Money

How Risky Is It to Invest in Options?

How Risky Is It to Invest in Options?

I’ve heard that options are risky investments. Is that true? How do they work? — Tara, Connecticut 

Options have the unfair reputation of being considered riskier than other investment vehicles. For instance, in a book written by a well-respected…

6 Ways to Save Big On Your Monthly Bills

6 Ways to Save Big On Your Monthly Bills

Who isn’t turned off by high bills? I am, yet I’ll go months, even years, without investigating ways to cut them down, even when it could mean saving thousands. The obvious reason: I think I don’t know…

10 Basic Investing Questions — Answered

10 Basic Investing Questions — Answered

At first blush, investing may seem inaccessible and confusing. But it’s a fairly simple concept. Here’s the gist: Investors (like you) buy a piece of a company or lend money to a company (or to the government) in…

You May Not Need A 6-Month Emergency Fund

You May Not Need A 6-Month Emergency Fund

You’ve been hearing that you need a six-month emergency fund for years. But the advice — while it sounds commonsense enough — just doesn’t work for many people.

In fact, most Americans don’t have nearly that much stashed…

4 Easy Hacks to Increase Your Credit Score

4 Easy Hacks to Increase Your Credit Score

Losing points from your credit score is all too easy — and getting them back is hard. But if you know how credit scoring works, you can hack the process to rehabilitate your numbers faster. Here are four effective strategies to…

How I Paid off $35,000 in Debt

How I Paid off $35,000 in Debt

It wasn't until my husband and I had our first child and the medical bills started rolling in that I really started to take a serious look at our debt.
5 Ways to Make Saving Feel Fun

5 Ways to Make Saving Feel Fun

We all know that we’re supposed to save money — for emergencies, so we can make big purchases without credit cards, and for “the future” in general.

But saving money doesn’t usually feel fun or glamorous. Usually it means…

How Many Credit Scores Do I Have?

How Many Credit Scores Do I Have?

Most people think they have just one credit score, and that all lenders use this single score to measure your creditworthiness. But not only do you have more than 30 credit scores, a quick web search also will reveal seemingly…