Big Economic Challenges Await Biden and the Fed This Fall

WASHINGTON — The U.S. economy is heading toward an increasingly uncertain autumn as a surge in the delta variant of the coronavirus coincides with the expiration of expanded unemployment benefits for millions of people, complicating what was supposed to be a return to normal as a wave of workers reentered the labor market. That dynamic is creating an unexpected challenge …

How to Get Things Done When You Don’t Want to Do Anything

This April, I was feeling good. I’d figured out the public pool’s lane-reservation system and swam several times a week. I couldn’t wait to write new stories once my kids went back to school. With vaccines on their way, I even made travel plans. Three months later, I’m in a slump. The pool stopped requiring reservations, but I haven’t been …

Tough Parenting Decision? Take a Page Out of the CEO’s Playbook.

It’s lonely at the top. This phrase often resonates with senior executives, but there’s another group it applies to: working parents, particularly those who are managing their kids solo. And it is especially true when faced with tough choices. Both executives and single parents grapple with decisions that can’t be discussed with others. For executives, that may be because everyone …

Looking on the Bright Side May Be Good for Your Health

My husband and I were psychological opposites. I’ve always seen the glass as half-full; to him it was half-empty. That difference, research findings suggest, is likely why I pursue good health habits with a vengeance while he was far less inclined to follow the health-promoting lifestyle I advocated. Gracia Lam .jpeg I’m no cockeyed optimist, but I’ve long believed that …

Will the economic recovery survive the end of emergency stimulus?

IN “GAME OF THRONES,” a fantasy drama, a duel takes place between Khal Drogo, a fearsome warrior, and a rival. Khal Drogo comes off unscathed from the brutal battle, suffering only a scratch to his chest. But the wound festers, gradually weakening the fighter. A few scenes later, Khal Drogo falls off his horse and eventually dies. Many economists worry …

Counting What Counts – Finding Purpose In Financial Planning

“Not everything that can be counted counts, and not everything that counts can be counted.” Albert Einstein Indeed, this is hardly the only quote of Einstein’s that relates to personal finance, and almost certainly not his most famous. That award likely goes to: “Compound interest is the eighth wonder of the world. He who understands it, earns it … he …

Best Retirement Planning Advice Ever: Know Thyself

A friend of mine spent over 10 years in a career that wasn’t a great fit. She earned a meager salary, her bosses sighed every time it came time for performance reviews and she didn’t advance in her role.  Image credit- Depositphotos.com contributor:Depositphotos.com via MarketBeat .jpeg In turn, that affected her earnings, which affected her retirement savings, which affected her …

5 Steps To Protect Your Retirement Assets And Income

As you transition into retirement, it’s a good idea to adopt strategies that help protect you from significant financial losses in your later years due to mistakes, financial exploitation from unethical friends and relatives, and fraud. Protect your retirement from financial losses as you age./Getty This “Thinking Ahead Roadmap” helps you select a financial advocate who can assist you in …

The Gift of Financial Education for the New Grad in Your Life

With financial adulthood comes a series of firsts — apartments, loan payments and other complex decisions, all made while rent is high and starting paychecks are low. So, what if that young adult heading out into the working world could confide in a trained, trusted guide, someone who might share the magic of compound interest or illustrate how setting aside …