Young people who are just starting out in their professional careers often feel like they've been thrown to the wind when it comes to financial matters. It’s odd – but understandable – that they’ve just spent a minimum of four years intensely focused on getting the education necessary to secure a good financial future, yet they frequently enter the “real
Basic Medicare, while a good benefit available to many Americans over age 65, is not a complete medical insurance solution. There are “gaps” in the coverage. To fill these, there are some standardized (by Medicare) policies available from insurers. These ten standardized policies are Plans (called Plans A, B, C, D, F, G, K, L, M, and N), each having a different lev
As an Accounting student at the University of Alabama, I was excited to accept a summer internship with BCR and learn more about the finance industry. Going into the summer, I was eager to see how I could apply my accounting skills to my time at BCR. I was also excited to come home to Birmingham for the summer and learn more about financial planning.
Everyone who keeps a budget overspends once in a while. Even the most disciplined spender occasionally makes a purchase that wasn’t in the budget at the beginning of the month. Doing this once in a blue moon won’t completely wreck your financial future; however, if you habitually overspend, it can prevent you from reaching your financial goals or aspirations.
Actively managed mutual funds are built on the hypothesis that their managers’ investing abilities are greater than everyone else’s investing abilities so that you can make more money than others that invest in a similar asset class. They typically ask for higher compensation to pay for their talent’s abilities. Human nature wants us to believe that we can pick whi