There has been a great deal of news about the rising cost of college tuition. However, discounts at private colleges and universities are actually on the rise. Private colleges are offering students larger grants relative to tuition prices than ever before, according to a new analysis by the National Association of College and University Business

Thomas Dunworth / EyeEm | Getty Images Bay Area tech workers plan to flee San Francisco for the more affordable locale of … New York City. That’s what Wealthfront, an investment management firm that provides robo-advisor services, found when it surveyed nearly 2,700 of its clients who work in the Bay Area at tech companies.

Once primarily used for financing purchases such as washing machines or winter coats when the economy was floundering, layaway has a whole new look. Now called point-of-sale loans, installment payments are once again shaking up how consumers finance purchases — on everything from sneakers to skin care. “As brick-and-mortar retailers continue to face challenges, many

Nearly 400 young men at Morehouse College learned that their commencement speaker — billionaire Robert F. Smith — will pay off their student loans. It will take years, potentially decades, to obtain a full picture of how graduating debt-free shaped the lives of these students at the historically black college in Atlanta. In the meantime,

Hero Images | Getty Images When it comes to putting a ring on it, younger generations are saying yes, but for less. Two-thirds of younger Americans — Generation Z and young millennials — think an engagement ring should cost less than $2,500, according to a new survey from TD Ameritrade. That is about half of

The best time to prepare for being let go is while you’re still punching in at work. While employment overall has been rosy — the unemployment rate went down 20 basis points to 3.6% in April, according to the U.S. Bureau of Labor Statistics — signs of job cuts are emerging. Last month, U.S.-based businesses

Ariel Skelley | DigitalVision | Getty Images I know the entire premise of investing is to someday be like Warren Buffett, the Sage of Omaha. While you can dream of such a lofty goal, you can still do pretty well for yourself when it comes to investing. As a certified financial planner, I often have

It was a moment that the 45 million Americans who hold student loans can only dream of. Robert F. Smith, the founder and CEO of the private equity firm Vista Equity Partners, came to Morehouse College to deliver a commencement address and receive an honorary degree — a standard part of any college graduation ceremony.

Warren Buffett Gerard Miller | CNBC Billionaire Warren Buffett is a master when it comes to investing. The Berkshire Hathaway CEO is famous for buying and holding stock — and not giving in to the volatility of the market. He’s also well-known for taking big stakes in companies, such as the $900 million worth of

Paul Bradbury | Caiaimage | Getty Images All parents know what it’s like trying to pull off a good family vacation. After planning, traveling, keeping track of luggage and children, and dealing with squabbles and untimely bathroom needs, if you return intact with everyone still mostly on speaking terms, you’re likely to consider it a

Signage is displayed inside the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., on Monday, March 4, 2019. Andrew Harrer | Bloomberg | Getty Images The nation’s consumer watchdog agency on Friday filed suit against a debt-collection law firm, accusing it of using deceptive practices to get consumers to pay money that they

FluxFactory | E+ | Getty Images Nobody likes to get a poor grade. But those online “test-your-financial-literacy quizzes can be irresistible. They’re short. You think you’ll do pretty well. Then, wham. You failed. How bad should you feel? Probably not very. When U.S. managers, including corporate executives, were tested on basic financial literacy, the average

Nancy Ney | Photodisc | Getty Images As the cost of college rises, more parents are cosigning private loans for their children’s education. That move can wreak havoc on older people’s financial lives if their child struggles to repay the debt. Some 45% of adults over 50 who took on education-related debt for someone else

Pedestrians walk past a stock indicator board showing the share price index of the Tokyo Stock Exchange (C, top) in Tokyo on December 25, 2018. – Jiji Press | AFP | Getty Images To avoid doing something you’ll regret, you might have decided to look away from your investments until all those trade war headlines start

Your journey on the road to building wealth begins with one question: Have you earned the right to invest? Even the most ambitious savers need to go through a little bit of prep work before they start socking away cash into a brokerage account, an individual retirement account or any other long-term investment. “Before you

If you regularly contribute to a health savings account and plan to claim Social Security past your full retirement age, watch out. That’s because you can no longer contribute to an HSA once you’re on Medicare, no matter whether you sign up just for Part A hospital coverage (which is free) or additional parts of

Money can be one of the biggest stressors in a couple’s life. But there are certain tricks that can help ease the pressure. One of those is what’s called a “mad money” account, a favorite of certified financial planner Lazetta Rainey Braxton. The idea is that each person puts aside a set amount every month

Show – don’t tell – what you bring to the table.  Drazen_ | E+ | Getty Images Forget backpacking through Europe. Scoring an internship during a break from college is key to landing a great job once you graduate. “They are more important today than ever before,” said Jill Tipograph, co-founder of career coach firm

“The Historic Main Street Trolley in Memphis, Tennessee, with buildings, an elegant station, and water fountains in the background.” Davel5957 | E+ | Getty Images Live like a king on $100,000 in Memphis, Tennessee. It turns out the “Home of Blues, Soul and Rock ‘n Roll ” is the best U.S. city to live in

Hero Images | Hero Images | Getty Images Got a home in a tourist destination? A cash windfall and a few tax breaks could be yours this summer. Though it’s only May, a number of locales are becoming standouts for summer travel. In particular, the number of bookings to Rosarito, Mexico, are up 548% year

Going to the store is about to get more — and possibly a lot more — expensive. As trade tensions between the U.S. and China escalate, with both sides increasing tariffs on a widening selection of products, American consumers will see higher prices as soon as this summer. Tariffs on goods traded between the U.S.

The Social Security Office in Alhambra, California. Mario Anzuoni | Reuters As Washington and Beijing face off on tariffs, there could be one unseen group affected: retirees. The Senior Citizens League, a nonpartisan group advocating for seniors, on Tuesday released its latest report on the buying power of Social Security benefits. The group also projected

M_a_y_a | E+ | Getty Images Brides and grooms aren’t the only ones racking up wedding debt. Their guests are turning out their pockets for bachelorette parties and more. Couples who got hitched in 2018 coughed up an average of $33,931 to make their special day a memorable one, according to TheKnot.com. Though newlyweds feel

Grant Taylor | Getty Images You’ve probably heard the saying “Birds of a feather flock together.” But you probably never thought that could apply to the mutual fund you’re invested in due to political bias. Yet that is exactly what research from Yaoyi Xi, assistant professor of finance at San Diego State University’s Fowler College

Hero Images | Getty Images If your high-school senior didn’t make the cut at his dream college this spring, then a transfer might be in the cards. Just make sure you don’t botch it. On average, colleges offered admission to 62% of transfer applicants in fall of 2017, according to the National Association for College

A bill that would reverse some controversial moves made at the nation’s consumer watchdog could get a floor vote in the House in May, according to a letter that Democratic lawmakers received from their leadership late last week. The Consumers First Act, which was approved 34-26 by the House Financial Services Committee in late March,

Motherhood comes with many advantages; a higher income is not one of them. There is a gap between men’s and women’s earnings at all ages, but it is generally narrower for those just starting out and becomes greater over time, according to data from the Bureau of Labor Statistics. That’s where parenthood comes in. For

Got kids? Expect them to hang around long after they turn 18. More than 30% of teens don’t believe they’ll be financially independent from their parents by age 30, according to a new survey from Junior Achievement and Citizens Bank. The two groups polled 1,000 13- to 18-year-old teens online from March 1 through March

Who is your financial role model? If you’re married and said your spouse, you may want to rethink your answer. The latest CNBC and Acorns Invest in You Savings Survey found that 20% of married men said “their partner or their spouse” when answering that question. But women, at 32%, are much more likely to

Robert Daly | Caiaimage | Getty Images When it comes to teaching kids about money, the super rich are different from average Americans. But it’s not only about the amount of wealth they have. It’s also because money is something that many of them would rather not talk about, said Rich Morris, co-author of the