Monthly Archives: December 2015

PERSONAL FINANCE QUIZ (AS REPORTED BY ASHLEY RODRIGUEZ AND KEITH COLLINS ON WWW.QZ.COM)

Standard and Poor’s, Gallup, The World Bank and George Washington University created a short, 5-question personal finance assessment. 150,000 people in 140 countries then took the test last year. Want to know how many passed? The answer is just 33%. Only one-third of all participants were found to be proficient in at least 3 of […]

FAFSA CHANGE (AS REPORTED BY ZINA KUMOK ON BLOG.MINT.COM)

FAFSA stands for Free Application for Federal Student Aid, and is the primary way that most college students apply for tuition assistance. And next year, there is a big change that people need to be aware of. Instead of waiting until January 2017 to submit the paperwork for students beginning college in the fall, parents […]

CHECK YOUR 401K FEES (AS REPORTED BY JOHN COUMARIANOS ON FINANCE.YAHOO.COM)

Do you know how much you are paying in fees in your 401k plan? Most people don’t. If you’re lucky enough to be enrolled in a company-sponsored 401k retirement plan, you might want to ask how much the fees are. A recent study of plans from a number of different companies found that the average […]

AN APP TO STOP US FROM LYING TO OURSELVES ABOUT MONEY (AS REPORTED BY JENNY ANDERSON ON WWW.QZ.COM)

As humans, it is in our nature to lie to ourselves. We do it without thinking about it, really. And in the world of personal finances, it has become a problem. Instead of saving for the future, we spend money today on things we don’t need. And we do this because we underestimate how much […]