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.
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
into reality by the Great Recession 07-07-14
Newell Jones knew she was living well beyond her means when the
Great Recession struck: She was $24,000 in debt.
MarksJarvis: When shareholder's meeting goes far afield, raise and
buy stocks on your own but arenít confident you are proficient
enough with financial data to spot threats to your investments, hereís
one easy test that even a novice can master: Watch if a company you
own schedules its annual meeting far from its headquarters.
Smart: Avoid fear factor in financial decisions 06-30-14
Fear is a
powerful motivator for consumers, and it underlies more of our
spending decisions than weíd care to admit.
resume their moves to less taxing climes 06-30-14
Ramos, a retired letter carrier, estimated his cost of living would
drop 80 percent when he moved from New York to a rental community in
Smart: Life insurance doesn't have to be a mystery06-23-14
topic of life insurance doesnít have much going for it. First, itís
about insurance, which many people find boring and complicated.
Second, it can involve paying money for something you may never use.
Started: Despite low rates, you can find best savings accounts 06-23-14
rates on savings accounts have been close to zero for a while. But
if youíve been building an emergency cash fund or got money as
part of a graduation gift this spring, you need to put those dollars
Yip: Make sure your financial adviser is worth what you're paying 06-16-14
recently wrote a column about how important it is to pay
attention to fees and costs when investing.
Tompor: Old savings bonds, gift cards can bring extra summer cash 06-16-14
needs a rainy day fund to cover a broken water heater, an
out-of-the-blue blowout on a car tire and other fiscal fiascoes.
debt can lurk on credit reports 06-16-14
years old, Carl Gasper still is juggling a fair share of debt.
He has a mortgage on his
three-bedroom Green Tree, Pa. home, car payments on his Chrysler 300
and several credit cards with balances he carries from month to
MarksJarvis: How to keep student loan payments manageable 06-09-14
first glance at your student loan debt after college is likely to be
a nauseating encounter. So
if you are like a lot of graduates, you may stick the paperwork in a
drawer and try not think about it.
in our passports and credit cards: Are they safe? 06-02-14
passports have them. And these days, many more U.S. credit cards are
starting to carry them, too.