Articles on Personal Finance

5 Downsides of a Reverse Mortgage

A reverse mortgage may sound like a good plan in retirement, but beware — these loans are not without their drawbacks.

It's not easy making the rent, and for many, roommates are unavoidable. Let's try to make this arrangement as painless as possible, shall we?

You know the drill — closing a credit card can damage your credit score. But sometimes, it might be the right move.

The latest trend in real estate is living large in a really small space. Seems like that should be a money-saver, right?

Before you seal the deal on a new house, ask yourself: Are you prepared for the investment? Run through these questions first.

Know your worth — your net worth, that is. Then focus on increasing it.

Hindsight is 20/20 and it's easy to look back and second guess ourselves. But not with these financial choices — they're right every time.

A lost job, a new baby… You really can make the shift from two-income household to one with some easy budgeting tricks.

With an FHA loan you don't need great credit — nor a lot of cash — to get into a home. What's the catch?

Actually, the simplest rule is "Don't." But if you must, here's what you do to make it as painless as possible.

If you've ever felt daunted by the complexity — and risk — of investing real money, try it for pretend first. It's fun, too!

Commuting, whether by car or public transit takes, its toll — in your health. Learn what steps to take to limit the effects of the daily drive.

Being short on a few winks is bad for more than just your health. A bad night's sleep can lead to many harmful money mistakes, too.

Shave dollars off your most expensive bills with one simple move — pick up the phone!

As if you needed another reason to be a safe driver, it'll save you big bucks, too.

Risk and reward go hand in hand, but how do you pick the investment strategy for your needs? Brush up on the basics before you buy.

Ever forget your wallet on a date? Believe it or not, there's a graceful way out of that awkward moment and these nine others, too.

Are you always the one who gets stuck covering taxes and tip when it's time to settle the tab with friends? Not anymore.

Whether your windfall is a crisp $50 bill or a few thousand smackers, you can invest it wisely for the best long term payoff. Here's how.

Today we found small New Year’s resolutions for your money, cheap ways to make your life happier, and overpriced grocery items to skip.