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Finance

You got into college. Now, how to decipher your financial aid offers.

By ANNA HELHOSKI of NerdWallet
May 05, 2019 6:11 am - With college acceptances in hand, now comes the hard part: understanding your financial aid offers. These letters are notorious for being laden with jargon that differs ...
How to make a home down payment without wrecking your finances

By BARBARA MARQUAND of NerdWallet
May 05, 2019 6:00 am - Maximizing a home down payment can make sense: The bigger the down payment, the lower the monthly mortgage bill and the better the chance of building equity more quickly...
Income can peak before you're ready (and what that means for retirement)

By LIZ WESTON of NerdWallet
May 05, 2019 6:00 am - Most retirement calculators are optimistic to a fault. They assume our incomes will rise throughout our working lives, or at least stay roughly the same. In reality, our...
Adjustable-rate mortgages: Are they worth it?

Michele Lerner The Washington Post
May 05, 2019 6:00 am - Adjustable-rate mortgages, known as ARMs, are back, despite having earned a bad reputation at the height of the housing crisis. Post-crisis borrowers saw them as risky b...
Byline Bancorp acquires Oak Park River Forest Bankshares

May 02, 2019 1:00 am - CHICAGO - Byline Bancorp, the parent company of Byline Bank, has completed its acquisition of Oak Park River Forest Bankshares Inc in a stock transaction valued at appro...
Wintrust earns top J.D. Power satisfaction rating

May 01, 2019 1:00 am - ROSEMONT - Wintrust Financial Corp. received the J.D. Power Award for ranking highest in the J.D. Power 2019 U.S. Retail Banking Satisfaction Study for the Midwest regio...
Why America's elderly are twice as likely to work now than in 1985

By Suzanne Woolley Bloomberg
Apr 28, 2019 6:15 am - Just as single-income families began to vanish in the last century, many of America's elderly are now forgoing retirement for the same reason: They don't have enough mon...
Analysis: Is forcing students to study personal finance a waste of time?

Timothy Ogden The Washington Post
Apr 28, 2019 6:10 am - It's post-tax/pre-graduation season, when articles about making better financial decisions crop up faster than spring flowers. Each year around this time, you can expect...
Millennials, are you robbing the Bank of Mom and Dad?

By MELISSA LAMBARENA of NerdWallet
Apr 28, 2019 6:00 am - When Melanie Lockert graduated with a master's in performance studies in 2011, she was overwhelmed with student loans. Her many attempts to tap the Bank of Mom and Dad h...
Saving for retirement is hard. Knowing how to spend it down is harder.

By Thomas Heath The Washington Post
Apr 28, 2019 6:00 am - One of the biggest things on my mind these days is retirement. I am a few months from turning 64, so I'm not putting in my notice anytime soon. But 25 million or so Amer...

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