|• ||5 Money Lessons Students Should (But Usually Don't) Learn In School|
High school students with basic financial literacy skills are better equipped to understand the important financial implications of the decisions that they make about which college to attend and how to pay for it. Here are five money lessons that every teenager should be taught:
|• ||1 In 4 Married American Men On Ashley Madison: Why That Is A Great Wake-Up For Women|
The numbers are compelling: 37 million people who paid to have their names removed from online affair site, Ashley Madison -- and nearly all men (the 5.5 million women profiles on the list were later found to be nearly all fake). I crunched the numbers (see bottom of post for details), and found that one in four married men in the United States were on the Ashley Madison site. One in four. You know four married men. I know way more than four married men. At least one in four of them was on Ashley Madison. Of course, there are a zillion other ways to find sex or romantic companionship with someone who is not your wife. I don't need to spell them out, because you are an adult, and you live in the real world where everyone knows that people cheat, all the time. And yet, when we hear figures like half of men cheat, or 15 percent of married women cheat, as New York Times bestselling therapist M. Gary Neuman told me for this article about Ashley Madison and the impending divorce boom, we all exhibit shock and awe and skepticism at these very high numbers.
|• ||Which Retirement Account Should I Fund?|
There are several types of retirement accounts. Which account you should fund depends on your circumstances. However, here are some general guidelines you can follow to make your decision.
|• ||How To Lend Money To Family Or Friends (If You Must)|
Money pros often advise against lending cash to relatives or buddies. But if you need to, follow these rules to make the transaction work for both parties.
|• ||Four Things To Consider Before Establishing A Roth 401(k)|
Roth 401(k)s offer many great features and benefits but do have some hidden land mines that can complicate other saving strategies and tax situations.
|• ||Berkshire's Charlie Munger: The Legendary Investor's Strategy And Best ETF, Mutual Fund Picks|
As Warren Buffett?s partner and vice chairman of Berkshire Hathaway (BRKB), Charlie Munger?s net worth is estimated at $1.23 billion. Tren Griffin, Microsoft's sr. director of strategy, explains how Munger beat the Dow Jones Industrial Average a phenomenal 13 years in a row by a whopping 15 percentage points on average. He also shares Munger?s best quotes and how individual investors can invest like Munger with exchange-traded and mutual funds.