I still have to make my pack list (YES, don't hate).

Along with most consumer prices, college tuition costs are heating up again. It seems as though we have become accustomed to college cost increases that have outpaced the rate of inflation; however, recent data shows them rising at an even more alarming rate  into the double digits in many states and as high as 30% in California.

Moxie for September 1 

Buried inside economic data, the government gives us ten ways to show how well corporate America is doing.

The Commerce Department generates 10 quarterly measures of business income and related components. All are seasonally adjusted at annual rates.

Here’s how they differ, and why they matter:

If you’ve ever seen it, it’s one of those things you’ll never forget – the mass migration of hundreds of thousands of wildebeest moving across the plains of Africa in search of a fresh feeding area. It’s magnificent to watch. Of course, we know why mammals herd together – it’s because there’s safety in numbers.

Friday, August 21, 2015

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

When financial planners first began to calculate retirement income needs back in the 1970s and 1980s, many of them latched on to the “70 percent” rule, which says that retirees should plan on needing just 70 percent of their pre-retirement income to live comfortably in retirement.