MarkHatfield/Getty Images The first full week of April brings the arrival of The Masters Tournament in Augusta, Georgia, where thousands of golf enthusiasts will flock to attend one of the most famous sporting events in the world. Any other week of the year, Augusta is a fairly quiet Southern town,…
Jonathan and Jacqueline Sanchez didn’t grow up learning about money. But now, at ages 41 and 42, they’ve built a million-dollar net worth and are making sure their two kids have a financial head start most adults never get. The couple built their wealth through a strategic mix of real…
If you regularly work from home as a freelancer or small-business owner, you may qualify for the home office deduction to reduce your taxes. But there are specific rules for who qualifies and what work spaces are covered. And keep in mind that if you’re an employee, you can’t claim…
JGI/Tom Grill/ Getty Images; Illustration by Austin Courregé/Bankrate Key takeaways The Chase Freedom Unlimited® and Capital One Quicksilver Cash Rewards Credit Card are no-annual-fee cash back cards that would suit many lifestyles and wallets. Both cards play well within their issuer’s respective rewards programs, meaning whichever rewards cards you already…
Trending
Spotlight This Week
More Articles
Personal Finance
While there has been much conversation on not buying from companies with poor diversity, little has been said about investing…
Lifestyle inflation occurs when your expenses increase as you earn more income. It can start subtly—dining at pricier restaurants, upgrading…
Chime, the largest digital bank in America, grew its revenue to $1.7 billion in 2024, an increase of roughly 30%…
Technology has transformed some parts of the daunting homebuying process–making it easier to search and compare properties online, to prepare…
Featured Articles
Key takeaways Timing the market most commonly refers to buying securities when the price is low and selling them when the price is high. Trying to time the market can be tempting because it might seem like you can make a lot of money, but…
Dept Managmnt
Justin Paget/Getty Images Key takeaways Loan insurance could help you pay for some or all of your personal loan in certain hardship situations,…
Banking
Apple, FedEx and Oracle all got loans guaranteed by the Small Business Administration. But rules and red tape keep many banks from making…
Credit Cards
All News
Key takeaways HELOC applications require a hard credit pull, which temporarily lowers your credit score. Closing a HELOC and carrying a big debt balance could lower your credit score, depending on how your lender reports your line of credit to credit bureaus. Using HELOC funds to pay off other, higher-interest…
Tesla (TSLA) just reported its first-quarter sales, and the company missed analysts’ estimate for deliveries by nearly 14 percent. It was the lowest total number of deliveries since the second quarter of 2022 for the electric vehicle specialist — and more disappointment may be on the way. Tesla has faced…
The United States has the most roadways on the planet, with more than 4 million miles of open road. Across the 50 states, you can get virtually any type of driving experience: coastal highways, desert one-lanes, mountain roads, sprawling suburbs and bustling cities. However, some states offer more favorable driving…
Key takeaways Your 30s is a time to clarify your financial goals and start ramping up your savings, aiming to set aside 10-15 percent of your income. Choose the right tools — a workplace retirement plan and an IRA — to put your money to work. With decades until retirement…
Key takeaways If you have an existing VA loan, you can refinance it to get a better interest rate, change your loan term or tap into your home equity. To qualify for a VA mortgage refinance, you’ll need to meet specific service, income and credit score guidelines. The two primary…
Key takeaways The president can influence the stock market, but other factors can have a greater impact on share prices, such as consumer behavior, the Federal Reserve and global trade. President Donald Trump’s tariff announcements have been unpredictable and have negatively affected the stock market, at least temporarily. When stock…
MoMo Productions/Getty Images Key takeaways Almost all workplace 401(k) plans let workers save extra money for the future, so long as you meet age requirements. Those age 50 or older can contribute an extra $7,500 per year. And, starting this year, individuals aged 60-63 can now make “super catch-up” contributions…
Photography by Getty Images; Illustration by Bankrate Key takeaways Snow and ice are covered by home insurance in some instances, like if your roof collapses or a tree falls on your home. When it comes to roof leaks, it will depend on scenario specifics. Some snow-related roof leaks will be…
Key takeaways Both 401(k)s and 403(b)s are tax-advantaged retirement savings plans. While 401(k)s are offered to workers in for-profits companies, 403(b)s are for not-for-profit and government workers. Both plans are subject to the same annual contribution limits, though 403(b)s have a special provision for long-term employees. If you’re looking at…
Key takeaways The earlier in the year you can contribute to your IRA, the more time your money has to grow. Make sure you’re aware of IRA contribution deadlines. Consider your expenses and needs when deciding how to time your IRA contributions. Contributing to an individual retirement account (IRA) each…
Editor's Pick
