Last week I wrote about the very real threat inflation poses to retiring comfortably. With inflation up almost 5.5% from a year ago, most of us need to find ways to reduce our spending by that same amount just break even. This week I thought I would share a few [...]
Since the outbreak of Covid 19, a new set of terms have become part of our shared vernacular. Terms like social distancing, zooming, super spreader and herd immunity are now commonplace. As Covid’s impact continues to fade, new terms are being coined to describe our attitudes and behaviors in this [...]
The debate over education vs. experience has been going on for quite a while, but perhaps never as fervently as it is right now. With millions of people struggling with skyrocketing tuition costs and a shortage of labor both skilled and unskilled alike, just how important is that little piece [...]
We have graduated another class of young people from high school and college. I want to focus upon the subject that most of us did not study formally and which is often caught only from our family experience, if even then. That is personal finance. Even for these new graduates, [...]
During a time in this country when many are struggling financially, It may be hard to believe but there are thousands of people in Missouri alone who are owed money and don’t even realize it. According to a recent study by Smartasset, there is approximately 49.5 billion dollars of unclaimed [...]
Since the Ph.D’s in Economics have been in supposed total control of the Federal Reserve Bank in the past decade or more, they have been adamant that without US inflation of at least 2 percent per year, life cannot progress as it should. But try as they might, they have [...]
For those who don’t know, my background was not originally in finance. I actually went to school to become an educator. While I no longer teach social studies as I once did, I still have the heart of a teacher. Because of that, I jump on every opportunity I can [...]
Most of you reading this have either received or are about to receive a stimulus check from the government in the amount of $1,400. For many of you, the pandemic has had limited impact on your overall financial condition (outside of probably a few more Amazon purchases). For those people [...]
The past year has been very hard for a lot of people. From kids missing their friends and activities at school, to adults struggling financially, to seniors concerned about the health threats facing them, it seems like, for many, stress levels are higher than they have ever been. For some, [...]
A few weeks ago, I wrote about principles and rules for selling investments. Today I deal with the issue of income tax on investments. Perhaps the most common reason offered by investors and promoted by the experts is the drag of income taxes paid upon one’s investment gains. I am [...]
