For 6 in 10 (59 percent) employed retirees, the primary reasons they work are nonfinancial, including to stay mentally alert (18 percent), to remain physically active (15 percent) or to have a sense of purpose (14 percent).
Along with both spouses being able to handle the family’s finances, it’s also important to put together a listing of accounts, insurance policies, health care directives, powers of attorney and wills.
Corporate profits soar while household incomes drop. Who, exactly, is recovering from the financial crisis?
Getting a credit card may get tougher for stay-at-home moms. A proposed rule from the Federal Reserve Board could prevent a stay-at-home mom without independent income from being approved for a credit card in her own name. According to the proposed rule, credit card issuers must consider a person’s independent income rather than household income
When it comes to consumer credit card debt, some cities and states have been hit much harder than others. A study from Equifax, a national credit reporting agency, reveals that the top 50 metropolitan statistical areas with the heaviest credit card debt burdens are clustered in six states: California, Texas, Florida, Ohio, North Carolina and