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Wall Street falls from its records and oil prices jump after fighting flares in the Middle East AP NewsDow tumbles 550 points as oil prices rise and investors fear Iran conflict could intensify again: Live updates CNBCWall Street drops from its records and oil prices jump after fighting flares in the Middle East 6abc PhiladelphiaStock market today: Dow, S&P 500, Nasdaq drop as Horm
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John Sterling, legendary Yankees broadcaster, dies at age 87 - The Athletic The New York TimesJohn Sterling was the perfect voice for the Yankees -- and their fans ESPNLongtime Yankees Announcer John Sterling Dead at 87 Yahoo SportsJohn Sterling, Yankees broadcaster known for enduring home run calls, dies at 87 NBC NewsSuzyn Waldm
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Astronomers believe they've detected an atmosphere around a tiny, icy world beyond Pluto NBC NewsOuter solar system object has an atmosphere but shouldn't EurekAlert!Atmosphere detected on celestial body in solar system's far reaches GMA NetworkMysterious world beyond Pluto may have an atmosphere: astronomers Geo News
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Blake Lively and Justin Baldoni Settle Epic ‘It Ends With Us' Lawsuit VarietyBlake Lively, Justin Baldoni lawyers due in court ahead of 'It Ends With Us' trial YahooJustin Baldoni and Blake Lively's Teams Fight Over Potential Losses From ‘It Ends With Us' Drama YahooJustin Baldoni's Legal Team Claims Blake Lively's Brands Didn't Succeed Because She's Unlikable Yahoo
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The U.S. bond market is increasingly concerned that accelerating inflation could pressure the Federal Reserve to raise interest rates to try and tamp down price pressures — even as U.S. stocks continued to trade near record highs on Monday.
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Dolly Parton Cancels Las Vegas Residency Due to Health Concerns, Shares Positive Update The Hollywood ReporterDolly Parton cancels Las Vegas residency over health issues: ‘I've still got some healing to do' The GuardianAfter Speculation About Her Health, Dolly Parton Broke Her Silence And Warmed Everyone's Hearts BuzzFeedDolly details: The legendary singer gets specific about her health Yahoo
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Man charged in Trump assassination plot told FBI he didn't think he'd survive, feds say NBC NewsTrump attack defendant Cole Allen under harsher jail conditions than Jan. 6 defendants: judge CNBCJudge Questions Jail's Treatment of Suspect in Press Gala Shooting The New York TimesJudge compares jail treatment of press dinner gunman to Jan. 6 rioters CNN
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Oil surrenders some gains after Washington denies claim that Tehran had struck an American warship
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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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