Here’s what’s wrong with TikTok’s viral money hacks
From cash stuffing to loud budgeting, TikTok is chock-full of ways to build wealth — and more people are taking notice. Financial TikTok, also known as #FinTok, is now one …
Personal saving
Gens Zs are traveling this summer and going into debt to pay for trips
Move over family travelers. Gen Zs are set to make the biggest splash this summer, with surveys showing they are upping their vacation plans and spending more than older travelers. …
Why people don’t wait to claim Social Security and what experts say
Alessandro Biascioli | Istock | Getty Images When it comes to claiming Social Security retirement benefits, experts agree it’s generally best to delay. Yet many people still claim early — …
Why you may be saving more in your 401(k) — and not even know it
Aleksandarnakic | E+ | Getty Images You may be saving more money for retirement and not even know it. An increasing share of employers are automating how people save in …
Roth IRAs for kids offer triple-tax benefits, advisor says
Sturti | E+ | Getty Images If your kids are working summer jobs, it’s a prime opportunity to help them open a retirement account and start saving for the future, …
How Americans define financial success
Most Americans don’t think they need to be millionaires in order to achieve financial success. Fewer than 20% of Americans define being “financially successful” as “being a millionaire,” according to …
Lawmakers debate if child savings accounts may reduce wealth inequality
Urbazon | E+ | Getty Images An unequal distribution of wealth in the U.S. can make it so some children are behind from birth. Now lawmakers are considering whether federal …
Delaying Social Security even by months can boost retirement security
Aj_watt | E+ | Getty Images A recent Social Security report showed a strong economy has helped the program. Still, Social Security’s trust funds may be depleted in the next …
May 17 is the deadline to claim your 2020 tax refund
May 17 is your last chance to file 2020 returns and claim your refund, which could include missed pandemic relief, experts say. As of May 6, there was still an …
Women’s financial security worries and the 2024 presidential election
A voter casts her ballot in the Pennsylvania primary elections at the Rockledge Fire Company in Rockledge, Pennsylvania, May 17, 2022. Hannah Beier | Reuters Older women are the largest …