Personal finance

An estimated 48 million Americans are caring for someone over the age of 18. Many of them are family members caring for an elderly parent or older relative — and the value of that unpaid care is estimated at about $600 billion dollars a year, according to a recent report by AARP. Daphne Taylor, Debbie

Violetastoimenova | E+ | Getty Images After making a big purchase with your credit card, you may log in to see your card balance and notice a new option to segment that purchase out and pay a lower interest rate on it over a fixed amount of time. The offer may sound tempting, given today’s

Francisco Javier Ortiz Marzo | Istock | Getty Images In a month or so, millions of Americans will have to adjust their budgets to once again put hundreds of dollars a month toward their student debt. Their retirement savings may suffer as a result, experts warn. “Workers are already facing obstacles to saving for retirement,

Drazen Zigic | Istock | Getty Images Navigating the public service loan forgiveness program has been famously difficult. Fortunately, student loan borrowers may find that the process is getting a little easier. The U.S. Department of Education announced this summer that the PSLF application can now be done completely online, including the required signatures by

President Joe Biden delivers remarks on the Supreme Court’s decision on the Administration’s student debt relief program at the White House on June 30, 2023. The Washington Post | The Washington Post | Getty Images After the Supreme Court struck down the original White House federal student loan forgiveness plan earlier this year, legal historian

Republican presidential candidates (L-R): former Arkansas Gov. Asa Hutchinson, former New Jersey Gov. Chris Christie, former U.S. Vice President Mike Pence, Florida Gov. Ron DeSantis, Vivek Ramaswamy, former U.N. Ambassador Nikki Haley, U.S. Sen. Tim Scott (R-SC) and North Dakota Gov. Doug Burgum are introduced during the first debate of the GOP primary season hosted

Jaap Arriens/NurPhoto via Getty Images Hoping to invest in artificial intelligence? Today’s “niche” companies and those seen as AI leaders are unlikely to be the biggest winners for long-term investors, said Barry Glassman, a certified financial planner and member of CNBC’s Advisor Council. “I’ve been through this enough to see that the niche players early

I Love Images | Cultura | Getty Images Rising interest rates are pushing auto loan rates upwards for both new and used cars across the U.S.  The average annual percentage rate for new cars rose 7.1%, in the second quarter of the year, according to car website Edmunds, while that for used cars ticked up

In this article GSBD Follow your favorite stocksCREATE FREE ACCOUNT Morsa Images | Digitalvision | Getty Images Most workers are hoping that flexible Covid-era work policies will stay in place. A new survey from Bankrate found 89% of full-time workers, or those looking for full-time work, are in favor of remote and hybrid work or

In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Spencer Platt | Getty Images News | Getty Images Wells Fargo paid back $40 million to almost 11,000 customers who for years were overcharged on fees for investment advice, the Securities and Exchange Commission said Friday. The bank also agreed to pay a $35 million

AleksandarNakic | E+ | Getty Images The subject of Social Security was largely left untouched in the first Republican presidential debate. But worries about the future of the program loom large in Americans’ minds, a recent survey from the Nationwide Retirement Institute shows. To that point, 75% of individuals age 50 and up worry Social

Jakub Porzycki/NurPhoto via Getty Images Nearly 1 in 3 investors would use artificial intelligence as their financial advisor, a new survey suggests — and that has the potential to lead to flawed advice, experts said.   Specifically, 31% of investors queried would be comfortable implementing financial advice from a generative AI program without first verifying

sturti Increased longevity is challenging people to rethink the traditional three-step life path of education, work and retirement. But one age group — individuals ages 40 to 59 — is more likely to struggle with this concept, according to new research from Transamerica and the Massachusetts Institute of Technology AgeLab. “That cohort based on the

A 2024 Chevrolet Silverado EV RST all-electric pickup truck on display at the International Auto Show at the Jacob Javits Convention Center in New York on April 13, 2022. China News Service | China News Service | Getty Images Car shoppers are paying more than ever to finance new vehicles — and pickup trucks are

Scott Olson | Getty Images Eight candidates will take the stage for the first Republican presidential debate on Wednesday night — and experts are watching closely for comments on key tax policy issues. “The 800-pound gorilla in the room is the Tax Cuts and Jobs Act and the expiration of all the individual income tax

Dax Shepard at the grand opening of a Hello Bello distribution and manufacturing center on Oct. 26, 2021 in Waco, Texas. Rick Kern | Getty Images Not even Hollywood’s A-list is immune from financial anxiety. Dax Shepard is a successful actor with countless credits under his belt, and he’s married to TV and film staple

amriphoto Earning a good salary is one thing, feeling “rich” is another. Even doctors, lawyers and other highly paid professionals — also referred to as the “regular rich” — who benefit from stable jobs, homeownership and a well-padded retirement savings account said they don’t feel well off at all. Some even said they feel poor,

Dikushin | Istock | Getty Images Federal student loan borrowers can now officially sign up for the Biden administration’s new loan repayment plan. The option is expected to dramatically shrink many people’s bills. In fact, under the new Saving on a Valuable Education, or SAVE, plan, some will see their monthly obligation fall to zero

Mementojpeg | Moment | Getty Images If you have an outstanding federal student loan, you may have a different servicer when payments resume in October. Several of the lenders that managed the debt for the government — including Navient, the Pennsylvania Higher Education Assistance Agency (also known as FedLoan) and Granite State — stopped doing

Peter Dazeley | The Image Bank | Getty Images The price of getting married has ballooned amid sticky inflation, and some couples are footing the bill with personal loans – which may be a costly mistake, experts say. Driven by inflation, the average cost of a ceremony and reception was $30,000 in 2022, up from