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Year: 2023

Should You Pay Your Family For Senior Care?

Many of my older clients, aware of their declining physical capacities, are increasingly open to the idea of receiving in-home healthcare. It’s an excellent way for seniors to maintain their independence and stay in their own homes as long as possible before...
Breaking the Cycle of Debt

Breaking the Cycle of Debt

Breaking the Cycle of Debt Written By: Jean Chatzky, AAPR June 09, 2023 The problem How do you break a lingering bad money habit? New Jersey couple Gail O’Donnell, 54, an insurance agency account rep, and her husband, Danny, 60, a training supervisor, have...

Are We In a Recession? Look to Trustworthy Data for the Answer

When it comes to the economy, the idea of “fake news” is nothing new. We’ve often had a segment of the population believing the US government is intentionally lying. In the early 2000’s, economist Paul Krugman used the term “inflation truthers” to describe...

How Money Scripts Affect Funeral Planning

The unconscious beliefs we hold around money affect our financial choices throughout our lives—and even beyond. Our money scripts have an impact on the way we think about final expenses for our loved ones and ourselves. I was reminded of this as I read about a recent...

The Emotional Cost of Bankruptcy and Insolvency

Personal bankruptcy is not a topic that is relevant to most of us—until it is. The number of  people filing for bankruptcy over the last 20 years ranges from a low of 374,000 in 2022 to over 2,000,000 in 2005. The top reasons that cause people to declare bankruptcy...