I know none of us really want to think about our own death; and I’m not the Grim Reaper, but I am here to remind everyone that we’re all going to die someday and I can’t stress enough that if you don’t have a solid legal document in place, you could leave behind a big […]
The current unemployment rate is 8.3%. So first, remember that you’re not alone. And when tax time comes around, make sure you take all the possible deductions. If you are looking for a job, you can deduct expenses like resume preparation, headhunters, postage and gas mileage. One critical caveat: You have to keep meticulous records […]
Weddings are astronomical these days! I think a lot of people fall into the trap of thinking “anything goes” in pursuit of that “perfect” day and end up spending way more than they can actually afford. The average wedding costs nearly $27,000. Compare that to the median household income–$52,000, and you find a lot of […]
That’s the $500 billion question. Indeed, that’s roughly the value of Apple on the stock market. First, let’s be clear: Apple is an amazing company. No company has been able to create a voracious desire for gadgets—and then fill that desire—the way Apple has. It is also a money-making machine. Apple has $117.2 billion in […]
Our focus this week is on financial behavior in the office in this edition of Money Mondays with Melody Hobson. LISTEN
As the saying goes, not so fast! Last week I talked about how many employers match your contributions to a 401(k) plan—often dollar for dollar or 50 cents on the dollar. This is free money. But it’s not the most important part of a 401(k)—it’s the dessert not the main course. LISTEN
What is the best way to start investing—is it a 401(k)? Fantastic question, and, yes, the 401(k) is the best way to start investing more often than any other way. By far the biggest and most important investment goal is retirement—people need to replace nearly 100% of their working income when they retire, which is […]
Mellody Hobson talks to TJMS about tax-related dependent questions. LISTEN
My two-year cell phone contract will be expiring in a few months. From a savings perspective, is it better to renew my contract or use a pre-paid plan? Lynette – NY, NY If you’ve been reading the technology section of almost any national paper or any of the popular tech blogs, you’ve probably noticed a […]
MONEY MONDAYS with MELLODY HOBSON, President of Ariel Investments, talks with TJMS about rebalancing your portfolio… LISTEN
There is absolutely no way that I will have all my stuff together in order to file on-time. What do I need to know in order to get an extension? And are extensions to extensions a possibility, just in case? Wayne— Las Vegas, NV LISTEN TO THE RESPONSE
MONEY MONDAYS with MELLODY HOBSON, President of Ariel Investments, talks with TJMS about tax credits you should know about and putting your kids to work… LISTEN
