Personal Finance

Workers spend more time planning vacation than retirement

Many retirement savers spend more time researching which car to buy or where to go on their next vacation than they do investigating the investments in their 401(k), according to Charles Schwab survey.  More

The housing lottery game

The odds of finding a reasonably affordable place to live shouldn't rank on par with the odds of winning the lottery, but in many areas of the country, rents outpace incomes so quickly that the odds aren't in a lot of families' favor.  More

Have you ever taken a sabbatical?

Have you ever taken a sabbatical from work? Would you like to? Please let us know at #YourEconomy.  More

I'm 57 and owe $152,000 in student loans

Rosemary Anderson represents the 50-and-over crowd, who owns 17% of the $1.2 trillion outstanding student loan debt -- a 30% increase since 2005.  More

From snow shoveler to billionaire CEO

Leonard Schleifer's path to the top of the biotech world took decades of failure.  More

Fake IRS callers take $5 million from victims

The IRS says a phone scam has duped 1,100 victims out of $5 million.  More

How close are you to the top 1%?

Which tax bracket are you in based on your income?  More

A day in the life of an Afghan refugee

Originally from Afghanistan, Mohammadi Rahman, 30, is one of thousands of refugees who are forced to live in squalor as they wait for their immigration case to work through Hong Kong's immigration system.  More

Companies that treat workers well have better stock returns

A new research report concludes that employers that treat their workers well have better stock returns.  More

5 myths about buying a home

From bubble to bust, it's time to update some of the longstanding homebuying advice.  More

Are you a homebuying genius?

From mortgages to closing costs, test your knowledge of these homebuying essentials.  More

Big businesses fight for same-sex marriage

A patchwork of state laws is making it more complicated for many national companies to do business in states where same-sex marriage is not recognized.  More

Would you accept less pay for a higher 401(k) match?

Sure, they may not see the money for decades, but many workers say they are willing to accept a lower salary today if it means their employer will help them build a bigger nest egg for the future.  More

Look what you can buy for $200,000

The Class A shares of Warren Buffett's Berkshire Hathaway hit the $200,000 milestone Thursday.  More

Oil tycoon could face record divorce judgment

Harold Hamm, billionaire founder of oil firm Continental Resources, could face the largest divorce judgment in history.  More

$9 million claim against O.J. Simpson up for auction

Seventeen years after Ron Goldman's mother won a $9 million wrongful death judgment against O.J. Simpson, she is auctioning off the rights to the unpaid settlement.  More

Bet you can't get this car dirty

Nissan claims it has created the 'cleanest car' in the world with a new innovative paint technology. We put it to the test.  Play

Former James Bond now a financial advisor

Matthew Mancuso, a former intelligence officer, is launching a new career as a financial advisor at Wells Fargo.  More

Most expensive state to own a car: Wyoming

Wyoming tops the list because owners there drive more miles in a year than people in any other state, pushing up their gas costs.  More

Got medical debt? Your FICO credit score may go up

FICO, the nation's top credit score provider, is introducing a new scoring model this fall where medical debt in collections will have less of an impact on a consumer's credit score than it currently does.  More

31% of Americans have no retirement savings at all

It's no secret that many Americans aren't saving enough for retirement, but a big chunk of households have saved nothing at all.  More

Why your credit score might go up

A new FICO scoring model will put less weight on medical debt in collections. That means your credit score might go up if you have unpaid bills.  Play

Workers to see 3% pay hike next year

Employers expect to increase worker salaries by an average of 3% in 2015, only slightly better than the 2.9% hike they gave this year, according to human resources consulting firm Mercer.  More

Shoppers beware: Retail credit card APRs average 23%

Before you take the bait at checkout, think twice. Retail credit cards carry average APRs that are much higher than other cards, a new report finds.  More

My bank held my money hostage

Simple, an online bank, isn't fulfilling its "worry-free" promise: Some users couldn't perform any transactions for 24 hours.  More

5 big retirement mistakes

From leaving money on the table to paying high fees, here are five common retirement mistakes you should watch out for.  More

University president takes $90,000 pay cut to give 24 workers a raise

It will boost pay for 24 low wage workers on campus, including custodians, grounds keepers, and clerical workers. They will now earn $10.25 an hour, up from Kentucky's minimum wage of $7.25 an hour.  More

Want a cheap mortgage? Move to these states

Your credit score isn't the only thing determining whether or not you get a good rate on your mortgage. Where you live can also have a big impact.  More

You've been hacked! Here's what to do

Russian hackers have amassed a trove of 1.2 billion Internet user names and passwords. Here's what you need to do to protect yourself.  More

Big student loans? Consider life insurance

If you're taking out big student loans, it might make sense to purchase life insurance while you're at it.  More

Best cities for Millennial homebuyers

These Millennial hotspots offer strong job growth and affordable home prices, making them a great place for young adults to buy, according to a report from the National Association of Realtors.  More

Millennials' bad habits: Coffee, burgers and booze

Millennials are spending big money on coffee, alcohol and fast food. Here's where they're spending the most and how much, according to budgeting app Level Money.  More

Unlimited vacation days and other perks you don't get

Get paid to go on vacation, receive a couple of bonus weeks at the end of the year or take as much time as you need. Such vacation policies are more than a dream at some small, niche -- and often tech-based -- companies.  More

How to take a great (and cheap!) vacation

Traveling abroad for a long time doesn't have to cost you big bucks. Here's how you can afford the vacation of a lifetime.  More

Students and parents borrowing less to pay for college

While college costs and student loan bills have soared in the past decade, some students and their families are finding ways to spend (and borrow) less.  More

Ali's 'Fight of the Century' gloves fetch nearly $400K at auction

Anonymous bidder pays $388,375 for Ali's sweaty gloves from 1971 Frazier fight.  More

17,000% interest? Small purchases trigger big overdraft fees

Small debit card purchases are leading to big fees for customers who overdraw their bank accounts, a new report from the Consumer Financial Protection Bureau finds.  More

Grieving parents drowning in $200,000 student loan debt receive relief

The Mason family, which has been struggling to pay the $100,000 student loan bill they were left with when their daughter passed away five years ago, is now seeing an outpouring of support.  More

Sen. Warren cites CNNMoney story in hearing

In a Senate Banking Committee hearing on student loans, Massachusetts Senator Elizabeth Warren references a CNNMoney report about grieving parents getting stuck with their daughter's student loan debt after death.  Play

The 5 'worst' consumer complaints

From "grandparent scams" to fraudulent investments, schemes targeting the elderly are by far the worst, according to an annual survey from the Consumer Federation of America.  More

Grieving parents hit with $200,000 in student loans

Steve Mason, a pastor from California, inherited more than $100,000 in student loan debt when his 27-year-old daughter died suddenly in 2009. With interest and late penalties, the debt has since ballooned to $200,000.  More

'The best thing I ever bought for $1'

As dollar stores join forces, we asked readers to share their best-ever buys for a buck.  More

1 in 3 U.S. adults have 'debt in collections'

An estimated 77 million adults have become so delinquent on their non-mortgage debts that their accounts have been put in collections. The average amount owed: $5,200.  More

24 Hours with a Broadway actress

Ali Ewoldt has performed in Broadway musicals and TV shows. Her days consist of auditions, rehearsals, and being on stage in front of hundreds of people at a time. Here are journal entries from a day in her life.  More

Medicare's outlook improves as health spending slows

New annual report from U.S. government shows the long-term prognosis for Medicare has improved thanks to slower health spending, while the outlook for Social Security remains unchanged.  More

Zillow and Trulia: Two leading real estate sites combin

The two leading real estate websites combine.  More

America's disabled struggle to make ends meet

Americans with disabilities face huge financial hurdles and it starts early on, according to a recent report.  More

What it really takes to be a great boss

Managing other people is harder than it looks. While many bosses are well intentioned, most don't make the grade as truly great because they overlook some basic requirements in their interactions with employees and others in their company.  More

For sale: Town of Aladdin, Wyo., for $1.5 million

Want to own your own town? You can buy Aladdin, Wyo., for $1.5 million. The price tag includes a general store, post office, bar, a house and more.  More

Would-be giant in online house hunting has brokers scared

Zillow and Trulia -- the two biggest names in online house hunting -- may be teaming up, a pairing that is making some real estate brokers nervous.  More

Why your life insurance premiums may be so high

Just how much does your age, gender or smoking habit cost you when it comes to life insurance? InsuranceQuotes.com evaluated premiums for the top 25 carriers in the nation to find out.  More

Rotten bosses come in at least 6 different flavors

CNNMoney readers rip managers who micromanage to death, play favorites, throw their staff under the bus and steal credit for their work.  More

Chinese homebuyers are flocking to these U.S. states

Chinese buyers are now the biggest international players in the U.S. housing market and some states are seeing billions of dollars in real estate deals as a result.  More

Detroit retirees back pension cuts

Court documents show big support from Detroit employees and retirees for a turnaround plan that should help the city emerge quickly from bankruptcy.  More

Millennials love cash

Millennials are three times more likely to choose cash over stocks as a long-term investment.  More

What if you only worked 3 days a week?

Mexican billionaire Carlos Slim has proposed a 3-day work week. We asked New Yorkers what they thought.  Play

Retirement accounts hold record balances

IRAs climb more than 15% on an annual basis due to the rally in stocks.  More

Mansions for under $1 million

Mansions that would be very costly to build today are on the market around the country for well under $1 million each.  More

Non-bank loans: Quick, easy...and addictive?

Alternative lenders are gaining traction and handing out billions of dollars in loans to small business owners. But it could come at a cost.  More

Is this retirement move right for you?

Every year retirement savers transfer billions of dollars into Individual Retirement Accounts. But sometimes you're better off leaving your nest egg alone.  More

The financial nightmare of (mistakenly) being branded a terrorist

Americans who are mistakenly branded terrorists by the U.S. government are facing financial peril -- losing their jobs, getting their access to cash cut off and their credit destroyed.  More

Homeless valedictorian moves from shelter to Georgetown dorm

Follow 18-year-old Rashema Melson on her bittersweet departure from a D.C. homeless shelter to a Georgetown dorm.  More

'Illegal to be homeless' in growing number of cities

A growing number of cities across the country are making it essentially illegal to be homeless, a new report finds.  More

6 great American road trips

Planning to hit the road this summer instead of spending on pricey airfares? Take a grand tour of some of the best U.S. road trips, including the best roadside attractions you'll see on each and where to stay along the way.  More

24 hours with the CEO of Lyft

Running one of the hottest startups in Silicon Valley, Lyft co-founder and CEO Logan Green is never actually off duty.  More

Land Grab: Rich Chinese are snapping up America's real estate

The U.S. housing market seems to look a lot better from foreign shores. International buyers are snapping up U.S. homes.  More

Airlines' annoying fees add up to $31.5 billion

Airlines worldwide brought in $13.5 billion in revenue from fees last year, according to a new survey. That's more than 11 times their non-ticket revenue six years ago.  More

#Newjob selfies popular on Instagram

People are so happy about their #newjob that they are taking work selfies on their first day and posting them on Instagram.  More

Should you raid your retirement savings to slash debt?

If dipping into your 401(k) to finally pay off that pesky credit card bill sounds like a good idea, you should probably think twice.  More

Best places for vacation home deals

Whether you love golf, the water, the outdoors or theme parks, here are the best places to find a bargain.  More

JPMorgan exec loves getting his hands dirty

Bill Eigen oversees $38 billion in assets for JPMorgan. Some of his best investing insights come from what he learns at his side auto and truck repair business.  More

Chinese teens beat U.S. peers in money smarts

American high school students are less money smart than their peers in countries ranging from China to Estonia, according to an international report released Wednesday.  More

Wall Street's new happy hour: Liquid alts

Since the financial crisis, liquid alternatives have exploded on Wall Street. The idea is to protect investors from major losses, but it comes at a price.  More

U.S. wants sick workers to stay home. Workers say 'We can't'

The nation's health watchdog is telling food workers to stay home when they're sick, but without paid sick days, some workers say they can't afford to.  More

London calling: World's top travel spot

British capital to draw 18.7 million people this year, surpassing Bangkok as a destination.  More

The wrong folks get billions in tax dollars

The federal government made $106 billion in improper payments last year, according to testimony at a House hearing Wednesday.  More

Creative (and painless) ways I cut my wedding costs

Spending thousands of dollars on flowers or $20,000 on food and drink alone just didn't make sense to us -- or fit within our budget. Ultimately, we were able to save thousands of dollars by making some relatively painless choices.  More

'We're crowdfunding our wedding'

As wedding bills continue to climb, some couples are turning to friends, relatives and even strangers to help pay for their big day.  More

House hunting? Download these apps first

From enabling us to virtually walk through an open house to instantly learning about the social scene in the neighborhood we're eyeing, a new generation of apps and other technologies are taking the real estate shopping experience to a whole new level.  More

Want to study pot? There's a school for that

The Northeastern Institute of Cannabis, located in Natick, Mass., plans to begin accepting applications in July and to open its doors in September.  More

Don't ditch your U.S. stocks just yet

The party isn't over for U.S. stocks, even after the Dow soared above 17,000.  More

How a librarian taught herself to invest and retired early

From section 332 to $20,000 a year: How one librarian taught herself to invest and retired early despite the downturn  More

Best markets to become a landlord

These markets offer landlords returns of 10% or more, according to RealtyTrac.  More

Housing market is a 'crapshoot'

Karl 'Chip' Case created the Case-Shiller home price indexes. He's worried about the U.S. housing market and says consumers should only buy for the long haul.  More

Cars that scream America

From the Ford Model T to the Cadillac Eldorado, here's a look at our list of classic American cars that scream red, white and blue.  Play

Mortgage rates drop to near 4%

Rock-bottom mortgage rates moved even lower this week, hitting 4.12 for a 30-year fixed rate loan.  More

Are you a better investor than a 13-year-old?

Picking winners in the stock market isn't easy, even for the professionals. See how 4 teenage finance wizards are investing.  More

Employers value skills over college degrees, workers say

Your college degree is less important to your employer than the skills you've picked up post-graduation, according to Glassdoor's quarterly employee confidence survey.  More

Shopping for million-dollar homes comes with perks

Realtors offer all kinds of goodies aimed at locking in potential buyers of exclusive properties, including rides on private jets or boats.  More

The world's worst tax return?

For expat pilots, following the IRS rules to the letter means a tax headache that lasts 365 days a year.  More

Chinese students found cheating to get into U.S. colleges

As the number of Chinese students seeking admission to U.S. colleges and universities explodes, admissions officials are encountering a large number of fraudulent applications, essays and transcripts.  More

Transgender worker legal rights formalized

Labor Secretary Tom Perez said new guidelines will clarify existing law to say that sex-based discrimination will include workers who identify as transgender.  More

Same-sex marriage: 1 year later

A year after the Supreme Court overturned the Defense of Marriage Act, great strides have been made but there's still more to be done for same-sex couples.  More
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