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Researchers Find Optimal Way To Pay Off Student Loans

Researchers Find Optimal Way To Pay Off Student Loans

After graduating or leaving college, many students face a difficult choice: Try to pay off their student loans as fast as possible to save on interest, or enroll in an income-based repayment plan, which offers affordable payments based on their income and forgives any balance remaining after 20 or 25 years.

Jun 28, 2021 01:34 PM EDT


Language Used On Credit Card Websites The Hardest To Understand

Language Used On Credit Card Websites The Hardest To Understand

New research led by the University of East Anglia (UEA) reveals how easy it is for consumers to understand the language used on personal finance websites.

Jun 28, 2021 12:53 PM EDT


You Can Have Too Much Of A Good Thing, Says Study Financial Analysts' Work-Life Balance

You Can Have Too Much Of A Good Thing, Says Study Financial Analysts' Work-Life Balance

Last winter, Goldman Sachs reported it was working to make things better after a group of junior analysts revolted against 100-hour work weeks.

Jun 28, 2021 12:46 PM EDT


Top 9 Best Ways To Create Wealth

Top 9 Best Ways To Create Wealth

Wealth creation is something that everyone aspires to do. Every budget made or financial planning done aims to create wealth using different strategies such as cutting cost to save more, investing in instruments which has higher returns, investing for a longer duration and much more.

Jun 28, 2021 11:35 AM EDT


Top 6 Tips To Manage Finances During COVID-19

Top 6 Tips To Manage Finances During COVID-19

The ongoing COVID-19 pandemic has brought in a lot of challenges for one and all.

Jun 28, 2021 11:32 AM EDT


Lack Of Awareness Of inequality  Means We Penalize Those Who Have Least Money

Lack Of Awareness Of Inequality Means We Penalize Those Who Have Least Money

People can automatically assume that someone who gives less money to charity is less generous, according to new research.

Jun 25, 2021 12:52 PM EDT


People Globally Return 'Lost' Wallets More As Money Increases

People Globally Return 'Lost' Wallets More As Money Increases

People Globally Return 'Lost' Wallets More As Money Increases

Jun 25, 2021 12:39 PM EDT


Nice People Finish Last When It Comes To Money

Nice People Finish Last When It Comes To Money

Nice people may be at greater risk of bankruptcy and other financial hardships compared with their less agreeable peers, not because they are more cooperative, but because they don't value money as much, according to research published by the American Psychological Association.

Jun 25, 2021 12:35 PM EDT


To Prepare Kids Financially, Give Them Practice With Money

Parents: To Prepare Kids Financially, Give Them Practice With Money

Children learn more about finances from their parents than any other source, previous research has shown. The process through which parents impart this knowledge onto their children is known as "financial socialization."

Jun 25, 2021 12:28 PM EDT


Women Entrepreneurs Are More Motivated By Social Impact Than Money

Study: Women Entrepreneurs Are More Motivated By Social Impact Than Money

Entrepreneurial motivation is important to economic growth because entrepreneurs create companies that produce new products and services, which in turn, boost productivity.

Jun 22, 2021 06:24 PM EDT


Money Matters To Happiness--Perhaps More Than Previously Thought

Money Matters To Happiness--Perhaps More Than Previously Thought

What's the relationship between money and well-being? "It's one of the most studied questions in my field," says Matthew Killingsworth, a senior fellow at Penn's Wharton School who studies human happiness.

Jun 22, 2021 06:21 PM EDT


Budgeting With the 50/20/30 Budget Rule

Budgeting With the 50/20/30 Budget Rule

What is a budget? For many, it is just like a schedule to pay bills, but, in reality a budget is a lot more than that.

Jun 21, 2021 03:38 PM EDT


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