broke

Living Paycheck to Paycheck: Personal Finance for the 40%

According to a new CareerBuilder survey, 40% of Americans say they are living paycheck to paycheck -- and if that sounds rough, it's an improvement from a 2008 peak of 46%. Here's a great infographic on what that means for our personal finances.

Allen Iverson Is Broke: What His Errors Can Teach Us

Former NBA superstar Allen Iverson earned $154 million from his Sixers salary alone during his career. Now, he owes more than he can pay. How did it happen, and what lessons can his fiscal foul-ups teach to the rest of us. The answers are distressingly simple.

Broke Stars: 11 Celebrities Who Went Bankrupt

Gary Busey joined the ranks of the insolvent last week, filing for bankruptcy with debts that far outweigh his assets. But he's by no means unique: There's a whole subset of celebrities practically defined by their inability to live within their enormous means. Check out our gallery of fiscally fallen stars.

10 Star Athletes Who Excelled at Losing Millions

We learned last week that former NFL star Chris McAlister, a three-time Pro Bowler, is broke and living with his parents after just a year out of the league. But he's hardly the first sports icon to blow through the cash in a flash. In his honor, here are our 10 favorite professional asset-annihilating athletes.

What to do when you're 50 and broke

What to do when you're 50 and brokeBeing 50 and broke isn't so unusual these days. There are a lot of Boomers whose savings was devastated by the decline in the stock market; whose...

America's Thriving Poverty Business

Business is booming for companies that reap profits from the growing number of Americans with their backs to the financial wall. Former New York Times reporter Gary Rivlin's new book Broke, USA dives into the world of pawnshops, payday lenders and the rest of the "poverty business."