Each phase of life
comes with its own set of financial circumstances, goals and
necessities. The question is, how should we be spending, or
saving, our income as we move through different stages?
Locally grown. Locally
sourced. These days it is all about going local. But what about
investing? Can a portfolio be locally sourced? Is it a good idea?
want to start a business, but donít have the start-up money or the
collateral to ask the bank for a loan? And you donít want to ask
friends or family? Do the next best thing ó ask a stranger.
for your retirement
retirement plan on track? How do you know? According to a survey by
Employee Benefit Research Institute, 60 percent of Americans arenít
sure theyíre on track to retire successfully. Unfortunately, many
of them may be right.
credit card companies and financial institutions are becoming
smarter about protecting peopleís personal information online,
credit card fraud and identity theft are still very real threats.
and managing money
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
generationís financial future.
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.
needs to buy life insurance? Doesnít it come with the job? 10-02-17
workers have gotten so used to getting free life insurance coverage
as a benefit through their jobs that a growing number of them ó
especially young workers who have delayed starting families ó arenít
bothering to go through the hassle and expense of purchasing
MarksJarvis: How to build a rich life, even if you arenít a
financial genius 09-25-17
donít have to be a genius, a math brain or know anything about the
stock market to invest your money well and retire comfortably.
cutting back on drug coupons amid concerns over consumer costs 09-25-17
ó With many drug prices rising, consumers often pull out coupons
or discount cards from drugmakers to save money when they buy
medications at pharmacies.
to send aid to disaster victims? Here are tips to avoid charity
The relief efforts that
follow natural disasters like the ones currently unfolding along the
Gulf Coast, Florida and elsewhere often showcase the best about
Americansí willingness to help their neighbors.
MarksJarvis: The Equifax breach left many of us vulnerable. Hereís
how to protect yourself 09-18-17
When your Social Security
number has been exposed, youíre vulnerable. When
the bad guys know your address, driverís license number and age
along with your Social Security number, the risk is even worse.
one generation moves on, financial advisers try to get to know the
next one 09-11-17
PITTSBURGH ó Times are
changing in the financial services industry because of what is being
called the greatest multi-generational wealth transfer in American
MarksJarvis: What you need to do in the wake of the Equifax data
massive data breach reported by Equifax this week will leave
millions of Americans at risk of identity theft for the rest of
dealing in digital currency making digital cash a reality 09-04-17
ó They look like ATMs and they work like ATMs. Just
donít call them money machines, because these ATMs donít give
back cash, they give back bitcoin credits and a receipt.
MarksJarvis: The fastest-growing category of student debtors is
senior citizens 08-28-17
number of people over 60 struggling with college student loans is
most, the struggle is not a hangover from their college days. The
strain is coming from helping their children and grandchildren pay
saving for retirement? So do 96 percent of working Americans 08-21-17
ó People at all income levels are guilty of not saving enough for
retirement, but it may not be entirely their fault.
MarksJarvis: As open enrollment approaches, hereís how to pick the
right health-savings account 08-21-17
has an important message for employees who will soon start signing
up for next yearís health benefits: Take a close look at any
health savings accounts you are considering enrolling in.
experts say itís not always advisable to drop life insurance 08-14-17
PITTSBURGH ó Life
insurance generally does a good job of doing what itís mainly
intended to do, which is to protect spouses, children and other
people who depend on the policy owner financially.
MarksJarvis: Why a four-year college degree isnít the only path to
a secure lifestyle 08-14-17
you arenít sure college is for you, consider this: You donít
have to get a four-year degree to make a good living.
sure your retirement savings last as long as you do 08-07-17
PITTSBURGH ó Target
date mutual funds have become the answer to a problem many
retirement savers face in a world that has shifted the burden of
managing retirement assets from corporations to workers who donít
always have the time or knowledge to be effective money managers.
MarksJarvis: Why some employers are becoming more generous with
retirement savings plans 08-07-17
an effort to recruit employees in competitive fields and help
motivate older workers to leave the workplace when they hit
retirement age, companies are becoming more generous with their
retirement savings plans.
the score?: People getting credit scores may not understand them 07-31-17
ó Phoenix resident Elizabeth Medora didnít know her credit score
until a credit card company gave her a credit tracker a few years
ago, and even then she didnít think much about it.
online? Think twice before storing your card information, experts
millions of online shoppers can attest, it sure is convenient to let
websites store credit and debit card numbers so the data can be
"auto-filled " on the next visit.
all consumers really want to go cashless? Some businesses not so
ó Cash is still king, but Visa Inc. is trying mightily to dethrone
electronic payments giant unveiled a campaign this month aimed at
enticing small restaurant owners to stop accepting cash.
young people should plan early for retirement 07-24-17
last thing many young people want to do with their paychecks is
sacrifice part of them for a retirement account, even though tiny
contributions made at an early age are all but guaranteed to
multiply many times as the years go by.
MarksJarvis: Savvy saving: 4 ways to snag the highest interest rates
long last, banks are becoming a little more generous with savers.
But the emphasis here is
on "a little." If you have been looking around for higher
interest rates, youíll be able to find an appetizer now, but not a
safe haven of bonds made riskier by ETFs 07-24-17
have always appealed to conservative investors looking for a safe
place to park money while receiving a steady and predictable return.
car payments drive rise in fixed-loan delinquencies 07-24-17
prices of new and used cars keep rising every year, which means
consumers are borrowing more to make the purchases ó and the
monthly payments for cars and car-related expenses are squeezing
many households budgets to the maximum.
investors looking beyond US borders, as other markets rise 07-17-17
PITTSBURGH ó There
really is no place like home and many investors tend to keep their
investment strategies heavily weighted toward U.S. company stocks.
Something that falls within their comfort zone feels like a safer
credit score soon will get a buffer from medical-debt wrecks 07-17-17
For many consumers, an
unexpected health care calamity can quickly burgeon into a financial
lists 10 common frauds targeting consumers and ways to avoid falling
for them 07-17-17
Scam artists have become
increasingly sophisticated over the years, but remembering a few
simple rules can be surprisingly effective at keeping your money