Finance

Are women financially prepared to live longer than ever before?

People say life is short. But for women, it’s getting just a little bit longer. The average American woman’s life expectancy hit an all-time high of 81.2 years old in 2014, according to the Centers for Disease Control and Prevention. By comparison, the average man lives to be around 76 years old. But women retire […]

Are you ready to buy a home?

Question: I am tired of paying rent and thinking about buying a home, but I’m worried about the added cost and responsibility. How do I know if I am ready?—Kate The transition from renter to homebuyer is a big one. Owning your own home gives you assurance that your monthly housing costs will never go […]

How do you talk about fertility at work?

Your womb, your ovaries, your ovulation — not exactly things we think of as water cooler conversation. In recent years, a growing number of companies have embraced fertility benefits like reimbursements for treatments. Facebook and Apple made headlines when they first began comping employees for freezing their eggs, but many more companies now offer egg […]

Georgia governor candidate Stacey Abrams is $200,000 in debt. She’s not alone

Georgia gubernatorial candidate Stacey Abrams is more than $200,000 in debt. Abrams, 44, wrote an op-ed for Fortune explaining how student loans, cash-strapped parents, and a sibling who struggles with drug addiction contributed to her financial burden. “Once you dig a hole, you’re always trying to dig out,” she told CNNMoney on Wednesday. “This is […]

Even rising mortgage rates won’t stop homebuyers

Homebuyers are proving to have some pretty thick skin. Home prices are still rising, supply is getting leaner, mortgage rates are going up and competition is intense. Yet despite all the headwinds, buyers seem to be largely resolute. “Buyer demand is still there and strong,” said Nela Richardson, chief economist at Redfin. “The only thing […]

Home prices are on an epic run

Home sellers are partying like it’s 2006. Real estate prices posted an annual gain of 6.3% in February, according to the latest S&P CoreLogic Case-Shiller Indices. On a national level, home prices are up 6.7% from their peak in July 2006, and have been rising continuously for the past 70 months. “It’s getting increasingly difficult […]

Will closing a credit card hurt my score?

Credit cards tend to get a bad rap in the personal finance world, but in reality, they’re not only convenient, they’re also a potential money-saving tool. And when you use them correctly, they could help boost your credit score, thus making it easier and less expensive to borrow money in various aspects of life, from […]

No retirement savings and nearly out of time? Here’s how to compensate

Though we’re told to prioritize retirement savings during our working years, it’s estimated that nearly half of US households have no money set aside for the future. If you’re in that camp but still have a number of working years ahead of you, there’s plenty of opportunity to catch up. But what if you’re well […]

Iran bans banks from trading cryptocurrencies

Iran is borrowing a page from China when it comes to regulating money: if your real-world currency is in trouble, crack down on the virtual kind. The country’s central bank has banned other banks and financial institutions from buying, selling or promoting cryptocurrencies in the wake of reforms meant to quell volatility for the Iranian […]