A few weeks ago I wrote about the importance of having a “Plan B” for aging when life events take an unexpected turn. Among the most common of these events are sudden and unforeseen health challenges that leave you unable to fully care for yourself. The day after that column ran, I received a call […]
The House of Representatives recently voted to nearly double the national minimum wage from $7.25 per hour to $15. Democrats are rejoicing that this change, if passed by the Senate, will lift 1.3 million people out of poverty. Republicans are complaining it will cost 1.3 million people their jobs. According to the Congressional Budget Office, […]
“Money is meant to be spent!” “Money is meant to be saved!” We may not hear talk-show participants shouting these opposing views at each other with the same level of anger that characterizes some of our political rhetoric. Yet the core polarization that pervades so much of today’s society also shows up in people’s beliefs […]
Stress is what happens when something you care about is at stake. This definition comes from Susan Bradley, CFP, author of Sudden Money and a specialist in the financial aspect of life transitions. The stress around these transitions is a common reason that people seek out financial advice. We tend to be driven to consult […]
As the recent debates among the Democratic presidential candidates emphasized, the idea of government-managed health care is gaining popularity. “Medicare for all” or some form of “free” universal health care is certainly an appealing idea. Who among us wouldn’t appreciate someone else paying our medical bills?