Savings

Kevin O'Leary discussed his top tips for new entrepreneurs and everday Americans with Bilt Rewards CEO Ankur Jain, shared exclusively with FOX Business.

A 401(k) loan can help you pay off debt, but it can harm your retirement savings and become a repeat move depending on various factors, one study found. Here's what to know about 401(k) loans.

Growing wealth involves a lot of time, dedication and hard work. In order to reach your first million, you'll need to lower expenses, increase income and make smart investments.

When it comes to growing your savings, creating goals and paying down debts are two important steps to take toward a financially secure future.

Social Security could run out of money to make full benefits payments in 2033, spurring as much as $23,000 in benefits cuts for retirees, a study found. Here’s what you need to know.

After accumulating record breaking excess savings in the COVID-19 recession, Americans could soon deplete these reserves, the San Francisco Fed reported.

Most Americans believe the economy is in bad shape, but the majority also say their finances are well, according to a poll. Still, inflation and high interest rates could impact the finances of Americans as the economy remains the top concern going into the presidential election.

With a government shutdown looming, student loan borrowers could face more headaches once student loan repayments resume after a three year pause. Here’s what you need to know.

Inflation is taking a toll on back-to-school shopping expenses in 2023 as parents struggle with funding their children's education, supplies and extracurriculars, according to a survey.

High-yield savings accounts are offering attractive returns to some savers with the Federal Reserve holding interest rates at the highest level since 2001.

Average 401(k) and IRA balances have risen for three straight quarters, Fidelity reported. But some savers face particular hurdles.

Personal loans have helped many Americans pay down high-interest debt and improve their credit scores amid high inflation and economic uncertainty, according to a report by TransUnion.

High mortgage rates have brought average monthly mortgage payments to near-record highs as Americans deal with economic uncertainty. But there are ways to lower your monthly mortgage payments.

There are many ways to lower student loan payments or get forgiveness. These include the Saving on A Valuable Education (SAVE) plan, income-driven repayment (IDR) plans, public service loan forgiveness (PSLF) and more.

Americans with high-interest debt have several options to pay it off including personal loans, balance transfer cards and borrowing from home equity.

Gross domestic product (GDP) increased in Q2 2023 and signs of a strong economy could push the Fed to raise interest rates again. This could have a major impact on consumer debt.

The IRS announced a delay for changes under the Secure 2.0 Act to Americans' catch-up contributions to retirement accounts, allowing those to be made on a pretax basis through 2025.

Americans are relying on credit cards and many said they can’t pay off their balances, according to a Quicken survey.