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The Eleventh Hour: Budgeting In December
Wednesday, November 30, 2016 - 5:27pm | 539Whether you are a millennial, retiree or someone somewhere in the middle, the year's end can do some serious damage to your finances. While the concerns are cross-generational, there are certain things more applicable in December depending on your age. As the year winds down, many Americans stress...
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6 Black Friday Truths
Friday, November 25, 2016 - 2:32pm | 1006While the hype of Thanksgiving week shopping deals surmounts, it is important to remember all that glitters is not gold. In other words, regardless of how well-crafted the holiday shopping season is presented, frivolous spending — even in the spirit of the holiday — is not consequence...
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Fewer Retailers Opened Early For Black Friday: What That Means For You And Them
Friday, November 25, 2016 - 1:01pm | 768As millennials and older generations gear up to save this holiday season, the decade's long tradition of the Black Friday and Thanksgiving evening sales rush has dwindled for 2016. While the Thanksgiving week sales are still newsworthy, the extravaganza had fewer participants. Some retailers even...
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When You're The Bread In The Sandwich Generation, Don't Go Stale
Wednesday, August 31, 2016 - 1:01pm | 612Members of the sandwich generation, take time to remember that the difficulties felt are virtually universal — from the older generation losing their independence but trying to maintain their sense of autonomy to the younger generation, trying to become independent for the first time....
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Caregivers, Don't Overlook These Tax Benefits
Tuesday, June 21, 2016 - 11:33pm | 735Taking care of another person, be it an aging parent, disabled child or extended relative who cannot live independently, can take its toll on the caregiver mentally, physically and financially. It is important to be aware that help is available to reduce the stress of these three commonly...
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Sandwich Generation: Keeping Track Of 3 Generations' Fiscal Fitness Takes Its Toll
Tuesday, June 21, 2016 - 12:47pm | 600For those who fit within the demographic of “Sandwich Generation,” there’s an abundance of side effects likely to arise at some point during your tenure of caring simultaneously for your aging parents and your adult children. In addition to providing care — whether that...
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Don't Co-Sign Loans For Your Grown Children
Tuesday, June 7, 2016 - 4:03pm | 794It’s a natural instinct to want to help those we love, particularly if we are in a position where that financial assistance is feasible. However, it’s often inadvisable to loan money to friends or family, and even more imprudent to co-sign on a debt. Keep in mind, that is exactly what...
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Sandwichers, The Little Things Add Up…And Fast
Sunday, May 8, 2016 - 3:03pm | 1093While this holds true for everyone developing a spending plan/savings strategy, the crux of the matter is that for “Sandwichers” – the current demographic of adults with aging parents in need of financial support and their own young-adult children who aren’t yet...
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April Is Financial Literacy Month: Get Organized And Save
Sunday, April 24, 2016 - 11:23pm | 1098As Financial Literacy Month comes to an end this week, it's a perfect time for an honest financial conversation. Regardless of who you are, how many years you have under your belt or what your financial situation is, you have absolutely phenomenal capabilities to be financially secure. Be...
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This Valentine's Day, Give Your Loved One The Gift Of Financial Security
Friday, February 12, 2016 - 6:15pm | 1256According to a recent survey by PEW Charitable Trusts, financial security – both actual and perceived – has garnered increasing attention since the Great Recession, and for good reason. "Recent research […] underscores how precarious the typical family's situation is: Earnings increased...
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January Is Over, How Are Those New Year's Resolutions Going?
Tuesday, February 2, 2016 - 3:40pm | 1113It's officially the second month of the year, and those who made New Year's resolutions are a full 31 days into their new routines. Or, are they? According to research conducted by the University of Scranton, 46 percent of people who made New Year's resolutions have abandoned their...
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When You're Supporting Grown Children And Aging Parents, Don't Forget To Take Care Of Yourself
Sunday, January 24, 2016 - 5:32pm | 904Tightly situated between children who are struggling to gain their independence and parents who are losing their own independence, Sandwichers face countless struggles. While the monetary difficulties may be the most obvious, there are other factors involved with feeling pulled and prodded by...