Tag Archives: saving
Recently, one of us (Maria) was at a bank trying to set up a small custodial IRA on behalf of a nephew and was told that “a minor can’t have an IRA.” It was an interesting experience, and one we … Read more
In the early 1990s, I studied for the Chartered Financial Analyst® (CFA®) exams. From March to June, I’d lock the television in the closet and spend my evenings with some of the driest reading material ever committed to the page.… Read more
I posted a blog in early January 2014 outlining my seven financial resolutions for the new year. I’ve made some progress, but frankly, I have some considerable work yet to do.
Here’s an update:
This may seem like an obvious point, but successfully planning for retirement has always required managing two sides of the household balance sheet: building savings and managing debt.
Two recent reports highlight how the debt side of the retirement balance … Read more
If you’re not a retirement savings “geek” like me, you may have missed the news that the IRS increased contribution limits for IRAs this year. It’s the first increase we’ve seen since 2008. In 2013, the limits increase to $5,500 … Read more
A few weeks ago, I competed in the season-ending doubles championship at a local tennis club. In the first round, my partner and I lost a tough three-setter to a talented father-son duo.
Now in his 80s, the father had … Read more
It seems that not a day goes by that I don’t see a headline about the soaring costs of college or the crippling debt facing many students upon earning their degree. My thoughts immediately go to my sister and brother-and-law, … Read more
Financial advice usually doesn’t generate buzz on social media as much as, say, a grumpy cat photo or a Harlem Shake video.
But early this week, I came across a few financial words of wisdom on an index card that … Read more
A few months ago, my husband and I experienced debit card fraud. Reviewing our bank account online, I noticed a series of strange ATM withdrawals that we didn’t make. The withdrawals were substantial, adding up to a few thousand dollars. … Read more
I recently had the opportunity to watch a video of couples talking about retirement, which, for them, was about ten years away. The couples were broken into three self-described categories: fully prepared, somewhat prepared, and not prepared. At the end … Read more