How to Vet a Financial Advisor
You’ll make a handful of major decisions in life. One of those is selecting the professional who will manage your savings and handle your investments. This choice will impact everything in your life, including sending your child to college, buying a house and living comfortably in retirement. Here are seven criteria for vetting a financial or investment professional:
Why Is Childcare Getting Even More Expensive?
People are shelling out a lot more cash on their kids than on anything else
For many parents, putting a kid in daycare costs more than the rent. And the price continues to climb.
Top Five Wealth Planning Questions for Entrepreneurs
Keep these in mind when preparing for your future
Entrepreneurs tend to be forward-looking: They aim to develop cutting-edge technologies and drive industry-changing innovation with an eye toward shaping the future. Having a long-term outlook should be applauded — and that view should extend to personal finance topics, as well.
Airbnb, Others Pay Out Billions Beneath IRS’s Radar
Study finds the IRS has been slow to adapt to peer-to-peer economy
Current system ill-serves the millions of people who earn income from on-demand platforms by exposing them to possible audit and penalties for misreporting their income.
Buzzwords: Parity
The complexities of wage parity are beyond equal pay for equal work
We’ll be hearing a whole lot of buzz about wage parity this year — in part because groundbreaking research conducted by New York University, University of Pennsylvania and the University of Haifa in Israel identifies flat-out gender bias as the elephant in the room affecting wage parity. This new study, titled “Occupational Feminization and Pay,” is the single most comprehensive study on wage parity in the U.S. to date.
How to Raise Your Credit Score, Fast
The more available credit you use, the more your score gets dinged
Everyone knows the basic rule for building good credit: Pay your bills on time, for a long time. What many people don’t realize is how important it is to use far, far less than the total amount of credit available on your cards.
A ‘Bit’ of a Bounce
What the virtual currency means for Kings fans
The Sacramento Kings have launched a three-point shot in becoming the first NBA basketball team to accept the digital currency bitcoin.
More Than A Feeling
In the quest for funding, charitable organizations need more than a mission — they need a plan
For more and more investors and would-be funders, nonprofits need to have more than a worthy cause and a compelling mission: They need a plan. Specifically, they’re now being asked to showcase the same mindset that’s required of for-profit organizations, meaning that spreadsheets, metrics and core competencies can matter just as much as pulling the heartstrings.
Opinion: A $15 Wage Works in Parts of California, Not All
California has reached a deal to raise its statewide minimum wage to $15 an hour. This would certainly be a breathtakingly broad political experiment. The question is whether it will turn into a breathtaking disaster.
New Spenders
As millenials climb into their highest spending years, financial institutions must go digital to catch their coveted dollars
Ann Thompson, a regional sales executive for Bank of America, knows that the surest route into the hearts and minds of millennials is through their hands — not hand-holding, but talking to them through technology. “They want to be self-served and want things convenient,” Thompson says. “So, we have to reach them through that thing they hold in their hands, a smartphone.”