This let's-live-for-today approach has become a macro and micro economic problem. It's macro because it hurts our economy. It's micro because tens of millions of Americans face retirement without adequate savings.
With laptops, we can file sales reports from home, conference from a hotel room, and (regrettably) update spreadsheets on vacation. What's becoming increasingly common, however, is that many of these tasks can be accomplished from your smart phone.
In light of Women's History Month, I took a look back to reflect on the progress women have made on the financial front. We've come a long way since my grandmother's time -- and that is something to celebrate.
I'm delighted to announce the launch of HuffPost Money, a section dedicated to looking at the big financial stories of our time, with an eye on answering the question: how do the day's headlines affect you and your finances? Check it out here.
You don't just want smart people to manage your money, you want smart people you can trust -- who are comfortable with the 21st century culture of transparency, not the 20th century secretive approach.
Too many people underestimate the importance of having a savings account. So why doesn't everyone have an emergency savings fund? The answer is simple: They spend more money than they earn and have trouble living below their means.
Only about one in seven Americans were willing to give up Internet access. We are more willing to give up sex for six months than cut off access to email -- is this really what money stress has come to?
Keeping our long-term goals on our radar, and knowing the exact steps we can take to get there via a financial plan, is just the motivation we need to stick to our budgets, save for retirement and plan ahead.
After four years of coping with a stagnant economy, probably the last thing you want to hear is how important it is to sock away money for a rainy day -- you already know that. But hear me out, just in case.