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.
Journey: Making the right choice on when to claim Social Security
Q: I will be turning 62
next year and would like to begin collecting early Social Security
benefits. Am I penalized once I turn full retirement age of 66 for
the amount I would receive then?
often see rise in auto insurance rates, study finds 08-24-15
Women whose husbands die
should not expect to receive much sympathy from many of the nationís
major auto insurers; itís more likely that widows can expect to
have their car insurance rates raised.
MarksJarvis: Fed leader hints at continued stimulus 08-24-15
Can you count on Federal
Reserve governors to cradle you in their arms and make everything OK
in the economy and stock market?
have growing influence in parents back-to-school spending 08-24-15
Five-year-old Cayden Richey had one criterion for his new
back-to-school shoes: They had to be fast.
Started: Smart money-saving tips for savvy college students 08-17-15
There is the cost of
college, and then there is the cost of going to college ó
everything from the extra-long twin bed sheets youíll need for
your dorm room to textbooks for class.
Huddleston: 5 money habits to master before your 30s 08-17-15
You know how the saying,
"Bad habits are hard to break." But sometimes itís even
harder to create good habits, especially good money habits.
MarksJarvis: Invest in index funds for better returns 08-17-15
Do you search the Web to
find the best price on clothes or electronics? Do you drive across
town to get a discount on a household item or to shave a few bucks
off your groceries?
back-to-school shopping can teach your kids money lessons 08-17-15
represents one of the best opportunities all year for students to
learn a few lessons before they return to the classroom ó money
lessons, that is.
shopping tactics, ninja style 08-10-15
Back-to-school is the
second-biggest shopping event of the year for retailers, but paying
full retail prices in the typical "mall haul" is for
suckers, say expert shoppers and cheapskates.
MarksJarvis: The economy looks strong. Why arenít investors happy?
Just as analysts were
beginning to fixate on risks to the U.S. from a fragile global
economy, a new report Wednesday melted away the gloom.
millennials living at home, and you canít blame the economy 08-03-15
The economy might be
recovering, but millennials are still largely living with their
parents, one survey says. According
to the report released Wednesday by the Pew Research Center, the
nationís 18- to 34-year-old population is less likely to be living
independently of their families and establishing their own
households than they were during the recession.
MarksJarvis: Dear millennials, youíre ruining the economy. Move
The kids are back home
and showing no inclination to move out on their own. More
than five years after the end of the Great Recession, 18- to
34-year-olds seem to be comfortable with a lifestyle that differs
dramatically from the past.
Allen: Financial steps to take after your spouse dies 07-27-15
You face few events in
life as emotionally draining as losing your spouse. You are swept up
in the whirlwind as you prepare the funeral and make final
arrangements to say good-bye.
MarksJarvis: Worldís economic crisis isnít over, and wonít be
for a while 07-27-15
As the economic woes of
Greece and China bubbled to the surface and tugged at the stock
market in the last couple of weeks, investors might have thought:
Huddleston: 6 ways to cut $500 from your monthly bills 07-27-15
Surely, youíve heard
advice about cutting discretionary expenses ó a daily latte, for
example ó to save money. Itís true that small savings can add up
and provide more wiggle room in your budget.
MarksJarvis: Nervous about a stock slide? Cut your risks 07-20-15
Hold that thought.
Iím talking about the
angst you may have felt just after the Fourth of July, as the news
was full of problems in Greece and China and the stock market was
paying cash for a prescription is cheaper than using insurance 07-13-15
PITTSBURGH ó 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
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.
Tompor: How do you land that job after college? 07-06-15
Diekman, 22, is looking forward to a "gap" year after
graduating with a bachelorís degree from the University of
Michigan in May.
Journey: Shared housing can provide financial security for retirees 07-06-15
Mead retired, and divorced, two years ago, the idea of taking on a
roommate wasnít high on her list of priorities.
Started: Tips for 20-somethings to handle finances 07-06-15
job, renting an apartment, repaying student loans ó when youíre
just starting out, getting on your financial feet can be
MarksJarvis: Sallie Krawcheck: Women want pay parity, better
financial counseling 06-29-15
If youíre a woman who
has resented the size of your paycheck compared to those going to
men, Sallie Krawcheck presents a solution.
it's time to tap emergency savings, 29 percent of Americans have
ó Nearly 3 in 10 Americans have no emergency savings, the highest
level in five years, according to a survey released Tuesday.
and their finances? Study finds many don't communicate enough 06-29-15
couples donít talk enough about financial fundamentals, such as
how much they earn or their plans for retirement, a new study found.
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
push for higher minimum wages spreads, workers begin to envision
life in a $15-an-hour world 06-15-15
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
room for growth 'nowí 06-15-15
assistant Eunice Medina, 23, was thrilled when a $12.25 minimum wage
took effect in Oakland, Calif., in March.
MarksJarvis: Half of people near retirement have no savings 06-15-15
Half of U.S. households
headed by a person 55 and over havenít stashed away any retirement