Now that the 2013 tax due date is essentially behind us and Tax Freedom Day – the day when the nation as a whole has earned enough money to pay its total tax bill for the year – is expected to be April 21, 2014 (three days later than last year), it’s good to know that we all get to keep every dollar we earn for the balance of the year. For those who take a little more pragmatic approach,Read More
Funeral costs have risen so far and so fast lately that people who have been through it tell what may be the unfunniest joke in history: they say that dying has become so expensive that nobody can afford it any more.
One reason for these cost increases is that many people fail to plan for the funeral, the burial plot or cremation, the flowers and everything else before the fact. Suddenly, the grieving family has to make complicatedRead More
As we all gear up to help our kids with their Reading, Writing & Arithmetic, it’s too bad that list doesn’t also include personal finances. Most kids learn the basics of money and making change in grammar school, but probably won’t learn how to manage money unless they choose finance as a career path. That means it is up to all of us to see that our children reach adulthood prepared to face life’s fiscal challenges.
The best and earliestRead More
As we all ponder the financial success of the Beijing Olympic Games and wonder what the financial impact might be if Chicago is successful in its bid for the 2016 Olympics, thoughts might turn to the individual athletes and the true meaning of winning the GOLD. Setting aside the emotional reward of an athlete’s (and his/her families) commitment and dedication as well as the tremendous value of endorsements received by the likes of Michael Phelps, the actual value of theRead More
It’s not going to happen to me.
Medicare or my health insurance will take care of it.
My children will look after me.
America as a nation is aging rapidly and many people avoid thinking about the day when they or a loved one will need long-term care services and therefore fail to plan. Long-term care refers to the many services beyond medical care and nursing care used by people who have disabilities or long-lasting illnesses. Long-term care insurance helps pay for theseRead More