Goals-setting for 2014, a common practice this time of year. Most of us reflect on what we have accomplished the previous year and determine what we would accomplish in the next. Although many people go through the process of setting goals and then forget or completely dismiss them, sometimes the process is very helpful and productive. […]
In part one of this article, I wrote that many of us are not prepared for financial emergencies. According to Bankrate.com, “28 percent of Americans say they have no rainy-day fund” and 49% “don’t have enough emergency savings to cover three months’ worth of expenses.” In other words, even with the uncertainty in today’s murky financial […]
Most of us are familiar with the idea of saving money, it can be in a traditional savings or money market account for emergencies. This type of account can be used for unexpected expenses, or for expenses that cost more than we anticipated. Although it’s known for adding safety to our financial wellbeing, it’s an […]
When my husband and I started our blog, we decided to do it as a hobby. As I wrote in a previous post, we had taken a few classes, watched a handful of webinars, and decided that we would like to use the website as a platform. However, not only are we having fun with […]
Recently a friend of mine wrote that she’s concerned about her finances. Since we’d never really discussed the subject of her finances in any detail in the past, I wasn’t really aware of how the situation had become a very stressful situation for her. In her note, she had written that one of her biggest […]
Have you noticed, or is it just me, how many servers at restaurants are senior citizens? How about baggers at the local grocery store? Does it seem that more and more people of retirement age are working in the service industry than there used to be? It could just be my perception, but it appears […]
The economic environment seems to be undergoing significant changes, and the baby boomers are on the front lines. For that segment of the population, the outlook is increasingly challenging because there is less time to prepare for whatever’s coming. It is a certainty that we will all need to know how to navigate the road […]
Macroeconomics is a term used to describe the study of large-scale economic systems. The studies are focused on determining how different areas of the economy impact other areas of the economy. Although most of us are not macroeconomists, it is not difficult to perceive that many areas of our national economy are being challenged. Whole […]