Aug 22 Column: Why we need to extend economic empowerment to military spouses By Douglas P. McCormick, Kathy Roth-Douquet The military must do a better job of addressing the alarmingly high rates of underemployment and unemployment among military spouses. Continue reading
Aug 05 Column: 9 ways to turn summertime spending into savings By Odysseas Papadimitriou Here's how you can have fun and give your wallet a break. Continue reading
Jun 27 Does being paid hourly vs. yearly change how you save? By Dan Ariely, Aaron Nichols According to a well-established psychological theory known as “construal theory,” the answer is yes. Continue reading
Jun 21 How much does it cost to leave the workforce to care for a child? A lot more than you think. By Kristen Doerer Two out of every three American children under the age of 5 whose parents both live together need child care because both parents work. The average cost for two kids -- an infant and a 4-year-old -- in a child… Continue reading
Jun 21 Can you guess how many Americans have absolutely no savings at all? By Kristen Doerer, Paul Solman Sixty-six million Americans have zero dollars saved for an emergency expense -- zero -- and 28 percent have only six months worth of savings, according to a new report by Bankrate. Continue reading
Jun 10 Column: Why you should view your family as a business By Douglas P. McCormick View your family as a business, and as the Family CFO, manage it the way a CFO manages a business. Continue reading
Jun 01 Column: Why protecting the family finances means putting Mom in charge By Kimberly Palmer There’s a simple reason why moms need to be the ones to take charge of the household finances: The chances are high that at some point they are going to be calling the shots on their own. Continue reading
Apr 18 The realities of living as an independent contractor By Laura Zulliger, Wendy De La Rosa, Kristen Berman Being an independent contractor often means variable pay and complicated taxes. Continue reading
Apr 15 You aren’t Warren Buffett. Stop trying to invest like him. By Kristen Doerer Personal finance doesn’t have to be complicated, say journalist Helaine Olen and University of Chicago professor Harold Pollack. Their new book, “The Index Card,” asserts that all the financial information you need could fit on one 3-by-5-inch index card. Continue reading
Apr 08 How have Chicken Little’s investments fared in this rough year for stocks? By Terry Burnham Terry Burnham is the “Chicken Little” of finance because of his repeated calls that the Dow will plummet. So how does Burnham invest his own money?… Continue reading