Friday, July 29, 2016

Wealth Matters: How a Will Treating Children Differently Can Still Be Fair

Dividing an estate unevenly is likely to result in hurt feelings at the least. But honest discussions ahead of time can solve many problems.

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Your Money: Parents Deserve a College Graduation Present, Too

In Korean-American families, children give their parents gifts on occasions like starting a first job, or a college graduation.

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Retiring: A Personal Sort of Time Travel: Ancestry Tourism

As Americans age, many grow interested in tracing their family heritage and group traditions back to their origins.

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Monday, July 25, 2016

Payday Loan Limits May Cut Abuse but Leave Some Borrowers Looking

Lenders and some consumer advocates ask what borrowers will do if stricter regulations remove their main source of short-term financial aid.

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Sketch Guy: More Money, More Success, More Stuff? Don’t Count on More Happiness

For those who put happiness on an unattainable pedestal just around the corner, it might be time to get off the so-called hedonic treadmill and get back to the present.

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Strategies: What You Think You Know About Money, but Don’t, Can Hurt You

Americans are overconfident about their knowledge of money matters, a new study suggests, which could expose them to exploitation by industry pros.

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The Workologist: Climbing Down the Corporate Ladder Without Alarming Your Boss

We are conditioned to seek positions of more responsibility, which is why a request to step back and take a junior role may require careful framing.

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Strategies: G.O.P. Joins Democrats Urging Glass-Steagall’s Revival. (Don’t Hold Your Breath.)

Platform writers in both parties call for reviving Glass-Steagall to curb Wall Street. But the agreement is narrow and shallow.

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Friday, July 22, 2016

Retiring: The Quiet Comeback of Reverse Mortgages

Some retirees are using reverse mortgages, once unpopular after years of lending abuses, to supplement income sources or to finance long-term care.

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Your Money: Why Companies Have Started to Coach New Parents

A growing number of companies are offering transition coaching and more generous policies in an effort to retain female employees.

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Wealth Matters: Why Insurance Companies Don’t Renew Policies

Insurance industry experts discuss the two big factors in deciding not to renew your policy: the size of a claim and the frequency of claims.

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Aging: Washington: The Ideal Place to Grow Older

In Washington, community villages are thriving as initiatives like Age-Friendly DC make it easier for older adults to live, work and play in the city.

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Monday, July 18, 2016

Retiring: Calls for Social Security Expansion Grow Louder in Washington

After years of talk about reining in Social Security, the discussion has turned to making it more generous instead.

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Your Money Adviser: New Rules for College Financial Aid Accounts

New federal rules prohibit colleges from steering students to specific bank accounts to deposit financial aid.

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Wealth Matters: Selling a Business Involves More Than Money

Owners should run businesses as if they could be bought at any moment, but not rush the process once a deal is made, experts say.

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Friday, July 15, 2016

Firms Offer Cash to Help New Lawyers Pay Student Debt

They join a wave of other workplaces that are providing student loan repayment programs to attract and retain millennial employees.

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Tuesday, July 12, 2016

Economic Trends: It’s Time to Think About Refinancing Your Mortgage (Again)

Homeowners can thank British voters and global central banks for lower rates, but so far lenders haven’t fully passed on falling rates to borrowers.

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Monday, July 11, 2016

Sketch Guy: Meaningless Titles and Empty Promises in the Money Business

No matter what title a financial professional has, for the most part there is no requirement to put a client’s needs first.

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Saturday, July 9, 2016

Economic View: America Can Fix Its Student Loan Crisis. Just Ask Australia.

Other countries offer plans that give students more time to repay loans or that make provisions for fluctuating earnings, so fewer borrowers default.

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Friday, July 8, 2016

Your Money: From Fallen Presidential Candidates, Bold Money Ideas Worth Another Look

Jeb Bush’s ideas on student loans, Bernie Sanders’s on credit scores and Marco Rubio’s on retirement investing offer improvement and needn’t cost taxpayers much.

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Retiring: For Effective Brain Fitness, Do More Than Play Simple Games

The theory of a more holistic approach is that the brain thrives on continuous stimulation, which can include exercising, laughing and socializing.

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Wealth Matters: Collecting Street Art: Have Room on Your Wall for a Wall?

As graffiti artists like Banksy rise to prominence, gallery owners caution that the long-term value of contemporary works can be difficult to discern.

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Your Money Adviser: Protecting Your Checking Account From Overdraft Fees

When a checking account is overdrawn, the bank can cover the shortfall (for a fee) or another account can serve as a backup (for a fee). But there are also ways to avoid overdrawing at all.

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Your Money Adviser: Fly Detroit to San Francisco, for Just $20,000

Technical problems led to a temporary overpricing of tickets in about 150 of Delta’s 40,000 markets.

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Tuesday, July 5, 2016

Sketch Guy: New Rule: All Purchases Subject to a 7-Day Mental Quarantine

When trying to declutter, throwing stuff away is only half the battle. You have to stop stuff from coming into the house in the first place.

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