Forbes recently reported that we are at the brink of the largest intergenerational wealth transfer in history1. Over the next 30 to 40 years, $30 trillion in assets will pass from one generation to the next in the United States. The Center for Rural Pennsylvania estimates2 that in Lancaster County, Pennsylvania alone, $1.1 billion transfers[…]
Do you worry about money? Countless people do—surveys consistently find that finances are one of the most common sources of anxiety. Maybe you worry about having enough money for retirement. Or perhaps you’re living paycheck to paycheck and struggling to pay your rent or mortgage on time. Mounting credit card debt only adds to the[…]
Financial stress is a widespread experience. According to the American Psychological Association (APA), 72 percent of Americans are stressed about money at least occasionally and 22 percent feel extremely stressed about their finances. This is pretty significant because financial stress is linked to health problems like depression and sleep problems. With the rising cost of living, many Americans are feeling[…]
Rich or poor, people tend to make the same money-wasting errors again and again. It doesn’t have to be that way. When it comes to managing our finances, many of us are knuckleheads. Meg Bannon, an English teacher at Cambridge Rindge and Latin School, cops to it. Headed toward 30, she was lazy[…]
While money is a relatively common cause of stress and marital tension, the serious global economic downturn we’re currently seeing has many people concerned about losing their home or their savings—or both. If you’re finding yourself stressed about money, the following steps can lead you to a greater sense of peace, and a brighter financial[…]
If you worry about money, you’re not alone. Studies show 72 percent of Americans feel stressed about their financial situation. Fortunately, these strategies can reduce your money worries fast. It’s a common misconception that making more money will bring more happiness and less stress, but research doesn’t show this to be the case. While more[…]
Identity theft can be a time-consuming and costly hassle, but there are measures you can take to protect your personal information and avoid the headache. One tool that can help is credit monitoring. But what exactly does credit monitoring do? And more importantly, is it enough to keep you safe? What is credit monitoring?[…]
I’m wondering how many people have returned to their old habits now that the Equifax data breach is not in the news every day. Protecting personal information to avoid identity theft needs to be ongoing. There is probably no way to remove all risk of identity theft, but there are many steps that can be[…]
The Tax Cuts and Jobs Act of 2017 (TCJA) was signed into law by President Trump on December 22, 2017. Many of the provisions in the bill went into effect at the beginning of 2018. The bill falls short on many of the simplification goals I wrote about in my November 9, 2017 newsletter, What[…]
We did the math. It’s a lot more than you think! You’ve heard about all the health perks of packing a lunch: A homemade midday meal with a good balance of nutrients can help you eat cleaner, dodge unwanted calories, and power through your afternoon. But if that’s still not enough to convince you to adopt this super-healthy[…]