|
Astronomers believe they've detected an atmosphere around a tiny, icy world beyond Pluto YahooMysterious world beyond Pluto may have an atmosphere, astronomers say CBS NewsA tiny world beyond Neptune has an atmosphere that shouldn't exist Phys.orgAtmosphere detected on celestial body in solar system's far reaches Reuters
|
|
Germany news: Merz plays down US military withdrawal plans dw.comThe loss of 5,000 US troops in Germany is just the tip of the challenge facing Europe CNNGerman defence ministry says no 'definitive cancellation' of US weapons deployment ReutersWhat to know about the US military presence in Europe as Trump seeks drawdown of thousands of troops AP NewsEuropean leaders
|
|
Shares of eBay take off on a $56 billion buyout bid from GameStop's Ryan Cohen AP NewsGameStop Offers to Buy eBay for $56 Billion WSJEBay pops as Ryan Cohen says GameStop could issue stock to pay for takeover of much bigger retailer CNBCGameStop makes daring $56 billion bid for eBay, hoping to rival Amazon CNNWhy GameStop's offer for eBay feels weird Axios
|
|
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
|
|
