Anemic job gains in March aren’t the workforce’s biggest problem. The official unemployment rate is a sham. To get a more accurate picture of our nation’s torpid job situation, look at a more telling statistic: the still-lofty unemployment level using a broader measure of the labor force than the standard one.
The price to sleep better at night for Lisa was $40,000. That was how much she owed in credit card debt. But getting her to take the painful steps to reduce that debt was tough. For instance, there were the gifts she loved to give to her beloved niece.
The Federal Reserve bases its monetary policy on augury. Thousands of years ago, Roman soothsayers visited the oracles and interpreted the entrails of slaughtered animals. We haven’t advanced much since then, as a review of the Fed’s most recent prophecy shows.
You likely hear all the time about how much couples spend on each other, the kinds of gifts they buy and how all of us can save money delighting our significant others. Less well-known: Most people actually find a mate more attractive if that person freely talks about personal finances.
Each time you whip out your credit card, your purchase and how and when you pay it off contribute to your credit score. That score can determine – or wreck – your ability to buy big-ticket items such as homes. If your score’s low, here are ways to give it a boost.
As a business owner, you’ve heard “cash is king.” And the truth is, it is. Besides the cash that keeps your business operating every day, you need to prepare for extra cash needs you and your business have.
Valentine’s Day, which falls in the bleak month of February, is really about happiness. Some of the best financial advisors don’t deal simply with your financial arrangements. They also delve into how you derive joy from your money and how you avoid falling into soulless materialism.
For those who struggle to save, here’s a tip: keep the money out of your reach.
Giving money to people you love probably makes you happy. Spending money on others also probably makes you happier than spending it on yourself, just as spending money on experiences makes you happier than spending money on things. So does that mean you should max out your credit card to take your entire family on a cruise? Not exactly.
If you lose your job tomorrow, do you have enough money to pay your rent next month? Bad things can happen. Start an emergency fund in three simple steps to cushion you in times of trouble.