Car insurance is a necessary evil for drivers of all stripes. You can’t drive legally in the US without it. But for those of you out there who have ever been involved in an auto accident, you know the value of insurance. EverQuote is a tool that allows drivers to shop for car insurance and… Read More
Millennials Did Not Destroy the Economy (as reported by Derek Thompson on www.theatlantic.com)
It is not uncommon these days to read headlines and listen to stories about “millennials” – which by varying definitions covers people roughly 20-35. These young adults are often blamed for changing habits – personally, professionally, and financially. The end of marriage, the end of homeownership, the end of investing, and more are all placed… Read More
Real Estate Investing Mistakes (as reported by Holly Johnson on www.thesimpledollar.com)
Popular HGTV shows make it seem like making money in real estate is so easy that anyone can do it. Find an old house for sale, fix it up, and sell it for a profit. What could be easier than that? Unfortunately, the majority of people who have tried this on their own end up… Read More
Financial Implications of Divorce (as reported by James Brewer on www.forbes.com)
Though we don’t like to think about it too much, divorce is a possibility with any marriage. And while there are a slew of things to worry about if and when you have to go through a divorce, there are definite financial implications to consider as well. Sometimes a couple will try to make things… Read More
What’s it Take to be Wealthy? (as reported by Suzanne Woolley on www.bloomberg.com)
According to a recent survey by Charles Schwab, it takes an average of $1.4 million to consider oneself financially comfortable in America. And to be considered wealthy? That takes $2.4 million. The survey was conducted this year, of Americans between age 21 and 75. And the results differ slightly (higher) than the same survey conducted… Read More
Women and Finance (as reported by Preeti Varathan on www.qz.com)
Do you feel like the financial industry caters more to men than to women? Over 70% of respondents in a recent survey of women thought so. And that could be part of the reason why so many of them did not feel like they had adequately prepared for retirement. In general, women in the US… Read More
Common Financial Scams (as reported by Sean McDonnell on www.kiplinger.com)
Financial scams abound. For as long as there has been money, there have been people who will find ways to go after money that isn’t theirs. Today, many financial scams originate online, and take advantage of people who are more vulnerable to attacks – the young, inexperienced banker or the aging retirees. The best way… Read More
15 Habits of Millionaires (as reported by Tanza Loudenback at www.businessinsider.com)
Being a millionaire might not be an attainable goal for most of us, but it is still something to strive to. And so it can be helpful to consider how those lucky enough to have become millionaires over the course of their lifetimes did it. That’s the premise behind a recently released study by Thomas… Read More