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When is it okay to splurge?

When is it okay to splurge?

Finance
How to save $ 1,000 this year Question: When is it okay to splurge? We want to buy a car for $ 50,000 but it feels excessive. Me and my husband are under 30, paid off all debt except mortgage and saving well for retirement. We have no other car payments.—Anjali. S Dallas, TX Everyone deserves a special treat now and again. For some, a splurge is a fancy coffee habit while others covet big-ticket items like a new car or exotic beach vacation. Whatever your fancy, splurging can be a nice way to reward yourself, while helping to stay on track with your financial goals — if you do it right. Here's what experts recommend asking yourself when considering splurging: Do you have adequate savings? Before splashing out a lot of money on a fancy new toy, make s...
Why that summer job won't hurt your financial aid

Why that summer job won't hurt your financial aid

Finance
It's a pretty common question heard from college students who work during school or over the summer: "Will my income affect my eligibility for scholarships or aid?" For most students, the answer is no. The Free Application for Federal Student Aid, or FAFSA, the form that colleges and universities use to determine a student's need for financial aid, has protections in place for student earnings. For the 2018-19 school year, the amount a student can earn before it is counted as income is $ 6,570. To make more than that, a studen...

New Tariffs, Same Old Reaction

Finance
[unable to retrieve full-text content]SPECIAL NOTE We ve just released our brand new 7 Stocks Set to Double special report which includes seven stocks our team believes have the potential to grow 100 in the next 12 months This latest report features favorite stocks from Kevin Cook Tracey Ryniec Brian Hamilton Neena Mishra Latest Articles in
Most people still don't understand a thing about their credit score, and it's costing them big time

Most people still don't understand a thing about their credit score, and it's costing them big time

Finance
Credit scores greatly impact a consumer's financial moves — and how much they'll pay along the way — yet many don't even know how the rating works. Around 40 percent believe, incorrectly, that age and marital status play a role in their three-digit score, according to the Consumer Federation of America's credit card survey, which included interviews with some 1,000 people from May 31 to June 3 of this year. Only around 20 percent of people fully realize how a low credit score can bring on heftier interest-rate charges. Specifically, that borrowers with a low score can pay about $ 5,000 more on a $ 20,000, 60-mont...
ICICI Bank reshuffle has left many questions unanswered: Jefferies India

ICICI Bank reshuffle has left many questions unanswered: Jefferies India

Finance
ICICI Bank CEO Chanda Kochhar’s decision to proceed on leave and the bank’s move to to appoint a chief operating officer to run operations till an enquiry into conflict of interest is completed leaves some questions unanswered. The most important one is about the role of Sandeep Bakshi, who is now the COO. In a report on Tuesday, brokerage Jefferies India has called Bakshi’s appointment as temporary and questioned the board's wisdom to have a three tier structure. “Without second-guessing the ICICI Bank board, we wonder under what circumstances the three-tier structure at the bank might be collapsed to two, as a COO role strikes us as unnecessary in the long term,” Nilanjan Karfa, equity analyst, Jefferies India said. For now, perhaps the board has found a safe middle gro