Buffett used his punch-card analogy in an investment context. It's consistent with his belief that really profitable investment decisions are few and far between. But I think the punch-card analogy applies equally well to life, and to the decisions that define and shape our lives.
Step back to appreciate that life is a balancing act and retirement savings needs a seat at the team next to YOLO and FOMO.
The words "college life" and "savings" are typically not used in the same sentence today. However, for college students preparing to move onto campus this fall, finding ways to save money may very well be as important as their academic major.
As part of a joint federal-state sweep by the Consumer Financial Protection Bureau, the Federal Trade Commission and 15 states targeting scam operations that prey on financially struggling homeowners and those facing foreclosure. Along with the FTC and CFPB, attorneys general from the following states participated in the sweep: Arizona,...
No matter where you are in life, finances can be a big pain in the you-know-what. It doesn't get easier, no matter how much older you get. So to help, we've devised a little roadmap of goals that everyone can follow to make sure they are meeting the right financial goals for their age.
Planning For Retirement,
Women Retirement Planning,
How To Retire Early,
How To Retire Young,
We talked to Jeremy Jacobson, 39, who retired a year ago thanks to the nest egg he and his wife saved for 10 years. They have no plans to rejoin the workforce, because they expect their money to last another 60-plus years. They even want to have kids.
Money is one of the top causes of divorce in this nation. Couples who face financial problems together will survive them and come out stronger in the end. Don't let the stupid stuff bog you down and ruin your marriage.
A variable annuity is a mutual fund-type investment contract between the investor and an insurance company, under which the insurer agrees to make periodic payments to the investor, beginning either immediately or at some future date. So how do they work?
Now you are your own Columbo. You have a few questions at the ready to slip into the conversation after they get to talking. Maybe after the pleasantries? Remember, you are looking for straightforward answers to the questions. No evasive stuff.
But if you think you're protected from losing cash by using a debit card, perhaps you need to rethink your definition of protection. Debit cards get scammed the same as credit cards, but that's where the similarity ends.
Ann Brenoff's On The Fly,
Looking For Work After 50,
Labor Day Employment,
On The Fly,
As companies focused more on the bottom line, they began to refer to workers as "assets" and when times got tough, they looked at which "assets" to cut. "Do more with less," "Get rid of the fat," and "leaner and meaner" were the propaganda slogans that sent chills down workers' spines. Older workers quickly read the writing on the wall.
Reloadable prepaid cards have evolved over the past few years, but many Americans are not informed on how to compare and benefit from this financial product. These cards can be very beneficial for a variety of consumers, as long as they devote the time to finding the card that's best for them.
I was recently asked by a darling 20-something gentleman, who graduated from college in the last few years, how he can begin building his credit now that he has a budding career and eyes on his financial future. His question is a great one and so relevant to this time...
Back To School,
Personal Finance Education,
The new school year is just around the corner, and as I think about the importance of financial education, I want to remind all parents -- and grandparents -- that it's never too early to help kids learn about money.
Money Saving Tips,
Career & Money,
How To Save Money,
Wouldn't it be wonderful if you could make your own decisions by meditating and listening to that small still voice that whispers, 'Don't go to college; you're not ready yet. Save your money instead.'
It seemed like a good deal. That credit card you signed up for had great terms, it came with a gift of bonus points to boost your account, and even a waiver of the first year's annual fee. But now that the card's anniversary is coming around you're having second...
Most commonly, thieves will harvest kids' dormant Social Security numbers and use them to illegally obtain jobs or open fraudulent bank and credit accounts. Many victims don't realize there's a problem until years later, when they are turned down because of the poor credit history someone else racked up in their name.
One in four U.S. employees are low-wage workers. That is 20 percent higher than in the United Kingdom, and the highest percentage among industrialized nations. So how'd that all anti-union stuff work out?
The majority of borrowers are unaware that auto dealers have the discretion to increase their interest rate for compensation, but it's far too common. According to a recent survey, 68 percent of all consumers did not know that car dealers could increase the interest rate. Of borrowers of color, 75 percent were unaware.
HuffPost Home News
Released in July 2014, FHFA Brief 14-02, '"First Time Homebuyer Share and House Price Growth", arrives at a statistically supported conclusion that is at the very least predictable, if not painfully obvious.