Personal Finance

If you choose cash over credit, it will cost you tens of thousands of dollars over the long term. Here's why.

Today’s infographic comes to us from Betway, and it provides a study of the 100 wealthiest billionaires that topped the 2018 edition of the Forbes Rich List and examines how long it took them to reach the million and billion dollar benchmarks, as well as how many years were in between.

If you were given $10,000 tax-free and had the ability to invest all of it in one of the following options, which would you choose?

Many times we think that the rising cost of living is a part of life but the truth is there are most likely things you are doing to artificially increase your cost of living. With a few small changes, you can lower your cost of living and start saving more money. Below are "tricks" on how to stop the rising cost of living:

By following the 5 most critical personal finance tips outlined below, you are going to see a major improvement in your finances and achieve wealth that you didn’t think was possible. Let’s get started!

Many taxpayers may need to take out money early from their Individual Retirement Account or retirement plan. Doing so, however, can trigger an additional tax on early withdrawals. They would owe this tax on top of other income tax they may have to pay. Here are a few key points to know:

Today’s infographic highlights some of the potential market risks that could move markets, as well as how specific billionaires are hedging to protect their fortunes.

Let’s take a look at some of the common misconceptions about working with a financial advisor that are being proven to be no longer true.

Congratulations! Paying off your mortgage is a huge accomplishment, one that many people only dream about. Go ahead and celebrate but once the celebrations die down, there's a little more work to do in order to properly navigate your new post-mortgage life. The following four steps should help.

Most people get some kind of raise each year. They earn a little more than they did in the year before. Without a plan to save that raise, it’s very easy to use it up by adding a few luxuries or consumption to your regular spending.