Those of us who work in personal finance sometimes forget that our jargon is not fully understood by others. Just like when my son’s teachers explain his test scores using a ton of alphabet soup assuming I can put this information into some sort of parenting use, when really, I don’t get it at all.…
Summer is in full swing and as my readers are probably VERY in-demand, you may need a handy recipe to bring to all those parties at which your presence is requested. To be the most popular guest at summer gatherings, in addition to bringing copious drinks, here is the best recipe to contribute to the…
Recessions, inflation, and bears, oh, my! Dorothy, Scarecrow, and Tin Man didn’t know how easy they had it just worried about lions and tigers and bears. What is a Bear Market, anyway? How does it compare to a Bull Market? How is a Bear related to a Recession? Herewith, the answers: A…
It’s summer and we here in Colorado love to get out and enjoy our beautiful scenery. The thing is, there are more of us in the state to share the space. So how to we get away from it all without the hassle of terrible parking, too much dog poop, and weaving around slow families…
If it bleeds it leads and that can certainly be said about the media frenzy around high inflation rates. Of course, prices are going up and it’s uncomfortable. But are all your costs going up 8%? Maybe, maybe not. The Consumer Price Index is the measure most often cited to show the cost of…
With the stock market experiencing painful losses in 2022, you might wish you had another way to pay bills that didn’t involve selling investments while they are down. If you are a homeowner with more than 50% equity in your property, there may be a way to do that. Reverse mortgages are available to…
Having just signed up for AARP (saved me $80 on a hotel reservation!), I got to wondering, what do other countries offer their seniors to make life healthier, happier, and more affordable? If you get a retirement visa in Panama, look forward to big discounts on entertainment, local transportation, airfare, power bills, medication, movie…
Where do boats go when they get sick? To the dock. What would the Terminator be called in retirement? The Exterminator. My friend keeps saying “cheer up man it could be worse, you could be stuck underground in a hole full of water.” I know he means well. Happy Father’s Day!
Yep, it’s been a while since we last had a recession. And while I don’t know if we are in one now (that’s something you don’t know until it’s over), the 2022 market losses probably feel recession-y to you. You may have forgotten what they are like, so here is a fast FAQ on recessions.…
I bonds are getting a lot of interest because inflation is finally up. Over the past 10 years, the return has been around 2%-3% average over the long term. Consider these things about I Bonds: You can only put $10,000/year per Social Security number in them per year. You must hold them for 1…
