It's common for people to see layoffs in the news or hear a rumor at work and enter a state of panic. But this can lead to financial overreactions.

"You took money, and you killed it," Shark Tank's Kevin O'Leary says of this financial move.

One issue? Cars are infamous for how quickly they depreciate.

For every $1 invested into a fund that tracks the Nasdaq-100, 46 cents are allocated to just 10 stocks. The other 54 cents are spread across the remaining 90 stocks.

The first step is to weigh your immediate financial needs against your long-term career.

In a recent report, over half of working caregivers said caring for a family member had a negative impact on saving for emergencies.