To err is human, but when mistakes affect your pocketbook it’s not exactly divine. Don’t feel alone if you’ve committed a financial blunder, though. Two-thirds of Americans have made a significant money mistake somewhere along the way, says Jim Chilton, founder and chief executive officer of the non-profit Society for Financial Awareness (www.sofausa.org). Since April […]
Money worries can lead to sleepless nights for just about everyone, but surveys routinely reveal that women more than men feel the anxiety from a rocky financial situation. In a 2014 Money Magazine survey, for example, two-thirds of women said they were worried about their financial outlook, compared with 54 percent of men. Recent studies […]
While women continue to make impressive strides in academics, in the business world and with buying power in general, a significant percentage are vulnerable to retail therapy and other modes of frivolous spending, says Erica L. McCain, a veteran financial expert, LUTCF and founder of McCain & Associates, (www.mccainins.com). According to a recent study from […]
When it comes to buying power, women are steadily overcoming men. Throughout the next decade, women will control two-thirds of consumer wealth in the United States and will be the beneficiaries of the largest transference of wealth in our country’s history, according to Fleishman-Hillard Inc. “The stats on a woman’s earning and buying power are […]
New Year’s is a time to both reflect on the past and set important goals for the future. Why not include your personal finances in your list of resolutions? The Department of Consumer Affairs (DCA) offers these tips as part of its ongoing series of tips to help you manage, grow and protect your money […]
Jacqueline Whitmore, an internationally-recognized etiquette expert, author and founder of The Protocol School of Palm Beach, offers these guidelines for ‘tipping” this holiday season: – Give what you can. Tips are appreciated, but not mandatory. If your budget is limited, opt for a small gift and a thank you note. If you’re unsure of who […]
For most children in America, the holiday season is a wonderful time, with tasty treats, vacation from school, and plenty of toys and gifts that seem to magically appear. Of course, parents know it’s not magic — those gifts cost money! Not having to worry about that part of it is a gift found only […]
What does it take to be comfortable during retirement? Conventional wisdom calls it the 4 percent rule – withdrawing about that amount from your nest egg each year to live comfortably. And, for that, millions of Americans believe they need to stick to a job they don’t like during their earning years. “Unfortunately, the kind […]
Half of all Americans with children do not have a legal will, according to a survey done by the legal service RocketLawyer. “While the survey was conducted in 2012, the attitudes Americans have on inheritance and legacy matters seems to remain the same through the years, individuals would rather focus on the here and now” […]
Do women have different relationships with money than men? Very definitely, yes, says entrepreneur and business coach Meriflor Toneatto. “For women, money is an emotional currency, tied to our sense of self-worth and confidence, which can lead us to financial pitfalls that ultimately limits what we pursue in life,” says Toneatto, a certified business and […]
An onslaught of retiring baby boomers; the uncertain duration of Social Security funding; difficulty with workplace retirement accounts like 401(k)s – even if these factors were stronger than they are now, you’d still have a heavy burden in managing your finances during retirement, says financial planner Carl Edwards. “Financial planning for retirement has always been […]
As people get closer to the age when they hope to retire, traditional wisdom calls for moving into more conservative – safer – investments, such as Treasury bonds and many fixed-income mutual funds. “The problem is, what is ‘safe’ for one person may not be ‘safe’ for another, given the amount of money in their […]
Everyone has a relationship with money, but for women, it’s much more fraught with emotion, says Meriflor Toneatto. When we avoid and ignore those emotions, we allow them to quietly guide our decision-making – which inevitably holds us back. “Understanding our emotions, fears and doubts about money and how they affect our behavior can help […]
The Darby Foundation will be presenting its 2014 Global Career Empowerment Summit on July 24 – July 26, 2014 at the Miracle Christian Center located at 334 Fulton Ave. Hempstead, New York 11550. The Miracle Christian center is under the leadership of Dr. Phyllis Young, Founder and Bishop David B. Gate, II, Sr. Pastor. Thursday, […]
With approximately one-third of taxpayers purported to wait until the last 30 days leading up to filing deadline, there is egregious opportunity loss with respect to potential tax savings were strategy to be employed all year through. Sadly, many small and home-based business owners, solopreneurs and start-up owners are serial “late filers” and miss out […]
