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Real world financial advice for college students and young adults
For richer, for poorer: financial tips for young couples
Planning for your financial future as a married couple is imperative, since finances tend to be the most common trigger for marital conflicts and divorce. To guard against money disputes, it is extremely important for couples to openly discuss financial matters before saying, “I do.” We've pulled together some financial tips to avoid surprises and foster a profitable, financial partnership.
Get rich: your millionaire marathon
Attention young adults, if you saved $140 a month starting today, you could be a millionaire by the time you retire.
No joke — just look at the chart below. Your age gives you a HUGE advantage if you start now;
it all has to do with compound interest and time.
Car poor? Refinance rich
The average new car payment in the United States is $470 a month, according to
March 2008 data from Edmunds Inc. But if a 25-year-old were to invest that same
amount each month at a conservative 6% return, he would have more than $900,000
by the time he was 65.
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