A day after President Barack Obama gave the go-ahead for the Treasury Department to create a "starter" savings account, experts are weighing whether it will be worthwhile or just another ignored investment tool.
As a young adult, my parents taught me to never discuss religion or politics in a social setting, especially if you know and like the other people in the room. I've since learned that sex is often included along with religion and politics in the trifecta of taboo polite conversation topics. Trust me, growing up 50 years ago in the farmlands of Ohio it went without saying that sex wasn't something you talked about in public (or even in private, for that matter).
The following is a guest post from author Jonathan Peterson, an executive communications director at AARP and a former national and financial correspondent for the Los Angeles Times.
Personal finance expert Lynette Khalfani-Cox, a.k.a. The Money Coach, says living within your means is the best thing you can do to be financially secure. But if it's so simple, why is it so hard?
The national debt ceiling deadline continues to dominate headlines as August 2 nears, but a recent Associated Press-GfK poll highlights debt stress of a different kind. It revealed that more than half of Americans have money worries about what they owe to creditors.
Everyone is trying to save money anywhere they can these days, while still doing all the things they love, like traveling and indulging in your favorite foods and restaurants. (I personally can't wait for the coupon section each Sunday!) AARP Bulletin has a great list of 99 Great Ways to Save - with tips that you might not have thought of on your own! Check them out...and here is a sampling of a few good ones:
The economic crisis has not only left financial investments very complicated, but has also left ample opportunities for scam artists. The most recent Inside E Street episode talks to experts about how consumers can protect themselves from dangerous situations arising when investing. Make sure to check it out.
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