During a recent interview on Instagram Live, actress Raven-Symone shared that she's never spent any of the money she earned from "The Cosby Show."

by Denise Burrell-Stinson There’s nothing wrong with taking a financially shrewd approach towards personal primping. It’s the difference between feeling like you’ve been recklessly extravagant and loving to get the most for your fashion dollar. The quest for value – no matter what your sartorial sense – should be a constant balance between fab and […]

When young adults are making the transition into adulthood most of them are clueless about how to manage their money. Here are tips to help bypass the trial and error experience.

(New York Times) — CLIPPING coupons is a hassle. Intentionally. If shoppers were to redeem any more than just a sliver of them, manufacturers would have a self-created financial catastrophe on their hands.  Digital technology could eventually make coupon-clipping with scissors a quaint oddity. And manufacturers are willing to make clipping easier, but not too […]

(Wall Street Journal) — JANUARY: Max those savings! Financial planners argue you should be saving 15% or more of your income each year. Set your 401(k) contributions to the highest level you can handle. At least contribute up to any company match, and ideally push the limits — $16,500 if you’re under 50, $22,000 if […]

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(Time) — Banks used to be good not just as holding pens for your money, but as places your money could grow slowly but surely. But considering the evil combo of rising fees and pathetic interest rates, the net result is a slow but sure loss of value even when there’s not much inflation. The […]

(New York Times) — The world is getting more complex, and with complexity comes confusion. We are constantly bombarded by reports of things like quantitative easing and de-leveraging. No one really knows what impact these things will have, given that we’ve entered uncharted territory.  Whenever we are faced with things that we don’t understand, it […]

(New York Times) — One of my friends has been meaning to fax his health insurance company to stop an overcharge worth hundreds of dollars each month. When I asked him why it’s taking so long to fix it, he gave me an astonishing reason: He said he didn’t have a fax machine.  It’d be […]