Latest Money & Credit

inflation going down
Why Clark Howard Thinks Inflation Will Go Down Soon Money & Credit September 21, 2022
Although inflation over the past several months has forced Americans to pay more for goods and services, money expert Clark…
There’s an Important IRS Deadline Coming This Month
There’s an Important IRS Deadline Coming This Month Taxes September 16, 2022
Have you failed to file your taxes over the last few years? If so, the Internal Revenue Service (IRS) has…
escrow account
Should I Close My Mortgage Escrow Account? Money & Credit September 9, 2022
If you have an escrow account with your mortgage, there may come a time when you get the option to…
5 Biggest Financial Risks in Retirement
5 Biggest Financial Risks in Retirement Investing & Retirement September 7, 2022
BOSTON COLLEGE’SCenter for Retirement Research just published a study that explores what Americansthinkare the biggest risks to their retirement—as opposed…
retiree looking at map
Report: The Best and Worst States for Retirement Investing & Retirement August 29, 2022
Where you retire can have a huge bearing on how comfortable you are in your later years. And it's not…
class-action lawsuit
Should You Respond to Class-Action Lawsuits? Money & Credit August 29, 2022
If you're still getting junk mail in your mailbox, it may have included a letter about a class-action lawsuit of…
piggy bank money
Is a 3% CD Worth It Right Now? Investing & Retirement August 26, 2022
As the U.S. economy continues to try to ease inflation, money expert Clark Howard says a notable rise in interest…
retirement clock
The Average Retirement Age in America Investing & Retirement August 18, 2022
At what age do most Americans retire? For many people, it's getting later and later in life. What Is the…
Immediate Payout Annuity: What Is It and Do You Need It?
Immediate Payout Annuity: What Is It and Do You Need It? Investing & Retirement August 5, 2022
Depending on who you're around, sometimes you have to watch your words. I'm not talking about avoiding certain four-letter words…
Mint app
Is Mint a Safe Way To Track My Finances? Budgeting & Saving August 5, 2022
If you’re trying to get out of debt, one necessary step is to create a budget. One of our favorite…
A Retiree Answers 11 Common Retirement Questions
A Retiree Answers 11 Common Retirement Questions Investing & Retirement August 2, 2022
I SPEND SIGNIFICANTtime reading the viewpoints of people who are planning for retirement or who are already retired. My frequent…
Should You Sell or Stay in the Stock Market if You Are Retired or Retiring Soon?
Should You Sell or Stay in the Stock Market if You Are Retired or Retiring Soon? Investing & Retirement July 25, 2022
Whether you celebrated this year's arrival of a bear market or felt pain largely depends on how close you are…
8 Ways Inflation Can Increase Your Tax Bill
8 Ways Inflation Can Increase Your Tax Bill Taxes July 18, 2022
INFLATION HAS BEENthe big economic story of 2022. Steep increases in consumer prices have hurt families in many ways—some of…
Why You Should Name a Trusted Contact
Why You Should Name a Trusted Contact Money & Credit July 18, 2022
The Financial Industry Regulatory Authority (FINRA), the North American Securities Administrators Association and the U.S. Securities and Exchange Commission are…
What Is a Bear Market?
What Is a Bear Market? Investing & Retirement July 14, 2022
The words themselves sound ominous -- if not scary: "bear market." The S&P 500 entered a bear market in June,…
gold bars
Should I Have Gold in My Portfolio Right Now? Investing & Retirement July 12, 2022
As an investment, gold isn't all that interesting. It doesn't pay interest or dividends. There are no quarterly earnings reports.…
piggy bank with money in a shopping cart
Why You Should Shop Your Bank Now More Than Ever Banks & Banking July 8, 2022
If you’ve got some savings set aside, now is the time to get that money working for you if it’s…
The Clark-Approved Way To Invest in Real Estate
The Clark-Approved Way To Invest in Real Estate Homes & Real Estate July 7, 2022
Investing in real estate is a hot topic in 2022 with a booming market for housing prices. However, deciding to…
Why Aren’t My Savings Account Interest Rates Going Up?
Why Aren’t My Savings Account Interest Rates Going Up? Banks & Banking June 28, 2022
By now, you're probably aware that the Federal Reserve is raising interest rates aggressively in an attempt to combat the…
Clark Howard revisits his crypto predictions and takes after the onset of 'Crypto Winter.'
What Clark Howard Thinks of ‘Crypto Winter’ After Big Crash Investing & Retirement June 27, 2022
If you think the S&P 500 decline has been brutal, check out some of the devastating crashes that have taken…
investment fees
What Fee Percentage Is Too High for Your Investments? Investing & Retirement June 20, 2022
It's easy to focus on your investment choices and your returns. But tax implications and investment fees can have an…
interest rate impact
11 Ways Interest Rate Hikes Will Impact Your Wallet Banks & Banking June 11, 2022
With the Federal Reserve eager to tamp down inflation, the period of historically low interest rates in the United States…
Social Security cards and $100 bills
How Does Inflation Impact Social Security Benefits? Investing & Retirement June 8, 2022
ARE YOU IN YOUR 60sand worried about rising consumer prices? It’s worth understanding how inflation affects Social Security benefits—especially its…
4 Factors That Help Make Investors Successful
4 Factors That Help Make Investors Successful Investing & Retirement June 8, 2022
A FEW WEEKS BACK, I discussed the notion of “the four horsemen of the investor apocalypse.” A concept proposed by Morningstar Managing Director Don Phillips,…
Should You Continue Working After Starting To Collect Social Security Benefits?
Should You Continue Working After Starting To Collect Social Security Benefits? Investing & Retirement June 6, 2022
SOCIAL SECURITY’Scomplexity never fails to surprise. While many retirees have some sense for what factors determine the size of their…
3 Places You Should Never Invest Your Money
3 Places You Should Never Invest Your Money Banks & Banking June 6, 2022
With great power comes great responsibility. Whether you've read about the Sword of Damocles or simply watched Spiderman, you've probably…
saving money
How Much Do Americans Need To Live Comfortably? Investing & Retirement June 3, 2022
You may have a certain dollar amount in your head when thinking about how much it would take to live…
Thrift Savings Plan
What Is a Thrift Savings Plan? Investing & Retirement May 26, 2022
What is a Thrift Savings Plan (TSP), and how is it different than a 401(k) or IRA? To start, money…
How Inflation Obscures the Real Value of the Dollar
How Inflation Obscures the Real Value of the Dollar Money & Credit May 20, 2022
DO YOU SEE THINGSclearly when it comes to money? Here’s a test to find out. Which of the following scenarios…
10 Rules for an Enjoyable Retirement
10 Rules for an Enjoyable Retirement Investing & Retirement May 18, 2022
WANT A HAPPIER,more fulfilling retirement? You work your entire life to get there, and you want to make the most…