Personal finance

Many people may have heard about the various so-called attachment styles psychologists and sociologists say we display in our closest relationships, such as “anxious attachment” or “avoidant attachment.” It turns out we also tend to follow certain patterns when it comes to our relationship with money, said Brad Klontz, a Boulder, Colorado-based psychologist and certified

Between higher costs and a possible recession on the horizon, families feel increasingly strained financially.   More than half, or 58%, of all Americans are now living paycheck to paycheck, according to the CNBC Your Money Financial Confidence Survey, conducted in partnership with Momentive.  And even more — roughly 70% — said they feel stressed

Jackyenjoyphotography | Moment | Getty Images It may soon be tougher for consumers to get a $7,500 federal tax credit when buying a new electric vehicle, due to U.S. Department of the Treasury rules set to take effect in about a week. But there’s good news for prospective buyers: Those willing to buy a used

Liubomyr Vorona | Istock | Getty Images The Biden administration’s sweeping plan to cancel up to $20,000 in student debt for tens of millions of Americans may have an unintended, though hopefully temporary, consequence for some people, experts say. “For many borrowers, it will cause their credit scores to drop,” said higher education expert Mark

Gabriel Quezada, 17, is a senior at Early College High School in Costa Mesa, California. Gabriel Quezada As college costs soar and enrollment falters, there’s an alternative to a pricey four-year degree that’s been largely under the radar, until recently. But Gabriel Quezada, 17, was reluctant to try it. His father, Humberto Quezada, said he

Drakula & Co. | Moment | Getty Images Tax season can be stressful. Whether you filed early or you’re racing to meet the April 18 deadline, there are things to know to make the process easier. As of March 24, the IRS has processed more than 80 million returns and issued more than 59 million

Carlos Barquero | Moment | Getty Images Stock market volatility and talk about a possible recession may have people anxious about investing. However, that shouldn’t dissuade anyone from trying to build wealth, whether you are just starting out in your career, are middle-aged or are nearing retirement. “We can’t predict the future, but by thoughtful

IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters The IRS on Thursday released a plan for the nearly $80 billion in agency funding enacted through the Inflation Reduction Act in August — including expected boosts for customer service, technology and enforcement. “Now that we

In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT A prospective home buyer is shown a home by a real estate agent in Coral Gables, Florida. Joe Raedle | Getty Images Today’s home sellers may be able to command higher prices due to recent increases. Certain luxury features may help sell your home for

Nicole Chung Source: Carletta Girma In author Nicole Chung’s new memoir, “A Living Remedy,” she tells the story of watching both her parents die in the span of two years. It was all the more painful because of her mother and father’s inability to afford the medical treatments they needed. Chung blames the country’s broken

Greg Blomberg | EyeEm | Getty Images Americans traveling abroad may need to wait more than four months for a new passport — and delays are likely to worsen as the busy summer travel season approaches. That means international travelers should act soon if they’re planning a trip later this year or in 2024, travel

AscentXmedia | E+ | Getty Images Social Security and Medicare face an uncertain future, based on new annual reports from the programs’ trustees that were released last week. “Insolvency is in the near horizon,” said Marc Goldwein, senior vice president at the Committee for a Responsible Federal Budget, during a panel hosted by the non-partisan,

The disparity in wealth between Black and white households in the U.S. — referred to as the racial wealth gap — has paved the way for a significant retirement savings shortfall that is only growing, according to Thasunda Brown Duckett, president and CEO of TIAA. “There is a real problem,” she said Tuesday in a conversation with

Ijeab | Istock | Getty Images As families try figure out how to pay for their children’s college costs in the fall, scholarships are an important avenue to explore. “Every dollar won in a scholarship could potentially eliminate a dollar borrowed for the student,” said Elaine Rubin, director of corporate communications at Edvisors. More than

Westend61 | Westend61 | Getty Images The job market continued a gradual cooling in February but largely remains advantageous for workers, according to labor data issued Tuesday. Job openings, a barometer of employer demand for workers, fell by 632,000 to 9.9 million in February — the lowest level since May 2021, according to the Bureau

On the heels of the Great Resignation, some workers are even more motivated to leave their job in search of a better work-life balance. To that point, 56% of the workforce is likely to look for a new job in the year ahead, up from 51% in 2022, according to Bankrate’s 2023 job-seeker survey. In

Aaronamat | Istock | Getty Images Over the last 15 years or so, the interest rates you could earn on your cash were very low. And while the Federal Reserve has changed that with a recent series of interest rate hikes aimed at combating high inflation, many savers still do not know they could be

Chuyn | Istock | Getty Images If you’ve dreamt of working or retiring abroad, you may be tempted by the possibility of cheaper housing or healthcare. But there are some things to consider before making the jump. Jude Boudreaux, partner and senior financial planner with The Planning Center in New Orleans, works with several expat

These days, most Americans are stressed about money. And yet, when it comes to budgeting, saving and managing debt, many get some simple fundamentals wrong. For example, according to one LendingTree survey, 65% of Americans think carrying a small balance on their credit card each month will improve their credit score. That’s incorrect. Not only can

A Social Security Administration office in San Francisco. Getty Images The Social Security trust funds that about 67 million Americans rely on for benefits are scheduled to be depleted in 2034, one year earlier than was projected last year, according to the annual trustees’ report released by the Treasury Department on Friday. Unless Congress takes