“These seven shows will help you weather the financial storm with your sanity intact, and keep your bottom line in good shape long into the future” writes Emma Dibdin for The New York Times, May 29, 2020. Gaby Dunn, the very funny, very relatable host of “Bad With Money,” who spent many years in a…
Month: June 2020
Zero-interest credit card offers are scarce
With the increase in unemployment due to the coronavirus, credit card issuers are cutting back on no-interest card offers. If you are looking for a way to transfer credit card debt to another card at zero or low interest (and are eligible), you need to consider the transfer fee. Most offers charge a fee of…
College Debt Resources
About 45 million Americans owe more than $1.6 trillion in student loan debts. Let those numbers sink in a moment…And there are plenty of too-good-to-be-true offers to help out.Where can you go for reliable help? Federal ResourcesOffice of Federal Student Aid (for federal student loans) https://studentaid.gov/provides free info on managing loans and programs like the…
Keep track of your pension!
Regardless of the state of the investment markets, it’s wise to keep track of your pension (if you are lucky enough to have one). Many states are far behind in funding state pensions and corporate pensions may be at risk during this severe recession and corporate bankruptcies.More than 100 multi-employer pension plans covering 1.4 million…
9 Critical tax tips for Self-employed
Laura Saunders write the Tax Report for The Wall Street Journal and shares these 9 tips for freelance, gig, online sellers, consultants, independent contractors and other workers who don’t have an employer.1. Track your income. Even if you are paid by someone else, they may not send you the appropriate 1099 forms. It’s your responsibility…
Choosing a college: Tops in prestige doesn’t always lead to top salaries
“The value of a college degree has traditionally been pegged to the prestige of the college itself. But new research suggests that choosing the right program of study can matter more than a prestigious diploma when it comes to good starting salaries…” writes Lisa Ward for The Wall Street Journal, 5/27/20.According to Anthony Carnevale, director…
Jump-Start your Emergency Savings
If you are lucky enough to still be employed now is a great time to begin or boost your emergency fund, especially since there are fewer temptations to spend in this time of coronavirus.Recently The Wall Street Journal published “35 ways to jump-start your emergency savings.” among the suggestions:If you are paid bi-weekly you get…
What’s happening in the stock market during coronavirus?
THROUGH THE END OF MAY – The S&P 500 is down 5.0% YTD (total return) through 5/29/20. Just 121 stocks in the index are up YTD. The S&P 500 consists of 500 stocks chosen for market size, liquidity and industry group representation. It is a market value weighted index with each stock’s weight in the index proportionate…