I have to admit that I am hostile to the term, “Budget.” The word signifies limitations as if I will have to change my lifestyle. Before I prepared a budget, I felt anxious about doing one. Only one out of … Read More
The coronavirus has weakened our financial markets and our economy as social distancing has slowed economic activity. With high unemployment and tweaked growth, we have been in a recession. Many people are hurting. Unfortunately, there are many who like to … Read More
The US divorce rate among young people under 30 has been dropping to below 50% since the early 1990s. However, that may be deceiving. Millennial couples are marrying later and arming themselves with prenuptial agreements. According to a sociology professor … Read More
Ever want to know financial terms, but you were afraid to ask? During the pandemic, a lot of words are cropping up that may be hard to understand. In middle school, I was challenged by vocabulary, as my scores showed. … Read More
“Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.” John D. Rockefeller Dividend investing is a way of buying stocks that pay regular dividends on your investments. Those dividends represent a portion … Read More
Where can you find more income in this low-yield environment? “Cash is king” is an old expression that implies that this most straightforward form of money has the most significant merit for investments. Liquid assets are desirable for their ability … Read More
“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” Robert G. Allen When you have some savings, it is good to invest and allocate your money to work. Most importantly, … Read More
“People do not buy goods and services. They buy relations, stories, and magic.” Seth Godin As consumers, emotions drive our decisions. Neuroscientists tell us that we make our decisions emotionally and intuitively nearly 95% of the time. The forces of … Read More
It has been hard to be optimistic as the coronavirus outbreak has devastated many families. We have been forced to change our ways of living in a hurry. Job losses are high and haven’t finished climbing. Small businesses are struggling … Read More
As unemployment claims filed since mid-March totalled a staggering 30.3 million people, stocks racked up their best performance up nearly 13% in April since 1987. How can this be? 4 Reasons: 1. There is an inverse or opposite relationship between … Read More
“When we are no longer able to change a situation, we are challenged to change ourselves.” Viktor E. Frankl, Man’s Search For Meaning Our values are tested during a crisis. We have learned that we need to make certain changes … Read More