There is a real fear about the cost of seeing a doctor and how it can impact your finances. Millions of Americans receive surprise medical bills each year. That includes insured individuals, according to research by the Peterson-KFF Health System Tracker. A new federal law, The No Surprises Act, went into effect Jan. 1, 2022, banning most unexpected medical charges.
Supply-chain problems became the almighty boogeyman in 2021 alongside Covid, and now its partner in crime, inflation, is the thing causing anxiety. The Consumer Price Index rose to 7% in December 2021, which is the highest it’s been since the early ’80s. But should the typical consumer be worried about inflation?
First comes love and then comes ... a frank discussion about the realities of moving in together.
The job market has changed quite a bit since I graduated in 2011. Even before the pandemic, the business world was aflutter about the rise of the gig economy. Now side hustles and working remotely have become the norm. But what hasn’t changed is the stress and anxiety that comes with entering the workforce.
Lay away. Credit cards. Installment loans. We’ve been engaging in “buy now, pay later” practices for decades. The latest model actually bears the title.
Revenge spending (verb): to overindulge after a period of restriction. Sound familiar?
For many, paying off debt and putting money away for retirement are the first financial goals to work toward.
A common reaction to hearing about a pregnancy is to say congrats and perhaps send a onesie. But there are other ways to celebrate and support newly expecting parents.
In the coming decades, a Great Wealth Transfer will be upon us. Gen Xers and Millennials are expected to inherit trillions of dollars. Some estimates say as much as $68 trillion will be passed down from Baby Boomers.
Eight advisors describe the worst money moves they’ve witnessed clients make in a recession.
