Have you heard the saying, “Children are a map of their parents”? When it comes to financial matters this could be a a good thing or a huge problem, as many of today’s working Americans have not done a great job of saving and planning for the future. (more…)
Back to School time is extremely hectic, not just for kids, but for parents too. It requires a transition from laid-back, easy-going schedules to regimented structure and lots and lots of activities. It’s no wonder that 55% of parents are stressed out about the back to school season. I certainly am no exception. I dread the hectic back-to-school pace, but there are a few things that help me make the transition less stressful. Hopefully these tips can help you and your family make the return to school a little less crazy too. (more…)
When it comes to savings, the gender savings gap is huge. A recent study1 indicated that women have 50% lower savings than their male counterparts. There are a number of reasons that this disparity exists, among these are that on average women earn lower salaries than their male counterparts and will spend fewer years in the workforce. However, there are actions that women can take right now, that will help improve their savings and provide a bridge to end the gender savings gap. (more…)
We live in a high-tech world where information about all topics under the sun is available at your fingertips. We are moving toward self-service and automatic access to everything. I love that I can look at my checking account balance on my phone; I love that I can make dinner reservations with a couple of clicks, and I love that I can confirm a dentist appointment with a one-letter text message response.
While high-tech solutions offer tremendous convenience, some things are still much better when they are high-touch. One of these things is retirement planning and creating a financial plan for the future. (more…)