Personal Finance Terms You Need to Know (No Matter What Your Age Group)

Lots has been written about how the various generations handle money. Millennials have been traumatized by economic disaster; Gen X isn’t saving for retirement; boomers are spending their kids’ inheritance. Maybe these things are true and maybe they aren’t, but it comes down to this: Everyone needs to manage debt, save money and plan for the future. Without an understanding of common…

Buying A Home Is Now 38% Cheaper Than Renting

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Is renting or buying a better financial bet? Every six months, Trulia.com’s chief economist Jed Kolko runs the numbers to answer that question and help you stay on top of the trends. So what does Trulia’s Winter 2014 Rent vs. Buy Report tell us? Although the gap between renting and buying is narrowing across the U.S., home ownership is still 38% cheaper than renting.

Homeowners…

This Year: Documents Needed for Filing Taxes

It’s tax season, and that means it’s time to sort through your shoebox of receipts, those envelopes of stock statements and that drawer of paperwork that hasn’t been touched in 12 months.

Depending on your income, assets, marital status and a host of other life factors, making sure you have all of the necessary documents needed to file for your specific situation can seem…

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