Buffett. Stop trying to invest like him. By Kristen Doerer Personal finance doesn’t have to be complicated, say journalist Helaine Olen and University of Chicago professor Harold Pollack. Their new book, “The Index Card,” asserts that all the financial information you need could fit on one 3-by-5-inch index card. Continue reading
Apr 08 How have Chicken Little's investments fared in this rough year for stocks? By Terry Burnham Terry Burnham is the “Chicken Little” of finance because of his repeated calls that the Dow will plummet. So how does Burnham invest his own money?… Continue reading
Apr 06 Labor Department's new rule offers more protections for retirement savers By Kristen Doerer This morning, the Department of Labor announced a new rule meant to legally hold financial advisers to your best interest. Continue reading
Jan 20 Poverty makes financial decisions harder. Behavioral economics can help By Dan Ariely Making good financial decisions becomes even more difficult when you’re poor. Here's what behavioral economists are doing to make such decisions easier. Continue reading
Jan 19 Mental depletion complicates financial decisions for the poor By Dan Ariely Why does it become more difficult to make good financial decisions when you’re poor?… Continue reading
Jan 05 How to create a savings plan that really works By Helaine Olen, Harold Pollack You can’t begin to save until you educate yourself about where and how you are spending your money. Chances are you don’t know. Continue reading