How I Squandered My Inheritance at Age 18
Lyn Roman inherited a small trust fund, and spent it all in a year. But the lessons she learned from her mistakes, and how she bounced back from them, have been priceless.
Lyn Roman inherited a small trust fund, and spent it all in a year. But the lessons she learned from her mistakes, and how she bounced back from them, have been priceless.
Determining how fast you can and should pay off your debts starts with a few simple steps -- and first among them is understanding how you got into debt to start with.
We all want to avoid facing hard financial truths sometimes, but ignore these 10 warning signs of an impending money disaster at your own peril.
We all know the usual ways people try to save or generate more money to pay off their debts -- but some people go to extremes to escape those IOUs. We asked credit counselors across the country to share some of the more dramatic approaches their clients have used to get out of debt.
Danielle Wagasky, her husband, and two kids live well and happily on just $14,000 a year: She's been sharing her efforts to live meaningfully and frugally on her blog, "Blissful and Domestic," since 2009, and was happy to tell us how she and her family make it work.
While some school systems have added financial literacy to their curricula, many have not, and in the end, responsibility for ensuring your offspring are ready for adult financial life is on your shoulders. Fortunately, there are plenty of ways you can add to your teens' practical knowledge.
Everyone has things they want to improve about their financial lives -- and we in the AOL newsroom are no exceptions. So we asked money expert Jean Chatzky for advice on how to reach our goals. Today: A DailyFinance reporter who's ready to break up with his bank.
Everyone has things they want to improve about their financial lives -- and we in the AOL newsroom are no exceptions. So we asked money expert Jean Chatzky for advice on how to reach our goals. Today: An AOL Jobs editor who wants to cut the small, everyday money wasters out of her budget.
Everyone has things they want to improve about their financial lives -- and we at DailyFinance are no exceptions. So we asked money expert Jean Chatzky for advice on how to reach our goals. Today: A photo editor looking to modify an underwater mortgage.
Everyone has things they want to improve about their financial lives -- and we at DailyFinance are no exceptions. So we asked money expert Jean Chatzky for advice on how to reach our goals. Today: An real estate reporter with an online shipping habit.
Everyone has things they want to improve about their financial lives -- and we at DailyFinance are no exceptions. So we asked money expert Jean Chatzky for advice on how to reach our goals. Today: An editor who wants to get the best deal on refinancing.
Everyone has things they want to improve about their financial lives -- and we in the AOL newsroom are no exceptions. So we asked money expert Jean Chatzky for advice on how to reach our goals. Today: A real estate editor who wants to save more and owe less.
Everyone has things they want to improve about their financial lives -- and we in the AOL newsroom are no exceptions. So we asked money expert Jean Chatzky for advice on how to reach our goals. Today: A music editor who wants to understand more about her 401(k).
Everyone has things they want to improve about their financial lives -- even the staff of DailyFinance. So we asked money expert Jean Chatzky for advice on how to reach our goals, and we're sharing her answers with you. First up: An editor looking ahead to college tuition bills.
If you ever needed to be reminded of the importance of estate planning, look no further than the story of Chanel Reynolds. Reynolds, a Seattle mother of two, faced financial disaster after her husband's sudden death at 43. So she started a web site to help others get their financial acts together.














