Personal saving

Americans’ buying power rose for first time since March 2021 amid falling inflation

Workers saw their buying power grow in May for the first time in two years, as inflation continues to fall…

Biden plugs pro-union record, economic agenda at his first major 2024 campaign rally

President Joe Biden on Saturday marked the first major event of his 2024 reelection campaign with a union rally, highlighting…

The rich often misjudge the potency of their retirement savings, report finds

Many Americans are mistaken about their financial preparedness for retirement. But overconfidence skews higher for the wealthy than for others,…

Thanks to vesting schedules, it can take up to 6 years for workers to own their 401(k) match

A 401(k) match from an employer is often referred to as “free” money, and therefore one of the best ways…

Mastering this skill is the ‘hardest part’ of personal finance, advisors say

The following is an excerpt from “This week, your wallet,” a weekly audio show on Twitter produced by CNBC’s Personal…

3 ways to rethink old age and retirement, MIT expert says

The following is an excerpt from “This week, your wallet,” a weekly audio show on Twitter produced by CNBC’s Personal…

Here are the top 3 reasons to fire a financial advisor, say experts

Breakups are always hard. The relationship with your financial advisor is no different. But there are some telltale signs it’s…

Here are a financial advisor’s 4 most important money tips for parents with young kids

Parents with young kids or those expecting a child may wonder: What financial steps should I take to set my…

Biden used first veto to save a 401(k) investment rule. Here’s what it does

President Joe Biden used his first veto to preserve a recent U.S. Department of Labor rule about investment choice in…