Cars have become a financial danger zone. The average price of a new car is around $50,000, and about half of that for a used car. And car loan rates are a lot higher than they were a few years ago. That’s pushed the average monthly payment to more than $750 a new car and…
Summertime is often when teens land their first meaningful jobs, and recent college grads head into the permanent workforce. That means they become eligible to save for retirement in a Roth IRA. Now you and I both know that retirement savings may not be at the top of their to-do list. Can’t really blame them,…
If you have a newly minted college graduate in the family, I want to say: Congratulations! That is a tremendous accomplishment. For them, and for you. Yes, I know it is a tough job market for young adults right now. But I hope your family will take a beat and celebrate what has been accomplished,…
With the April 15th tax deadline just passed, I know many of you are now eagerly awaiting a federal tax refund. And it could be a big chunk of money. The average federal refund this year is about $3,500, which is more than 10% higher than the average for the previous year. So what is…
