Latest Money & Credit

ATM machine
How To Avoid ATM Fees Banks & Banking August 31st, 2023
Are you still paying ATM fees? If so, then you’re literally wasting money by giving it to a bank or…
Reverse mortgage
4 Alternatives to a Reverse Mortgage Homes & Real Estate August 30th, 2023
Long-time followers of money expert Clark Howard know that he is not a fan of reverse mortgages. What Is a…
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I Just Graduated With $5,000 in Walmart Stock. How Can I Convert It Into a Roth IRA? Investing & Retirement August 30th, 2023
There are summer jobs that pay decent hourly wages to students. And then there are jobs you work while you're…
Money Under Mattress
How Much Cash Should You Keep at Home in Case of Emergency? Money & Credit August 28th, 2023
You may have heard money expert Clark Howard recommend that everyone should keep some cash at home in case there's…
13 Fees That Are a Total Waste of Your Hard-Earned Money
13 Fees That Are a Total Waste of Your Hard-Earned Money Money & Credit August 23rd, 2023
It seems like pretty much everything comes with fees these days. Some of those fees we know about, and some…
Retirees holding sign showing retirement budget and expense categories
6 Major Expenses in Retirement (and How To Reduce Them!) Investing & Retirement August 21st, 2023
Many people spend their working years trying to save enough money for retirement. But how can you predict what your…
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Should You Ever Decline a Credit Limit Increase? Credit August 20th, 2023
Congratulations. We just approved you for a credit limit increase of $1,000. Your new limit is $10,000. If you've held…
7 Most Common Financial Regrets
7 Most Common Financial Regrets Money & Credit August 18th, 2023
Unless you're a fictional character, you're likely to have a few financial regrets in your life. Hopefully, they can be…
Calendar with date circled and 'Retire!' written on it
Target Date Funds: Clark’s Favorite Retirement Investment Investing & Retirement August 16th, 2023
Target date funds are the “easy button” for retirement investing. They can take the confusion and research out of investing…
Should you roll over your 401(k) to an IRA? It depends on several factors, money expert Clark Howard says.
401(k) Rollover: What You Need To Know & Options Investing & Retirement August 14th, 2023
Should you roll over your 401(k) or leave it with your old company? If you've recently left a job or…
online savings account
How Shockingly Low Interest Rates Are at the Big Banks Banks & Banking August 11th, 2023
The Federal Reserve has managed to gradually reduce inflation. This means that some things we buy are getting cheaper. It…
FedNow instant payments service
What Is FedNow? Banks & Banking August 8th, 2023
Have you ever noticed how even with “instant” payment apps like CashApp, Venmo, and Zelle it takes a few days…
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I’m Retiring as a Firefighter With a Pension, $380K in Investments and $65K in Debt. What Do I Do? Debt August 4th, 2023
A pension is a rarity for people looking to retire in the near future. Throw in nearly $400,000 in retirement…
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Should I Avoid Investing More Than $500,000 With a Single Brokerage Firm? Investing & Retirement August 3rd, 2023
Most people know that the FDIC insures bank accounts up to $250,000. But did you know that brokerage firms registered…
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My Insurance Company Is Penalizing Me for Paying via Credit Card. What Should I Do? Money & Credit August 3rd, 2023
Making a credit card transaction isn't free. Credit card giants such as Visa and Mastercard charge fees for each swipe…
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Is It Worth Chasing the Online Savings Account With the Highest Interest Rate Each Month? Banks & Banking August 1st, 2023
Gone are the days when even the highest-yield savings accounts were paying next to nothing in interest. The Fed has…
Where To Put Your Cash When You’re Saving for a Purchase in Less Than 5 Years
Where To Put Your Cash When You’re Saving for a Purchase in Less Than 5 Years Investing & Retirement July 31st, 2023
You're making a major purchase in the future. Perhaps you're saving to buy a house or a car, pay for…
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Clark, Why Do You Spend Money As if You’re Broke? Money & Credit July 25th, 2023
Money expert Clark Howard seems to delight in labeling himself as "cheap." In some ways, it seems that saving money…
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What Does Clark Think About Living on a Cruise Ship for Retirement? Investing & Retirement July 24th, 2023
Cruises can make for fantastic vacations. Some people swear by them. Money expert Clark Howard's son loves them so much…
5-year CD
The Window To Open a 5-Year CD Is Closing Soon Money & Credit July 24th, 2023
While the recent inflationary pressures affecting the U.S. economy have not been kind to your budget, they have been beneficial…
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Should I Invest a Lump Sum at Once or Through Dollar-Cost Averaging? Investing & Retirement July 20th, 2023
Most of us have dreamed about suddenly receiving a large pile of money. But, if you're financially responsible, you may…
recession sign
Why You Should Expect a Mild Recession Money & Credit July 18th, 2023
Although inflation has fallen a bit and mortgage rates are starting to recede, economic headwinds have been indicating that the…
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What’s Clark’s Opinion on the Greenlight Prepaid Debit Card for Kids? Money & Credit July 14th, 2023
Decades ago, finances for children were simpler. Perhaps you put up a chore chart on the back of a door…
The Rule of 55 allows you to withdraw 401(k) funds before age 59½.
The Rule of 55: What Is It, How It Works Investing & Retirement July 13th, 2023
If you're thinking about early retirement, it may be important for you to understand the Rule of 55 for 401(k)…
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What Does Clark Howard Think About Vanguard’s New Cash Deposit Feature? Investing & Retirement July 13th, 2023
Vanguard slowly rolled out Cash Deposit in 2022, an FDIC-insured interest-bearing account for its customers. The massive discount broker, known…
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My Financial Advisor Just Became a Fiduciary But I’m Getting Charged More in Fees. Should I Switch? Investing & Retirement July 12th, 2023
If you listen to money expert Clark Howard, you've heard that you need a fee-only fiduciary as your financial advisor.…
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How Do You Tell Your Long-Time Spouse You Want To Split Your Finances 50/50? Money & Credit July 11th, 2023
When you're young and just starting your career, you may imagine a worst-case scenario of never making enough money. You…
Roth 401(k) versus traditional 401(k)
What Is a Roth 401(k) and How Does It Work? Investing & Retirement July 9th, 2023
If you agree with money expert Clark Howard’s investment philosophy and the term “Roth 401(k)” doesn't already make you smile,…
How much money do you need in retirement?
Report: How Much Americans Say They Need To Retire Investing & Retirement July 6th, 2023
A recent financial study shows that the amount of money U.S. adults think they’ll need in retirement is increasing. Northwestern…
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My Husband Bought an Individual Stock in His IRA. Will You Tell Him This Is an Awful Idea? Investing & Retirement June 27th, 2023
If you've listened to money expert Clark Howard over the years, you've likely heard him explain his investing strategy. Clark…