What to do when Your Adult Child Comes Looking for a Loan
It’s an unfortunate sign of the times as an increasing number of adult children, caught in the convergence of a sluggish economy, a slow job market, and tight lending, are turning to the Bank of Mom and Dad for financial help.
FPANJ named Leslie T. Beck as its Heart of Financial Planning Award recipient in late 2014, and Beck has now received accolades on the national level.
Sept. 10, 2015 - PRLog -- The Financial Planning Association® (FPA®) announced the winners of its top awards on Friday, Sept.
Leslie T. Beck, CFP®, MBA
No, we're not talking about the soft drink – this COLA is the annual Social Security Cost of Living Adjustment. The Social Security Administration recently announced that there will be no cost of living adjustment for social security payments in 2016, due to continued low levels of inflation. This is only the third time since 1975 social security payments will not adjust f
The use of the British term "penny wise, pound foolish" dates back to at least 1607, and refers to actions that might save a little in the short term, but in the long term wind up costing you much more than you saved.
Perhaps the most encouraging outcome of the latest recession is the increasing emphasis on debt reduction by most Americans. We are borrowing less and saving more, and, hopefully, developing some more frugal habits that can lead to healthier finances in the future. Still, many people continue to struggle with their debt. It takes a firm commitment and a lot of discipline, but
The ubiquity of the financial media has Baby Boomers anxiously pinned to their TVs, computers and investment magazines as the so-called experts prognosticate on the coming bear market. Unquestionably, the stock market is at another crossroads, and its 30 percent gain last year belies the concerns that most people have over the economy and the uncertainty that continues to blanket th
In our discussions with clients, the term “wealth” has always been tossed about somewhat loosely. We talk about building wealth, wealth management, wealth enhancement, and wealth preservation and wealth in general as if it were universally understood.