Anyone graduating from high school in 2020 has had a unique opportunity to see first-hand and very young how life actually works.
In life, there are many things to look forward to.
There are also many things that no one looks forward to – losses of all kinds, including for many of this year’s graduates the loss of their last semester at high school and the loss of the chance to celebrate graduating with their classmates.
Continue reading Smart About Money: “No one told me that” – Life & Money After High School
Over the course of the past several weeks, the entire world has been through what will almost certainly be an indelible experience of dealing with sudden, drastic, unwanted change.
Even many people who had the time, opportunity and determination to prepare for such a scenario found themselves shocked and shaken by the reality of it, especially in the way their families might be affected.
Continue reading Smart About Money: If you’re determined to be more prepared next time …
It’s all too easy to lose track of the reality that gift cards are cash equivalents. A skeptical consumer might wonder if the companies like it that way. After all, every gift card that’s not fully redeemed is “free money” for them. Gift cards that aren’t redeemed at all are obviously even better.
Continue reading Smart About Money: Gift cards are “real money”
A personal finance blogger recently wrote a post encouraging his readers to beware of financial “experts” offering “contrarian advice.”
His point was that there are a lot of people out there trying to make a name for themselves – and, hopefully, get rich – by becoming financial gurus.
Continue reading Smart About Money: “But I haven’t really thought about it …”
A lot of people never balance their checking accounts. They have various reasons that mostly all boil down to the fact that they think it’s a chore it’s okay to ignore.
Online banking has made it easier to feel that way. People will say they keep an eye on their account online and that’s fine for them.
Continue reading Smart About Money: Should you make yourself balance your checking account every month?
Writing in The Wall Street Journal’s Wealth Management Report, retired senior editor Carol Hymowitz said there is “no single road map or retirement plan” these days. She seemed to wish there was.
Was there ever a “single” tried & true retirement road map? Possibly it may have seemed that way. 65 used to be “retirement age.” Today 65 is just another number. Some people are retiring much earlier than 65. Others don’t want to ever retire. If there was a “cookie-cutter,” it’s long gone now. Which is a good thing.
Continue reading Smart About Money: Can I get a mortgage or home equity line if I’m retired?
In Martin Scorsese’s “American Masters” documentary about Bob Dylan, Dylan recalls how as a boy he and his classmates had to practice getting under their desks in case of a nuclear attack.
According to Dylan, “Our reality was fear that at any moment this black cloud would explode and everybody would be dead. We grew up with all that.”
Continue reading Smart About Money: But what if the world doesn’t end?