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JIM MILLER
'SAVVY SENIOR'

 

 

 
Credit card hacking
Although credit card companies and financial institutions are becoming smarter about protecting people’s personal information online, credit card fraud and identity theft are still very real threats.
Millennials and managing money
While millennials have been labeled with negative stereotypes like materialistic and entitled, the reality is that crippling debt and lack of employment opportunities have significantly impacted this generation’s financial future.
Estate essentials
"Picture this. You’ve been invited to a meeting; when you get there you realize it’s the first meeting after your own death. You can’t say anything. You can only observe. What do you see? Is your family celebrating your life or are they sitting there helpless not knowing what to do or whom to trust." 
In the hot seat
If you’re an aspiring entrepreneur seeking money from angel investors, you’d better be prepared with a snappy pitch to get their attention.
The new normal
With the Great Recession becoming a distant bad memory, people are once again thinking about the future ­— including retirement planning. But the recent economic setbacks have left many wary of the market and the security of their retirement investments.
Fiscal fitness
When it comes to wealth management, there are several ways good intentions can go awry. Our panel of experts outlines five common mistakes and advises how to avoid them. Knowledge is power, and in this case, it’s profitable.

Creative Sisterhood
Growing up in Glendale with six siblings in a single-parent household, the Bendfeldt sisters learned to be resourceful at an early age. "We were forced to be MacGyvers," says Amy Bendfeldt Barnum. "If there was something we wanted, we had to get creative."
Hot jobs
Gaining employment in today’s marketplace depends on the ability to offer relevant skills, especially those considered "nonroutine analytical," says Dennis Winters, chief economist for the Wisconsin Department of Workforce Development.

Managing your wealth
Most of us have financial goals, whether it is to retire at a reasonable age, fund our children’s education, do some traveling or simply manage debt. While overall plans haven’t changed, people’s attitudes have gone through a period of adjustment — and that’s occurring across all age groups, local industry experts say.

When paying cash for a prescription is cheaper than using insurance 07-13-15
PITTSBURGH — Charles Conn stopped in to see his pharmacist to fill a prescription for a cough that had persisted for a month. Once he saw how much the medication cost, he could have used a side order of blood pressure pills.
Gail MarksJarvis: What Greece and China troubles mean for your savings 07-13-15
China and Greece depressed American savings in 401(k)s and college and retirement accounts this week and then healed much of the loss by the weekend.
Susan Tompor: How do you land that job after college? 07-06-15
Katie Diekman, 22, is looking forward to a "gap" year after graduating with a bachelor’s degree from the University of Michigan in May.
The Journey: Shared housing can provide financial security for retirees 07-06-15
When Rika Mead retired, and divorced, two years ago, the idea of taking on a roommate wasn’t high on her list of priorities.
Getting Started: Tips for 20-somethings to handle finances 07-06-15
Finding a job, renting an apartment, repaying student loans — when you’re just starting out, getting on your financial feet can be overwhelming.
Gail MarksJarvis: Sallie Krawcheck: Women want pay parity, better financial counseling 06-29-15
If you’re a woman who has resented the size of your paycheck compared to those going to men, Sallie Krawcheck presents a solution.
When it's time to tap emergency savings, 29 percent of Americans have none 06-29-15
WASHINGTON — Nearly 3 in 10 Americans have no emergency savings, the highest level in five years, according to a survey released Tuesday.
Couples and their finances? Study finds many don't communicate enough 06-29-15
Many couples don’t talk enough about financial fundamentals, such as how much they earn or their plans for retirement, a new study found.
Gail MarksJarvis: What you need to know about refinancing student loans 06-22-15
Each year I get about 1,000 questions on financial matters and thought it would be a good idea to share some of them with my answers from time to time in this column.
As push for higher minimum wages spreads, workers begin to envision life in a $15-an-hour world 06-15-15
What has long been a hypothetical question may soon become a real one: What would the national economy look like with a $15-an-hour minimum wage?
No room for growth 'now’ 06-15-15
Child-care assistant Eunice Medina, 23, was thrilled when a $12.25 minimum wage took effect in Oakland, Calif., in March.
Gail MarksJarvis: Half of people near retirement have no savings 06-15-15
Half of U.S. households headed by a person 55 and over haven’t stashed away any retirement savings.
Preparing for his next leap — from stunt work to cooking ventures 06-08-15
LOS ANGELES — Like many Americans in their 50s, Stephen Tartalia wants to begin a second career. He figures it won’t be simple, but it might be a lot less painful.
Gail MarksJarvis: Nearly 529 good reasons to use that plan for college savings 06-01-15
If you needed a new car, you probably wouldn’t pick the first one you saw, you’d drive others and compare prices. You’d want to get the most for your money.
Pamela Yip: Organize your loved one's information before a crisis hits 05-25-15
For caregivers already exhausted from the demands of their duties, devising an organizational system can be a godsend.
Susan Tompor: Are you susceptible to a 'cracking card' scam 05-25-15
Chicago street gangs, rap videos and guys who are skilled at "making paper" are all on the front edge of a scam that’s already cost banks millions of dollars.
Gail MarksJarvis: Don't cry for 2015 college grads - they'll handle student debt just fine 05-25-15
Don’t cry for this year’s college graduates. Or, let’s change that: You might shed a tear for those who are struggling to get good-paying jobs in a still difficult jobs market. 
Gail MarksJarvis: Stocks whipsawed by rising bond yields 05-18-15
Most people don’t attend dress rehearsals so they can figure out how a play might be enacted later.
Pamela Yip: How much college aid is enough? 05-11-15
This is the time of year when many high school students decide where they will attend college. A big factor in that decision for many families is how much financial aid they’ll receive.
States try more tax breaks for seniors 05-11-15
About a half dozen states are considering giving new tax breaks to seniors over 65, although they already enjoy favorable treatment by the federal government and by most states on their income and property taxes.
Getting started: Simple financial plan is a good way to achieve goals 05-11-15
Coming up with a financial plan can be a daunting task no matter what your age, but perhaps even more so when you’re in your 20s and just getting started.
Gail MarksJarvis: Self-employers have options to save for retirement and reduce taxes 05-11-15
If you have a small business and are still stinging from the income taxes you paid Uncle Sam, you can take a simple step now that will get you through tax time in better shape next year.
Gail MarksJarvis: Retirement or kid's college? Better choice might surprise you 05-04-15
No parent wants to be the bad guy. But as they try to figure out whether they should let their children say yes to college acceptances that have just arrived, parents may wonder if they dare give the go-ahead.
Pamela Yip: Proposed 'fiduciary duty' rule for retirement advisers is a good step 04-27-15
The Obama administration’s proposed rule to provide better consumer protection for retirement savings is a welcome move.
Costs of working can add up 04-27-15
For employees who routinely drive to work, buy lunch and can’t get by without a cup of coffee, work-related spending can add up to a tidy sum.
Spending Smart: Protect your medical records from identity theft 04-20-15
Identity theft to many people is not a big deal because it has become synonymous with the minor hassle of dealing with a stolen credit card number. You get another card, and you’re not out any money. And it happens so often, we’ve become numb to data-breach headlines.
Young career couple advised to wait on big expenses 04-13-15
Consumers are busy with their daily lives, making it difficult to keep abreast of all the trends and issues that affect their wallets — household savings, fine print in contracts they sign with companies and insurance shopping, for example.
Spending Smart: Stay on top of latest personal finance issues, offerings 04-06-15
Consumers are busy with their daily lives, making it difficult to keep abreast of all the trends and issues that affect their wallets — household savings, fine print in contracts they sign with companies and insurance shopping, for example.
Pamela Yip: If you get this letter from the IRS, it's legit 03-30-15
A couple concerned about identity theft during income tax-filing season sent me a copy of what they thought was questionable correspondence from the IRS.
Gail MarksJarvis: Few bargains to be found in foreign funds 03-30-15
It seems so obvious. Smart investing means looking for bargains and buying the type of stocks and stock funds that are cheaper than others. On that basis, you might assume that buying a foreign fund now would be just the bargain you should seek.
 























 

 

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