6 Ways to Fund a Working Mom’s Retirement

Posted by Kelly Fennelly on May 19, 2017 7:00:00 PM

“Americans—women especially—aren’t getting the message that they need to start saving for retirement with their very first job,” says personal finance columnist Liz Weston, author of Deal With Your Debt.

As a working mom, whole weeks may go by without the chance to sit down or even think. You’re managing a career, making decisions for your family, and caring for kids and often parents, too.

It’s not easy, then, to hear about one more job that needs your immediate attention: retirement planning. But let’s just be blunt, women are almost twice as likely as men to wind up living below the poverty line during retirement.

Here are six tips to help you prepare for retirement:

Read More

Topics: Savings, How to Save for retirement while having kids, working mothers saving money, How to save for retirement when you're a mom

Getting Real About Your Career After College Graduation

Posted by iGrad on May 12, 2017 7:00:00 PM

Attending college gives you the chance to study in diverse academic fields. Students normally gravitate towards majors they have a strong interest in. But how many are thinking about their future career when declaring a major? This major is expected to prepare you for the real world after university, but beyond academics, it should also teach critical thinking skills in the context of your academic strength, and hopefully set you up for a successful transition into the job market.

Read More

Topics: Career after college, Getting a job as a new grad, Jobs for recent graduates

What Does Mom Really Want for Mother’s Day?

Posted by Michelle Payne on May 9, 2017 7:00:00 PM

If you came seeking a definitive answer to this question, I don’t have that. Because I am not your mom. But I am a mom with two children and 13 years of experience in this realm, so at least I can provide some perspective for you!

When I think about the answer to “What Does Mom Really Want for Mother’s Day?” my mind turns to beauty pageant contestants. The old cliché tells us that all of them want World Peace. Moms are no different. Of course, we want that, too. Probably more than anything, we want health and safety for our families and friends. Yet, Mother’s Day is this coming Sunday, May 14th, and World Peace can’t be built in 5 days and, unfortunately, it can’t be picked up at the Hallmark shop. So I’ll take a different approach to this topic by naming My Top 5 Gift Ideas for Your Mom:

Read More

Topics: Mother's Day Gift Ideas, Mother's Day, What to give mom on mother's Day

The Need For Estate Planning After Divorce

Posted by Kent Emswiller on May 2, 2017 7:00:00 PM

The statistics don’t lie and they don’t change.  Approximately fifty percent (50%) of first marriages end in divorce, seventy-eight percent (78%) of second marriages end in divorce and ninety-three percent (93%) of third marriages end in divorce. Of course, on the other side of the coin, one hundred percent (100%) of marriages that don’t end in divorce, end in death. But I digress.

The lead in is meant to make the point that, among the many things a newly divorced person needs to do, is review his or her estate plan.

Divorce may, but usually does not, automatically remove the ex-spouse from a beneficiary position or a fiduciary position.  Most family law practitioners recommend a stop at the estate planning lawyer’s office the day after the ink is dry on the Decree of Dissolution, but I recommend a month before that date.  Below is a list of some common estate planning instruments and what effect, if any, the divorce decree has on each one.

Read More

Prince, Pauper, or In-Between: How Long Can You Live on Your Savings?

Posted by Raymond Mark on Apr 28, 2017 7:00:00 PM

Unfortunately, many Americans do not have extra funds to handle a financial hardship if one were to arise. In a recent survey conducted by Bankrate.com, almost half of Americans confessed they don’t have any emergency savings set aside to cover three months of expenses. Within that number, more than a quarter (28%) have no emergency savings at all. At the other extreme, almost half of the people polled have over three months in emergency savings. The foundation of this great savings breakdown may be simple: Many people just don’t know how to save.

Why are so many Americans behind on savings? One of the big reasons people aren’t saving more is likely because they are living beyond their means. In addition, the increased use of credit cards and the popularity of payment options such as Apple Pay and Samsung Pay, have made it easier to spend than to save.

Here are six tips to pursue a stress-free financial future.

Read More

Topics: Retirement, saving for the future, stress free financial life, how to manage a savings account

Wouldn’t You Like to Sleep Better Than a Baby?

Posted by Michelle Payne on Apr 21, 2017 7:00:00 PM

I recently met my brand-new niece who lives several states away. At the time she was seven weeks old (and now almost 10) and her parents were, not surprisingly, sleep-deprived. At one point my sister and I discussed the sheer irony of the phrase “sleep like a baby” because new babies do not generally sleep soundly or consistently.

Read More

Topics: sleeping well, restless sleeping, how to get a good night of sleep

Student Life Hacks: Build Your Career While Still in College

Posted by iGrad on Apr 14, 2017 7:00:00 PM

Have you ever wondered why college graduates have difficulties with the transition into real life? They are not prepared to face the responsibilities that come with that stage of adulthood. If you spend your years at college studying and writing papers, you won’t be ready for a career even if you get the best grades.

Read More

Topics: iGrad, how to get a job for a college student, college student internships, college student and careers

How to Give Your Finances a Spring Cleaning

Posted by NerdWallet on Mar 31, 2017 7:00:00 PM

Ah, spring! It's the season of renewal, when we can count on longer and brighter days, the return of baseball and the urge to get the house in order.

That goes for many people's financial houses as well. Spring is a good time to comb through your personal finances and ensure that you're managing your budget, credit cards, investments and insurance in the best possible way. Here's how to get started.

Read More

Topics: Credit Score, Spring Cleaning, Week of Spring Cleaning, Save Money

Key Estate Planning Mistakes to Avoid

Posted by Bruce Evans on Mar 28, 2017 7:00:00 PM

Many affluent professionals and business owners put estate planning on hold. Only the courts and lawyers stand to benefit from their procrastination. While inaction is the biggest estate planning error, several other major mistakes can occur. The following blunders can lead to major problems.

Read More

Topics: Elements Wealth Management, Estate Planning, How should I take action on estate planning

Spring Bonding – Use the Break to Do Things Differently

Posted by Michelle Payne on Mar 24, 2017 7:00:00 PM

Monday will be the first day of Spring Break in my household, and I’ll predict it will take all of 30 minutes for The Battle of the Blondies to begin. I’m referring to my two daughters, ages almost 8 and almost 13, and they bicker – a lot. While this is to be expected from sisters almost five years apart, I never grow used to the shouting and swatting that takes place between them.

Read More

Topics: spring break ideas, spring break ideas for the family