We’ve been hearing a great deal in the news lately about debt. I know a lot of people are in various kinds of debt. Common causes highlighted by the media are the death of a family provider, job loss and medical emergency. I suspect this is because those causes are very dramatic. But what about [...]
The folks at BankRate.com have come up with their list of the top 10 causes of debt, based on reader emails.
Reduced income/same expenses.
Divorce.
Poor money management.
Underemployment.
Gambling.
Medical expenses.
Saving too little or not at all.
No money communication skills.
Banking on a windfall.
Financial illiteracy
I don’t know about you, but I [...]
Remember that old adage, “If you can’t beat them, join them”?
Well, a lot of people have come around to that line of thinking when it comes to the stimulus and bailout madness gripping Washington D.C. these days. Hey – we’re paying for it, why not profit from it, right?
Well, profiting from it may not be [...]
Many people who invest in a 529 college saving plan for future college costs, took a big hit in the 2008 market crash – some more than they should have!
Many 529 plans offer the age-based option, which is supposed gradually shift from stocks to bonds to cash as the target college date nears. The problem, [...]
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