10’000 Hours/Getty Images Key takeaways The average MBA graduate can expect to make six figures as their base salary. The average MBA salary varies by state, with Washington, New York, Massachusetts, Alaska and Vermont earning the highest wages. Your exact salary will depend on your location, your job role and…
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. Paper checks may not be as common…
Key takeaways A CD locks in your money for a set period of time (also known as a term) in exchange for providing a guaranteed yield on the funds. CD terms often range from three months to five years, although it’s possible to find term lengths shorter or longer than…
10’000 Hours/Getty Images Key takeaways You can log into the Federal Student Aid website to identify what type of loans you have. Federal student loans are distributed by the federal government and are serviced by lenders assigned by the Department of Education. If you complete the Free Application for Federal…
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Technology has transformed some parts of the daunting homebuying process–making it easier to search and compare properties online, to prepare…
The Covid pandemic crushed immigration and demand for Nova Credit’s tech. Then its founder discovered a second line of business.…
A perfect storm is brewing for millions of federal student loan borrowers, who may experience dramatic increases in their monthly…
As the Biden administration exits Washington, President-elect Donald Trump inherits a federal student loan system that looks much different than…
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Key takeaways Allowing team members access to your business checking account can help delegate tasks, but it also introduces potential risks. Set permissions based on job functions to minimize exposure and limit access to your business checking account by authorizing only trusted individuals Never share…
Dept Managmnt
Key takeaways Governments often borrow money to cover deficits when taxes and other revenues don’t cover expenses. The national debt is the total…
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F or private financial technology companies, last year was a quiet one for fundraising. Fintechs raised $34 billion in 2024, down from $42…
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Key takeaways The Southwest Companion Pass is attainable by using Southwest credit card welcome bonuses to meet the 135,000-point requirement. Applying for a…
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A 529 plan is a tax-advantaged way for parents to save for their children’s education expenses. The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax-advantaged accounts such as 401(k)s and Roth IRAs, though some limits do exist. States often impose their own lifetime caps, though…
I get it—overspending is a real struggle. No matter where or how you shop, spending money on random stuff is always a temptation (I’m looking at you, $100-Target-run-disguised-as-a-quick-trip-for-shampoo). So, how do you keep from busting your budget? I’m here to share my best tips for how to stop spending money—so…
jtstewartphoto/Getty Images Getting a speeding ticket in Maryland has more consequences than just paying the fine, including potential points on your license and higher insurance rates. The average rate for a full coverage policy in Maryland rises from $2,793 before a ticket to $3,322 afterward—an increase of almost 19 percent.…
The capital asset pricing model (CAPM) is a financial model used to determine a security’s expected return considering its associated risk. Developed in the 1960s, CAPM has become a tool used by some investors in analyzing and managing investments, because it provides a quantitative way to measure the expected return…
Key takeaways Creditors cannot have you arrested for credit card debt, but they can sue you for payment. If sued and you do not respond, a default judgment may award creditors everything they’ve asked for and result in garnishment of your wages or other actions to recover their losses. Options…
Credit: Image by GettyImages; Illustration by Bankrate Key takeaways A million-dollar life insurance policy isn’t just for the ultra-wealthy. It could be a smart choice for anyone with major financial responsibilities. Insurers don’t approve seven-figure policies for just anyone. Your income, existing coverage, health and lifestyle all factor into eligibility.…
Few things in modern life are built to last. But one area where longevity really matters is in your investment portfolio. A “forever portfolio” is designed to generate wealth consistently, so you can live comfortably without running out of money later in life. It takes the stress and guesswork out of…
Key takeaways The Business Platinum Card® from American Express comes with one of the highest annual fees on the market, but for many users, the card’s benefits easily outweigh the cost. Before deciding whether the Business Platinum is right for you, evaluate how its perks align with your business’s spending…
Xinhua News Agency/Contributor/Getty Images Stock market volatility can pop up at any time, potentially causing portfolio losses when you least expect it. Stubbornly high inflation and the impact of newly imposed tariffs could lead to an economic slowdown at some point. Defensive ETFs can help limit risk in your portfolio…
Bloomberg / Contributor/ Getty Images President Donald Trump’s administration has shuttered the headquarters of the Consumer Financial Protection Bureau (CFPB) and ordered the watchdog agency to stop nearly all of its work. On Saturday, CFPB chief Russell Vought sent the directive to the agency’s staff, the Associated Press reported. In…
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