Personal Finance

admin June 21, 2018

Question: When is it okay to splurge? We want to buy a car for $50,000 but it feels excessive. Me and my husband are under 30, paid off all debt except mortgage and saving well for retirement. We have no other car payments.—Anjali. S Dallas, TX Everyone deserves a special treat now and again. For […]

admin June 21, 2018

After the thrill of buying a new home wears off, new owners can get overwhelmed thinking about all the new costs incurred. You may be tempted to outsource it all. But maybe you’re not made of money? Besides, there are things that are worth doing yourself. “If you want to DIY changing out the vanity […]

admin June 21, 2018

Tearing down cubicle walls doesn’t always open up conversation. Some companies turn to open-plan office designs — hallmarked with wide tables, glass rooms and low partitions — as a way to promote collaboration and camaraderie. But according to new research, some women may want more walls, not less. Over the course of a three-year study, […]

admin June 20, 2018

Renting in Manhattan is notoriously expensive. But lately it’s becoming just a little bit more affordable … a little. Prices have been on a general decline this year as more apartments become available, and landlords continue to make concessions. Rental prices declined for the first four months of the year, according to market reports by […]

admin June 20, 2018

Earlier this year, Lin He made a $400,000 profit from a single home flip. The 3,600-square-foot house in Malibu was in foreclosure and was listed for $1.39 million. He purchased it for $985,000 in 2017 without ever stepping foot inside. “Boy, it was bad. It was a lot worse than I thought,” he said. The […]

admin June 20, 2018

I plan to invest half of my savings in a Standard & Poor’s 500 index fund, half in a total bond market index fund, withdraw 3.5% the first year of retirement and then adjust that amount annually for inflation. Is this a low-risk way to ensure my money will last throughout a long retirement?—J.R. I […]

admin June 20, 2018

Lesley Jane Seymour saw the writing on the wall as editor-in-chief of the now defunct More magazine, a magazine for women 40 and older. With five bosses and four publishers in eight years, and limited advertisers for women over 40, “you didn’t have to be a rocket scientist to know this is not a stable […]

admin June 19, 2018

There’s going to be a new way for workers to advance their careers in California. Lawmakers included $100 million in this year’s state budget to create an online community college that will offer certificate and credentialing programs. It will get another $20 million annually. The plan was proposed by Governor Jerry Brown and backed by […]

admin June 19, 2018

One of the surprises of adulthood is how often you’d like to have a lawyer looking over your shoulder. You want to be sure your lease doesn’t include unreasonable demands. Someone to talk to after you’ve been rear-ended. Or a professional to eyeball an employment contract. “People get bullied and walk away,” says Jeff Bell, […]

admin June 19, 2018

Confused by your college financial aid letter? It’s not your fault. Many of them are missing important information, use jargon or acronyms, and don’t differentiate between scholarships and loans, according to a new report from think tank NewAmerica and uAspire, a nonprofit that advises students on the financial aid process. The report, which looked at […]