Boomers are making a lot of the same mistakes their parents made when it comes to discussing money with family. That is, they aren’t doing it. But it’s time to have the The Talk, with aging parents and grown kids. Here’s how.
Budgeting
Poll: Most Americans Won’t Change Lifestyle Until Gas Tops $5 Per Gallon
As gas prices surpass or come closer to $4 per gallon around the country, there’s been plenty of griping that something must be done. To some degree, many Americans are already taking action themselves: Note the sharp rise in …
Imagine No Electricity Bills: The Rise of ‘Net-Zero’ Homes
If done properly, a smartly built green home featuring solar power, energy-efficient appliances, and proper insulation can result in the owner facing monthly electricity bills amounting to $0, or thereabouts. Now, one homebuilder …
With High Gas Prices, Americans Are Already Driving Less, Buying Better MPG Cars
Gas prices are soaring: The national average has increased 13¢ per gallon in the past week alone. The rise comes after weeks of steadily soaring gas prices, which is especially disturbing because February usually sees a decline …
Living to 100: As It Becomes Common, Money Regrets Follow
We’re on track for a population with 600,000 folks over the age of 100 by 2050. Yet almost nobody is planning for it financially.
How the Warm Winter Is Mother Nature’s Mini Stimulus Program
The Tooth Fairy Was Kind of Cheap Last Year
The average amount given to sweet, adorable children by the Tooth Fairy last year was a mere $2.10. That’s down 17% from the year before, representing one of the largest declines in spending for the tightwad sprite since 1998. …
Why You’re Supposed to Be Extra Focused on Saving Money This Week
If you’re been splurging and throwing money around lately, perhaps you didn’t get the memo: February 19 to 26 is officially dubbed “America Saves Week.” Feel free to go back to your freespending ways starting February 27.
Gas Prices Usually Fall in February—But Not This Year
Most years, the cost of filling up at the pump drops in February. Why? Demand for gas decreases during the mid-winter as people go into semi-hibernation, and gas prices tend to follow on a downward trajectory, before rising again …
Why Giving Your Kids an Allowance May Not Teach Them Anything
Parents have been paying their kids an allowance since the Industrial Revolution on the theory that it will help kids better understand budgets and spending choices as adults. Now a prominent academic says it’s all been a waste of time
Beans vs. Single-Serve Cup: Just How Much More Does K-Cup Coffee Cost?
We all know how much coffee costs at Starbucks—too much. But it’s hard to get a handle on exactly how much coffee made at home costs, and how the price of a cup from freshly-ground beans compares to a cup from a single-serve …
Going to the 2012 London Olympics? Better Be Preparing
Britain may end up being the most popular vacation destination this summer, and there’s no bigger event happening in the U.K. this year than the 2012 Summer Olympics in London. While it’s still months away, if you’re not actively …