Lending and borrowing money from a bank follows certain procedural guidelines that have evolved over centuries. Meanwhile, personal lending — that is making or taking loans with friends and family — has been going on for just as long, but firm guidelines haven’t developed because each situation is unique. There is, however, a way to make family loans safer and
Nuveen’s Third Annual Responsible Investing Survey of over 1,000 affluent investors found there is increased interest in working for, buying from, and investing in socially responsible companies. This is even truer among the millennials surveyed. 92% of millennials agreed with the statement “I care more about having a positive impact on society than doing well
Wedding season is here! That might mean you’ve got more than a few weddings your budget didn’t account for. While celebrating the love between friends and family is certainly a happy occasion, the cost of attending weddings – and especially being a member of the wedding party – can add up quickly. According to “USA
Becoming wealthy and staying that way takes a certain level of discipline. Sure, an occasional splurge won’t put you in the poor house, but frequent frivolous spending on things that aren’t necessities can quickly erode hard-earned gains. The frugal habits necessary to achieve financial success and maintain it are often simple lessons learned early on.
You don’t have children of your own, but you’d like to help your friends’ kids pay for college. Here’s what you need to know about gifting a 529 account. This is what individual experts have to say generally about an issue that affects each person differently—if you want personalized advice you should see a financial
College has become ever more expensive, and so it’s important for parents to start saving early. A new report from student loan company Sallie Mae breaks down the state of American parents’ savings plans for their children’s college educations, based on a survey of 2,003 adult parents of children under age 18 performed by Ipsos.