Your Financial Health A periodic checkup of your financial health will help to prevent future problems. Freezing your credit will go a long way to protect you from identity theft, while budgeting and retirement planning are important ways to stay on the path towards overall financial health. Freezing Your Credit A credit freeze, or security freeze, restricts access to your
Managing Stress About Money When asked about financial crisis, almost half of Americans say that they are increasingly stressed about their ability to provide for their family’s basic needs. How can you protect yourself from the health consequences of financial stress? Below are tips from the APA for managing stress during tough economic times: Be mindful of your stress level
How to Talk to Your Parents About Their Final Wishes A survey by the American Association of Retired Persons (AARP) found that nearly 70% of adult children have not talked to their parents about issues related to aging and end of life. Experts recommend that discussions about end of life issues should take place when things are going well, before
Financial Tips for the Holidays Financial advisors say it’s essential to prepare a spending plan well in advance of the holidays and avoid impulsive and emotional purchases. “If you look at the reasons people end up in financial difficulty,” says Katie Shern of the Consumer Credit Counseling Service of Greater Atlanta, “impulsive spending is the major reason. And the major
Warning Signs of Financial Trouble Financial experts warn that many people in financial trouble ignore, or fail to recognize, the signs of financial problems and continue to go further and further into debt and financial difficulty. Recognizing the signs of financial trouble is vital, say the experts, because financial problems, once started, tend to get worse if they are left
How to Help Your Aging Parents According to the National Council on Aging, persons age 65 and older are the fastest growing segment of the U.S. population. Did you know that almost 40% of all U.S. workers are now as involved with caring for an aging parent as they are with a child? It’s called the “sandwich generation,” a metaphor
Preventing Holiday Burnout If you are prone to experiencing holiday burnout, consider the suggestions below to lessen holiday stress: 1. Develop realistic expectations about the holidays. It is easy to expect too much of the holidays. When we have expectations which are not met (regardless if they are realistic or not), we may feel disappointed, upset or worse. This contributes