College is incredibly expensive and prices are only going up. This chart shows how much you need to save every year for your child’s expenses depending on what you plan to contribute, how old they are when you start saving, and whether they go to a private or public university. »
Automated robots and computer systems can manage inventory, perform sales transactions, prepare and cook meals, navigate any form of vehicle whether land, water, air or space, perform surgery, give advice, communicate in all languages, supply accurate medication and drugs to patients based on health history and… »
When most people think prenup, they think of protecting assets. When you don’t have any assets, it’s only natural to disregard the idea. But prenuptial agreements aren’t just something wealthy people should consider. There are plenty of reasons to consider one even if you don’t have a huge net worth.
New York and DC are piles of ash, but at least your checks are clearing. That was the idea behind the Culpeper Switch, a sprawling bunker built by the Federal Reserve to keep the banks running after nuclear apocalypse. But even some Cold War-era politicians thought it was silly. »
If you can max out your IRA every year, you’re in good shape. Not only are you saving for your future; you’re also taking advantage of the tax benefit of an IRA. Because of this benefit, the IRS has strict rules for how much you can contribute. Be careful not to exceed their limit, because you’ll be penalized.
When it comes to planning your financial future, it’s common to look at how much your investments are making or employer matching benefits. One number can give you a birds-eye view on your overall situation: your personal savings rate. »
You don’t see the words “finance” and “exciting” used in the same sentence very often. Personal finance is a pretty boring topic. Because of that, it’s easy to neglect our financial goals. To build momentum and stay motivated to achieve those goals, make them small and exciting. »
If you’re just getting started with investing, you may be overwhelmed with your choices. What’s the best investment you can make to maximize your future returns? If you still have debt (especially credit cards), then one of the best investments you can make is paying that off. »
Good news for all of you who haven’t been invited to a wedding yet: You can spend your money however you like. Bad news for everyone else: Going to a wedding is going to cost you so much you might actually weep.
Ask any personal finance expert and they’ll tell you that the earlier you can save, the better. The uncomfortable corrolary to that is that if you start saving late, you’re screwed. And yes, it’s harder, but your life doesn’t have to be ruined. »
Dear Two Cents,
I’m out of debt, and I’m now saving for a down payment on a home. It’s always been my dream to be a homeowner. But lately, I read a lot of arguments against it in favor of renting. How do I know if it’s a good idea for me? Should I buy or keep renting? »
Steam isn’t free anymore. If you’ve been living under a rock (or in a cramped car, like I have for the past few days), you’ll be interested to know that Valve is now walling off certain Steam features until you’ve spent at least $5 in the store. The reason? To curve spamming and scamming. Read more over at Kotaku UK. »