WEEKLY TIP Some of the financial choices you make in the years just before and after your retirement may be unalterable. In recognition of that, an objective review of your retirement plan is a must as you approach your sixties. CONSUMER SENTIMENT DECLINES JUST A BIT...
WEEKLY TIP Young adults who receive sudden wealth should realize the threats that could end up eroding it: their inexperience handling such large sums of money, their possibly inadequate financial literacy, and the pressure to overspend in our culture. For these...
WEEKLY TIP Anyone who wants to avoid or lower probate costs and simplify distribution of their assets after their death would be wise to consider a revocable living trust. These trusts can be modified during the grantor’s lifetime. COMPANIES ADDED FEWER WORKERS IN...
WEEKLY TIP When financing a new car purchase, try applying for a loan before you shop for a vehicle. Preapproval gives you negotiating strength – you can challenge the dealership to beat the financing you have already lined up. PERSONAL SPENDING SLOWS Consumers...
WEEKLY TIP Does your will or estate plan take your pets into account? If you have no heirs, or if no heirs or family members want the responsibility of caring for them if you die, provisions should be made on their behalf. FED HIKES, LEAVES 2017 FORECAST UNCHANGED As...
WEEKLY TIP When your children turn 18, you lose the legal authority to make financial decisions on their behalf as well as the legal authority to examine their banking and credit card information. If you have a teenager with bad financial habits, this may be worth...
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