Celebrities make big bucks from endorsements, and the financial industry hires them to push its services too. We've compiled a list of five financial products endorsed by some famous faces that you really shouldn't take at face value.
When financial industry reforms in Washington nixed some of banks' favorite ways to drain extra profits out of your credit and debit cards, they turned to a slightly different piece of plastic: the prepaid credit card. And celebrities are looking to profit from them too.
Given the complexity of their financial lives, you'd think boomers would be avid users of the latest money apps and programs. But most aren't. Is it them, or is it the products and services being offered? Turns out it's both.
As far as bad habits go, smoking is a popular example of one to give up. Now there's a new report that makes a dramatic financial case for quitting: In New York State, low-income smokers are spending roughly one-quarter of their income on cigarettes.
Savers have taken it on the chin for years, with banks paying almost nothing on checking and savings accounts while charging big fees. So when a new financial website offered a 6% interest rate on an insured savings account, it got a lot of attention.
Suze Orman is trying to succeed where the Kardashians failed. The host of the popular TV money show is offering a new prepaid card that works much the same way as a debit card. Her goal: Offer a credit card alternative that doesn't charge you an arm and a leg.
Being fat isn't just bad for your health, it's also murder on your wallet. Biggest Loser host Alison Sweeney (who has had her own ups and downs with weight) wants to help. She offers these five tips to help you control your budget and waistline at the same time.
The money expert blasted Alan Greenspan's 2004 remarks championing adjustable-rate mortgages -- loans that played a key role in the financial crisis. Seems like the former central banker was a lousy personal finance guru.
