In writing last week about hidden “junk fees,” I ended with a recommendation. Before choosing a phone plan, booking a hotel stay, buying an airline ticket, or making many other types of financial commitments, ask, “What other fees or charges are there I need to know...
In his State of the Union address, President Biden announced his intent to “take on junk fees.” These are the hidden fees involved with many of the services we purchase. I have written previously about undisclosed fees related to investments (annuities, private REITS,...
Do you keep secrets about your spending from your significant other? Research shows that 44% of partners do. Some money secrets within a coupleship are matters of privacy or convenience, while others cross a line into financial infidelity. A recent survey by...
Is investing in the stock market akin to gambling? It certainly carries a reasonable amount of risk. Yet, done correctly, investing in the market is not remotely gambling. For comparison, consider games of chance. The best one to play is Blackjack. If you play every...
Transparency is a highly valued attribute that is routinely promised—and frequently undelivered. In fact, it often seems that the more loudly transparency is touted, the more opaqueness is practiced. Perhaps Shakespeare’s famous line from Hamlet, “The lady doth...
Financial New Year’s resolutions are a common phenomenon this time of year—especially for anyone who overdid the holiday spending and who knows the new year is going to bring a new batch of credit card bills. Probably one of the most common financial resolutions is:...
