Episode #30: Financially Savvy Grandparenting: Part 2
The second part of our conversation about helping your grandchildren grow into financially savvy adults.
The second part of our conversation about helping your grandchildren grow into financially savvy adults.
Chanda Bell got the idea 14 years ago to share a family tradition from her childhood that involved an elf sitting on a shelf. She never imagined it would erupt into a Christmas-time phenomenon that's been embraced by millions of families. Bell, her mother Carol Aebersold, and her twin sister Christa Pitts are the trio behind the wildly successful "The Elf on the Shelf: A Christmas Tradition" storybook. The book comes with a pixie elf doll, whose job is to keep an eye on the children [...]
We’ll give you 7 tips to consider to help your grandchildren grow into financially savvy adults.
Answering your questions about how to find a reputable advisor and what to do if you hate all the advisors you’ve met with in the past.
We've all got an image in our minds of who uses "offshore tax havens" to host their business. Let's say you're a junior-varsity Russian oligarch. You've spent a lifetime looting your country's resources like an all-you-can-steal buffet, and now it's time to take some of your chipskis off the table. You buy a flat in London's posh Mayfair, or maybe a condo overlooking New York's Central Park. Then you stash the rest of your rubles in some sunny flyspeck of an island like Bermuda or the [...]
Women tend to face financial challenges that men often do not. What these hurdles are and how to deal with them are important questions that Lewis Walker, a financial planning and investment strategist at Capital Insight Group in Peachtree Corners, Ga., answers: Fortune magazine, in its Oct. 1 issue, profiled “The 50 Most Powerful Women” in American business. No. 2 on the prestigious list is Indra Nooyi, chairman and CEO of PepsiCo. Dubbed “The Queen of Pop,” Nooyi was asked, “What advice would you give women entering the workforce today?” [...]
Why are money decisions so stressful? No, it's not because you're broke. It's because your brain is fundamentally challenged when it comes to financial choices, according to neuroscience. And going it alone only makes it worse. "Our brains are really good at avoiding major risks and keeping ourselves alive," says Dr. Sam Barnett, a neuroscientist at Think Alike Labs and chief executive of SBB Research, a quantitative investment firm, who was the lead researcher. "Our brains were not designed to make the kind of complex decisions [...]
In a follow-up to our podcast on putting the tax code proposals in context, we’ll take a deeper look at how the tax code influences the stock market’s outlook. We’ll also ask J’Neanne if the “middle class” gets accurately reflected in the proposed brackets. And if you’re retiring soon, should you put it on hold until the tax situation works itself out?
Answering your questions about long term care, TSPs, and do-it-yourself investing.