Welcome to Money in Your Twenties
A new college graduate with a starting salary of $60,000 can expect to pay about $13,000 in taxes. While your actual tax bill varies by state and personal circumstances (for example, having kids makes a big difference), the question for novice earners remains – Why?!Read More
Ask twentysomethings to tell you stories of their financial nightmares, and you’re likely to hear of these money vampires: the bank, the car, and the “cancel at any time” offer.
Unless you store your money in a coffin, choosing the correct checking account is important.Read More
Of all the misconceptions about money, the most unhelpful is the idea that handling money is “common sense.” The truth is the opposite. Success with money requires learning things that make no sense (our tax code); learning things that make some sense but require guidance (how to live within your means), and learning things that are totally new like the unique language of money (“premiums,” “deductibles,” “tax credits”).Read More
It’s January 19, 2023, and Jim Cramer is furious. “If you are a believer in crypto, this is your chance to become a non-believer,” he declares on Mad Money, his TV show on CNBC. “It’s a travesty of a mockery of a sham, and it’s manipulated, and I’ve had it, and I want you out.”Read More