Credit Score Club

Busy college students spend their school years learning all manner of subjects, but unfortunately, responsible credit card use is rarely one of them. Too often, Americans who struggle with credit card debt are merely continuing a habit that they began as college students. Therefore, it is vital that college students learn to use credit cards responsibly before they graduate, in order to begin their working years with the right skills and habits.

For most students, college is an incredibly exciting, fun, and busy time. It is often a period of increased financial stress as young adults are asked to manage their own finances for the first time in their lives.

Full Post…

Gabriel Amadeus/flickr

What do you suspect puts a larger dent in your wallet? Your commute? Or your lunch? A recent survey by Accounting Principals suggests that the average American spends substantially less on commuting costs than they do on food at work, especially young people. And worse, people dont seem to understand that this is the case.

Accounting Principals surveyed 1,000 employed Americans about their financial attitudes closing out 2011 and looking forward to 2012.

Full Post…

Another day, another glut of new ETFs on the market. While there has been a correct emphasis on fees and tax effects- arguably the only two factors an investor can control-investors should also be award of liquidity risk. Liquidity risk describes the situation where a seller of an asset cannot sell it because there are not enough or any buyers. The result is that the seller cannot sell to minimize losses or to profit from paper gains.

Securities are theoretically supposed to be highly liquid due to the fact the stock market is  a meeting place of buyers and sellers. However, some publicly traded securities simply cannot be moved quickly.

Full Post…

When it comes to home loans, we’re a nation of debt-a-phobes. It’s easy to understand why — we’re still digging out from a credit crisis caused by too much (or mismanaged) mortgage debt. Not surprising then that borrowers are choosing shorter-term loans when they can; of those who refinanced a 30-year fixed-rate loan in the third quarter of 2011, 40% chose a 15- or 20-year loan, the largest percentage since 2003. And with high volatility and uncertain returns in the stock market, paying down your mortgage delivers a relatively generous, guaranteed return.

SEE OUR SPECIAL REPORT: Buying and Selling a Home in 2012

But many financial experts think the mortgage burners are misguided.

Full Post…

As a followup to my post earlier this week on Roth IRA income limits, I wanted to highlight how we typically make our Roth IRA contributions. For background, we’re in a relatively high (and variable) income tax bracket. Because of this, we flirt with the Roth income limits on an annual basis, and it’s hard to know for certain whether we’ll be above or below the line until late in the year.

While we could wait until the end of the year, or even early the following year, to determine whether or not we can contribute, I’d rather get it knocked out right away. Thus, w

Full Post…

This name change coincides with the separation of Incisive Media, SIAS and The Actuarial Profession from The Actuary magazine, the site’s original namesake, as their publication contract comes to an end.

Actuary Jobs is the specialist jobsite for the actuarial sector and carries over 700 of the latest actuarial jobs across a range of sectors, locations and experience – including insurance, pensions, health and banking. Full Post…