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Someone you know just lost their job. Yikes. You want to be supportive. You want to help them see the positive side of their misfortune. You want to buy them a drink. And you should! But please, tread carefully. The time directly following a layoff is a delicate one. Your friend will want your help, but they may not be ...

Does the economic downturn terrify you? Or are you plotting a new strategy for life with less money? Your reaction offers a peek into your psyche, say researchers who study how personality shapes people's reactions to uncertain times. "People think about themselves and others in terms of typology — you're this type," says researcher Peter Jason Rentfrow of the University of ...

Have questions about planning for retirement? Our Money Mentors have some answers. They aren't financial pros. They're ordinary folks who, as retirees, manage their own finances. Their nest eggs, excluding their homes, vary from a couple hundred thousand dollars to $2 million. The one thing they have in common is experience as retirees — and the desire to share the lessons ...

Overspending is easy to do. Everyone falls for it every now and again because sometimes you just feel the need to spend. However, there may be things that trigger our overspending even when we know that we are on a budget and cannot really afford to spend money. 1) Stress – Work, family, friends, sickness, money…all these things (and many more) ...

Everyone has at least one frugal friend who always crows about how much money he saves by clipping coupons or frequenting discount stores. And while this friend’s behavior/bragging is a great reminder of how you should be more financially savvy — especially when the U.S. economy isn’t in the best shape — he may overlook some simple savings strategies that you’ve ...