While the President likes to tout the strength of the stock market, which, by the way, started long before he took office, the fact remains that most Americans aren’t benefitting from the stock market boom. In fact, only 54% of American adults have investments in stocks, either directly or through a company sponsored retirement plan. […]
Segment Q&A: Lessons (Hopefully) Learned 10 Years after the Financial Crisis Background: September 15th, 2018 marked the 10 year anniversary of the bankruptcy of storied Wall Street firm Lehman Brothers which set off the chain of events that we’ve come to refer to as the Financial Crisis. While the economy at large has mostly recovered, […]
We are talking about our 401k accounts. Why? There is a new study out that highlights a challenge to retirement saving for many Americans. As you know, employer sponsored 401k accounts are the backbone of many people’s retirement saving. In recent years, many employers have embraced automatic enrollment, meaning they sign employees up for 401k […]
Why do we need to pay more attention to childcare these days? According to a new study by Care.com, the cost of childcare has gone up for the fifth year in a row. In fact, a division of real estate site Zillow analyzed the study and found that at $1,385 a month, the average cost of child care in […]
TODAY WE ARE TALKING ABOUT OUR OLD RETIREMENT ACCOUNTS. WHY? As you may have heard, the labor market is very tight. This means we are likely to see increased churn in the labor market as people try to take advantage of the fact that the negotiating power currently rests with workers, not employers. As people […]
LAST WEEK WE TALKED ABOUT THE WAGE GAP. TODAY WE ARE TALKING ABOUT THE LEADERSHIP GAP? Last week, one of the iconic women of corporate America – Indra Nooyi – announced she was stepping down as CEO of PepsiCo after 12 years at the helm. As a result, the number of female CEOs fell again, […]
WHAT IS EQUAL PAY DAY? There is a pay gap between men and women in this country. The average American woman makes about 80 cents on the dollar compared to the average American man. But when you take race into account, this wage gap widens considerably. To illustrate this, the Equal Pay Today campaign has […]
WE ARE ONCE AGAIN TALKING ABOUT STUDENT LOANS? WHY IS IT ON YOUR MIND TODAY? In May, total student loan debt in the US broke through another milestone, topping $1.5 trillion. That fact alone is worth noting, as it tells us that American college students continue to take on huge amounts of college debt. What […]
YOU JOIN US TODAY TO DISCUSS A SURVEY ABOUT COLLEGE SAVINGS. WHAT DOES IT TELL US? According to Sallie Mae’s 2018 report, How America Saves for College, parents are making progress when it comes to saving for their children’s college education. The report was based on a survey of more than 2,000 parents of children under […]
You join us again to talk about minors being at risk of identity theft. This is a very big deal, Skip. As you know, identity theft is becoming more and more common. With each new breach – be it Equifax or Yahoo! – we are reminded just how vulnerable we are to fraudsters trying to […]
In many parts of the country, it’s finally starting to feel like spring! And while many people think of this time of year as the right time to spruce up their homes, it can also be the right time to do some spring cleaning on your finances! WHAT ARE SOME OF THE FIRST STEPS WE […]
You join us again to talk about trade wars. First things first, Mellody: are we in one now? As I mentioned in March, a trade war is the tit-for-tat raising of trade barriers – import duties, tariffs, or increased domestic subsidies – between countries. In the last six weeks, we have been moving in that […]
