The Glass-Steagall Act is a piece of financial legislation that dates to the Great Depression and has been partially dismantled but remains strikingly relevant today. The act has popped up repeatedly in a political context in recent months, and its future remains an open question. Glass-Steagall was part of a broader set of 1933 regulations that prohibited FDIC-insured banks from investing in anything other than government bonds and similarly low-risk vehicles. The law has spent the last 20 years under near-constant debate…

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WEAR SUNSCREEN. WEAR SUNSCREEN ON YOUR FACE. WEAR SUNSCREEN ON YOUR BODY. WEAR SUNSCREEN ON THE BOTTOM OF YOUR FEET CAUSE MOST OF US FORGET TO DO THAT PART. WEAR SUNSCREEN BEHIND YOUR EARS. WEAR SUNSCREEN ON YOUR EYELIDS AND DON’T DO WHAT I DID IN JR. HIGH WHICH WAS TO PUT VASELINE ON MY EYELIDS AS AN EYESHADOW PRIMER AND THEN GO TO THE BEACH.  YOU WILL HAVE RED BURNED SKIN EYESHADOW FOR WEEKS.  AND RED ISN’T EVEN A…

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Big life decisions await you in your 20s. Should you get married? Change jobs? Start a family? Buy a home? Travel the world? No matter what path you choose — and when — building healthy habits around money management now will help you meet your goals later. “Habits are really what’s important,” says Jason Kirsch, a financial advisor in Santa Monica, California. “If you build a habit of doing something, day in and day out, those compound over years.” Preparation is key for most…

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Ok everyone go out now and buy a SKIN BRUSH.  That’s right. A brush for yo skin.  (And I don’t even own a brush for mah hair so you know I’m not getting paid for this promotion).  You will initially think this is stupid, but I promise skin brushing has major health benefits and leaves you looking FRESSSSSSSSSSSSSH.  SO FRESH.     Sit back for the science portion.  We all remember that the skin on your bod is the largest…

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For many of the 44 million Americans with student loan debt looking to buy a home, qualifying for a mortgage just got a bit easier. Housing giant Fannie Mae this week issued new guidelines about how lenders should evaluate mortgage applicants who have student loans — particularly borrowers on income-driven repayment plans. The changes are a response to anxiety among student loan borrowers that having student debt takes homeownership off the table, says Jonathan Lawless, vice president of product development…

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Restaurants and bars attract people from all walks of life. A good meal and a strong libation seem to have a fairly universal appeal! As we stated last week, while each guest is unique, there are common needs that pop up around similar types of people. When I was slinging beef and California Cabs, our most frequent guest was of the corporate/expense account variety, so for the sake of this particular exercise we will use a “suit” as our test…

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Marcus Garrett is a natural spender. Saving money, on the other hand, was more of an acquired skill, the importance of which the 34-year-old audit manager learned only after getting into $30,000 worth of debt. Despite having dug himself into a hole, he managed to claw his way out. Whether you’re saving money to eliminate debt or for a different reason, Garrett’s process could work well for you. Marcus Garrett didn’t get out of debt overnight, but his process could…

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Student loan refinancing can save money and simplify payments. But because of tough eligibility requirements, many borrowers don’t qualify. When you refinance, a private lender pays off your existing loans and replaces them with a new one. The goal is to save money by qualifying for a lower interest rate, but lenders generally won’t work with applicants who are between jobs or have a low credit score. If you don’t meet the qualifications for student loan refinancing, use these strategies…

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Greetings friends! After spending a decade at a couple of NYC’s top steakhouses, I managed to learn a thing or two. One night, I realized that in virtually every shift, at least 2 of my coworkers would pick my brain on how I managed to always get some great wines down on my tables, so I decided to put together a simple sales tutorial. My teammates found it very helpful, so I figured why not share it with you guys!…

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Navient Corp., the nation’s largest student loan servicer, is facing three lawsuits alleging that it harmed student loan borrowers throughout the repayment process. The U.S. Consumer Financial Protection Bureau and the Illinois and Washington attorneys general sued Navient in January. Among other things, the CFPB alleges that since at least January 2010, Navient misallocated payments, steered struggling borrowers toward multiple forbearances instead of income-driven repayment plans, and provided unclear information about how to re-enroll in income-driven repayment plans and how…

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