Personal Finance

15 Banks & Credit Unions That Exchange Foreign Currencies

15 Banks & Credit Unions That Exchange Foreign Currencies

Not all banks or credit unions exchange foreign currency. Our list has options that let you exchange foreign currency at a branch, over the phone, or online. Most financial institutions require you to be a customer to exchange foreign currency. Loading Something is loading. If you’re looking to exchange currency for a trip abroad, major …

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What Happens If I Convert My 401(k) to a Roth IRA in 2022?  |  Smart Change: Personal Finance

What Happens If I Convert My 401(k) to a Roth IRA in 2022? | Smart Change: Personal Finance

(Charlene Rhinehart, CPA) If you’re ready to make some moves with your old 401(k), a Roth IRA conversion may be an option for you. This will give you a chance to turn your employer-sponsored retirement plan into a tax-free income machine. But as attractive as this may sound, you need to know what you’re signing …

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Why Now Is the Best Time Ever to Hire a Financial Planner

Why Now Is the Best Time Ever to Hire a Financial Planner

Image source: Getty Images Financial planning is being redefined from an exclusive benefit to one for the masses. Key points Asset-based compensation models overserve the overserved. New models aimed at serving the many are on the rise. Employers are getting involved with personal finance benefits. The term financial advisor feels…exclusive. And that’s not without reason. …

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Today's Mortgage, Refinance Rates: April 28, 2022

Today’s Mortgage, Refinance Rates: April 28, 2022

Mortgage rates have been rising dramatically this year, and will likely remain elevated while the Federal Reserve continues tightening monetary policy to tame inflation. If you’re planning to buy a home soon, getting preapproved with multiple lenders and comparing offers can help ensure that you get the best possible rate. “Shopping around for a mortgage …

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88% of adults support mandating personal finance education

88% of adults support mandating personal finance education

Most adults in the US support guaranteed access to personal finance education for high school students. Eighty-eight percent of adults surveyed by the National Endowment for Financial Education said their state should require either a semester or year long personal finance course for graduation. The survey of 1,030 adults was conducted in March. More from …

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Is a Home Warranty Worth the Money?  |  Personal Finance

Is a Home Warranty Worth the Money? | Personal Finance

Your home may be your biggest investment, but you’ll need more than homeowners insurance to protect it. While a homeowners policy will cover damage from incidents like fires and falling trees, it isn’t going to pay for a leaking roof or a furnace failure. Fortunately, there is another type of plan that will cover these …

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