Red Flags: Signs You May Have a Dud of a Financial Planner
Taking financial advice from someone takes a lot of trust—trust you shouldn’t give someone just because he or she has a business degree. There are plenty of financial planners that don’t make the grade. These red flags will help you decide whether you can trust your planner or whether it’s time to move on to someone else [...]
How to Plan for the Future Financially
When wondering how to plan for the future financially, always remember to spend less than you earn and pay down your debt. Q: My wife and I have been married more than 30 years, but we don’t have any kids. In our adult lifetimes we have owned 11 homes in the United States and United [...]
Shop Second-Hand Stores and Garage Sales Like a Pro
If you haven’t been to a thrift store or garage sale lately, now’s a great time to explore one. Why? Many families de-clutter after Christmas, so they donate or consign items to local second-hand shops in the spring. As the weather improves, garage sales also start popping up like spring crocuses. If you’re a little [...]
Money Management: Creating a Shared Budget with a Partner
When you decide to share your life with someone, there’s a lot to get used to. However, there are few things that upset your life more than the disagreements that can come along with money management. Whether you decide to combine finances or keep things separate, it’s smart to come up with a shared household [...]
Credit 101: Be Careful Lending Money to Family and Friends
Your best friend faces an unexpected car repair and just needs some “floater money” until her next paycheck arrives. Your nephew is still building his credit and needs someone to co-sign his application for a new phone. Would you help either of them out? Both are seemingly innocent requests, but they can lead to big [...]
Another Recession Ahead? Signs the Economy Is Turning Around
Is there another recession ahead? We're dealing with weak growth, but there are some positive signs the economy is turning around. Not according to Kermit Baker, chief economist for the American Institute of Architects and a senior research fellow with the Joint Center for Housing Studies at Harvard. To the contrary, he believes positive signs [...]