Articles

What will inflation be in the coming years? The real answer is that it varies according to your age and spending patterns. Inflation wallops someone with kids in college, and might be hardly noticeable to stay-at-home types. And recent inflation will stun someone looking for a used car, but might be...

May 29th marks the nationwide celebration of 529 Day, an opportunity to highlight the many benefits of 529 college savings plans.

As higher education costs continue to soar, many parents find themselves faced with the nagging question, “Will I have enough money to pay for my child’s college educa...

COVID-19 has crushed the spring ritual of high school graduations.

But it can also encourage graduates and their parents to prepare to meet the practicalities of the youngsters’ sudden entry into adulthood, from making medical decisions to choosing what to study. How can parents and their offsprin...

COVID-19 has presented everyone with incredible challenges as it has wreaked havoc on our country and around the world. Beyond the worry of the virus itself, everyone is impacted economically as most businesses have closed, forcing us to social-distance for the foreseeable future.

And while Congre...

Some insurance sales folks peddle a concept called Be Your Own Banker. Don’t fall for it.

This idea has floated around the Internet and late-night television for a while now. One of the latest versions, called "bank on yourself", shows what very bad advice it is.

The Idea Behind Be Your Own Bank

When discussing bank accounts, investments, loans, and mortgages, it is important to understand the concept of interest rates. Interest is the price you pay for the temporary use of someone else’s funds; an interest rate is the percentage of a borrowed amount that is attributable to interest. Whethe...