The 7 trillion loss by the stock market earlier this year includes 5 trillion lost by people over 50. It stands to reason that after a lifetime of saving and investing, the older generation, which of course includes the baby boomers, has more to lose in a downturn than the younger ones. It also stands …
Money Advice For Senior Citizens: An Economic Survival Guide Read More »
The Dow has been very volatile lately — cratering for a few weeks, but now making up for massive losses. The Feds are pumping more billions into failing big banks, and bailing out the notorious insurance company called AIG, the financial colossus known as Citi, as well as our greedy automakers. What is one to …
Positive Personal Financial Planning Strategies During A Down Economy Read More »
You may be a “young” retiree, say around 55 years old, wondering what’s about to happen under present and future market conditions, to say nothing of the tremendous recession we are currently experiencing. I’ve got a few questions myself, about our present economic situation, and have checked with some financial experts who recommend the things …
Planning For Retirement? 5 Financial Tips For The Boomer Generation Read More »
Check out my Wesabe review! In my own quest for achieving financial security, I stumbled across a very interesting free online money management tool called Wesabe. Founded in 2005 and recently redesigned, Wesabe offers strong financial planning tools, as well as a very active community of people looking to help each other reach their financial …
Wesabe Review: A Free Online Money Management Tool Read More »
How do we teach our children about money? How do we go about teaching our kids how to handle debt and credit? One of the most frustrating questions a parent has to put up with is: “Why can’t you buy me this…?” I once answered naively that we couldn’t afford the toy, to which my …
Kids and Money: Answering Your Children’s Money Questions Read More »