Welcome to this week’s edition of our Tuesday Top 5, our new weekly tips post to help you manage your money in five easy steps.
Today we tell you the five things you need to know if your end goal is retiring a millionaire. Sound like a pipe dream? It’s not if you start early enough.
Think you [...]
National Save for Retirement Week is coming up (October 18-24) to urge Americans to beef up their savings accounts for the long haul. Those who have the longest amount of time before retiring stand to gain the most by investing early (thanks to the wonders of compounding interest), so it’s particularly important that young people [...]
The stock market has had a couple of good weeks in a row but unless you’re invested in it, the recovery isn’t doing you much good. If you haven’t a clue about where to start in the stock market, Morningstar.com’s Investing Classroom offers a bunch of free online tutorials to teach you the basics about [...]
Most people believe owning a home is the American dream, right? Not necessarily. The idea that you’re just throwing your money away by renting is no longer the rule — in fact, over the past few years, many more people have thrown their money away by buying.
The government offers several financial incentives to homeownership. From [...]
Buying an occasional lottery ticket for fun isn’t a terrible idea. At least if being virtually guaranteed to lose is your idea of a good time. After all, it’s pretty much like making a non-tax-deductible donation to the government, and if you only buy one or two every few weeks then you aren’t spending too [...]