When it comes to managing money, women worry a lot more than men do—and women are more likely to ask for help with their money problems.
That’s the gender gap described in a recent report by Financial Finesse, a firm that operates a financial planning helpline as an employee benefit for large companies.
Among the findings: only [...]
Sometimes a great notion just doesn’t live up to its promise.
That’s certainly true for target-date retirement funds, which are all-in-one portfolios that automatically shift to grow more conservative by your retirement date. A staple of 401(k) plans—and the default option for most new investors—many target funds underperformed badly in the market meltdown. The typical 2020 [...]
One of the infinite ways in which you can divide up the world into two types of people is savings behavior. People are either diligent savers or they aren’t; likely, you know where you fit in without being told.
But other than the habit of savings, how are savers and spenders different from one another? Recently, [...]
The credit card industry is on shaky ground right now, with banks fretting over recent legislation that will rein in some of their most abusive practices and a decline in credit card spending on the whole.
But Chase Card Services is hoping to win some customers back by unveiling its new Ultimate Rewards program Thursday. Similar [...]
Vanguard this week announced changes to three of its money market funds: According to a press release on the company’s website, Admiral Treasury Money Market and Treasury Money Market will merge (the two funds have been closed to new investors since late January).
In addition, Vanguard said it would close Federal Money Market to new investors, as of the end [...]