Carlina Teteris When it comes to money, you can’t make wild stabs and think everything will be OK. Maybe it will be. Maybe it won’t. Less-than-great news for Gen Z: They have the lowest financial literacy of any demographic, according to a survey from TIAA fielded in January. In the annual P-FIN Index of financial literacy, the overall population of American adults on average…

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Jerome Powell is the finance world’s Cardi B. As the chair of the Federal Reserve (aka America’s central bank), Powell is the face of a lot of gov money moves that affect you. Like changing the federal funds rate. That’s an important percentage that influences everything from inflation to what you pay to borrow money. Increasing rates means the…

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Mother and adult daughter in shopping mall together-GETTY As Coronavirus cases rise and more restrictions are put in place, consumers are being forced to adapt to a new reality. Currently, American consumers are spending an average of nearly $180 per shopping trip for Coronavirus-related supplies. Our March study around the impact the virus has had on shopping behavior revealed…

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The sooner you start saving for retirement, the more opportunity you’ll have to build a solid nest egg without having to sacrifice too much on an ongoing basis. But data from Nationwide tells us that Americans are putting in roughly a decade in the workforce before giving their long-term savings a thought. The average American begins funding a…

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A retirement income specialist shares three important lessons he’s learned during his own financial and mental journey as he gets ready to dive into retirement. His personal insights could help guide your path as well. Planning for my own retirement has been interesting, as my day job is teaching financial advisers about retirement planning. At…

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Forty-five million Americans owe a collective $1.6 trillion in student debt. Here’s why my daughter won’t be one of them. Photo illustration by Slate. Photos by Vasily Koloda on Unsplash, master1305/iStock/Getty Images Plus, and ayzek/iStock/Getty Images Plus. A couple months ago, my 17-year-old daughter’s guidance counselor called her into his office to ask pretty much…

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Even though they’re not widely viewed as being as “tech-savvy” as their Millennial offspring, Baby Boomers are embracing tech at a surprising rate. In fact, 73% of people over 60 use a smartphone. They’re using tech to get the most out of life, especially as they begin to retire. But Baby Boomers aren’t eager to spend their golden years in hospital beds…

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But are you up to the job? GETTY “In a gentle way, you can shake the world.” — Mahatma Gandhi Generation-Z is taking Mahatma Gandhi’s wisdom to heart—and their career choices are reflecting it. According to a recent study by Girls With Impact, fully 45% of Gen-Zers want to work for a company that makes a…

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