Submitted by Brenda P. Wenning on Mon, 04/21/2014 - 9:00am
The Federal Reserve’s new practice of open communication with the public still is an exercise in baffle-gab. The Fed regularly uses language that no one understands, because if America’s taxpayers really knew what’s happening, they’d totally freak.
Submitted by Lewis J. Walker on Thu, 04/17/2014 - 12:00pm
Wealth starts with a goal, discipline, and saving a dollar at a time. Call it the piggy bank strategy. There are lessons in that time-honored coin-savings container.
Any seemingly gargantuan task seems easier to contemplate when reduced to baby steps. If you wished to climb a 12,000-foot mountain, and could do it a day at a time, you would only have to climb 33 feet daily to reach your summit.
Submitted by Josh Patrick on Wed, 04/16/2014 - 12:00pm
For some, “wealth management” means managing money. For others, setting up estate planning. For still others, planning how to protect assets. There’s no right universal answer – but the answer for you dictates your entire investing and saving philosophy.
Submitted by Joseph A. Clark on Wed, 04/09/2014 - 9:00am
Most people think inflation is bad on its face. But one school of economic thought holds that a little inflation is a good thing, if it is confined to assets like stocks and real estate. But if it spills over to the supermarket or the gas station, no one is an inflation fan. Our central bank’s policy is to goose asset prices, thus getting the sluggish economy finally moving. Trouble is, that kind of precision is a tall order.
Submitted by Maureen Crimmins on Mon, 03/31/2014 - 12:00pm
Your pet cuddles, purrs, flies, slithers or otherwise takes over your heart. Your little buddy can also empty your wallet fast as prices for food and other pet services mount. When figuring out your family budget, do not neglect to count the many day-to-day costs of animal ownership.
I can’t imagine our house without our 11-year-old Labrador retriever, Taxi. If you’re sick, she’s there; if you’re happy, she’s happy. If you have popcorn you’re her best friend.
Submitted by Lewis J. Walker on Thu, 03/27/2014 - 3:00pm
Trip planning is complex, involving everything from budgeting to itineraries to questions about comfort. How to fly to your destination without suffering is a major consideration. Here’s how to do it without getting squeezed both financially and physically.
There are two measures of airplane seat comfort. “Width” is the size of the seat in inches across. “Pitch” is the distance between your seat and the seat in front of you. As airlines pursue increased revenues, they squeeze more seats into economy sections on many aircraft, decreasing both width and pitch.
Submitted by Mary Beth Storjohann on Fri, 03/21/2014 - 3:00pm
Your credit score ranks as one of the most important numbers in your young adult life. Here’s what to know as you build one.
This three-digit number acts as your financial report card, representing your creditworthiness and an indication to potential lenders of the likelihood that you pay debts on time. If you’re a millennial, born in the 1980s and early 1990s, you must start building this indispensable tool of financial adulthood.
Submitted by Adam Glassberg on Thu, 03/13/2014 - 12:00pm
Your financial planning revolves around what you control. Here’s how to take charge of your budgeting fundamentals.
We can’t control stock market returns, tax rates or unexpected events. We can plan to mitigate risks through diversification, tax planning and insurance. Of all areas in financial planning, we most control our income, expenses and savings, making it extremely important to create a workable budget.