When you leave a job or retire, you need to decide what to do with your 401(k). If it’s a traditional 401(k), you can move…
Moving away from home, making new friends and getting to class on time are some of the big changes college students face after high school. With all that this new group of adults is facing,…
Image by Getty Images; Illustration by Bankrate Figuring out the best way to invest can be a challenge as an individual, but it can really get complicated once you’re investing for you, your spouse and your family. Everyone is different, and that means some people have different levels of comfort…
Key takeaways Stock buybacks can create value for shareholders if they’re well-timed and the company has enough cash on hand to afford them. Stock buybacks, also known as share repurchases, can destroy value if they’re executed at inflated prices or at the expense of business investment, which can harm shareholders…
Photography by Getty Images Key takeaways Wells Fargo allows customers to cancel their credit cards over the phone, but not online. Closing a credit card account may negatively impact your credit score, so it’s important to carefully consider your options before doing so. There are alternatives to closing your Wells…
Mortgage rates fell to a 10-month low, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage fell to 6.56% from last week’s reading of 6.58%.The average rate on a 30-year loan was 6.35% a…
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FG Trade Latin/Getty Images Key takeaways A financial coach is an expert who helps clients understand money matters such as budgeting, saving, and managing debt. Financial coaches can help you understand the basics of certain…
