Financial How Tos

You’ve been searching for a very popular squishy stuffed animal that’s sold out or on backorder everywhere. Then, an ad pops up on Facebook or Instagram, offering the very toy you’ve been trying to track down. Or maybe the item appears on an auction site with a much lower than expected “buy it now” price. Did you just win the lottery? Probably not.

Life is full of “first” experiences to be cherished, and “first” experiences we may wish we had avoided.

New “first” experiences continue to arise as we age, from wonderful experiences such as the birth of a grandchild to dreaded experiences such as aching joints and adjusting to new physical limits. But we don’t have to touch the stove to learn that it’s hot, we can learn that from others’ experiences too.

Getting that first job after college or high school is very exciting, yet stressful. You have many new challenges, opportunities, and commitments. And you likely have a lot of questions. One of the biggest new challenges may be the management of money and personal finance.

Trusts are not as mysterious as most people seem to think, and technological advances have made trust-based financial planning accessible to more and more families. That’s one reason why discussions of trusts seem to be popping up in the popular press more and more.

Today’s investors have more choices than ever for managing their investments—including doing it themselves. In the internet age, access to extensive information and sophisticated tools can make everyone feel like an expert. But not everyone really is an expert.

They understand GPAs and test scores but how can we help them better understand their credit score or the value of saving? The ABA’s top 10 tips are designed to give students an edge on mastering personal finance.