NYU Student Wants to Change How Young People Manage Money
NYU undergrad Scott Gamm has been an avid student of finance since he was 17, and now he's passing the secrets he's learned on to his peers in his book, "More Money, Please."
financial advice
Riches to Rags: Tales of Woe From Those Who Had It and Lost It
Climbing the ladder of success can be a slow process. But once you get there, the reverse process -- sliding down the chute of economic despair -- can happen all too quickly.
How Much Financial Advice Do You Really Need?
Despite a troubling national shortfall in retirement savings and the aftereffects of the foreclosure crisis, the answer, to judge from a rash of recent studies, is "not much."
Millionaire's Lecture on Living With Less: Preachy, but Useful
A multimillionaire's op-ed about cutting back offers a useful perspective -- even for those who no longer have a choice about whether or not to economize.
Her Financial Goal: Getting an Underwater Mortgage Afloat Again
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.
CNNMoney's Money Heroes Offer Their Best Financial Advice
The people CNNMoney has saluted over the past year for improving others' finances have some more help to offer: sound advice for you.
Lottery Winners Share Lessons, Risks of a Giant Powerball Prize
For the winners of the $500 million Powerball jackpot, past winners of mega-lottery drawings have some sound financial advice: Stick to a budget, invest wisely, learn to say no and be prepared to lose friends while riding an emotional roller-coaster of joy, anxiety, guilt and distrust.
Facebook's Real Investing Story: How Brokers and Investors Use It
The most interesting story about investing and social media isn't that you can buy shares of Facebook -- it's the way so many advisers and investors are using social networking sites to connect with each other, and with market information.
Gaming Your Personal Finances: SaveUp Helps You Save - and Win
What if the burden of managing your personal finances could be turned into a game? And what if, in the course of playing that game, saving or paying down your debts gave you the chance to win a lottery-sized chunk of change?
Financial Spring Cleaning: 4 Steps to a Fresh Money Start
The return of warmer weather is an cue for many of us to clear out the debris that has gathered over the winter. But it's not just the house and the yard that could benefit. Here's a step-by-step guide to spring cleaning your finances.
5 Ways to Give Your Finances a Spring Cleaning
CNBC personal finance expert Sharon Epperson says the spring is a good time to clean up your finances by adjusting your payroll withholding, boosting your retirement contributions and scheduling automatic savings.
3 Ways to Take Control of Your Finances in 2012
After the overindulgence of December, it's no surprise that so many people spend January trying to turn over new leaves. If you're ready to get your financial house in order, consider one of these three websites, each with a different take on helping you better manage your money.
4 Mobile Apps to Make You Smarter With Money
If your underperforming money needs a kick in the right direction, turn your mobile device into a financial adviser, motivational coach, and investment guru with these apps. Because a penny saved is a penny earned, they're all free.
How to Avoid 2011's Spending Traps in 2012
In 2011, shoppers were hot -- sometimes too hot -- for bargains, and a little too sensitive to the day's financial news. Savings gurus Jean Chatzky and JB Orecchia weigh in on the year's major spending pitfalls, and how to dodge them in 2012.
Is It Smart to Tap Retirement Funds to Buy a Home?
A 53-year-old woman got divorced in May, and now, she wants to relocate to a new city and buy a little bungalow for herself and her 100-pound dog. But with her low income, she's wondering whether her best bet to get that home is deplete her retirement savings and buy it with cash. Our experts weigh in.
How to Find Seed Money to Restart a Family Business
A New York mom with two kids in college and income worries wants to relaunch her old catering business -- which would help the family budget and let her resume a career she loved. Where can she find the start-up money? DailyFinance's Laura Rowley whips up a few ideas.
Yvonne Strahovski: How to Manage Overnight Success
L.A. has been exceptionally kind to Yvonne Strahovski, the long, blonde spy-babe on NBC's Chuck and the lone pretty face in the new film Killer Elite. But if you don't get the help you need after your big break, Hollywood can kill you with kindness, so Strahovski had to adapt fast.
Psychological Keys to Boosting Your Financial Willpower
Dr. Roy Baumeister is a research psychologist who has studied the science of self-control for many years. He's also co-author of the new book Willpower. We asked him how you can boost your willpower when facing financial temptations and decisions. Here are his secrets.
Young Real Estate Investor Seeks Best Use for Cash
Andy Buman has been financially responsible, and invested wisely in two rental properties and a home of his own in the Omaha, Neb., area. His small real estate empire is doing well, and he has saved an extra $20,000. His question for DailyFinance's Laura Rowley: Which loan should he apply it to for the best return?
What SpongeBob Has Absorbed About Money
Tom Kenny, the voice of SpongeBob SquarePants, wouldn't take money advice from the prattling poriferan. "He works 97 hours a week; he gets paid for 40," notes Kenny. The modern day Mel Blanc doesn't give himself much credit for his own personal finance smarts either -- but maybe he should.
Take the Seinfeld Approach to Market Volatility and Do Nothing
Market turmoil always brings out "experts" dispensing bad advice on what you should do with your money immediately. But if you've stuck to sound investment basics -- appropriate allocations in low-cost index funds -- you should just sit tight and do nothing.
Six Tests Your Financial Planner Should Pass
A new study finds that too many financial planners tell their clients what the clients want to hear, rather than providing objective advice. Here's how to make sure you don't wind up with a "yes man" as an adviser.
Can New Index Beat a Chimp's Stock Picks?
Lusha the Russian chimp's stock picks have outperformed 94% of the country's investment funds. Inspired by Lusha, DailyFinance's Daniel Solin has created a stock index based on the letters of his last name. We'll track it to see if it beats expert fund manager portfolios.