8 Black Financial Influencers to Follow in Honor of Black History Month

February is Black History Month, a time to acknowledge and reflect on the achievements Black people have made to American society. We’d like to recognize Black History Month by highlighting several Black influencers who enrich the personal finance arena with…

Dear Penny: Do I Freeze My Eggs for $8K if I Haven’t Met Mr. Right?

Dear Penny, I’m a 37-year-old female who wants kids. Just after the holidays, I ended a six-year relationship with a man I loved dearly because he decided he didn’t want children. I’m one of four kids and the only one…

How to Manage Your Finances if You’re in the Sandwich Generation

Saving for financial goals such as retirement and buying a house is hard enough. The so-called “sandwich generation” has the added struggle of trying to manage priorities: caring for aging parents while saving for their own goals. The sandwich generation…

Mvelopes Review: Digitize the Cash Envelope Method With This App

The cash envelope budgeting method can be a very effective way to control your spending. The premise is simple. You come up with spending limits for your variable expenses, like groceries, eating out or entertainment. Next, you fill up envelopes…

Budgeting for Beginners: These 5 Steps Will Help You Get Started

Setting up a budget is challenging. Doing it forces you to face your spending habits and then work to change them. But when you decide to make a budget, it means you’re serious about your money. Maybe you even have…

How to Set Financial Goals: A Simple, Step-By-Step Guide

Saving money is all well and good in theory. It’s pretty hard to argue against having more money in the bank. But what are you saving for? If you don’t have solid financial goals, all those hoarded pennies might end…