Credit: Shutterstock A classic early warning sign of cognitive decline and possibly dementia is losing the ability to manage your personal finances. And that can lead to a host of challenges if you are the daughter, son, wife, husband or partner of a loved one in this situation. As Mona Rawlings, of Mendota Heights, Minn.,
Modern-day weddings have a notorious reputation for being pricey. On average, Americans spend roughly $33,391 on their weddings, according to The Knot’s 2017 Real Weddings Study. But that doesn’t mean they can afford it. More than 74 percent of couples will go into debt for wedding costs, reports Student Loan Hero. But, of course, how
Our financial decision-making abilities peak in our 50s and can decline pretty rapidly after age 70, researchers tell us. That’s how otherwise smart older people fall for sweepstakes frauds, Nigerian investment schemes and the grandparent scam, where con artists pretend to be grandchildren in a financial jam. But few people want to hear that they’re
Most parents would agree that when it comes to raising children, the old adage “the days are long, but the years are short” rings true. It also applies when we look at education funding. You can’t start saving too soon when it comes to college, since age 18 may be here before you know it.
From when to say “please” and “thank you” to how to drive a car, we learn a lot from our parents. Oftentimes, that includes picking up on their money habits as well. And while some of that financial wisdom consists of worthwhile advice that we’ll turn around and pass along to our own kids, other habits are better off forgotten.
Women face a number of gender-specific risks when it comes to money. According to U.S. Census Bureau research, women earn roughly 80 cents on the dollar compared with men. In addition to the disparity in our paychecks, there is a far more significant lifetime earnings gap that is most prevalent with women who take time