Category: personal finance

Financial Struggles Can Be Tough on Families, And Tough to Explain to Kids

Financial pressures may have made this a year when some families can’t afford pricy extras, such as after-school activities or summer camp. It’s OK to explain this to your kids, said an expert from Baylor College of Medicine in Houston, who offered tips for the conversation, as well as low-cost alternatives for budget-friendly summer fun….


8 Ways People Who Save for Retirement Can Fight Inflation

The increasing inflation figures have become a cause of concern among investors across the United States and the stock market. The unprecedented inflation rise may gradually subside, but it will likely last for a while. If you are a retiree with a fixed income, you might be worried that it would affect your retirement plans….


Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 3)

Benchmark U.S. crude oil for September delivery fell $3.76 to $90.66 a barrel Wednesday. Brent crude for October delivery fell $3.76 to $96.78 a barrel. Wholesale gasoline for September delivery fell 15 cents to $2.91 a gallon. September heating oil rose 3 cents to $3.41 a gallon. September natural gas rose 56 cents to $8.27…


The Basics of Filing a Personal Injury Claim

If you have suffered bodily injury due to another person’s fault or alleged negligence, you may be due some compensation from the other party. The amount you receive—if you win the case—will largely be based on the detailed information you provide beforehand. You may feel that an insurance company is not offering nearly enough compensation…


6 Ways to Improve Productivity and Mental Health

Article by Kelly Lynn Adams Are you feeling exhausted, drained and tired mentally, emotionally, and physically? Are you getting pulled in different directions throughout the week? What is taking up your mental and emotional space and depleting your energy? A survey of 2,000 people in the US revealed the Covid-19 pandemic affected individuals and their work habits. About 58 percent of respondents…


US Household Credit Card Debt Up 13 Percent as Cost of Living Surges: Report

Credit card debt held by American households surged in the second quarter of 2022, according to the Federal Reserve Bank of New York’s Center for Microeconomic Data’s quarterly report, published on Aug. 2. The report (pdf) on household debt and credit showed that total household debt reached $16.15 trillion at the end of June, marking an…


Overcoming the Odds—3 Extraordinary Individuals

I’m fascinated by successful people who never gave-up. Whether if it’s Bill Gates overcoming failure, Richard Branson conquering dyslexia, or J.K. Rowling never giving-up despite rejection, these stories keep me going when I need a motivational boost. However, I’ve been paying extra attention to these three extraordinary individuals as of late. With no disrespect to anyone else who…


Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 2)

Benchmark U.S. crude oil for September delivery rose 53 cents to $94.42 a barrel Tuesday. Brent crude for October delivery rose 51 cents to $100.54 a barrel. Wholesale gasoline for September delivery rose 6 cents to $3.06 a gallon. September heating oil fell 6 cents to $3.38 a gallon. September natural gas fell 57 cents…


Is Gold An Inflation Hedge? How Much Should Be In Your Portfolio?

Our fascination with gold has been ubiquitous since the beginning of recorded history, and it has been a stalwart investment across cultures worldwide. The value of gold comes from its scarcity as a commodity, and its price tends to grow during times of economic uncertainty, particularly when inflation is high. Gold is unique because, unlike…


Gold: Where Does the Legendary Metal Fit In Your Portfolio?

Our fascination with gold has been ubiquitous since the beginning of recorded history, and it has been a stalwart investment across cultures worldwide. The value of gold comes from its scarcity as a commodity, and its price tends to grow during times of economic uncertainty, particularly when inflation is high. Gold is unique because, unlike…