Here’s what N.J. family that won $429M jackpot is doing with its money

TRENTON — A year ago this month, the Smith family’s lives changed in an instant when they won the $429.6 million Powerball jackpot. The family of eight — matriarch Pearlie Mae Smith and her seven adult children — didn’t throw away the money on expensive new houses or luxury sports cars or write checks willy-nilly to… Read more

household budget

Will beginning savings early lead to exponential growth?

Doug Goldstein, CFP, discusses with Beth Kobliner, The New York Times bestselling author of Get a Financial Life, how millennials are affected by debt and savings. What is the best way to get a college education without going into debt? Better financial education for parents and students seem to be the answer. They also discuss how… Read more

Saving & Spending Sign

6 Ways to Massively Reduce Your Expenses & Increase Your Savings

6 Ways to Massively Reduce Your Expenses & Increase Your Savings 1) Study Your Monthly Expenses Well it’s time to study the expense column very closely and identify where you can cut your expenses. You will be surprised to know that we can easily do without between 20-30% of our monthly expenses. ‘Dispensable expenses’ are stuff… Read more

Saving money

D.C. housing bill seeks to convert offices to low-cost homes

The D.C. Council is mulling several bills to increase affordable housing, as rising rents and home prices push longtime residents out of the city. One bill would offer tax credits to businesses or people who invest in financial institutions that put money into development projects in underserved communities. Another would convert underused office buildings into affordable… Read more

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What To Invest Your Money In And 4 Other Pieces Of Financial Advice

Q&A site Quora. Photo: Quora This question originally appeared on Quora. Answer by Tom Brown. Remember one fact that “The more you risk the more you can earn”. And one more advice for you, you should try to avoid the great mistakes (how to avoid them I will write below). You know, everyone can make a… Read more

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