Money Management

Do You Know Your Financial Personality?

by Miranda Marquit December 9, 2013

In recent years, there has been a great deal of interest in pinpointing financial personalities. I find all of these quizzes interesting because they go beyond the idea of being a saver vs. being a spender. Your household finances are more complex than that, and these quizzes offer a more nuanced look at the way […]

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3 Reasons You’re Unhappy with Your Financial Situation – Even Though You Have Enough

by Miranda Marquit November 21, 2013

Even if you aren’t drowning in debt, you might be unhappy with your financial situation. Even those who have plenty of money sometimes become disgruntled with their finances. Indeed, happiness with your finances isn’t related just to the amount of money you have. You can have a whole pile of cash and still not be […]

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Do You Have What it Takes to Become Wealthy?

by Miranda Marquit November 13, 2013

Thanks to inflation, a million dollars isn’t what it used to be. However, even so, the idea of becoming a millionaire — of having that kind of net worth — is appealing to many people. After all, those of us in the middle class often look up to millionaires. For many people, a million dollars […]

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Will You Have to Push Back Your Retirement?

by Miranda Marquit October 30, 2013

One of the biggest fears that many Americans face is retirement. Will you have enough money to retire? That’s a question that many Americans are scared to answer, and the Great Recession has only made the retirement issue even more difficult. A recent article on CNN Money reports on a Wells Fargo survey that makes […]

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Don’t Buy Into the Social-Security-Is-Going-Bankrupt Myth

by Kevin Mercadante October 28, 2013

The Social-Security-is-going-bankrupt claim is one that we are hearing often these days. There’s a grain of truth to it – which will delve into in a bit – but most of it is sensationalist drivel. There is no question that it makes for great attention grabbing headlines, and probably plays well into the hands of […]

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How Much Did the Great Recession Cost You?

by Miranda Marquit October 18, 2013

Many consumers still feel as though the Great Recession is still affecting them, even though it’s been over for years. (Technically, the Great Recession lasted from December 2007 to June 2009.) There’s a reason that many of still feel the pinch, though. The Great Recession cost each household between $50,000 and $120,000, according to a […]

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Could a Financial Punishment Induce You to Change Your Habits?

by Miranda Marquit October 11, 2013

Many of us are looking for ways to change our bad habits. Since money is so important to a number of us, one way to stick to habits might be to attach a financial cost to the bad habit. Not too long ago, Jean Chatzky took part in a colloquium at the George Washington University […]

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