Seniors Still Have Financial Savvy!

Being an older adult doesn’t spell doom when it comes to making important financial decisions, according to a team of researchers led by a University of California, Riverside assistant professor. The report was published in December 2014 in Proceedings of the National Academy of Sciences. A release from the university explains that by using credit… Continue reading Seniors Still Have Financial Savvy!

6 Ways to Steer Clear of Identity Theft

Editor’s note: These days, people are more vulnerable than ever to identity theft, and many seniors find themselves faced with it at the most vulnerable time in their lives. A lifetime’s savings can suddenly disappear, leaving you without the money to provide the best possible health care for yourself and your family. Here, experts from… Continue reading 6 Ways to Steer Clear of Identity Theft

The Documents Every Woman Should Have

There’s more to managing your money than the shoebox filled with crumpled receipts under your bed. According to Patrice C. Washington, Money Maven of the Steve Harvey Morning Show, organizing paperwork and keeping track of financial and legal documents is imperative to your financial well-being.

“It is hard to stay on top of your finances if documents are scattered about,” Washington says. “On top of that, many women don’t know which types of documents they need or even where to start.”

Is It Smart To Buy A Condo?

Editor’s Note: As we get older, many of us think about downsizing from a house to a condo, because it’s easier to manage our lives in a simpler place. And we’d like to save as much money on home repairs as possible, because fixed incomes and Medicare don’t cover all essential expenses. Sometimes, though, the decision to buy or lease a condo isn’t as clear-cut as you’d like. Here, from a top expert, are some smart questions to ask yourself before making a move.

 

Hacking & ID Theft: Are You Next?

By. Scott A. Merritt

At least 110 million consumers were affected by the hack involving Target and Neiman Marcus and at least three other retailers. Whether or not millions more will have their identities manipulated and finances ruined within the coming months due to more breaches of security at other stores is anyone’s guess.