The whimsical picture shown above belies the serious matter of many American workers suffering from financial problems. They are living paycheck-to-paycheck with budgets stretched thin affecting employees at all pay levels. Dr. E. Thomas Garman, Professor Emeritus of West Virginia University, became concerned as far back as 2006 about workers struggling with their finances when … Continue Reading
Let’s say, for example, you’re concerned about not having enough money saved for retirement. You’re certainly not alone based on the myriad number of polls, surveys, and studies that have been in the news. So where do you start? You might start at Amazon and search under “Retirement Savings”. At this frozen moment in time … Continue Reading
That’s not my metaphor which is why it’s in quotes. It belongs to Eve Tahmincioglu, the Career Diva, about whom I wrote in 2008. Eve wrote a blog post about the increasing number of 401(k) loans, It’s for retirement stupid…, which very directly expressed her sentiments. Just to reinforce it, her parting words were People, … Continue Reading
That’s a picture of the second-story writing studio that adjoins the Key West house in which Ernest Hemingway lived in the 1930s. He wrote many of his best and most famous stories and books there. His house is now a museum, and the cat in the foreground is one of the approximately 59 others who … Continue Reading
In case you missed it, April was Financial Literacy Month. So did I and I must admit that I wasn’t even aware that it existed until I saw a recent survey by LIMRA. The survey in the form of a quiz found that A Third of Americans Fail Financial Literacy Quiz. No surprises there. I’m … Continue Reading
Over to the right is Help!, the 1965 soundtrack album for the movie of the same name. It’s also the title song which begins: Help, I need somebody Help, not just anybodys Help, you know I need someone, help It’s my pop culture segue to important findings in a recent publication by the Employee Benefit … Continue Reading
No, this post isn’t about resolutions by hedge funds or currency traders. It’s finance of an individual sort: the results of the annual New Year’s Resolution Survey from Allianz Life Insurance Company of North America. The survey respondents said they are most likely to keep the following resolutions: Exercising and dieting: (44%) Managing money better … Continue Reading
