Transforming one’s personal finances is a complex process. While originally created for a different purpose, Dr. Mary Lippitt’s complex change management model is highly applicable to financial change.
This particular change model illustrates each essential component of complex change...
Retirement can be a complicated topic. From translating all the complex financial jargon to understanding how much you should be saving for your golden years, it can sometimes feel like trying to learn a foreign language.
And because finance...
Most of us probably know that we ought to be on top of our finances. In an ideal world, we’d all have a clear understanding of our expenses, how close we are to meeting our goals, and how we’re doing savings-wise. But...
The country is facing a retirement crisis, but some Americans are worse off than others.
Workers in the top 20% of earnings distributions have half of all retirement wealth in both 1992 and 2010, compared with the bottom group,...
With the growing number of proposals to increase taxes, its time to rethink how we save for retirement. Proposals to increase the top income tax rate, impose a new annual estate/wealth tax, and to tax unrealized capital gains, are not likely to pass this year....
Retirement may mean different things to different people, but most agree on one thing.
It should be stress-free.
However, lack of stress usually comes from years of planning and decades of saving — which not everyone...
Want to pay less to your credit card company? Make a phone call.
While most cardholders have not requested a break on either interest rates or fees recently, the majority of those who did ask were successful, a new...
WHILE YOU DON’T HAVE much choice when it comes to paying taxes, you can benefit from significant deductions that reduce the amount you owe Uncle Sam.
“We’re allowed to take deductions against income,” explains Traci Kratish Pumo, the managing...
“Pension detective” Ted Siedle, a former SEC lawyer who now runs Benchmark Financial Services, was awarded a record $78 million for blowing the whistle on JPMorgan Chase’s JPM, +0.84% failure to inform wealthy clients about conflicts of interest that drove the bank’s...
Google knows your money-saving woes.
It’s financial literacy month, so search engine Google GOOG, +0.20% has released its list of the most-Googled personal finance questions, including the questions they get on saving money. The No. 1 “how to save for” question Google...
