2016-03-19



Here is the latest news in Personal Finance from CNBC.

Would you pull a #familyfirst?

Former White Sox player Adam LaRoche isn’t the only professional putting his children first these days.

Why you didn’t get that raise

How can you behave better and boost your standing at work? Start here.

Public pension promises exceed ability to pay: Study

A Citigroup report on 20 nations said pension obligations, much of them unfunded, amounted to nearly twice the countries’ total national debt.

Here’s where the world’s biggest property booms are

Australasia housing prices rose the most in 2015 as Australia and New Zealand saw climbs exceeding 10 percent, Knight Frank said.

Deciding where to retire? Read this

Find the best states to retire in, based on categories such as health care, crime, cost of living, taxes and weather.

Love can lead to bad spending decisions

Consumers are less likely to use smart shopping tactics for weddings, funerals and other emotionally charged events.

3 ways to keep from going broke in retirement

Two-thirds of retirement-plan participants fear outliving their savings, but three steps can stack odds in their favor.

Rich countries have a $78 trillion pension problem

Dreams of lengthy cruises and beach life may be just that, with 20 of the world’s biggest countries facing a $78 trillion pension shortfall, Citi said.

Fed policy has cost savers $7.5 billion: Study

The past 10 years have been very good for investors, but not so much for savers.

SEC fines AIG advisors $9.5 million

Three AIG advisory firms have settled charges by the SEC that they levied unnecessary fees on mutual fund clients.

How ‘animal spirits’ are looking a little tame

Despite action by the ECB, appetite for risk has diminished and investors are looking cautious, say industry experts.

America’s looming retirement crisis

Blackstone’s president and a New School economist say it’s time to take this looming retirement crisis seriously.

Doing this with your family can save your family business

Given that a small percent of family businesses survive two generations, owners need to train their heirs in financial literacy early on.

Are money woes stressing your relationship?

You don’t have to live in a state of money madness. Here’s how to get your financial house in order.

Millennials, listen up: Guide to more $ in 2016

Millennials have lofty financial goals for this year. Here’s how to start checking them off.

This guy failed (hard) so you don’t have to

After his first venture failed, Nihal Mehta used the lessons he learned to become a successful entrepreneur.

Learning to code? You’re on to something

These jobs are well known for their hefty paychecks and growth opportunities.

Alaska’s schools face cuts over oil collapse

The University of Alaska may cut up to 8 percent of its staff because of a budget deficit, The New York Times reports.

How to beat the spike in gas prices

National gas prices are now averaging $1.94 per gallon, up about 13 cents since last week and 24 cents more than a month ago.

Goldman acquires online retirement benefits company

The Investment Management Division of Goldman Sachs has agreed to acquire Honest Dollar, a retirement savings platform.

Think your commute is bad? Not so fast

Even without a strike, New York City area commuters have one of the worst travel times in the country.

How to pay for long-term care

Most Americans will need long-term care someday and few have a plan for how to pay for it.

How to spot problem charities

Problems at the Wounded Warrior Project charity highlight the need to vet your charity. Here’s how to find the best ones.

Tax scammers new target? Your medical records

Cybercriminals are buying medical records on the dark Web to file fraudulent tax returns.

USF president: Student-debt crisis is real

University of South Florida President Judy Genshaft discusses the state of student debt and how students can ease this burden.

Spate of student suicides worries Hong Kong authorities

Hong Kong has pledged better psychological services for schools after four students committed suicide in just five days.

Seniors face Medicare drug cost-sharing shift

Most Medicare Part D plan drugs are now subject to coinsurance payments by customers.

How to trim those funeral costs by half

Shopping around for funeral costs hasn’t been easy, but a new website helps consumers compare prices.

Checking account fees may take all your money

Fees on checking accounts have risen steadily over the last several years, but there is a way around many of them.

Here’s Europe’s best value for money colleges

A new study ranking the top 200 institutions in Europe reveals which colleges offer students both the best tuition as well as the best deals.

Banks giving customers credit score access for free

It might be the most important piece of financial information about you — and it’s getting easier to access to it due to a FICO initiative.

Expert: Student debt crisis has been ‘overblown’

An American Enterprise Institute staffer said it’s not clear that student loan debt has been a drag on the economy.

Why retiring Baby Boomers might want to downsize

If you’re serious about cutting expenses, the most obvious place to look for savings is your home, USA TODAY reports.

How jobless students could get their money back

Post-graduate students are no longer just hoping to get a job after university but many are expecting it.

Beware this phishing email tax scam from ‘the boss’

Scammers are pretending to be top company executives asking employees for their tax documents, USA TODAY reports.

Want a lower credit card interest rate? Just ask

Getting lower credit card rates and waived fees may be as simple as asking.

Most and least expensive states for car insurance

The best and worst places to find affordable auto insurance.

Aging baby boomers, millennials hit US growth: S&P

Baby boomers and millennials are capping growth in the world’s biggest economy, Standard & Poor’s said on Wednesday.

The highest-paying jobs in America

Many of the jobs on this year’s list require an advanced degree, but not all. See which careers made the top 10.

Credit card debt surges to Great Recession levels

America’s outstanding credit card debt surpassed estimates in 2015, climbing to $917.7 billion, up from a forecast of $900 billion.

The millennial hustle: Working side jobs

It’s not uncommon for millennials to have a side job to earn a little extra money, but balance is key.

Five steps to happy house hunting

Follow these steps to make sure your hunt goes smoothly.

Money lessons from the Bank of Mom and Dad

Kids are getting more financial literacy in schools, but money lessons start at home. How to prepare a money-smart child.

Flyers like these customer friendly airports

Which of the world’s airports come out on top in consumer surveys?

Untying the knot via your mobile phone

Tinder helps you hook up, and a slew of new divorce sites help you split up.

Is this the most expensive college in America?

The University of Southern California joins the growing list of colleges and universities with tuitions above $50,000.

Here’s who millennials choose to manage their money

Millennials are using robo-advisers to handle their investments in lieu of traditional wealth advisers.

Finally, job market is hot for millennials

Millennials stand to benefit from a tightening jobs market, says Robert J. LaBombard. Here are his best tips for job-hunting college grads.

How to close the skills gap

Here are three ways to close the skills gap in the U.S., says Steve Odland, the CEO of Office Depot and AutoZone.

Fired advisors remain in the business

New research finds that a high percentage of advisors fired for misconduct get another job in the industry.

Forget blenders: They really want honeymoon cash

One website that helps couples raise honeymoon cash raised $90 million last year — a 50 percent jump from the previous year.

‘Extraordinary’ death rates boosting this firm

British funeral firm Dignity reported a spike in profits Wednesday after an “almost unprecedented” rise in U.K. deaths last year at rates not seen since 1952.

You saved and saved. Here’s how to spend it

Nearly two-thirds of pre-retirees don’t have a retirement spending plan. Don’t make that mistake.

The dos and don’ts of retirement encore careers

Encore careers can be highly satisfying, but retirees must do it for the right reasons and avoid some major mistakes.

Best and worst cities at money management

Analysts at WalletHub compared 2,570 cities to put together a list of 2016’s best and worst cities at money management.

NY court revives Trump University fraud claim

A New York appeals court revived a fraud claim brought against Trump University, a for-profit investment program.

These are the best and worst states to retire in

Bankrate examined a number of measures to determine its latest ranking of the best and worst states for retirees.

Stairway to tax heaven

Doing taxes is rarely fun. CNBC Senior Personal Finance Correspondent Sharon Epperson has five tips to jump-start the process.

10 safe havens during the market ‘death spiral’

CNBC highlights the markets, currencies and securities that have performed well since the start of the year. Some might surprise you.

Computing Leap Day’s economic benefits (and costs)

Leap Day is an extra day to the economy, but how much does it cost versus add income?

Online tax sites may fall short in security: Study

Forty-six percent of tax software websites in an IRS program don’t follow best practices for security and consumer protection.

How to milk a city travel pass for all its worth

Passes offer good discounts, but travelers need to do their homework to get the best deals.

Are taxpayers hoarding their IRS refunds?

Taxpayers plan to save the cash they get back from the IRS instead of spending it.

4 career secrets you didn’t learn in school

Not everything you need to know to climb the corporate ladder is taught in the classroom. Here are four crucial tips.

Financial advisors help close the wealth gap

Ensuring a secure retirement is a struggle for many Americans, but the problem is much more acute for blacks than whites.

Lenders won’t stalk you on Facebook anymore

It turns out that social media patterns aren’t great at predicting a person’s creditworthiness, the WSJ reports.

What happens when your 401(k) is too big

Millions of Americans struggle to save in their 401(k)s, but there’s a hidden danger: having too much in the accounts.

Take a bite out of your dental bills

Medicare does not cover most dental expenses, and they can really add up. The good news is, there are ways to save.

Most/least expensive cars to insure in 2016

Speed versus safety — not sticker price — shape these vehicles’ premium rates, an annual Insure.com study reveals.

A big rip-off: Women paid less, pay more to shop

The gender gap isn’t limited to women getting paid less by employers. Women shoppers pay more for many products.

Nike co-founder gives $400 million to Stanford

Phil Knight, co-founder of Nike, graduated from Stanford with an MBA in 1962 and is now worth $25.7 billion.

Do not panic! 10 ways to invest for long term

Financial advisors share the 10 most effective strategies investors can adopt to reach long-term investment goals.

The costly tax mistakes most people make

Many filers leave money on the table by not claiming all their credits and deductions. What you should know before Tax Day.

MasterCard to replace passwords with selfies

MasterCard customers will soon be able to replace their passwords with a “selfie” and a fingerprints to verify their identity.

Made $1 million last year? How to avoid an audit

Of tax returns filed with a reported income of $1 million or more, 9.55 percent were audited or examined in 2015.

Are you leaving tax credits on the table?

Only a small minority of eligible taxpayers are aware of this key retirement-related tax benefit.

Is it time for millennials to buy a home?

If you are a millennial debating whether to buy a home, now may be a particularly good time.

Over 50 with little saved? What you can do

Men retire at 64 and women at 62, so 50-somethings falling short must get serious about growing their nest eggs.

Group aims to fix long-term care before too late

A new proposal calls for a universal insurance program to help finance long-term care support and services for the elderly.

Secrets of those Social Security benefit statements

Social Security benefit statements tell you what’s coming your way, but their scope is limited.

Apps to avoid the pain of a doctor’s office wait

New telehealth apps offer round-the-clock access to doctors and therapists. Are they healthy for your wallet, too?

The American city with a $5.7B pension crisis

It has been branded one of the worst-funded pension funds in the U.S. The Financial Times reports.

$900 to eat bananas? No…really

Iowa State University researchers are conducting a study in which a dozen students will be paid to eat GMO bananas.

No, Mom, Twitter isn’t just for stalkers

Social media isn’t just an episode of CSI with selfies and stalkers, says college student Haylee Millikan. A lot of good can come from it.

Facebook? Snapchat? What’s hot on campus?

What social media platforms do college students use most? Are any “dead” to them? Check out CNBC’s social media on campus series.

When it’s time to cheat on your credit card

Staying faithful to one credit card for too long has drawbacks.

Why the FBI isn’t your biggest mobile worry

There are bigger worries for your mobile phone’s security than the FBI. Here’s how you can keep your phone data secure.

No retirement plan at work? Here’s what to do

Not everyone has a retirement savings plan awaiting them at work, but other options can be just as effective.

Crowdfunding for Kanye’s debt raises a meager…

A new crowdfunding page is asking fans for cash in an effort to cover Kanye West’s alleged $53 million debt.

Afraid of a tax audit? Avoid these 10 triggers

A look at 10 reasons the IRS decides to audit taxpayers, from clerical errors to undeclared foreign income.

Kanye West drops new album, claims $53M in debt

Kanye West revealed on Twitter that he was burdened with more than $50 million of debt.

Senior living: Will you retire as a renter?

More and more, people heading for retirement are renting homes instead of owning. Here’s why.

Who says Valentine’s Day is dead?

Who says romance is dead? St. Valentine’s Day is losing favour with couples as consumers plan to spend less this year.

11 ways Obama’s budget will help or hurt you

President Obama’s budget may not pass, but as proposed, it would have a big impact on your personal finances.

Millennials are failing to save for retirement

Millennials are failing to save money and put something aside because of the rising cost of living, according to experts.

What’s your magic retirement savings number?

Having 10 times your salary saved by age 67 can be hard, but setting decade-by-decade goals can help you reach that goal.

These were the highest paid MBAs in 2015

A list reveals the highest — and lowest — reported starting compensation for 2015 MBA graduates.

Why people stay in bad jobs

The reasons for staying can include both practical considerations and emotional reasons.

Visa shares pop 2% on earnings beat

Visa reported EPS of 69 cents a share, beating earnings expectations by a penny.

O Canada! Weak currency fuels inbound tourism

Because of currency fluctuations, now may be the perfect time to visit Canada.

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