Everybody wants a solid financial plan, yet more than 40% of Americans don’t have one. Unless you develop a formal strategy – such as a written plan – you might well find any financial goal elusive. Here are nine tips for planning.
Did you know that the average adult in the U.S. carries $5,596 in consumer debt? That fact alone might account for credit cards’ bad rap. Your careless use of credit can wreak havoc on your finances in a variety of ways.
You share life and all your love with your spouse or partner, but is one of you detached from money matters? Here’s why and how to find more balance in your financial decision-making.
The winding down of sun and fun marks a good time to check on your financial health. Here are five important tactics for the rest of summer.
Generation X, retirement isn’t far off. With the oldest of this age group turning 50, here are some things Gen Xers should do, today.
In New Jersey, where I live, we are once again in a rain drought – an annual event for us. Thankfully we haven’t seen a similar drought in the stock market for several years. You need to plan for either kind of dry-up, whether as a gardener trying to save azaleas or an investor hoping to avoid total repair of your portfolio.
Trouble talking money with your honey? Do you just defer to your partner? Money remains a major reason couples split, and here’s how you can douse the arguments before they ignite.
When you were a kid, did you fear monsters hiding in your closet or under your bed? You’re no kid anymore and new fears haunt you – such as running out of money in retirement after a lifetime of watching prices go up. You can still plan now to enjoy enough to spend as well as how to spend it.
If you’re like many young adults, having children is one of the biggest life-altering choices you’ll ever make. Joy, stress, excitement, exhaustion, hundreds of books on how to not screw up and thousands of bucks to prepare your little one: Your plate is now loaded. Here are some considerations to make sure you’re prepared – at least in terms of money.
In a perfect world, parents and educators (not to mention society) work hard to make sure that children are financially literate and consider money skills just as important as reading, writing and arithmetic. Our world sure doesn’t work like that, and you need to help your young kids learn basic financial skills the old-fashioned way: Teach by doing.