Personal Finances

Consumers Don't Know Personal Finances

When we were in school, an average or failing grade would have meant big trouble for us at home, often resulting in our parents putting us into "time-out" -- and that may be just what some fiscally irresponsible adults need. An NFCC survey allowed consumers to grade themselves on their knowledge of personal finance, and 34 percent -- more than 7... more

Work on Retirement Even If Youre Behind

Save money

Content provided courtesy of USAA. It's best to begin saving for retirement when you're years away from it — at the start of your working years or even sooner. But, let's face it, not everyone does. Indeed, the Employee Benefit Research Institute's 2015 Retirement Confidence Survey showed more than half of U.S. workers' household savings and ... more

How Do I Teach My Teen Good Money Habits?

Military family dinner

Content provided courtesy of USAA. One of the main goals of a parent is to prepare your children for adulthood. To that end, few lessons are as useful as learning how to handle money, says JJ Montanaro, a CERTIFIED FINANCIAL PLANNER™ with USAA. Many of us learned those lessons the hard way. By educating your teens on family finances, you can p... more

New Rule to Protect Vets from Predatory Lenders

The Obama administration and U.S. Department of Defense have issued a new rule to protect veterans from predatory lenders. Included in the amendment to the Military Lending Act is a new rule that says creditors may not charge an annual percentage rate of more than 36% on all consumer credit. The new rule is available online. For more financial ... more

OPM Notifications on Security Breach

The U.S. Office of Personnel Management (OPM) is taking steps to protect the 21.5 million current, former and prospective Federal employees and contractors whose Social Security numbers and other personal information may have been stolen during a recent cyber attack. For those affected, OPM and the Defense Department will work with a private sec... more

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