Are prepaid cards for everyone? No way. But are they useful? In certain instances, they can be very useful, especially when it comes to the financial security of your teenage son or daughter. Continue reading
One of the more entertaining parts of the conversation was when we started talking about the great decisions we made by deciding NOT TO do something.
The best thing I never bought…That could go in so many different directions and it did! One of my friends had no trouble with his answer. For him, the best thing he never bought was an engagement ring for his long time then-girlfriend! He had serious doubts about marrying her even though they appeared to be a great couple.
What we, as his friends, didn’t know fully was the extent of her ability to spend significantly more money than she earned and more than he would give her to cover her monthly shortfalls. Continue reading
Tweet Here we go again! Yet another celebrity has filed for bankruptcy. Dionne Warwick owes over $10 million in accrued penalties and interest from back taxes along with other debts and this combination of debts drove her to insolvency. (Couldn’t … Continue reading
Tweet Last week we released our 2012 Year in Review research, and there were several troubling statistics that came out of the report. For starters, only 51% of employees reported having an emergency fund, which means there are 49% that … Continue reading
Watch out for new fees on credit card transactions. Continue reading
Tweet One of the things that I believe is that one of the best ways to learn how to do something well is to learn from someone who is already doing that thing very well. It’s a long established tradition. … Continue reading
Tweet I guess it’s no mystery who is responsible for keeping track of where the money goes in my household. As a financial planner, you might call it an occupational hazard, but what frustrates me the most is that I’m … Continue reading
Tweet Susan and I have been married for seventeen years, and when we were first married, we decided to pool our financial resources and have one checking account. This made sense since at the time, we shared all of our … Continue reading
Tweet It is commonly known that money is the leading cause of marital problems. As a financial planner working with couples for over 25 years, I have seen why. Couples often take the wrong approach to love and money, thinking … Continue reading
Tweet In his blog post last week, Michael Smith wrote about a woman who was able to overcome tens of thousands of dollars in medical debt by giving up a variety of comforts, working a second job, and even having … Continue reading