(Robin Hartill, CFP®) In normal times, a guaranteed 9.62% return on your money with virtually no risk would be impossible. But with inflation at 40-year highs, that’s exactly what Series I bonds are offering. The US Department of Treasury recently announced that I bonds will pay a 9.62% annual interest rate on bonds issued from […]
After growing for six consecutive quarters following the short, steep Covid-induced recession in early 2020, the US gross domestic product slipped by 1.4% in the first quarter of this year. The drop, which surprised some economists, is just one more sign that the US economy is beginning to slow. That’s not necessarily a bad thing. […]
photo: worawit_j (Shutterstock) Recently, Georgia became the 13th state in the country to mandate personal finance education for high school students. According to Next Gen Personal FinanceGeorgia joins Alabama, Florida, Iowa, Mississippi, Missouri, Nebraska, North Carolina, Rhode Island, Ohio, Tennessee, Utah, and Virginia in requiring teens to take at least one semester of personal finance […]
(Maurie Backman) Social Security commonly serves as a financial lifeline for singles and married couples during retirement. And couples often benefit from the program even more so because Social Security pays spousal benefits to people who don’t qualify for benefits based on their own earnings histories. For example, say there’s a couple where one spouse […]
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Financial movements like FIRE, velocity banking, and the strategies promoted by personal finance influencers like Dave Ramsey and Suze Orman often play an outsized role in shaping families’ financial strategies. But this advice is a double-edged sword in the eyes of many professional financial planners. These financial strategies can encourage individuals to address their financial […]
A mid-February survey from US News & World Report reveals that over two-thirds of respondents believe that a personal finance course should be a requirement to graduate from high school. On top of that number, another 26% say it should at least be offered as a high school elective. According to Next Gen Personal Finance, […]
(Maurie Backman) It’s been a really tough ride for investors these past few weeks. Stock values have been plunging since the second part of April, and that’s on top of the losses investors were already seeing in their portfolios due to earlier-in-the-year volatility. At this point, it would be premature to say we’re in the […]
(Maurie Backman) It’s been a really tough ride for investors these past few weeks. Stock values have been plunging since the second part of April, and that’s on top of the losses investors were already seeing in their portfolios due to earlier-in-the-year volatility. At this point, it would be premature to say we’re in the […]
(Robin Hartill, CFP®) In normal times, a guaranteed 9.62% return on your money with virtually no risk would be impossible. But with inflation at 40-year highs, that’s exactly what Series I bonds are offering. The US Department of Treasury recently announced that I bonds will pay a 9.62% annual interest rate on bonds issued from […]