How Much is Too Much? Understanding How Much to Hold of Any One Investment

The emotional and financial scars left by the stock market plunge that decimated so many nest eggs during the economic turmoil of 2008-2009 may have faded, but the lessons from the Great Recession apply as much today as ever. And

How many bank accounts does a person need? – How many bank accounts does a person need? – Jason Kley, October 29, 2016 While opening additional credit cards or deposit accounts to receive a one-time discount or capture an attractive interest rate may make financial sense in

Fulfilling Philanthropic, Charitable Desires, Even When Finances Are Tight

The desire to give back — to donate something of value to a favorite cause — is there, but perhaps the room in the budget to make a monetary donation isn’t. Fret not, because when your heart says “Give” but

A Dozen Ways Financial Planning Can Benefit You — Now and in Any Stage of Life

What’s keeping you from gaining a better handle on your finances and your future?  It could be a preconceived notion about financial planning. Financial planning isn’t just for the wealthy, nor is it just for people who have retirement in

Tap Social Security Benefits Early or Wait?

When is the best time to start taking Social Security payments in order to maximize the benefits you’ve worked long and hard to earn, while ensuring that income from the federal program is there when you need it? “Simple question,

College Prerequisite: Preparing an Undergrad to Handle Their Own Finances

Now, more than a decade after graduating from college, Casey Van Zutphen can admit it: The time his parents — and especially his father — invested to teach him about managing his finances as an undergraduate has paid off in

Teaching Teens Financial Responsibility: 13 Proven Tips and Tactics from Financial Pros

With a teenager as part of the household, you likely already have your hands full with the often mind-bending responsibilities that come with parenting a child in the 21st century. But don’t let those day-to-day duties get in the way

10 Ways to Find Funds for College in Unexpected or Overlooked Places

Paying for a college education is a good news, bad news proposition. Let’s start with the bad. It’s not exactly news that the cost of college tuition has been rising steadily for years. Between 2005-06 and 2015-16, in-state tuition and

How Will You Spend Retirement? A Spending Plan Can Provide Answers

The golden rule for managing personal finances applies to just about everyone, young, old and in between: Spend within your means. But a key distinction surfaces in planning for how to spend your money in retirement, says New York City-based

A Guide to Retirement Plans for the Self-Employed

Choice is one of the great perks of working for yourself. The location of your office, the hours you work, the amount of vacation time you take and when you take it, the workplace benefits you get—these are the kinds