this. Youíve been invited to a meeting; when you get there you
realize itís the first meeting after your own death. You canít
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."
the hot seat
an aspiring entrepreneur seeking money from angel investors, youíd
better be prepared with a snappy pitch to get their attention.
Great Recession becoming a distant bad memory, people are once again
thinking about the future ≠ó including retirement planning.
But the recent economic
setbacks have left many wary of the market and the security of their
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, itís
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."
employment in todayís 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.
us have financial goals, whether it is to retire at a reasonable
age, fund our childrenís education, do some traveling or simply
manage debt. While overall plans havenít changed, peopleís
attitudes have gone through a period of adjustment ó and thatís
occurring across all age groups, local industry experts say.
Yip: Don't wait to prepare for financial life without a spouse 11-24-14
Anderson has been dealing with the financial fallout of her husbandís
a mess," said Anderson, of Dallas, whose husband died in a
plane crash in September. "We were on the verge of opening a
day for holiday deals? Not necessarily Black Friday 11-24-14
ó Those who would rather choke on a wishbone than forgo pecan pie
for Thanksgiving Day sales or venture into the Black Friday madness
might be happy to hear that the weekendís deals may be just the
tip of the iceberg.
Smart: Common heating myths that can raise energy bills 11-17-14
about saving money on home heating costs abounds this time of year,
but some of it is oversimplified, marketing hype or just plain
wrong, while some long-standing myths persist about keeping warm on
Journey: Risk tolerance matters when making cash-flow decisions11-17-14
Iím retired, 71, and living on my Social Security and a pension
totaling $3,200 monthly. I have an IRA worth $412,000 sitting out of
the stock market and another $38,000 in a savings account.
drug prices skyrocket in past year 11-17-14
ó After calling for a routine prescription refill, Craig Elliott
got a rude shock: His bill was going up fivefold.
health insurance changes on the way 11-11-14
are increasingly pushing enrollment in high-deductible, low-premium
health insurance plans, according to benefits experts, which means
it might be time to break out the calculator and reconsider current
Smart: Simple antenna can help kick costly cable TV habit 11-03-14
people rethink ways to get television programming outside the
traditional cable and satellite companies, the unsung TV antenna is
becoming a fundamental component of their cord-cutting strategy.
your loved one's end-of-life wishes while you can 10-27-14
the most serious of responsibilities to be bestowed upon you: the
power to make medical decisions for your loved one in case he or she
a move? Let a personal shopper find deals on utilities 10-20-14
ó Moving can be a pain. Thereís an endless list of tasks, such
as making sure you have electricity, cable, Internet and other
utilities that make a house hum.
Smart: Frugal ways for singles to save on food costs 10-20-14
people, who now make up the majority of American adults, often have
spending and saving concerns that differ from those of married
rents slipping away 10-20-14
growing number of renters across the country, Christene James of
Jackson, Miss., is near the end of her rope
survival mode in the rearview mirror 10-13-14
Rhionna Watson are very good at making their money go a long way.
They have to be. On
a modest combined income the couple have raised three children,
earned college degrees, started careers and remained steadfast
contributors to their church.
and mission: When investments conflict with philanthropy 10-13-14
D. and Catherine T. MacArthur Foundation last month made headlines
around the nation for unveiling the latest winners of its
Smart: Working through phone warranty options 10-06-14
comes to insurance products, extended warranties are the black sheep
of the family, regularly derided by consumer advocates as being too
expensive for the protection they provide.
consumers going on saving spree, looking for deals
between flat wages and rising prices, many middle-class consumers
are feeling poor.
Smart: What you can do with your old phones
consumers rushing to buy the new iPhone 6, Moto X or any other
late-model smartphone, a related industry is bustling: recommerce
companies that will buy your old smartphone, sometimes for hundreds
cards are back, but in a more sensible way 09-22-14
ó Americaís torrid love affair with the credit card appears
over. In its place is a less passionate, more stable relationship.
MarksJarvis: Benefits, not just paychecks, have fallen on hard times
have been disappointing investors for years, but thatís not all
thatís been putting pressure on household spending.
Smart: Are airport security fast lanes worth your money? 09-09-14
vs. cash. We pay for all sorts of services to avoid hassle and
stress. Should paying for TSA Precheck to speed through airport
security screening be one of them?
Home Economist: Is it really a bargain? 09-02-14
of us, Michelle Levy, 44, loves a deal. So after the president of a
DJ management company heard about a good facialist ó and then saw
that same salon selling the service on a group discount website ó
she clicked quickly.
smart: Information you can bank on 08-25-14
bustle of everyday life, it can be difficult to keep up with all the
trends and issues that affect your wallet as a consumer.
saver prepared for retirement 08-18-14
35, enjoys her career as a research-and-development engineer for a
medical-equipment maker in the Seattle area.
MarksJarvis: Considering taking a loan out of your 401(k)? Read this
wife stopped working and started staying home when we had our little
ones. Now we have a lot of credit card debt weíd like to get rid
shopping a chance to teach financial tips to kids 08-11-14
not, Labor Day is a few weeks away, which means so is another school
out these little life luxuries and save money 08-11-14
programmed to believe "the more things we have, the
better," said Louis Manza, psychology professor at Lebanon
Valley College, Annville, Pa.
online accounts after death 08-04-14
Del. ó When Donna Johnsonís father died suddenly of a massive
heart attack, her mother tried to get access to his email account
and digital photo repository.
Yip: All families need to have the financial 'talk' 07-28-14
the conversation that many families put off. And then put off some
the talk between elderly parents and their adult children about the
the alphabet soup of advisers 07-21-14
Cohen and Barry Berg, of Maplewood, N.J., handled their own finances
for years. But when their special-needs son, Julian, turned 18 in
2013, they had a docket of financial decisions to make for the young
man, born with Fragile X syndrome.
'stuff' can be a burden for boomers 07-14-14
parent is an inevitable hurdle in life. And for baby boomers, whose
aging parents are often in their 80s and 90s, itís an imminent
agree debt is a double-edged sword 07-14-14
credit, or not use credit? That is the question. The
answer really depends on whom you ask. Even the experts donít