Many younger people today lack financial education, so it is important to teach the younger generations in your life some basic money tips to help them out in life. You can start at a young age by offering simple examples of financial principles and working through them slowly. For example, learning about compounding is vital […]
Many investors are interested in Socially Responsible Investment (SRI) policies. An SRI precludes investment in companies that produce harmful products such as tobacco or arms or in companies with harmful practices such as child labor infractions. As recently as a few years ago, such policies were expensive and limited investment opportunities. Today there are a […]
In order to maintain a financially healthy lifestyle, an individual needs to establish a budget in accordance with their needs and the amount of money they have available to them. The most important factors of a budget are that the goals the individual sets for themselves are reasonable, and that the individual making the budget […]
Our mindset about the way we think about aspects of our life is sort of like a program. Within the parameters of the program, we make decisions about all sorts of things, including money and finances. With the wrong kind of mindset, one can dig themselves further into debt and financial woe. People who are […]
In the book “How Champions Think” by Dr. Bob Rotella, the author discusses how “champions” have both extreme talent and only think about success. This advice of not thinking about bad things and not being apprehensive may, however, cause people to be unprepared for when disaster does strike. May, is Disability Insurance Awareness Month, and […]
Auto insurance premiums are increasingly being influenced by technology. One example is where insurers have partnered with technology companies to monitor drivers. This allows the insurer to track individual vehicles and record each driver’s behavior. Participation in these programs is often associated with a discount and can frequently lower premium rates for safe drivers. Even […]
In a tribute to her father for this upcoming Father’s Day, Kerry Hannon recalls the life lessons her father instilled in her, and how that translated to giving her the confidence to reach for her dream jobs. Together, they are brave and thorough, creating manageable plans with which to take dreams jobs and turn them […]
Millennials need to face the facts that managing finances is an important part of becoming an adult. Nicole Slavitt, CEO of the financial management firm Kapitall, gives some quick tips in this article that will help millennials and non-millennials alike avoid the classic mistakes that can lead to financial ruin. First, you don’t have to […]
Many retirees run into a big problem when they first retire: they confuse happiness at being retired with being fulfilled in retirement. However, those are not the same, and when the happiness of “I don’t have to go to work today!” ends many retirees are left feeling confused, lost, and as though they have no […]
Finance journalist Jean Chatzky gives tips on how to take control of your finances and how to navigate through uncertain waters as you approach financial implications from situations like borrowing, debt, and day to day living. Inside are the five most important rules from among the hundreds outlined in Chatzky’s bestseller, Money Rules. The five […]
