Category Archives: Money

Is Wall Street Eating Your 401(k) Nest Egg?

From NPR News

Americans collectively are losing billions of dollars a year out of their retirement accounts because they’re paying excessive fees, according to researchers studying thousands of employer-sponsored retirement plans across the country.

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$50,000 In Student Loans? You Probably Don’t Think College Was Worth It

From NPR News

“The value of my education is priceless, but the value of my education is also not $140,000 in debt.”

That was the statement of a Hunter College graduate with a master’s degree, as quoted in the documentary Ivory Tower. And a new national poll suggests that thousands of graduates, especially younger graduates, agree with her.

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Why Dave Ramsey’s investment advice sounds more logical than it really is

From LifeHealthPro

Eighteen months ago, I met a wooden boat guru named Ron. He taught me a lot about my wooden boat and why chunking — when you replace only the rotted sections of wood, rather than replacing the entire plank — is dangerous. If you do this, eventually you’re left with a boat composed of many small chunks of wood.

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Do You Use Money? If So, You’ll Want To Read This By Thursday

From NPR News

The Fed is considering raising interest rates — and will announce that decision on Thursday. If the central bank were to act, it could have an impact on your financial life, forcing you to eventually pay more for car loans, credit cards, home equity loans and more. Or if you’re a retiree with savings, a rate hike could boost your income.

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