5 Rules for an Emergency Fund That Will See You Through (Almost) Anything

An emergency fund may go by many names, but at its core, it’s an economic essential for anyone seeking financial independence. The emergency fund—similar to, but not always the same as, an emergency safety net—is a cash cushion against financial hardships such as losing your job, getting evicted or getting in an accident; it’s the […]

What You Need to Know About the Latest Social Security Scam

Social Security scams are hardly a new thing, but the latest one could cause you a fair amount of undue stress, not to mention put your finances at risk. Scammers have been calling seniors claiming to be Social Security Administration (SSA) reps and threatening to suspend benefits for those who don’t provide the information they […]

You Might Be On The Hook For Your Parents’ Nursing Home Costs

The annual cost of care study was just released by Genworth, showing the average private room in a nursing home – for the first time ever – costs over $100,000 a year. If that number doesn’t shock you, it should. Imagine your parents needing this type of care. Now imagine that instead of your parents […]

What Women Give Up When They Retire With Their Husbands

Women who retire when their husbands do may be giving up more wealth than they realize. Married women overall are still in their peak earning years in their 50s and early 60s, while married men’s earnings are on the decline, says economist Nicole Maestas, an associate professor of health care policy at Harvard Medical School […]

3 Myths That Will Ruin Your Retirement Security

Americans aren’t saving enough for retirement, and many people will have lives that last much longer than their money. While I’m not blaming the following myths for people saving so little, individuals don’t need any more reasons, or dumb financial advice, that encourages them to put off saving for retirement any longer. Here are three […]

Gift Card Scam

Has someone asked you to go get a gift card to pay for something? Lots of people have told us they’ve been asked to pay with gift cards – by a caller claiming to be with the IRS, or tech support, or a so-called family member in need. If you’ve gotten a call like this, […]

More Than Half Of Americans Don’t Have These Essential Estate Documents, Do You?

It’s no surprise some Millennials perceive estate planning as no more than a tax-dodging scheme for the old and rich.  Contrary to its nefarious reputation in the news, an estate plan in its simplest form consists of legal documents that define our wishes for the greatest certainty in all of our lives: death. Still, more than half […]

How to Eat Healthy on a Budget

Many people have become more health conscious in recent years. By exercising and eating a healthy diet, we know we’ll live happier and longer lives. Unfortunately, processed foods tend to be cheaper than lean meats and fresh fruits and vegetables. That’s due in part by government subsidies to farmers growing corn, soybean, and wheat, the […]

Income Tax Filing Tips for January

Although income tax returns are not due until April 15, it’s always good idea to plan ahead and file early, especially if you expect to get a tax refund. Here are six steps to take now: 1. Get ready for the arrival of records. If you don’t already have a Tax file, select a single location […]