Category Archives: Personal Finance

Money Makeover Contest

Are you 50 years of age or older? Has the rocky economy dealt a blow to your finances? Are you suddenly having trouble saving for retirement, providing for a parent or a child, paying medical expenses, or simply making ends meet? Whatever your financial challenge, AARP would like to give you a hand—and you may [...]

Personal Saving Rate Jumps

According to the Bureau of Economic Analysis, personal saving as a percentage of disposable personal income was 6.9% in May. It was 5.6% in April and 4.3% in March. The 6.9% rate was the largest since 7.6% in December 1993. The personal saving level of $768.8 billion, which followed an April level of $608.5 billion, [...]

Thrift Savings Plan Changes

Who would have ever thought that smoking would be good for my health? My financial health that is.
As reported in the June 12th Federal Times:

Federal employees will get four new features in their Thrift Savings Plan, including a Roth 401(k) option that allows them to contribute after-tax dollars into their savings plan and then withdraw [...]

Buffett and Bogle

I was perusing the financial sector today and happen to notice that Goldman Sachs (GS), has been trading above $140.00/share for the past few weeks.
That’s quite an improvement from three to six months ago, when everyone thought the world was coming to an end, and Goldman Sachs was trading around $50-$60/share.
I’m sure it also happens [...]

Un-Broke: What You Need To Watch

UN-BROKE: What You Need To Know About Money, is airing Friday night at 9PM EST on ABC. It should be both entertaining and educational.
According to the ABC Movies and Specials website:
Schools teach us almost everything, but not “Money 101.” For the basics on finance, turn to UN-BROKE: What You Need to Know About Money. It’s [...]