Personal Finance Institute

Personal Journals Podcast · Updated Weekly · Imagine if you could ask someone anything you wanted about their finances. On What We Spend, people from across the country and across the financial spectrum are opening their wallets—and their lives—…

The stock market and the dollar are moving in opposite directions.

FICO will start incorporating BNPL loan data into its credit score formula.

On the age-old trade-off between risk and reward....

Women who invest began at age 31, on average, a survey found, but most respondents said they wish they had started earlier. Here's why.

Question: How do you keep your budget working as hard as you do? Answer: Keep. It. Fresh. Here are 14 signs you need to refresh your budget.

Credit card companies and other financial institutions are quaking.

The average 401(k) savings rate recently hit a record high. Here's how to know if you're on track.

If you think the rent is too damn high, wait until you get the bill for child care.

It takes a hefty paycheck to cover your essentials, pay back your debts, save for the future and have a little fun.

US stocks have roared back to life since bottoming out on April 4, with the AI trade powering much of the gains....

While a drop in the nation’s average credit score may sound minor, it belies a major crisis for student loan borrowers.

American retailers are stepping up their gas game....

The online retail giant sold more than double the amount of apparel of any other retailer in 2023....

It’s definitely not investors getting a jump start on “sell in May and go away.” Right?...

Question of the Day for teachers and students: What percent of consumers using "buy now, pay later" have been late with their payments?

For the second consecutive year, millennials have the fastest growing average balances among the generations, per Experian data.

The number of times you use a payment plan to buy spontaneous splurges won’t tank your credit score…yet.

Can your 401(k) fund your retirement dreams? Compare your progress to the average American retirement savings by age.

New partnership gives customers more ways to pay for groceries, retail, meals and more

Explore this post and more from the CalebHammer community

Just how common is a 2.7% drop like yesterday?...

California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates for roughly a million customers if the company can justify the hike at a public hearing.

Gold prices reached $3,000 an ounce for the first time in history Friday, boosted by demand for safe-haven assets as investors fret about President Donald Trump’s tariffs and geopolitics.

Nearly three-quarters of consumers (71.2%) have a good or better credit score (670 or higher) in 2024.

On Friday, I had a 45 minute lesson at Eastside Prep. with my main learning objective to help the students understand their risk profile and how that impacts their approach to investing (for more on helping students understand risk, listen to my recent podcast with NY Times columnist Ron Lieber) We started with a PollEverywhere with the students creating a word cloud on what words came to mind when they think about risk: A class discussion ensued in which we discussed how we often associate negative terms (trouble, caution, fear, lost, losing money, loss) with risk. I transitioned the conversation to the importance of risk when it comes to investing and introduced the concept of return (or how much profit you earn from an investment). I asked the students to write down what they thought their risk profile was.

How well do you know your investing habits? Take this quiz to find out.