By Robert Powell
Are you anxious about going to a financial adviser? Join the crowd.
Many Americans — as well as citizens from other countries — are embarrassed to seek the help of a financial adviser.
“It’s virtually universal that people hesitate about sharing intimate information with others,” says Ed Jacobson, a consultant based in Madison, Wis. “All [...]
By Robert Powell
by Scott Spann
The holidays present numerous financial challenges, not to mention the positive and negative stress associated with spending some quality time with friends and family. (Insert your own mental image of Cousin Eddie from Christmas Vacation here.) Generosity is a wonderful characteristic to possess, but if left without monitoring, it can lead to overspending [...]
By Colleen Oakley
Should you cave and hire the cleaning lady or buck up and do it yourself? And would the money you spend be worth the hours spent not dusting?
How about picking up holiday goodies from your favorite bakery vs. setting aside a weekend afternoon to make your family’s sugar cookies?
Every day we make decisions [...]
Your adult kids should know about your finances—and what they can expect.
By Jessica L. Anderson
Talking to your adult kids about your finances and how you plan to divvy up your money after your death may be one of the most important conversations you’ll ever have. It gives you the chance to tell the kids how [...]
By John Waggoner
For investors, fall is the season of lushly painted leaves, golden morning light and hideous, soul-searing panics in the stock market.
This fall is shaping up to be no different: Looming military action in Syria, another fight about the debt limit, and hordes of the gibbering undead will all make this autumn peculiarly dangerous.
Our subconscious often stands in the way of our conscious efforts to save for college, prepare for the future, or spend what we’ve saved once we retire.
Some psychologists and financial planners believe these roadblocks are rooted in an individual’s “money script” – the story about money that we’ve told ourselves repeatedly since childhood. They’re [...]
By Chris Taylor
In the world of dating, there is one common assumption: That a fancy car, a pricey dress, and a willingness to splurge are all things that will help you impress and snare your ideal partner.
“You would think that spending would be more attractive, because things like flashy watches or purses are so visible,” [...]
I’ve teamed up with Farnoosh Torabi, personal finance expert, author & TV host, to do a study on money and relationships.
Participants earn the chance to win one of several $100 AmEx gift cards.
Take the Survey
By Howard Rothman
NEW YORK (MainStreet)—In the pilot episode of HBO’s “Girls,” 20-something protagonist Hannah Horvath is out to dinner with her parents when they hit her with the bad news. Since graduating from college two years earlier, Hannah has been toiling as an unpaid intern in Manhattan while trying to make it as a writer. [...]
By Pamela Yip
What’s your “money script?” Everyone has one. But not everyone knows what it is. Money scripts are your unconscious core beliefs about money. They’re typically developed in childhood and drive your financial behavior throughout life.
“When considering your approach to money and trying to determine if the way you are handling money is the [...]