debt

Parents, Get Your Financial Life in Order. Then Talk to Your Kids.

Posted on 04/1/2013 by | Money and Work | Comments

Bulletin Today | Money & SavingsA new survey that questions whether parents talk to their school-age kids about money reveals some startling results — namely, that nearly one in five parents expect to lean on their children for financial help in their retirement years. The Parents, Kids & Money Survey by investment firm T. Rowe Price was designed in part to find out whether parents talk to their elementary- and high school-age kids about saving and spending, and just how in-depth they go in guiding their children …

I’m Taking Away Your Allowance

Posted on 10/29/2012 by | Sex & Relationships | Comments

Home & Family | Money & Savings | RelationshipsQ: My husband will not quit spending. He has purchased several vehicles, only to trade them in for less than we owed on them. During our 18-year marriage, we have refinanced our house six times to pay off loans and credit cards. When we refinanced this last time, I refused to pay any of his credit cards or loans off. I would not have even considered refinancing again, but the low rates were appealing. That was 21/2 years ago. I …

Older Adults Say Their Financial Situations Are Looking Up – But Barely

Posted on 09/20/2012 by | Money and Work | Comments

Bulletin Today | Money & Savings | WorkSo do you want the good news first or the bad news? OK, the good news: We’re feeling better about our net worth and our finances in general. According to a new index that measures our perceptions of our financial security, most of us between the ages of 50 and 64 believe that our overall financial picture has improved in the last 12 months. Yes, we still have a long way to go, but let’s not ruin a feel-good (or …

A Lifetime of Debt

Posted on 05/7/2012 by | The Ultimate Cheapskate | Comments

Money & SavingsGrowing up 40 years ago, one of my favorite pastimes was playing The Game of Life, the classic Milton Bradley board game that takes players through their simulated lives – from college to retirement – with make believe jobs, families, and other life-changers all along the way.  It was always a lot fun to play, and it gave me a chance to fantasize a little about what my own real-life future might be like. The other day I ran across …

The Takeaway: Student Loan Debt Still Haunts Older Adults

Posted on 04/2/2012 by | Brooklyn, NY | Comments

News RoundupsMillions of older adults are still paying off student loan debt. New research from the Federal Reserve Bank of New York found Americans 60 and older still owe about $36 billion in student loans.

AARPMoney Twitter Chat Wrap: Lynnette Khalfani-Cox

Posted on 01/10/2012 by | AARP Blog Author | Comments

Money & SavingsThis is a guest post by Tara Finnegan Coates, editor for money and work content on AARP.org. Thanks to everyone who had a chance to participate in our twitter chat Tuesday with AARP money expert Lynnette Khalfani-Cox  (@themoneycoach).  Lynnette is currently hosting  the AARP Pay Down Your Debt Challenge through Jan. 29 on AARP.org. In case you missed it, here’s some of the highlights from the chat. Americans racked up $20B on credit cards in November. Total debt (housing included) …

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