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Iran says US has responded to its latest peace proposal BBCFact check: Trump denied he made this remark about Iran. He made it on camera one day earlier CNNWhat's Iran's 14-point proposal to end the war? And will Trump accept it? Al JazeeraLive Updates: Bulk carrier reports 1st attack in weeks near Strait of Hormuz CBS News
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Cavaliers finally pull away from Raptors in Game 7 to close out series, set up battle with Pistons Yahoo SportsCavaliers close out Raptors in Game 7, advance to face Pistons ESPNCavs can take a deep breath, Jarrett Allen can take a victor's bow in the bright playoff lights - Terry Pluto Cleveland.comJarrett Allen ties career high with 22 points as Cavaliers beat Raptors 114-102 to advance AP News
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Jeeves and Ask.com Shut Down After Almost 30 Years The New York TimesEast Bay internet pioneer Ask.com, formerly Ask Jeeves, shuts down San Francisco ChronicleNo more Jeeves: Ask.com officially shuttered MashableAsk.com Has Shut Down, Marking The Official Farewell To The Internet's Favorite Butler Engadget
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Search underway for 2 U.S. service members missing amid training exercise in Morocco CBS News2 U.S. service members missing amid training exercise in Morocco YahooTwo US service members missing after military exercises in Morocco The Guardian2 US service members missing in Morocco after multinational military exercise, search un
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United flight landing at Newark Liberty Airport strikes light pole, truck on New Jersey Turnpike, officials say CBS NewsVIDEO: Baltimore bakery truck struck by plane in New Jersey WBFFUnited Flight strikes light pole, damages truck on NJ Turnpike before landing at Newark Airport ABC7 New York
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Is it true that many young professionals don't know how to save money?
I recently had dinner with an old college friend. I was expecting to catch up on friends, family and our careers, but it was clear he wanted some basic financial information.
Knowing I advise young professionals on their finances, he zeroed in on the following questions: "How much should I save, and how do I know if my savings plan is on track?"
SEE MORE Millennials Want a Different Kind of Retirement
Many highly talented and bright young individuals - often earning six figures, receiving an annual bonus and holding stock options - often struggle with how to spend and save their money. My advice is to develop a process that focuses on three fundamental ideas that anyone can use.
Control Savings and Spending by Paying Yourself First
Putting together a budget and tracking spending are useful tools - but they can be tedious and hard to sustain. Instead of starting with expenses, I begin by allocating the desired amounts of money to various savings and investment accounts.
I set up automated contributions to my 401(k) retirement account, Roth Individual Retirement Account (IRA) and after-tax brokerage accounts. Once that money is set aside, I have total peace of mind knowing I can afford to spend what's left and still be on track to hit my financial goals.
If, like me, you make the majority of day-to-day purchases on your credit card, another easy way to spot-check spending is making sure you can pay your credit card bill in full each month without tapping your savings.
Don't get me wrong - developing a detailed budget is a valuable exercise when done periodically. And it's parti
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