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Articles on Personal finance

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Recent college graduates owed an average of nearly $30,000 in student loans in 2019. lightspeedshutter/iStock via Getty Images Plus

Student loan debt is costing recent grads much more than just money

Student loan debt can affect not only the financial health of recent grads but also their mental and emotional health. Three scholars weigh in on the greater costs student loans can have on borrowers.
Businesses are structuring their lending practices to exploit loopholes in consumer credit laws. Shutterstock

Four common debt traps: payday loans, consumer leases, blackmail securities and credit ‘management’

Here are the four common lending practices identified by the Australian inquiry into credit and financial services targeted at those at risk of financial hardship.
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Can robots be ‘money doctors’?

Automated portfolio-allocation software can provide financial planning services that meet clients’ financial situations and future goals. But can it help investors make more rational decisions?
Financial decisions can be a real maze. Andrii Vodolazhskyi/Shutterstock.com

Why we hate making financial decisions – and what to do about it

Research suggests that the reason people may put off funding their 401(k) plans or managing credit card debt is because our perception of finance as ‘cold’ conflicts with our hot-blooded emotions.

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