Why I think of money at Thanksgiving

Don’t worry — this article isn’t going to be as cynical as that title may sound. I don’t even think my sentiments are especially materialistic. However, I do think handling money the right way is one of the most important things one can do for one’s family, and thinking of it that way sets me […]


4 retirement saving mind games

I was reading recently about endurance swimmer Diana Nyad’s feat of becoming the first person to swim from Cuba to Florida. The physical details of what she went through are mind-boggling, but what struck me also was the psychological element. It reminded me that certain mind games can be very useful in reaching long-term goals, […]


Budgeting for the present and future

Most people wrestle with a conflict between the present and the future — how do they meet immediate financial needs and still set aside money for retirement? Learning how to use budgets can be a way of bridging this gap between present and future. When you are getting started, budgeting can seem a little intimidating. […]


Marriage and money: Sharing the load

Over the past 30 years, I’ve had ample opportunity to see how married couples handle their finances. Some do a better job than others, but in general it is healthier for those finances — and the marriage itself — if both spouses take the attitude that they are in this thing together. That may seem […]


Young workers see the light on saving

People often talk about micro- and macro-economics in the abstract, but sometimes you run into a perfect example of how a specific case resonates with a broader trend. I was recently talking to a graduate student in his early 20s who just earned himself a paid internship for the year ahead. The compensation includes the […]


How’s your housing recovery?

This article is by staff writer Richard Barrington. They say real estate is all about location, location, location, but I think it may be even more specific than that. The condition of the real estate market can vary from house to house. The backdrop for this topic is a series of stories about the recovery […]


The outlook for 30-somethings may be looking up

This post is from staff writer Richard Barrington. It would be understandable if today’s 30-somethings feel they were born too late to take advantage of financial opportunities available to previous generations. However, the way the interest rate cycle is playing out, financially responsible 30-somethings might find things falling very much in their favor in the […]


The past, present and future of personal finance

This post is from staff writer Richard Barrington. When you think about money, are you primarily concerned with the past, the present or the future? Living in the present is generally considered a healthy way to go through life, and this extends to personal finances as well. However, when it comes to personal finances, you […]


How financial milestones have changed over the years

This post is from staff writer Richard Barrington. A recent conversation I had with some fellow 50-somethings sparked a series of thoughts on how expectations about wages have changed in the 30-odd years since we got out of college. Some compensation milestones have clearly changed, while some haven’t. This in turn got me thinking about […]


A simple way to understand a complicated stock market

This post is from staff writer Richard Barrington. The stock market has been taking its lumps over the past month, with the most consistent source of upset being speculation over when the Federal Reserve would end its aggressive stimulus program of low interest rates. The irony is that this speculation has been triggered by improved […]