Financial Planning

In the world of financial planning, the old adage "failing to plan is planning to fail" couldn't be more accurate. While investing time and resources into meticulous financial planning may seem daunting, the absence of such foresight can lead to far greater regrets down the line. I...

Opening your mind to thinking outside the box begins by acknowledging that you are inside a box. Our experiences shape our ideas, beliefs, and our world view. The narrower our experiences, the smaller the box and the more confined that view remains. A Deep Generalist Or Broad Specialist Many people...

Sending children to college can be a significant financial burden for parents, often made worse by small oversights that can add up to substantial costs. The Wall Street Journal reports. Underestimating Out-of-Pocket Expenses Parents often underestimate the costs related to food, transportation,...

Artificial Intelligence, or AI, might seem like something out of a movie, but it's more useful than you might think. So how can you make the most of it with your money? First, you need to understand what it is.   Understanding Artificial Intelligence in Finance Artificial Intelligence is...

Fidelity Investments, a $4.5 trillion asset management company, has filed three trademark applications with the United States Patent and Trademark Office (USPTO) for a variety of Web3 goods and services, including an NFT marketplace and a crypto trading platform in the metaverse. The applications,...

By John L. Savarino Financial planning for retirement should always be a thorough and careful process. Fundamental to it is being cognizant of the many variables that can affect our income, investments, taxes and savings. Well, some of the key variables are volatile right now. Inflation has hit a...

A few generations ago, if you were in your 50s, you were likely on the downhill slide to retirement, with most big financial decisions in the rearview mirror. But Americans are living and working longer, and a 50-something may have nearly half a life ahead. Fifty-somethings are likely in their peak...

There are so many ways you can handle your budget without calling in the big guns. However, whether you are not financially literate, don't seem to have the time/motivation or are so far removed from financial security that you don't even know where to start, using available resources such...

Debt happens to many people, but some face a debt situation unlike the "average" graduate who carries loan debts and has a plan for paying them off, or the homeowner who has a mortgage payment and a car loan. Seemingly insurmountable debt, however, is a different beast. This debt is the debt that...

Budgeting is often handled as a one-and-done practice, with all of the outlining and planning taking place only once. This prevailing notion overlooks how transient life is. With every passing day, your life changes – if you do not expect to be the same person you were 10 years ago, why...

Summer is quickly coming to an end, and the holiday season is once more cheerfully rapping on doors, windows and wallets. September hasn't even come to a close, but the signs of the changing season are already peeking through. It's Coming! Wall Street Journal contributor Spencer Jakab unabashedly...

The verdict is in. BMO Financial Group released a report Tuesday that found that 80 percent of respondents are making at least one New Year’s resolution. While heath-related resolutions are at the top of the list, those related to money ranked second. More than half -- 60 percent, in fact -- of...