I realize this isn’t exactly a news flash, but healthcare is expensive. I saw a report recently that a 65-year-old couple will need to spend $295,000 for healthcare over the next 20 years of their lives. It was intended to be shocking news. However, that works out to about $1,230 per month, which is less […]
Weekly roundup of some of the best personal finance articles from around the web. The economy was grim, my dad walked out and every penny mattered: here’s what my childhood taught me about money (USA Today). This one is a wow. Every parent should read it. The “indirect” costs at college can involve nasty surprises […]
You’re probably familiar with the concept of compounding returns — the idea that if you invest some money and it earns some money, those earnings will then earn money, and those earnings will then earn money, and on and on, eventually turning into a lot. For example, let’s say a young person was wise beyond […]
Weekly roundup of some of the best personal finance articles from around the web. Consider what you gain before spending your hard earned money (Money Ning). Have any somewhat substantial purchases on your radar screen? Ask these questions first. Embrace fate before it embraces you (A Teachable Moment). Life is short. Make your decisions — […]
An endless number of studies have documented people’s general lack of financial preparedness for their later years. As just one example, the Employee Benefit Research Institute (EBRI) says that among workers age 55 and older, 49% have less than $250,000 saved for retirement (30% have less than $50,000). No amount of finger-wagging lectures seems to […]
Weekly roundup of some of the best personal finance articles from around the web. College students weigh costs of online classes or pausing their education during the pandemic (CBS Money Watch). For many students, the pandemic has made taking a gap year look more appealing. But going that route may come at a high cost. […]
Everyone has heard the advice, “It doesn’t hurt to ask.” But my experience has been far better than that. Time and time again, I’ve seen that it often pays to ask. Just by asking, I’ve gotten fees waived, better tables at restaurants, lower prices on newspaper subscriptions, an iPhone 6 for $1 (back when iPhone […]
Weekly roundup of some of the best personal finance articles from around the web. How rich people go broke (A Wealth of Common Sense). Even A-list movie stars make financial mistakes. Learn from Robert Di Nero’s miscues. 5 unexpected ways doing a budget will change your life (Live Your Wage). It’s simply the most powerful […]
It’s been a wild ride in the stock market this year — from an all-time high in mid February to a 34% drop over the next 16 trading days to a roaring comeback. And who knows what’ll happen next? This year has highlighted the importance of following a trustworthy investment strategy. I went on something […]
Weekly roundup of some of the best personal finance articles from around the web. A practical guide to making children a part of your minimalist lifestyle (The Better India). The best way to cut down on kid-stuff clutter (and all the rest of your extra stuff). How to claim your $25 from Apple’s battery slowdown […]
