Emotions involved with caring for the elderly can seem almost as overwhelming as the finances. As your loved ones age, what topics must you be ready to discuss? Beyond money, you need to talk about independence and basic preferences for the way individuals want to live or die.
First, realize that you’re far from alone....
Today, our credit score affects much more than our ability to buy a house or finance a car. Our credit score can also affect our insurance premium, our ability to rent an apartment, and even our ability to get a job. Because of this increased importance, it is necessary to know how you can improve your credit score. Keep...
Most financial planners advise never tapping retirement savings to pay for your kid's education. Yet about one-third of Americans with kids under 18 say they plan to use retirement savings...
Passive investing is all the rage and with good reason. Choosing a diversified batch of low-fee index funds and investing in each according to your risk comfort beats the returns of most actively managed funds. But can you be too passive with this strategy?
Residents, doctors and medical students are often the target of financial advisors, brokers and insurance agents because of their high earnings potential, which will most likely lead to significant investing. However, if you are in the medical profession, it's important for you to make your own informed decisions when it comes to your financial health rather than depending on a financial advisor, especially a non-fiduciary advisor, to tell you what to do with your money.
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