Some expecting parents may forget to prepare for what will likely be their biggest expense when the baby arrives: child care.
When asked how much they think it costs to raise a baby, 54 percent of people planning to have children in the next three years said they expect to spend less than $5,000 a year, according to a recent survey by the personal finance site NerdWallet.
Source: WAPO
Preparing for the death of a spouse or partner and its ramifications may be an unhappy task, but doing so can ease some avoidable financial sorrows.
MOST of us do not even want to contemplate the death of a spouse or partner — much less the prospect of having to take care of the financial end of such a loss while still grieving.
Source: Death Is Inevitable. Financial Turmoil Afterward Isn’t.
My Comments: This is really good advice.
The appetite for debt is now back in a furious way. Total household debt was up $63 billion last quarter driven largely by auto loans. Auto loans increased by $32 billion and the amount of auto debt outstanding is stunning. There is now a total of $1.14 trillion in auto loans floating in our
Source: Welcome back debt! Total household debt rose by $63 billion
My Comments: Good read…auto and college loans kicking ass. Don’t buy what yo a* can’t afford.
Inflation is rarely discussed in the mainstream press. Most people wake up every day and simply believe that prices go up as a natural state. These deeply held assumptions usually crack when new revelations happen like centuries ago with new scientific discoveries showing that our planet is not
Source: The story of inflation between 1996 and 2016…
My Comments: As always, really good stuff!
The first place to start in a low-return environment would be to minimize your investment costs.
Every day, I seem to have a discussion with someone regarding strategies for sustaining retirement income in a lower-return world. Investors, particularly retirees, are looking for solutions, and their frustrations are as clear as their request: Can’t someone help? While I can’t fix low interest rates on lower-risk investments (such as high-quality bonds and bond funds), perhaps I can provide some perspective and a solution. As with the old conundrum—is the glass half-full or half-empty?—the answer to the retirement income puzzle is often about perspective.
Source: Sustaining retirement income in a lower-return world
My Comments: Excellent piece!
Many of the highest-paying entry-level jobs are tied to engineering and technology majors.
Engineering and technology are among the most challenging fields of study in college, but all of that hard work apparently is paying off, as many of the top-earning entry-level jobs are tied to related majors, according to a Glassdoor study released Monday.
Source: Want college to pay off? These are the 50 majors with the highest earnings…
My Comments: This really highlights the superior methods of analysis that the study of STEM related fields develops.
