Monthly Archives: June 2016

9 PERSONAL FINANCE MYTHS (AS REPORTED BY TRENT HAMM ON WWW.THESIMPLEDOLLAR.COM)

There are a lot of personal finance experts out there trying to get your attention with bold predictions and feel-good advice. Not all of them have your best interest in mind, however. It can be difficult to separate fact from fiction, myth from reality when it comes to personal financial advice. Lucky for us, Trent […]

HOW TO PAY OFF STUDENT DEBT (AS REPORTED BY MICHAEL BENNINGER ON BLOG.MINT.COM)

Each year the amount of total student loan debt outstanding increases. For new graduates, coming out of school with average debt of around $25,000, paying off the full amount can seem like a near impossible task. The first thing you need to do is get a job and create a budget. Figure out whether or […]

RENTAL INCOME POPULAR WITH OVER 60 CROWD (AS REPORTED BY AMY ZIPKIN ON WWW.NYTIMES.COM)

The rise in popularity of home and room rental marketplaces like Airbnb, HomeAway, and VRBO has created a whole new source of income for a lot of people. Notably, people over 60 represent the fastest growing segment of hosts, the people listing their homes for rent. It has become a popular way to supplement their […]

CHARITABLE GIVING HITS NEW HIGH (AS REPORTED BY AARON SMITH ON MONEY.CNN.COM)

Money given to charity in the United States accounts for 2% of GDP. And in 2015, we hit a new record high for total charitable contributions. Individuals gave just over $264 billion. Corporations and foundations added almost $80 billion more to that, to bring the annual total to $373 billion, 4% higher than the year […]

CHOOSING A FINANCIAL ADVISER (AS REPORTED BY PAUL SULLIVAN ON WWW.NYTIMES.COM)

Not everyone needs a financial adviser, and not everyone can afford one. But if you should find yourself in the position to hire someone to manage your money, or at least offer advice, it is important to know whether or not they are the right person for the job. When it comes to your money, […]

IS STUDENT DEBT KEEPING US FROM BUYING HOMES? (AS REPORTED BY ALLISON SCHRAGER ON WWW.QZ.COM)

One popular theory about why young people are not buying homes as much as they used to is that rising student debt is making home ownership unaffordable. But new research suggests that may not be right, because twenty-somethings without debt are choosing to live with their parents or rent longer as well. The more likely […]

CAR INSURANCE FOR YOUR KIDS (AS REPORTED BY ANN CARRNS ON WWW.NYTIMES.COM)

Insurance is a cost that many people forget to factor into their financial planning and budgeting processes. Most Americans will at some point in their lives pay for health/medical, home, life, and auto insurance. And those costs aren’t fixed. They change depending on what happens to you, where you live, etc. A recent article in the […]