Money

How to Understand and Reduce Taxes When Selling Your Home

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. If your home’s value…
Money

Trim Your Budget Strategically to Battle Rising Prices, Rates

Consumers face rising prices almost everywhere they turn, including on basics like gas and food. At the same time, rising interest rates can translate into higher credit card payments for people carrying debt month to month. That double whammy of higher costs for both…
Money

AARP/UnitedHealthcare Medicare Part D 2022 Review

AARP Medicare Part D prescription drug plans are insured by UnitedHealthcare. More than 4 million Medicare beneficiaries have AARP/UnitedHealthcare Part D plans as of April 2022. Medicare Part D plans from AARP/UnitedHealthcare are widely available and get solid ratings for…
Money

Chapter 8: Which Education Savings Vehicle is Right for Me?

Throughout this series, we talked about some of the most common education savings vehicles for saving for college—also known as savings vehicles. Savings vehicles are accounts that are used to save money, such as certificates of deposit (CDs) and savings accounts. Some…
Money

Chapter 7: UTMA & UGMA Accounts: What Are They?

In our saving 4 college series, we’ve discussed several types of college savings accounts, now it’s time to dive into UTMA and UGMAs. UTMA and UGMA accounts are types of investment accounts that can help parents save money for their child’s college. With a UTMA or UGMA…
Money

Chapter 6: The Pros and Cons of 529 Plans

So far in our series we’ve introduced you to the concept of college savings plans and covered the basics of what 529 college savings plans are for and how they work. In this article, we’ll take a more in-depth look at the pros and cons of a 529 college savings plan to…
Money

Chapter 5: What is a 529 College Savings Plan?

As you know, paying for college can be daunting, which is why we’ve created our saving 4 college series. In the previous chapters, we discussed the different ways you can save for college. If you realized in Chapter 4 that an ESA isn’t the right fit for you, you might…
Money

Chapter 4: What is an Education Savings Account (ESA)?

In this series, we’ve briefly touched on the different types of college savings accounts, one of which is the Coverdell education savings account or ESA. In Chapter 4, we’ll go into more depth about this type of account, answering questions like “what is an ESA?” and…
Money

Chapter 3: Saving for College for Your Child

In this chapter, we’ll talk about when you should start saving for your child’s college education and what you can do to get started. Saving for college for your child is a big step in planning for your financial future, so we’ll cover everything from your available…
MoneySmall Business

How to Get a Loan to Buy a Business

Not everyone wants to take on the challenge of building a business from the ground up. An attractive alternative can be to step into a business that’s already up and running by purchasing it from the current owner. Some advantages of buying a business may include easier…
Money

How to Use Travel Funds on United

Like other major U.S. airlines, United provides travel funds for its customers. These can come about as a gift due to a canceled flight or other reasons. However, finding and using these funds isn’t the most intuitive experience. So let’s look at how to apply travel…
Money

You Can Get Travel Insurance Without Paying for It Out-Of-Pocket

Since many countries still require negative COVID-19 tests to enter, it’s good to obtain travel insurance. After all, a positive COVID-19 test result is still possible — even if you’re vaccinated and boosted — and could derail your trip. Increasingly, more Americans…
Money

Tips for Buying a Used Car From a Private Seller

Buying a used car from a private seller can have advantages. For example, if you’re looking for an exact make and model of vehicle, you might be able to cast a wide net and find it for sale by owner. Also, cars sold by individuals usually sell for less than at a…
Money

What Rising Prices Could Mean for Your Retirement Plans

About 1 in 8 Gen Xers and baby boomers say they’ve postponed or considered postponing retirement due to inflation, according to a March 2022 survey by the Nationwide Retirement Institute. With an inflation rate over 8% and hitting a 40-year high, coupled with a stock…
Money

Options Trading Explained

Options trading is popular with investors for a number of reasons. Certain options trading strategies can potentially limit the risk of loss, protect investments against market volatility, or turn a profit. Amid 2022 concerns about inflation, the Russia-Ukraine war and…
Money

Bear Market: Everything You Need to Know

Investing is a long game – but that can be hard to remember when your investments are plummeting. In light of the recent market downturn, some investors are struggling to hold back a sense of panic. You may have heard the current stock market climate described as a…
Money

How to Avoid ‘Rug Pulls,’ the Latest Cryptocurrency Scam

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. A new type of scam has…