financial planning library

Saving for college, investing in the stock market, online trading, mutual funds for many, these topics are overwhelming. No worries. We'll give you accurate, easy-to-understand information in the Financial Planning section.

How Junk Bonds Work

Featured Article: How Junk Bonds Work

Cash-strapped companies sometimes ask investors for a loan in the form of a junk bond. Should you include this dubiously named security in your portfolio? See more »

10 Tips for Saving Money in College

10 Tips for Saving Money in College

College can be an expensive endeavor, even with scholarships and other kinds of financial aid. However, there are ways to save. From buying used textbooks to choosing the right campus meal plan, here are a few tips. And don't forget to apply for those sch

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Are internships worth it?

Are internships worth it?

Shouldn't a degree be enough to get a job after graduation? And isn't an internship a lot of useless work for little or no pay? Internships, despite little or no pay, are often worth it in the long run if you want to get your foot in the door.

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How 401 k  Plans Work

How 401 k Plans Work

Most of us have heard of it, many of us participate in it and lots of us have no idea what it really is. It makes saving for the golden years a lot easier than it used to be. Find out about 401(k) plans.

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How 529 Plans Work

How 529 Plans Work

Next to saving for retirement, saving for your kids' college education may be one of your most important and rewarding financial feats. In this article we'll outline How 529 Plans Work, ponder the tax benefits and explore the possible drawbacks.

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How Alternative Energy Mutual Funds Work

How Alternative Energy Mutual Funds Work

Oil prices are rising; reserves of oil, coal and natural gas are being depleted; and the continued use of nonrenewable fuels poses threats to the environment. The answer may be alternative energy, but who's going to pay for it?

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How Arbitrage Works

How Arbitrage Works

Bartering and swapping are becoming increasingly popular through the likes of Craigslist, Freecycle and other social networking sites. People are going old-school to cop everything from vegetables to home improvements, without tapping into cash.

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How College Financial Aid Works

How College Financial Aid Works

There's a lot of assistance out there -- the school you've worked toward is within your reach. Find out about getting money for college.

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How do money market accounts work?

How do money market accounts work?

Money market accounts are popular because they usually pay higher interest than savings accounts. So what's the catch? Why shouldn't we all open one?

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How do mutual funds work?

How do mutual funds work?

When you open a mutual fund, you agree to pool your money with other investors for more purchasing power. How do mutual fund companies invest and track your portfolio? And why are mutual funds so popular?

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How do stock options work?

How do stock options work?

Stock options can be beneficial for both employees and employers who provide them. Why do many employees prefer stock options to cold hard cash or better benefits?

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How Estate Freeze Trusts Work

How Estate Freeze Trusts Work

It's a sad but common story: A landowner dies, leaving his heirs in a mound of debt and back taxes. What do they do now? An estate freeze trust can prevent the heirs from falling into this extreme burden.

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How Estate Planning Works

How Estate Planning Works

No one likes to think about their own death. It would be nice if we could live as if we were immortal, never having to worry about what will happen after we're gone. But death is inevitable, and we all need to plan for it.

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How Estate Sales Work

How Estate Sales Work

When you clean out your closet, you may donate items to charity or raise some extra cash with a garage sale. But what do you do when you have to clean out an entire house? An estate sale may be the answer you're looking for.

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How Google Finance Works

How Google Finance Works

With just a few clicks, keep tabs on your investments, get the latest market news and peek at the pay stubs of high-paid CEOs. Google Finance offers these features when you set up your personal portfolio.

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How International Stock Funds Work

How International Stock Funds Work

How can you find investment opportunities halfway around the world? Well, you could pack your bags and live as a nomad, sniffing out potential growth in the developing markets of the world. Or you could invest in an international stock fund.

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How Investment Scams Work

How Investment Scams Work

Investment scams are popular fraud among con artists and can take the form of everything from a too-good-to-be true stock investment to the notorious Nigerian bank account e-mail scheme. So what it is about these cons that have us going against our better judgment? And what does it say about our own capacity for greed?

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How Junk Bonds Work

How Junk Bonds Work

Cash-strapped companies sometimes ask investors for a loan in the form of a junk bond. Should you include this dubiously named security in your portfolio?

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How Keogh Retirement Plans Work

How Keogh Retirement Plans Work

Working for yourself is challenging and sometimes daunting, but it's the single best decision that you ever made. And being the boss gives you substantial control when choosing a retirement strategy, which may include a Keogh retirement plan.

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How Life Insurance Works

How Life Insurance Works

Life insurance is associated with pushy salespeople and other unpleasant stuff -- like dying. But how will your children make do if you should die unexpectedly?

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How Limited Term Trusts Work

How Limited Term Trusts Work

Trust funds aren't just for rich kids, although this concept dates back thousands of years. Limited-term trusts can protect your assets from lawsuits and other threats. It's all up to you.

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