Tag: financial advisors

Funding Your Parents’ Elder Care

Over 40 million Americans provide some form of care for aging parents, and while the majority of that is nonfinancial, 28% provided financial assistance. For adult children providing financial assistance for elder care, and for those who may be doing so in the future, these unforeseen expenses can place added strain on family budgets, college affordability, and saving for retirement.

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Building a Good Credit History

Having a good credit history is important because it can make credit approval easier, potentially lower interest rates on any loans taken out, lead to higher credit limits and better loan terms, and avoid the security deposits that may be required of individuals with a less positive or shorter credit history.

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To Buy or Lease Your Next Car?

If you follow J. Paul Getty’s dictum that you should buy things that appreciate in value and lease things that depreciate, then the decision to buy or lease a car would be an easy one. But the choice of whether to buy or lease a car isn’t always a purely financial one. Many of the relevant considerations involve personal preferences that touch upon what you want from the car you drive.

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Overemployment: Ethical and Practical Considerations

Contradicting the “slacker” reputation of younger workers, a 2023 survey of over 1,200 remote workers conducted by Resume Builder found that 79% have worked two or more jobs in the past year. A third of respondents said they were currently overemployed, with more than half making above six figures in income. Only 10% indicated that balancing multiple jobs was “very difficult.” This new trend of overemployment has raised ethical issues for workers and very practical concerns for employers.

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