Financial News from US News & World Report

  • 10 Strategies from Super-Saver Shoppers US News - 12 hours ago

    Bloggers Joshua Rodriguez, Larry Bills, Laura Harders, John Schmoll, Stefanie O'Connell and Lisa Koivu contributed to the following list of 10 action items that will help cut your costs. Take care of your ventilation systems. Install a programmable thermostat. Installing a programmable thermostat can save the average homeowner as much as $180 a year if used correctly, according to the Environmental Protection Agency.

  • How to Avoid Buyer's Remorse US News - 13 hours ago

    When Consha Griffin, 29, first spotted the black, tan and red Gucci handbag she would eventually decide to purchase, she mulled over the decision with her husband. "I give a lot of financial advice to friends, and I didn't want to be the person handing out financial advice and carrying such an expensive bag," she says. Still, after gazing longingly at the bag on the Gucci website for six months, she decided to buy it. Buyer's remorse, especially for high-ticket items, happens all the time, and it makes everyone involved unhappy: Customers regret their purchases and wish they had their money back.

  • The Ultimate Interview Prep Checklist US News - 18 hours ago

    There is nothing more exciting or nerve-wracking than hearing you've been invited for an interview . Congratulations, all your hard work has paid off. But your hard work isn't over yet. There are a number ...

  • 5 Reasons to Save for Retirement in a Roth 401(k) US News - 18 hours ago

    Aon surveyed 400 employers covering 10 million employees in 2013 and found that half now offer a Roth 401(k) plan. Here are some of the benefits of saving for retirement in a Roth account: Having a tax-free account in addition to your pre-tax savings gives you more options to reduce taxes in retirement. In fact, your taxes in retirement can actually be more complicated than in the years when you were working.

  • 3 Ways to Save Money on Baby Food US News - 19 hours ago

    Baby food jars and pouches can run $1 or more each, and your little one is likely to eat at least a few daily. In fact, according to the book Baby Bargains, the average baby eats 600 jars of baby food. In addition, homemade baby food is often not without its own expenses too, such as the costs of baby food processers, fancy freezer trays, special reusable food pouches and cookbooks galore, not to mention ingredient costs. The good news is that there are additional simple strategies you can employ to cut the costs of baby and toddler food.

  • Tips for Turning a Dream Idea Into a Business Reality US News - 19 hours ago

    Teneshia Warner, founder, CEO and chief creative officer of Egami Consulting Group, a marketing firm specializing in linking brands to urban consumers, did just that when she left her role at IBM to pursue her goal of serving as Russell Simmons' mentee. Warner's firm organized The Dream Project, a one-day conference in Atlanta to bring together a "generation of dreamers" and inspire entrepreneurs to achieve their goals. Kevin Liles, currently founder and CEO of the artist management company KWL Enterprises, rose from an unpaid intern to president of Def Jam Music Group in seven years. Lisa Price, founder of the beauty and skin care product company Carol's Daughter, said she believes entrepreneurs must discover what they are actually capable of doing.

  • 8 Ways to Get Free Kindle Books US News - 19 hours ago

    I was a longtime Kindle holdout. I liked the feel of turning an actual page and the smell of old books, as I told anyone who would ask why I had not yet invested in an e-reader. Eventually, though, I caved, ...

  • 8 Ways to Be a More Empowered Consumer US News - 20 hours ago

    Social media, shopping apps and daily deal sites have made it easy for the average consumer to secure great deals on big-ticket items and comparison shop with just a few clicks. Many daily deal sites are expanding their options to include goods and products you might find in mail-order catalogs or on infomercials.

  • Do You Spend Too Much? US News - Wed, Apr 23, 2014 2:30 AM AEST

    While research suggests that 2 to 5 percent of Americans struggle with a shopping addiction, many more suffer from mild forms of overspending. Forcing yourself to use cash only can make it easier to stick to a weekly budget.

  • 10 Ways to Make the Most of Take Our Daughters and Sons to Work Day US News - Wed, Apr 23, 2014 12:50 AM AEST

    Originally called the Take Our Daughters to Work Program and founded by Gloria Steinem and the Ms. Foundation for Women in 1993, it expanded to include boys in 2003. She coaches college grads individually with an intense Job Search Boot Camp, writes and edits the MediaJobsDaily blog on Mediabistro, and conducts interviews as a freelance journalist with celebrities and notable names.

  • Don't Fret About Those 'Flash Boys,' Cautious Investors US News - Wed, Apr 23, 2014 12:41 AM AEST

    At the onset, I want to applaud the efforts of Michael Lewis, author of "Flash Boys," a recently published book on high-frequency trading, and Brad Katsuyama, president and CEO of the IEX exchange, as well as the institutions and regulators working to expose problems with trading in our country. They select funds, both active as well as index, and exchange-traded funds run by reputable fund companies that practice a buy and hold strategy in order to capture the long-term growth of markets, decrease portfolio volatility and keep transaction costs for their investors to a minimum. As I mention in my new book, "The Safe Investor," it is important to look at the total cost of trading, buying and selling public securities, in the context of history as well as the cost of buying and selling most other products in today's economy. In the 1970s and 1980s, the spreads between the bid and offer of a typical stock often could exceed 5 percent of the total stock price.

  • 3 Places to Find Job Postings on LinkedIn US News - Tue, Apr 22, 2014 11:55 PM AEST

    Over the course of the last few years, the value of traditional job boards has declined, while LinkedIn is now often thought of as THE place to go to find a job. LinkedIn has made the whole process social and interactive. There are numerous ways to use this social networking site to be seen and gain business intelligence. Unfortunately, LinkedIn discontinued its signal functionality, which used to allow you to search this feed for items posted within the last two weeks.

  • 5 Children's Books That Teach Good Money Lessons to Your Kids US News - Tue, Apr 22, 2014 11:41 PM AEST

    As a proud parent of three children, I've read many, many, many children's books over the last decade. "The Lemonade War" teaches the basics of entrepreneurship, planning and money management in the context of an enjoyable adventure story that hits upon the lives of upper elementary children.

  • Budget-Friendly Ideas for the Single Traveler US News - Tue, Apr 22, 2014 11:26 PM AEST Going to and from your destination spot can be very expensive and hitching a ride off the road is probably too risky to even try, so how about buying a seat from a traveler who is also driving to your destination? Once you type in your destination and dates, you can see if any driver is traveling to the same place. If you don't find anyone traveling to your destination, you can be the driver and sell seats in your car -- that way you can cut gas costs both ways.

  • 10 Things to Do With Your Tax Refund US News - Tue, Apr 22, 2014 10:38 PM AEST

    The Internal Revenue Service has paid out more than 85 million refunds as of April 11, with each refund averaging more than $2,700. If you've received a refund or are expecting one, you have many options ...

  • 11 Keys to a Successful Property Purchase Overseas US News - Tue, Apr 22, 2014 5:07 AM AEST

    The real estate agents you encounter may not be licensed, and they may have little relevant experience. I use those two examples in particular because I've known real estate agents in overseas property markets who formerly held these positions in the United States. The real estate agent you decide to work with probably won't really be working for you. In nearly all property markets outside the United States, you'll find no multiple listing service and no tradition of shared listings.

  • Strategies for Keeping Your Basement Flood-Free US News - Tue, Apr 22, 2014 1:45 AM AEST

    If the power goes out, say, in the middle of the night during a lightning storm, and the sump pump stops pumping out excess groundwater -- by morning, you may find your finished basement looking decidedly unfinished. If your gutters are clogged or loose, and the water isn't draining out properly, that, too, can result in leaking into your basement. Will Southcombe is the director of training and technical services for PuroClean, a national property damage restoration company, and he has seen basements flooded to the ceiling -- and then some. "To clean, sanitize and decontaminate a basement, it could easily run in the $7,000 to $10,000 range," Southcombe says, referring to a basement with far more than two or three inches of water.

  • 9 Ways to Make Your New Boss Regret Hiring You US News - Tue, Apr 22, 2014 12:15 AM AEST
    9 Ways to Make Your New Boss Regret Hiring You

    How you handle your first few weeks on the job can set the tone for your relationship with your boss throughout your entire stay at your new company. Handle yourself well, and you can quickly start to ...

  • What Tax Documents Should You Keep? US News - Mon, Apr 21, 2014 11:28 PM AEST

    Staying organized even after your taxes have been filed will make your life a lot easier in the future -- especially when life events like buying a home or refinancing your mortgage require you to show past tax returns, W-2s and other tax-related documents. The Internal Revenue Service recommends taxpayers keep their returns and any supporting documentation for three years after the date of filing; Here are a few simple tips to help you stay organized and understand which tax documents you should keep on file and for how long. The best way to start your list is by reading through your tax returns from the previous years -- taking into account how you filed, which deductions you took and which documents were necessary.

  • 4 Reasons to Freeze Fruit and Save US News - Mon, Apr 21, 2014 11:02 PM AEST

    It helps cut back on food spoilage. Once you know how to reduce that, you can reduce the amount of food your throw out and save money by actually using what you bought.

  • 4 Ways to Get Fit For Less This Spring US News - Mon, Apr 21, 2014 11:01 PM AEST

    An expensive gym membership to a private, upscale health club is no longer necessary to consistently work up a hearty sweat. Some community centers even offer workout classes like yoga, dance or running or walking clubs for free, all of which are an excellent and cost-effective way to workout.

  • 5 Ways to Put Financial Advice Into Practice US News - Mon, Apr 21, 2014 10:47 PM AEST
    5 Ways to Put Financial Advice Into Practice

    April is financial literacy month, and there is all sorts of advice out there on how to take control of your financial life. NerdWallet creates tools and resources that empower consumers to make smarter financial decisions, offering everything from a credit card comparison to a cost of living calculator.

  • 5 Ways to Get Insurance on Your Fixer-Upper Home US News - Sun, Apr 20, 2014 11:05 PM AEST

    Buying a fixer-upper can be great -- you can get the house you want for a little less, and it comes with all the charm and history of an older home. Plus, some things about a fixer-upper are just more difficult. Let's leave the buying process to your mortgage lender, and just talk about how to get insurance on that fixer-upper. You can do this, too, with insurance on your fixer-upper.

  • 13 Tips for Sniffing Out the Best Deals on Hotel Rooms US News - Sat, Apr 19, 2014 12:55 AM AEST

    What everyone wants to hear is that there are one or two apps or websites that will always find you the best deal on hotel rooms. The reason for this lack of consistency is hotels are always in flux. The price of hotel rooms changes daily, often times hourly, based on demand. "This drives techo-babble people crazy," says Tim Leffel, author of "Make Your Travel Dollars Worth a Fortune" and editor of Hotel Scoop, a lodging review website.

  • 5 Mistakes You're Making on Video Interviews -- And How to Fix Them US News - Fri, Apr 18, 2014 11:30 PM AEST
    5 Mistakes You're Making on Video Interviews -- And How to Fix Them

    Now that more than half of hiring managers are using video to interview potential job candidates -- according to a 2012 Office Team survey -- there's a good chance you'll end up being interviewed virtually for your next job. Not taking it as seriously as a traditional interview. After all, you don't have the benefit of that face-to-face, in-person contact that can really help you build rapport with an interviewer. It's more necessary to wow the interviewer virtually.

  • How to Protect Your Home From Pests US News - Fri, Apr 18, 2014 11:20 PM AEST
    How to Protect Your Home From Pests

    When Pablo Solomon, an artist and sculptor in Austin, Texas, and his wife moved into their home, which was built in 1856, they knew they would need to fix it up. They ate through the siding, giving them access to the home.

  • How Much Are You Paying to Procrastinate? US News - Fri, Apr 18, 2014 11:14 PM AEST

    When you wait until the last minute to run an errand or plan a purchase, you give up your power as a savvy shopper. Without the luxury of time to mull over purchases, search for discounts and comparison ...

  • Have You Saved Enough to Retire? US News - Fri, Apr 18, 2014 10:43 PM AEST

    According to Fidelity, you will need to put aside eight times your ending salary if you hope to fund your lifestyle for a 25-year retirement. More than one-third (36 percent) of people over age 55 haven't saved more than $10,000 for their second act, according to a 2013 report from the Employee Benefit Research Institute. What retirement will look like varies depending on individual preferences. If you are 55 and have $10,000 saved for retirement, chances are you will not come close to saving eight times your ending salary unless you win the lottery.

  • 4 Credit Card Perks That Protect Your Purchases US News - Fri, Apr 18, 2014 10:35 PM AEST

    Credit cards may be called out for causing overspending and large amounts of debt, especially during the holiday and summer seasons when gift shopping and travel are at their peaks. But some complimentary credit card benefits can actually end up saving you money. Extended warranties promise to cover a purchase beyond its standard manufacturer warranty. Unfortunately, extended warranties tend to be extremely costly -- the more expensive the item, the more expensive the extended warranty.

  • A Guide to Reverse Mortgages US News - Fri, Apr 18, 2014 3:55 AM AEST

    In recent years, questions about reverse mortgages, and whether or not they are a practical way to supplement retirement income, have become more frequent. What is a reverse mortgage? There are three kinds of reverse mortgages. For example, money from a single purpose reverse mortgage could only be used to cover property expenses, including repairs, energy efficient improvements, taxes and insurance.

  • Petra Nemcova's Tips for Building a Successful Professional Life US News - Fri, Apr 18, 2014 12:50 AM AEST

    Petra Nemcova, model, host and philanthropist, is a master of transformation, both professionally and personally. She was recently honored at the LinkedIn Discussion Series in New York City, where she shared many powerful tips for reinvention, and discussed topics such as building your professional brand, motivation, mentorship and change. By wearing various professional hats, Nemcova is now able to offer career advice that's applicable to nearly any career stage and industry. Nemcova was on vacation in Thailand in December 2004 when the tsunami hit.

  • The Psychology of Being Fired US News - Fri, Apr 18, 2014 12:25 AM AEST

    Sherrie Bourg Carter, psychologist and author of "High-Octane Women: How Superachievers Can Avoid Burnout, " says people truss their occupations to their identity. Because of this, common emotions that surround losing a job -- either from being fired or laid off -- mirror the grief experienced when losing a loved one. "Most people report feeling a whirlwind of emotions, but the most typical are denial, shock, sadness, anxiety and anger," she says. Feeling embarrassed is also normal, but it's usually tied with those who were terminated for performance reasons, says Jaime Klein, founder of Inspire Human Resources, a New York City-based outsourced HR department.

  • The Secret to a Successful Interview: Great Storytelling US News - Fri, Apr 18, 2014 12:05 AM AEST

    To succeed at this, you need to be knowledgeable about the company, the boss' challenges and the desired profile for the ideal candidate -- before you walk in the door. In a TED Talk, Andrew Stanton, a filmmaker who cowrote the "Toy Story" movies, says that a great story comes from using what you know, capturing a truth from experiencing it and from expressing values you feel deeply. Here's how you can apply his five tips for storytelling to improve your interviewing skills.

  • How to Make Tried-and-True Networking Tactics Work for You US News - Thu, Apr 17, 2014 11:35 PM AEST

    Networking is a dirty word to most people, but it's so important to your job search. Nowadays, many people think exclusively about online networking, but traditional, face-to-face networking is still the most effective way to land a new job.

  • Why Your Vacation Home May Not Be Your Retirement Home US News - Thu, Apr 17, 2014 11:35 PM AEST

    It's called retirement, and if you buy a house right here, right now, this charmed moment will last forever. Not quite, seasoned real estate agents say. Take off the vacation goggles before you start seriously pursuing a home purchase in a locale you love to visit, advises Sheelah Clarkson, a partner with the Sheelah Clarkson Asheville Real Estate Agency in Asheville, N.C. "Enjoy the vacation, but do the research when you plan to be there permanently," she says. The National Association of Realtors' latest figures indicate that vacation home sales rocketed 29.7 percent last year over 2012, to 717,000 purchases.