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Straight talk from the money editor
It's the $1.4 trillion elephant in the room. That's the amount 44 million Americans owe on their federal student loans for higher education. That ever-growing amount of debt is creating a huge drag on the larger economy — with delayed purchases of homes and cars because buyers can't qualify for additional loans and young people still hanging out in their parents' basements because they can't afford to strike out on their own. And President Donald Trump's budget, unveiled on Tuesday, proposes to end subsidized interest on student loans and cancel a program known as public service loan forgiveness. Don't despair, though. If you find yourself falling behind, there are steps you can take and we show you how. Last week, we asked you whether you knew what a no-load mutual fund was. Most of you (58%) got a gold star for answering correctly that such funds carry no fees. For more cool stuff like this, please follow me on Twitter @jimpavia. |
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How to avoid the death spiral of student loan default
Student loan defaults can destroy your credit and haunt you for the rest of your life. Use these strategies to prevent that long-lasting money mistake. |
How to keep money safe from cyberattackers
Here are nine easy ways to implement best practices that you can use today to keep your financial data out of the hands of cybercriminals. |
What makes a financial advisor trustworthy?
Trust is the key reason clients opt for one financial advisor over another. Here are some steps advisors can take to build a concrete relationship. |
Tony Robbins: Hidden fees are killing your retirement plans
Author and life coach Tony Robbins urges Americans to educate themselves about the fees they may be paying for portfolio management and retirement saving. |
5 steps to help investors get back into the market
Investors who have avoided the market or recently had a liquidity event may have some things in common regarding investing readiness — or lack thereof. |
In your 50s? You can still save for retirement
Even if you've never saved for retirement, entering your 50s offers certain opportunities you should seize to begin preparing for your golden years. |
Struggling consumers may be paying the wrong debt first
TransUnion found that many consumers prioritize paying personal loans. That might not be your best strategy. |
Frugal retirees ditch 4 percent rule, hoard savings instead
A new study finds that people become more pessimistic about their finances as they age and that they aren't spending as much as they could. |
These 'Golden Girls' want a roommate who helps pay the bills
Female single retirees are turning to each other as roommates in order to make ends meet as well as find companionship. |
Culture vs. regulations
"'In my experience on Wall Street ... there should never be a big, glaring conflict of interest between what's best for the firm and what's best for the firm's customers ... " |
 | Sharon Epperson | |  | Josh Brown | |
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