education

There’s this lingering myth of “old money families” where wealth is easily passed from generation to generation. But studies have shown wealth attrition to be more common, as bad investment decisions, mismanagement and dilution of assets between heirs eats into the family fortune.

As tuition costs rise and students shoulder staggering debts in order to pursue a post-secondary education that will set them up for the new economy, the conversation surrounding college planning is evolving. Parents are looking for ways to ensure their kids are supported and teenagers are starting to develop plans to set their own savings aside.

Whether you like it or not, a good credit score is essential. Your credit score factors into everything from insurance rates, to whether you get the job you applied for. A good credit score is also needed to buy a house, obtain cell phone service, rent an apartment, and buy a car.

With more than 95% of American workers currently covered by Social Security, there are some things about this massive retirement program that you should probably know.