Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them to focus on adding information that is uniquely helpful. The article was reviewed, fact-checked and edited by our editorial staff prior to publication. If you’re on the hunt for financial…

Key takeaways You may not qualify for the most rewarding credit cards without a good credit score, which is why you should be flexible about your choices. Start by being strategic and applying for a credit card that is likely to approve you, since too many credit inquiries in a…

Key takeaways Personal loans come in many forms, including secured and unsecured loans, debt consolidation loans and personal lines of credit. Unsecured personal loans are common among lenders and don’t require collateral. Secured personal loans are less common and require collateral — but usually offer lower interest rates. You can…

Managing retirement savings effectively often involves rollovers, which allow investors to move funds from one retirement account to another without incurring taxes or penalties. In a direct rollover, the funds are transferred directly between accounts, while an indirect rollover requires the account holder to receive the funds before depositing them…

Credit Sesame dives into money advice from grandparents and whether it still applies today. Our grandparents are often our first financial role models. They’ve lived through economic ups and downs, from the Great Depression to the rise of credit cards, and their wisdom has shaped how many of us think…

Debt management is often seen as a double-edged sword. On one hand, it offers a structured path to financial freedom; on the other, it raises concerns about potential damage to your credit score. The truth is, debt management can be a powerful tool for regaining control over your finances without…

In recent years, a significant portion of the stock market’s returns have been driven by just a handful of companies that have come to be known as the “Magnificent 7.” These seven companies are among the largest in the S&P 500 index and account for more than 30 percent of…

Key takeaways Using a credit card’s introductory APR promotional period to finance home renovation costs can help you save money. If planned correctly, your card’s intro period can become an interest-free loan for supplies and services. Some credit cards are better than others for financing home renovations, including those with…

Over the past few years, American consumers have been grappling with the impact of inflation on their wallets. With back-to-school season officially underway, basic classroom necessities have also fallen victim to higher costs over the past few years. Tools and apps like buy now, pay later have increased in popularity…

Correcting 401(k) contribution errors involves identifying the mistake, adjusting future contributions and potentially making retroactive corrections to comply with IRS limits and plan rules. If you discover that you have over-contributed, the first step is to notify your plan administrator.If you need help with your retirement plan, a financial advisor…