Personal Finance

According to Forbes, there are 2,208 billionaires in the world today and just 63 members of this elite group are under the age of 40. Though the 63 youngest billionaires are a diverse group of individuals with different claims to fame, they do have quite a few things in common.

When it comes to guilty pleasures, we all have a few. Some vices are fine to indulge in every once in a while — like that weekly caramel latte. However, splurging too much on these vices can rob our budget, and in some cases, our health. Here are six guilty pleasures that are destroying your budget.

Every individual person has their own unique set of values when it comes to how they approach their lifestyle and career. Most people have a viewpoint on the inherent trade-off between time and money, as well as whether these precious resources should be used to seek out experiences or buy possessions. Today’s chart uses data from a global survey of 22,000 internet users in 17 different countries by GfK Global. We’ll first look at the U.S. data with a focus on generational differences, and then we’ll present the international data on how this trade-off between time and money manifests itself between countries.

Contributing to your 401k plan is critical for affording your retirement. In many cases you also get an employer match. Unfortunately, that money is not always yours right away but 401k vesting schedules allow this become a possibility. So what are 401k vesting schedules? How do they work? This article walks you through the ins and outs of 401k vesting schedules so you won’t be surprised when you encounter them.

The media, money gurus, investment firms — they all have a way of making the world of personal finance seem hopelessly complex. We've all seen otherwise competent, capable adults go crossed-eyed when the topic of money management comes up. Don't be intimidated by the talking heads and conflicting advice, though. The most valuable rules are usually the simplest to understand. Here are the 10 money rules every working adult should know.

The decision to work with a financial adviser is not a one-and-done type of deal. You need to stay engaged and informed. While you probably covered most of your key financial questions in your first meeting or two, you should continue to meet at least on an annual basis. Here are 5 important questions to explore when you do.

It's very common these days for young people to move from job to job. The days of sticking with a company for decades and earning a big pension are over. Thankfully, 401(k) plans and individual retirement accounts allow workers to switch jobs without losing their retirement savings, but it's still possible for all that job-hopping to disrupt your ability to save. If you do switch jobs regularly, there are some sensible things you can do to ensure that your retirement plan stays on track. Here are 7 things to consider doing.

Cash is the snake oil of investing. It feels good for a while and it sounds like a reasonable fix, but it does absolutely nothing for you and, over time, it will give you one hell of a hangover. At best, it’s a false sense of security. As the volatility in the market pushes more people to sell, the amount we are holding is exploding and, as we age, this situation becomes increasingly threatening to our security.

Today’s infographic from BestAccountingSchools provides an introductory guide to cryptocurrencies, and it highlights the history, important terms, and statistics about the crypto space. It also profiles some of the pioneers that made it all happen.

We've all heard the tales of financial woe that befall people who fail to pay their debt, die without a will, or go through a nasty divorce but what is the truth?...[This article answers] some of your most pressing debt questions. As always, it's important that you do your own research — each situation is different and laws and regulations change on a case-by-case basis. This is just your jumping off point. Now, let's get started.