Submitted by Manisha Thakor on Tue, 02/18/2014 - 3:00pm
If mention of your 2014 financial resolutions now makes you cringe, you’re not alone. Here’s how to get back on track, akin to improving your physical health.
It’s still plenty early for you to turn your good financial intentions into actionable steps and repeatable systems. All behavior change – weight loss, positive attitudes, money management, among others – involves creating new, healthier thinking step-by-step.
Submitted by Eve Kaplan on Tue, 02/11/2014 - 3:00pm
February is for romance, roses and chocolate. Let February also be when you review your free annual credit reports. Here’s how.
First, reviewing your credit reports helps nip identity theft in the bud. The recent large-scale theft of credit card information at retail giant Target reminds us of the pervasive problem of identity theft.
Submitted by Jeff Rose on Mon, 02/10/2014 - 3:00pm
Peer-to-peer lending (P2P), an online exchange where you lend money to others, can snag you a healthy return as an investor. The attraction if you are a borrower is that P2P can also help you escape high-interest debt.
Submitted by Manisha Thakor on Wed, 02/05/2014 - 3:00pm
You give to your kids, in one way or another, their whole lives. Your financial generosity must taper when the children grow to adults. Here’s why and how to cut back.
Speaking recently about financial literacy at a conference, I received energetic applause when I argued it was unhealthy to give kids everything they ask for. I specified that this also goes for adult children who boomerang back into their parents’ lives. The cheers grew a lot louder.
Submitted by Mary Beth Storjohann on Fri, 01/17/2014 - 3:00pm
Your net worth, representing your assets minus any liabilities or debt, measures your financial health. One of the first steps on your path to workable wealth: Calculate your net worth to give you a starting point to look back on in the future.
Maintaining a positive net worth not only keeps you on a positive financial course; it helps you qualify for loans and more attractive credit terms – saving you a lot of money over the long run.
Submitted by Brenda P. Wenning on Tue, 12/17/2013 - 9:00am
If the United States relies on China as its main lender, what happens when China is having difficulties with its debt? Perhaps the world’s second largest economy is not as inexorable as advertised.
We may soon find out how the debt problem will evolve. As the Financial Timesreported, “several banks have had to delay or dramatically reduce Chinese bond issues as the impact of a tight onshore credit market begins to be felt.”
Submitted by Jeff Rose on Mon, 12/16/2013 - 12:00pm
Many loved ones have a debt problem. If they are not responsible around money, do not be shy: Confront them with their problems and help them find solutions.
When I was a kid my father bought me every G.I. Joe I wanted and I thought nothing of it. My father did anything to support me. He never hesitated to tell me how much he loved me and I always let him know how much I loved him back.