Use your inheritance wisely
Traditional advice on handling a windfall such as an inheritance is all about the one-third plan. Spend a third on something you want or need. Pay off…
Category: Money & Personal Finance
The man who paid himself in $1 bills
In 2015, Scott Parker told The New York Times about a fascinating lesson he taught his six children about the value of money. One day, he had his bank pay…
What people with a lot of money teach their kids about money
Everyone either learns about money or learns about money the hard way People who have $3 million or more usually have learned how to handle money, and…
Social Security check dates
Social Security checks are delivered based on the day of your birthday: If your birth date is on the 1st-10th: Second Wednesday of each month If your…
How much cash should you stash?
Money is going digital. When your check goes straight to your bank account and you pay your bills directly from that account, you might never see an…
Patio furniture strategies
July is definitely not the best month to get the best price on patio furniture, according to Wayfair. You might get a small discount of 10 to 15 percent…
Unmarrieds should plan
Committed but unmarried couples would be wise to make financial plans like married couples do. For example: * Discuss retirement goals, debt, and…
Hate budgeting? Try a spending plan
Maybe you are not a detail person. You sit down, look through all your spending and, suddenly you are caught up in tiny details. Making a category for new…
Prenups make sense, especially at midlife
On their third date, the dentist asked if she would sign a prenuptial agreement. Her reply, “I will if you will,” made sense to them both, especially…
Retirement savings plans offer choices
With pension plans increasingly rare, most people turn to employer-sponsored 401(k) plans to secure their retirement. These plans, administered not by the…