Consumer Items

Improving Your Credit Score

Your credit score is like the GPA of your finances. To get better financial options in the future, you should know your credit score and how you can improve it if necessary.

Your credit score plays a role in almost every financial aspect of your life. Banks check your credit score to determine whether or not to approve you for credit and how much you pay in interest charges. Your landlord may ask for your credit score for your lease application, and more and more employers are interested in it as a way to measure how responsible you are.

The Feel-Good Shopper

While shopping can make you happy for a while, it has the potential to hurt your financial future in the long run. What is ominous is that half of Americans shop to feel better.

“It’s not just shopping, it’s retail therapy.” As a bumper sticker or a joke between friends, this may be amusing. But if shopping is a significant way to relieve stress, the expression isn’t so funny.

Ebola and Travel Dreams

The West African Ebola outbreak has made headlines. Should you be afraid of this hideous disease? I’m off for a trip to Africa: Should I be afraid? No and no. Unreasonable fear should not deter you from travel.

Dating Money Talk

One of the challenges at the beginning of a romantic relationship is having the conversation about money. What questions are OK to ask, and when? How do you bring the subject up without seeming like a braggart, a coldhearted miser, or someone looking for a meal ticket?

There really ought to be some rules of etiquette for exploring this essential topic; something like, “by the third date, it’s appropriate to start undressing financially.” Unfortunately, we don’t have such guidelines.

Spending Money Right

It isn’t how much you earn that makes you rich, it’s how much you keep — your net worth. And it isn’t how much you are worth that makes you happy; it’s what you spend it on.

Luxury Purchases: A How-To

What’s on your dream list? A yacht? A Lamborghini? Or a house in a summer resort? Well into your career and financially secure with extra money to spend, you now look for a treat, a reward for all the hard work of your youth. Advisors, however, have some important caveats for you when you plan to make such luxury purchases.

Cheap Canadian Drugs: Why?

Drugs in Canada are cheaper than in America because our neighbors to the north impose price controls on them. Periodically, some U.S. politicians call for a similar system in this country. Bad idea: That would choke off innovation, which occurs here, not in Canada.

The reason Canadians pay less is that U.S. drug makers, who develop the new treatments at great cost, can recoup their money in the American market. Canada gets a free ride when buying our drugs.

Getting Financially Fit

Like maintaining your physical health, finances fitness takes consistent effort and discipline.

Investments in 2020

The pace of recovery makes most investors edgy, yet regardless of the short-term pains, the years leading up to 2020 promise to be big, exciting and rewarding with all the opportunities surrounding technology and innovation.

Apple, High-Flying Value Stock

It’s not every day that a hot tech stock is also a value play. Apple, the highest market value company in the world (a distinction it trades with Exxon Mobil), has that distinction. And even though some worry that this innovation mill will peter out now that founder Steve Jobs is dead, there’s ample evidence that what was once known as Apple Computer still has its mojo.

Pages

Subscribe to RSS - Consumer Items