The Impact on the Finances of Parents Who Provide Financial Assistance to Unemployed Adult Children

October 31, 2022
College Saving, Investing, Retirement, Saving

Recent research indicates that parents who financially help their unemployed adult children offset such costs by adjusting their behavior, particularly by spending less money

Are You Morose About Your Retirement Prospects?

October 24, 2022
Insurance, Investing, Retirement, Saving

According to various surveys on retirement preparedness, more than half of those who are soon to retire or recently retired expressed concern over their

It’s Time to Consider a Roth IRA Conversion

October 17, 2022
Investing, Retirement, Saving

Roth IRA conversions can be made regardless of your income. While Roth IRA contributions can be made as late as April 15th of the

Thoughts on Ontological Parsimony (Occam’s Razor)

September 19, 2022
Investing, Retirement, Saving

The world has become too complex and while some thrive on making life complicated, most of us prefer simplicity. That’s where ontological parsimony comes

Advice for Insomniacs

September 5, 2022
Investing, Retirement, Saving

Are you losing sleep over the recent slump in the stock market? Concerned that the recent recovery is in for another thumping? In more

How Much it Costs Car Lovers to Support Their Habit

August 15, 2022
Auto Loan, Investing, Retirement, Saving

Jack just bought a new car for $40,000 with a four-year loan. He expects to trade it in on another new car in four

The Keys to Achieving Financial Security

July 18, 2022
Career, Insurance, Investing, Saving

The one thing we all share in common is our desire to achieve financial security. For most people, financial security means financial independence –

Big Ticket Items Tell a Lot

July 1, 2022
Investing, Retirement, Saving

In speaking with individuals and families over the years, I’ve found that how they handle big-ticket items, particularly the home, is a reliable indicator

The statistics are scary

June 27, 2022
Investing, Retirement, Saving

Among those who retire early, 40% do so involuntarily. Job loss is a major culprit, but unplanned early retirement may also be caused by

Continuing Education – Consumption or Investment?

June 21, 2022
Education, Investing, Saving

Obtaining more education is usually a good thing, but it does have financial implications or else I wouldn’t bring it up. Education, particularly adult

Ponderings

Tag: Saving