Although up to 85% of people suffer financial anxiety, there are established ways to avoid it. Sean Williams writes about financial well-being for CNN Money. If the security of online trading is one of your concerns, there are ways to increase your safety. The United States Computer Emergency Readiness Team discusses 12 of them. Only 2.5% of American families had a 529 plan for college savings in 2015. If investors knew more about the advantages and flexibility of these plans, that percentage would be considerably higher. Amy Haimerl looks into how your family can benefit.
How To Reduce Financial Anxiety– Eighty-five percent of respondents to a Northwestern Mutual study experience anxiety about finances, and about two-thirds say this has a negative effect on their health. Here are three steps that people can take to increase savings and reduce anxiety. Read more…
Cyber Security: Avoiding The Pitfalls Of Online Trading– Online trading allows you to conduct investment transactions over the internet. The accessibility of the internet makes it possible for you to research and invest in opportunities from any location at any time. This article from the United States Computer Emergency Readiness Team discussed cyber security risks and how to mitigate those risks if you trade online. Read more…
What To Do With Leftover College Savings Plan Cash– Money socked away in a 529 plan grows tax-free if the proceeds are used for to pay for college and other educational pursuits. A lesser-known feature is that the owner of a 529 plan can change the beneficiary once a year, as long as the new designee is a family member. Read more…
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John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller