Personal Finance

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Does the strong dollar have you considering a trip to Europe this summer? Smart move. With the euro nearing parity with the dollar, your money will go a lot farther. But if you really want the best bang for your buck on that Paris jaunt, check your credit card. Almost two-thirds of the cards in …

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There are few occasions in life so filled with optimism—and stress—as leaving one company to join another. Regardless of how common career moves are, the tactical skill and emotional fortitude required is anything but typical. The stakes are high, and as a result, mistakes are often made. Here are three rules to follow to help …

Unusual tax deductions

Sharon Epperson tells us some of the unusual tax deductions you may be eligible for.

Andrew Weber | USA TODAY Sports | Reuters

For many professional athletes, it’s an almost overnight leap from no income and relative anonymity to fame and nine-figure fortunes. That’s something at least a few of the basketball players hitting the backboard during this year’s March Madness tournament may be experiencing soon. Of course, that won’t be the case for most other college grads. …

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It’s not easy recruiting 18- and 19-year-olds to serve in the military, what with the low pay, the obvious risks and the frequent relocation. The military’s retirement plan hasn’t made things easier. Service members with 20 years under their belts are eligible for relatively generous pensions, but if they leave before then, they are out …

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Saving for retirement can be a slog, yet some people have a better time of it than others. Planning ahead helps a lot. The best retirement savers are more than four times as likely to have given “a great deal” of thought about their retirement age, their lifestyle during their golden years, their future health-care …

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When Booker O’Neal reviewed his investment statement last fall, he noticed something odd: All the stock market indexes were up for the year, but his nest egg was down 3 percent. Even worse: O’Neal, a retired marketing executive in Kansas City, Mo., was losing another 1 percent to the annual fee his financial advisor of …

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You need to know this number: $18,433. That’s the median amount in a 401(k) savings account, according to a recent report by the Employee Benefit Research Institute. Almost 40 percent of employees have less than $10,000, even as the proportion of companies offering alternatives like defined benefit pensions continues to drop. Older workers do tend …

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There’s a specialty coffee craze brewing in New York City, and Joe Coffee is at the forefront of the shops that are picking up steam. “Once customers discover you, once they sort of become part of your following they wont go any place else,” said Joe Coffee founder Jonathan Rubenstein. “They find a way to …

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Employee Bethany Sander greets to a job seeker during a Virgin Hotels job fair in Chicago, Illinois, U.S., on Wednesday, Nov. 5, 2014.

The good news is the job market is finally rebounding. About 295,000 jobs were created last month, according to the latest Labor Department report, and unemployment fell to just 5.5 percent, the lowest rate in nearly seven years. The bad news, at least for millions of millennials, is that finding a job is still not …

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Psst. Looking to get a body piercing in Arkansas? It’ll cost you. Arkansas charges sales tax on body piercing, pet grooming, and gutter cleaning. (Tweet this) And the state has company, according to research by Cheapism.com, a website focused on saving money. Virtually every state has oddball taxes or tax breaks on the books, and it’s …

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What does it take to become a millionaire? Well, one thing is certain: You don’t have to make a million dollars to have saved a million. (Tweet This) The number of workers who have $1 million or more saved in 401(k) or other workplace retirement plans provided by Fidelity Investments nearly doubled from 2012 to …

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Whether most Americans will have enough saved to retire comfortably has become a matter of great debate. But some may be in better shape than they think. Most predictions aren’t in consumers’ favor. In a recent Legg Mason study, only 40 percent of the 458 investors surveyed said they are “very confident” in their ability …

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Who couldn’t use a little luck of the Irish when it comes to money? Fortunately, you don’t have to go looking for a four-leaf clover to get lucky with savings. Sixty-nine percent of millennials who are working full time have access to a 401(k) or similar retirement plan, according to Transamerica Center for Retirement Studies …

Daniel Acker | Bloomberg | Getty Images

The credit card you have in your wallet to save on gas may hurt you when you’re not at the pump. Gas station-branded credit cards charge an average interest rate of 24 percent, according to a new survey from CreditCards.com. That is miles above the 15 percent average levied by all credit cards, and higher …