Millennials willing to tap retirement savings to cover basic expenses, study finds
While many Americans have little to no retirement savings at all, even young savers who do are perhaps too willing to draw from that stash to cover unrelated expenses.
While many Americans have little to no retirement savings at all, even young savers who do are perhaps too willing to draw from that stash to cover unrelated expenses.
Kohl’s offers double its regular military discount in honor of Veterans Day
Kohl’s is offering double its military discount for Veterans Day, increasing it from 15 percent to 30 percent.
Kohl’s is offering double its military discount for Veterans Day, increasing it from 15 percent to 30 percent.
Cuomo: Medicaid gap is a 'major problem'
Democratic Gov. Andrew Cuomo is calling ballooning Medicaid spending a "major problem" in New York.
Democratic Gov. Andrew Cuomo is calling ballooning Medicaid spending a "major problem" in New York.
Millennials will need to save at least 40 percent of their paychecks for retirement, financial expert says
Millennials who want to live off even half of their final salaries in retirement will need to save 40 percent of their paychecks over the next 30 years, according to an economics expert.
Millennials who want to live off even half of their final salaries in retirement will need to save 40 percent of their paychecks over the next 30 years, according to an economics expert.
Home for the holidays: An expert shares money-saving holiday travel tips
Many travelers looking to book for the holidays are often left wondering if they should book an early deal before Halloween or take a risk in hopes of scoring a last-minute deal.
Many travelers looking to book for the holidays are often left wondering if they should book an early deal before Halloween or take a risk in hopes of scoring a last-minute deal.
Should parents be helping out their adult children financially?
A recent study by the website 55Places.com says that nearly 40 percent of empty-nesters are still footing the bill for their adult children, from car insurance to mobile phone bills and more. Another study found that 15 percent of parents were willing to lower their own living standards to help their children out financially. But is it a good idea for parents to offer their adult children so much help with money? MORE: https://www.55places.com/blog/survey-reveals-empty-nesters-still-supporting-children-financially
A recent study by the website 55Places.com says that nearly 40 percent of empty-nesters are still footing the bill for their adult children, from car insurance to mobile phone bills and more. Another study found that 15 percent of parents were willing to lower their own living standards to help their children out financially. But is it a good idea for parents to offer their adult children so much help with money? MORE: https://www.55places.com/blog/survey-reveals-empty-nesters-still-supporting-children-financially
Lost and found on subway: $10,000
Last month, Aiya Tulemaganbetova left her purse on the subway. The bag was filled with $10,000 in cash. An honest man found the bag and turned it over to police.
Last month, Aiya Tulemaganbetova left her purse on the subway. The bag was filled with $10,000 in cash. An honest man found the bag and turned it over to police.
Managing your money the smart way
This is the time of year when resolutions are made and broken. And topping the list of resolutions for many of us is figuring out our finances.
This is the time of year when resolutions are made and broken. And topping the list of resolutions for many of us is figuring out our finances.
Transportation 'pink tax'
As women continue to fight for equal opportunities and equal pay, a new survey is highlighting another inequality: Women in New York tend to spend more than men on transportation. In an online survey, the NYU Rudin Center for Transportation Policy and Management asked 547 men and women 33 questions about travel habits, costs of commutes, if they've been harassed on public transit, and if safety concerns impact what type of transportation they use.
As women continue to fight for equal opportunities and equal pay, a new survey is highlighting another inequality: Women in New York tend to spend more than men on transportation. In an online survey, the NYU Rudin Center for Transportation Policy and Management asked 547 men and women 33 questions about travel habits, costs of commutes, if they've been harassed on public transit, and if safety concerns impact what type of transportation they use.
Dollar bills on highway leads to crash, chaos
Video courtesy Sabrina Quagliozzi @squagliozzi
Video courtesy Sabrina Quagliozzi @squagliozzi
Controversy over cashless businesses
New York City Councilman Ritchie Torres wants to propose a bill to mandate all New York City businesses accept cash, in addition to whatever other means of payment they wish to allow. Whether intentional or inadvertent, Torres argued that businesses accepting only credit or debit disproportionately deny service to this city's most vulnerable people.
New York City Councilman Ritchie Torres wants to propose a bill to mandate all New York City businesses accept cash, in addition to whatever other means of payment they wish to allow. Whether intentional or inadvertent, Torres argued that businesses accepting only credit or debit disproportionately deny service to this city's most vulnerable people.
Taking control of your money
For about 10 years, the New York City Department Of Consumer Affairs has been offering free financial counseling through more than 20 financial empowerment centers in the city. The counselors are trained professionals that work one-on-one with individuals and help them tackle debt, improve their credit, create a budget, open a bank account, save and plan for the future, and more.
For about 10 years, the New York City Department Of Consumer Affairs has been offering free financial counseling through more than 20 financial empowerment centers in the city. The counselors are trained professionals that work one-on-one with individuals and help them tackle debt, improve their credit, create a budget, open a bank account, save and plan for the future, and more.
Rebecca Walser's wealth tips
Here are some personal finance tips from Rebecca Walser, the author of "Wealth Unbroken: Growing Wealth Uninterrupted by Market Crashes, Taxes, and Even Death." Walser is a tax attorney and a financial consultant.
Here are some personal finance tips from Rebecca Walser, the author of "Wealth Unbroken: Growing Wealth Uninterrupted by Market Crashes, Taxes, and Even Death." Walser is a tax attorney and a financial consultant.
Report: Fred Trump gave his kids millions
The New York Times reported Tuesday that President Donald Trump received at least $413 million from his father over the decades, much of that through dubious tax dodges, including outright fraud.
The New York Times reported Tuesday that President Donald Trump received at least $413 million from his father over the decades, much of that through dubious tax dodges, including outright fraud.
Workplace title promotions
Getting a promotion at work is usually something to be happy about. A new job title usually means more money, but sometimes that's not the case. What if you were offered a promotion without a pay raise? A recent study found that bosses are offering their employees promotions without more money at nearly twice the rate they did seven years ago.
Getting a promotion at work is usually something to be happy about. A new job title usually means more money, but sometimes that's not the case. What if you were offered a promotion without a pay raise? A recent study found that bosses are offering their employees promotions without more money at nearly twice the rate they did seven years ago.
'Money Diaries' become a book
Cocaine on a Tinder date? You'll read about that in Refinery29's Money Diaries, a daily financial column where millennial women track their spending over seven days and share details about their rent, 401(k) accounts, salaries, and dating habits.
Cocaine on a Tinder date? You'll read about that in Refinery29's Money Diaries, a daily financial column where millennial women track their spending over seven days and share details about their rent, 401(k) accounts, salaries, and dating habits.
Water bills spike
New York American Water Company is in hot water after hundreds of complaints from ratepayers on the south shore of Long Island. Residents and lawmakers held a meeting with the water company Thursday night. They're pressing the state's Public Service Commission to further investigate the sudden spike.
New York American Water Company is in hot water after hundreds of complaints from ratepayers on the south shore of Long Island. Residents and lawmakers held a meeting with the water company Thursday night. They're pressing the state's Public Service Commission to further investigate the sudden spike.
Marriage and money
New love is such an amazing time to talk about feelings. But marriage and money don't always add up. Certified financial planner Lisa Leslie urges couples to talk about their money and spending values before the vows.
New love is such an amazing time to talk about feelings. But marriage and money don't always add up. Certified financial planner Lisa Leslie urges couples to talk about their money and spending values before the vows.
Collecting Social Security benefits
Sooner or later, all of us will retire and start collecting Social Security benefits. The challenge is deciding when.
Sooner or later, all of us will retire and start collecting Social Security benefits. The challenge is deciding when.
Saving on gasoline
Gas prices peaked a couple of weeks ago at prices not seen since 2014, according to AAA. But to offset the cost, some Long Island gas stations are getting savvy when it comes to competing for customers. While the street sign in Hicksville advertises about $3 per gallon for regular, drivers with the GetUpside app can claim exclusive offers to receive up to 25 cents cash back per gallon.
Gas prices peaked a couple of weeks ago at prices not seen since 2014, according to AAA. But to offset the cost, some Long Island gas stations are getting savvy when it comes to competing for customers. While the street sign in Hicksville advertises about $3 per gallon for regular, drivers with the GetUpside app can claim exclusive offers to receive up to 25 cents cash back per gallon.