BusinessYahoo Finance•yesterdayWhy married couples should have separate bank accounts
According to a creditcards.com report, approximately 7.2 million Americans (4.4 million men and 2.8 million women) have hidden a bank or credit card account that their live-in spouse or partner doesn’t know about. Many of us remember the sheepish feeling of having to ask our parents for money growing up.
- BusinessMarketWatch•yesterday
$1 million or $5,000 a month: which would you choose?
These days, investors can track at any moment how the market’s daily ups and downs are affecting their wealth. Even investors with multiple investment accounts spread across different firms can calculate changes in their net worth in real time, thanks to websites and apps that do all of the work for them. One might think that having all of this information would make people more financially savvy, especially when it comes to saving for retirement. New research, however, suggests that for many people, it may be the opposite. That’s in part because many of the digital tools used to track net worth present information in a way that leads some investors to develop mistaken beliefs about how much
- BusinessThe Street•yesterday
Millennials Are Making This Huge Mistake When Buying a Home, Say HGTV's 'Property Brothers'
Listen up, millennials. Jonathan Scott and Drew Scott, co-stars of HGTV's "Property Brothers," have some advice for you. "Never be desperate to get into home ownership," said Jonathan Scott. "Because that's a great way to guarantee you'll fail." Many millennials are burdened with student loan and credit card debt making it tough to save for a down payment on a home. "You really need to be diligent that your credit is in line and that you're organized when you get into home ownership," he said. Drew Scott cited data from Alphabet's (GOOGL) Google, showing a 44% increase in Google searches in the first-time home buyer category since last year. "It means there are a lot of millennials looking to
