Savings

Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.

High-yield savings accounts are offering attractive returns to some savers with the Federal Reserve holding interest rates at the highest level since 2001.

Average 401(k) and IRA balances have risen for three straight quarters, Fidelity reported. But some savers face particular hurdles.

Personal loans have helped many Americans pay down high-interest debt and improve their credit scores amid high inflation and economic uncertainty, according to a report by TransUnion.

High mortgage rates have brought average monthly mortgage payments to near-record highs as Americans deal with economic uncertainty. But there are ways to lower your monthly mortgage payments.

There are many ways to lower student loan payments or get forgiveness. These include the Saving on A Valuable Education (SAVE) plan, income-driven repayment (IDR) plans, public service loan forgiveness (PSLF) and more.

Americans with high-interest debt have several options to pay it off including personal loans, balance transfer cards and borrowing from home equity.

Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.

The IRS announced a delay for changes under the Secure 2.0 Act to Americans' catch-up contributions to retirement accounts, allowing those to be made on a pretax basis through 2025.

Americans are relying on credit cards and many said they can’t pay off their balances, according to a Quicken survey.

Many GenXers stopped saving for retirement because they couldn’t afford it, a Clever survey found. And about half have less than $100,000 saved for retirement. But there are many ways to save.

401(k) participation rates have reached 83% this year, Vanguard said.

The lucky winner of this week's $1 billion Powerball jackpot, the third-largest purse in history, lives in California, and 36 other million-dollar winners are scattered across the U.S.

As a college student, it can be easy to forget about debt and expenses, but this can hurt you later. Follow these steps and financially plan for the future while still in school.

With any major purchase, smart saving is required to gather enough money to make a financially sound buy and a boat is no different. These are steps you can follow to grow your savings.

401(k), IRA and 403(b) plan balances increased for the second straight quarter in Q1 2023, Fidelity Investments reported.

With side hustles rising in popularity, here are some ways to most efficiently allocate the extra income to improve your financial footing and cut down debt.

Scammers are likely to start contacting borrowers, promising to help them repay their loans after SCOTUS struck down Biden’s student loan forgiveness plan, the FTC said. Here's how borrowers can protect themselves.