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 »
Finally, the spouse has come back from out of town to relieve me of my “single parent” status. It has been an exhausting day (and week) for me, what with all the summer activities my kids are now beginning to participate in. But as usual, I have carved out a little time to reflect on …
Personal Finance Tips, How To Be Productive: The Roundup Read More »
It’s been a rough week without my spouse, who’s in Australia at the moment visiting family. I spent most of the day driving my kids around to various activities. I can’t imagine how single parents do it all! Anyway, I got a chance to sneak in a few reads: Cool Financial Articles One Mint: Your …
List of Traveling Tips, Your Propensity To Consume: The Roundup Read More »
Can baby boomers afford to retire? Image by MinnPost.com Affording Retirement My best friend is 77 years old. He doesn’t qualify as a baby boomer and yet he shares some of their concerns. The house he bought 10 years ago — he was working in Central America as a lay missionary before returning to the …
Want to be a millionaire? How many self-help books are there on how to become a millionaire overnight? You can bet that a lot of self-help authors are trying their best to strike it big by selling a million books to one million gullible readers. So we just told you the quickest way to become …
Here are some articles I had a chance to digest this past week. Enjoy! Personal Financial Articles From the Carnival of Personal Finance held at Wide Open Wallet, the following pieces struck a chord with me: Tough Money Love talks about how money may satisfy, but does not bring happiness. To me though, I find …
Take Any Job and Wonder About The American Dream @ The Carnivals Read More »
“Do you live to buy, or do you buy to live?” I was watching a Suze Orman show the other night quite by accident, as I normally prefer to rest my brain after a whole day dealing with restless and hormone-crazy teenagers at the local high school. In the show, a caller asked how she …
Facing Financial Responsibility: Personal Financial Planning Begins At Home Read More »
Do you have a trust fund as part of your estate plan? From the days when I knew nothing about finance, I remember hearing the words, “Trust Fund.” Well, it wasn’t until recently that I took the time to learn more about this subject. I bet that if I were to ask 10 people to …