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The top 10 states to raise a baby

The top 10 states to raise a baby

Finance
Raising a baby doesn't come cheap — and once you add in expenses like doctor appointments and day care, the costs of child-rearing may be more manageable in certain states than others. New data from WalletHub found that some states have better financial conditions for bringing up baby. The personal finance site ranked U.S. states on a 100-point scale, with 100 representing optimal conditions.To crunch these numbers, WalletHub analyzed 20 different lifestyle factors grouped into four categories: cost, health care, baby friendliness and family friendliness. Baby friendliness included items such as parental leave policies and child care centers per capita. Family friendliness stemmed from the site's previous "Best and Worst States to Raise a Family" survey, which looked at elements like schoo
10 money moves to make in your 20s

10 money moves to make in your 20s

Finance
Money guide for MillennialsYou may not think of your 20s as a time to get serious about finances. After all, your 20s are when you're first starting out in your career, and you probably won't be earning nearly the same salary as when you're older. But believe it or not, your 20s are actually the perfect time to establish smart money-related practices. If you're in your 20s, here are some specific moves you'll definitely want to make. 1. Create a budget Budgeting is one of the easiest ways to keep track of your spending and ensure that you're not going overboard in any particular category. If you really want to get your finances on the right track, map out a budget and review it every few months to make sure it's something you can actually stick to. If not, you may need to look at cutting s...
3 ways bots can boost your money

3 ways bots can boost your money

Finance
Money guide for MillennialsThere is no shortage of finance apps that purport to fast-track your money life. But do they save you money? Are they worth the trouble? We've waded into the fields of fintech to find three ways these programs will boost your finances. 1. Discover better discounts and perks Unless you enjoy continually comparison shopping at multiple outlets for every purchase, you may as well let a bot do it. As you buy things, these apps work in the background of your purchases to ensure you don't overpay, miss out on an already earned benefit or buy something that's cheaper elsewhere. Sift works with your credit card and lets you know of a benefit when you buy something. For example, your cards may offer trip cancellation protection, flight delay insurance, car rental insuran...
Roth IRAs may be the best thing since sliced bread

Roth IRAs may be the best thing since sliced bread

Finance
If tax rates increase in the future (highly likely based on historical data), or if your tax rate in retirement will be higher than your tax rate now, a Roth IRA could be a banner idea. Investors who expect to have a higher tax rate in retirement have the most to gain with a Roth IRA, because you pay lower taxes on contributions now to avoid higher taxes on withdrawals later.This is particularly true for younger investors. The younger you are, the more earning potential you have and the more chance your income will be higher at retirement. Put another way, the greater the difference between your income now and your income in retirement, the more advantageous a Roth IRA can be.Let's block ads! (Why?) Financial Advisor Hub
After-hours buzz: P, SYF & more

After-hours buzz: P, SYF & more

Finance
Check out which companies are making headlines after the bell:Shares of Pandora shot up nearly 4 percent in extended trading after the company announced a new CEO at the closing bell. Roger Lynch, former head of online TV provider Sling, will take over for Pandora's founder, Tim Westergren, who became CEO of the company for the second time just last year.Synchrony Financial's shares jumped more than 4 percent in after hours trading. Warren Buffett's conglomerate Berkshire Hathaway revealed a stake of 17.46 million shares in the Connecticut-based company in a financial disclosure after the bell.Shares of Arconic fell more than 2 percent in extended trading. The lightweight metals manufacturer posted gains in day trading on Monday for the first time since Aug. 7.Shares of General Electric sl...