One of the problems of being ultra-wealthy is not knowing what to do with all your money. Sure, it’s a good problem to have, but that doesn’t make it any less of a challenge.

Life insurance is a valuable financial tool that can provide financial help to your loved ones when you’re not around to do so. However, life insurance is also a huge and highly profitable business with the main purpose of taking as much as possible of your hard-earned cash as you are willing to spend, whether you need the coverage or not.

Over the last few years, a throng of money management apps has flooded the smartphone market. If you’re one of those who feels a pencil, paper and calculator is all you need to manage your money, you’re likely skeptical about the actual benefits of using an app. But even if you’re an early adopter who has been using money management software since you bought your first PDA, you are probably not using them to their full potential.

Studies indicate that women are smarter and more educated than men. A Penn medical study concludes that women are better than men at multitasking and creating group-oriented solutions. According to Harvard Business School, they are also better leaders. All of these traits are key qualities for successful entrepreneurs. So why are men twice as likely to run their own business? Why are only 30% of firms owned by women? And why do these businesses only account for 11% of sales and 13% of employment among private-held companies, as the Department of Labor reports?

When you find yourself constantly struggling to pay your bills or drowning in credit card debt, a personal loan can help you regain control over your finances. Personal loans can be difficult to find, especially if you have bad credit, but certainly not impossible. By following a few simple steps, you can greatly improve your chance of successfully finding the right personal loan for your situation.

How much do you spend on entertainment? If you’re anything like the average American, you spend around 5% of your paycheck on entertainment. That has been the average since before the beginning of the Second World War, according to the U.S. Department of Labor.

On August 28, 1963, on the 100-year anniversary of the Emancipation Proclamation, Martin Luther King Jr. led more than 200,000 demonstrators in the March on Washington for Jobs and Freedom. It was then that he delivered his now famous “I have a Dream” speech.

Competition in the credit card industry is so intense, credit card companies are ready to offer all types of perks, rewards and rebates to get your business. This doesn’t mean you shouldn’t be selective. Choose the wrong card or use it in the wrong way, and the endless possibilities of having access to credit can quickly transform into an evil, joy-sapping debt blob.

Thomas Edison is universally recognized as a genius inventor, but he was as good a salesman and businessman as he was a inventor and innovator. Some of his views on money, finance, and monetary policy were so ahead of their time they still sound current and progressive today.

Yes, it is possible to have both a Roth IRA and a traditional IRA. If you qualify, you should have one of each. Why? Two words: tax diversification.