surviving capitalism The Sooner You Invest in Your Retirement, the Better A great hack to jumpstart your retirement savings: open a 401K through your job and start your own Roth IRA account. If you’re young, the best time to start funding your retirement is now, we explain in the latest installment of our “Surviving Capitalism” series.
Student Debt Four (Mostly) Practical Hacks to Get Rid of Student Loan Debt Americans are drowning in student loans. But luckily there are some lifeboats out there. You just need to know where to find them… and where the paddles are. Here are three practical suggestions (and one not-so-practical suggestion) to get rid of your student loan debt.
retirement Just Joined the Workforce and Already Looking to Retire? These Tips Will Help Even if you just entered the workforce, it’s not too early to start thinking about retirement. Especially if your dream is to get out of the grind while you’re still young enough to have a second act. Brittney Castro, the founder and CEO of Financially Wise, joined LX News host Ashley Holt to help you figure out if you’re on...
personal finance How 3 Women Overcame the Latina Pay Gap The Latina pay gap is real – Latinas earn, on average, 55 cents for every dollar earned by non-Hispanic white men. During Hispanic Heritage Month (and 1 month ahead of Latina Equal Pay Day), LX News host Ashley Holt spoke with 3 women who had to learn a lot about money on their own – they shared their stories and...
pyramid schemes Everything You Need to Know About Spotting and Avoiding Pyramid Schemes and MLM Scams Pyramid schemes and shady multi-level marketing companies make deceptive recruiting claims, misleading you into how much money you'll make and often costing you. Here's what to watch out for.
connect the dots Connecting the Dots From the Boston Marathon to Student Loans to Coffee What do the Boston Marathon, student loans and coffee have in common? A lot more than you may think. In this episode of “Connect the Dots,” NBC Boston’s Rob Michaelson takes a deep dive into the science of caffeine and how coffee gets Boston Marathon runners… moving. He also explores the theory that cutting back on a daily latte can...
personal finance What to Know Before Taking Financial Advice Online Do influencers have your best interests at heart, and are they setting realistic expectations when they pitch you an investment opportunity? Sharon Epperson of CNBC explains the risk of taking social media financial advice.
personal finance You Need a Supportive Squad and Smart Investments to Build Wealth You’ve got to have a supportive squad, invest well and don’t be afraid to take on debt if it will improve your earning potential. Author Rachel Rodgers talks about her book “We Should All Be Millionaires,” and explains how women can build wealth in their life.
personal finance Do More Schools Need Financial Literacy Courses? 25 states have introduced bills calling for more personal finance education in schools. In some districts, even kindergarteners are learning early lessons about the basics of saving, spending and debt. Sharon Epperson, senior CNBC personal finance correspondent, talks with LX News about students across the country who called for more real-life financial guidance.
cryptocurrency How Cryptocurrency and DeFi Can Help Spread the Wealth and Make Finance More Fair Traditional banks usually offer finance options to their wealthier clients — making it possible for them to make money from money. But with the rise of cryptocurrency and decentralized finance, a.k.a. DeFi, more people can have access to tools that will help them grow their money without the bias that’s baked into traditional lending. NBCLX storyteller Peter Hull explores the...
