Personal Finance

Money stories from Mic

Money Confession: I drained my savings buying a home and now I’m panicking

A home could be the biggest purchase you ever make, but it shouldn't eat up everything you have.

Money Confession: I have $30,000 sitting in my checking account, but I’m too scared to touch it

Having a large amount of money in your bank account isn't necessarily a dream scenario — especially if you don't know what to do with it.

Money Confession: I spend $500 a month on Uber, Lyft and taxis

We asked experts to weigh in on how you should wean yourself off your Uber addiction.

Love and Money: What to do when your parents haven’t saved for retirement

They wouldn't be the first: 26% of workers have no retirement plan at all.

How to write a will — and what happens when you die without one

Fans were shocked to learn Aretha Franklin didn't leave behind a will. Here's what will happen to her estate — and why you really, really need a will of your own.

Investing when stocks are low: Is now the time to buy Facebook or Papa John’s stock?

We asked investment strategists if the whole “buy low, sell high” thing applies here.

Should I buy a house if the housing market’s in trouble?

The headlines are terrifying, so here's a little econ 101 if you're thinking about buying property in the near future.

Love and Money: What happens to student loan debt when you get married?

Student loans are frustrating as is, but when another person comes into the picture, things can get more complicated.

Love and Money: How to figure out if your new romantic partner is a financial disaster

It's not about how much money they have, but how they handle what they've got.

Money managers aren’t just for people with money — here’s how to decide if you need a finance expert

At some point, it's wise to have an expert plan out your financial future. Here's how to figure out if the time is now.

Money Confession: I never pay my medical bills

Even though I regularly pay off my rent, utilities, credit cards and insurance, I have a deep fear of dealing with medical bills. I turned to the experts to find out why.

The best money lessons I learned as a personal finance writer

Most personal finance “advice” really isn’t rocket science. Here's the best of what I learned.

The lifetime cost of rent is still rising — here’s how you can save on housing in the meantime

Generation Z will pay a record high $226,000 in rental costs while trying to save up for a home.

How much is your credit card balance costing you? How to find out — and negotiate a better rate

Nearly a third of credit card consumers now swipe purely for the points — and aren't paying attention to the all-important APR.

These are the most common money mistakes Americans make — and what you should do instead

Many of us are guilty of spending money we don't have to hang out with friends, but that's just one common money mistake.

How to go on a spending freeze that you’ll actually stick to

The concept of stopping your spending sounds easy enough, but it's a whole lot easier said than done.

Make money moves: 30 simple ways to grow richer and smarter each day of Financial Literacy Month

Financial Literacy Month 2018 begins in April — and if you're looking for ways to save and earn more cash, turbocharge your career or just get your finances organized, this checklist can help.

How to give better in 2018: Do more with less money for your family, friends and community

Here are three ways to get more meaning out of your money, by spending it wisely on your community and loved ones — while still having plenty of cash to take care of yourself.

Fed interest rate hike: Who should care — and 5 more answers on how higher rates affect your money

The Federal Reserve just made it harder to find the best mortgage and credit card rates — but getting a higher-paying savings account should be easier if you know where to look.

Can you trust your financial adviser? The 3 best questions to ask before hiring a professional

The world of financial designations is full of fraud, as almost anyone can call themselves a financial planner. Here are three questions to ask before you pay someone for independent, unbiased advice.

Buy a car in 2018: Whether used or new, how to get the best deal — and save on insurance and more

What used cars for sale and car insurance is best for you? To save money and make smart choices on your wheels — if you plan to ditch car rentals for good — follow these 7 auto buying tips.

5 student loan myths — about forgiveness, repayment, interest and more — that everyone should know

Student loan payment and interest rate confusions abound. Don't fall for these misunderstandings about debt, forgiveness, federal versus private loans and servicers like Navient, Nelnet and OSLA.

How to invest money in 2018: The best beginner’s investment plan, with funds, stocks, bonds and more

What are the best investments? How do you invest in the first place? Here's how to grow your wealth in stocks, bonds, ETFs and more — so you can end up richer and maybe actually retire.

Money and love: Are you “normal”? Here’s how most people handle financial hurdles in relationships.

Love and money don't always mix. Here's what most people think about splitting the check, the rent and other financial responsibilities.

Amazon or Walmart? This store is cheapest for almost all of your purchases, a new study finds.

As Amazon creeps into the health care space, a new study suggests competitors like Walmart actually have a price advantage for most consumers.

Tax Plan 2017: How the Senate Republican tax reform bill affects you and compares to the House plan

How does the Senate tax plan differ from the House version released on Nov. 2? Here's what we know for sure — and what President Donald Trump has said about the bill.

What are the best banks for 2017-2018? How to switch accounts to get higher interest and lower fees

Want the best bank account possible to save more money, earn top interest, avoid ATM or overdraft fees and more? Here's your guide for 2017 and 2018.

Investing 101: What should you do when the stock market drops? How to plan for the inevitable now

Stock prices keep hitting record highs. Here's why that is worrying investors — and how you can prepare for the inevitable.

Investing in Ethereum, Bitcoin and Litecoin: Will cryptocurrency make you rich? Here's what to know.

Mining and buying bitcoin a few years ago could have made you a millionaire. But will the price of cryptocurrencies keep going up?