Every consumer knows they should save money. Unfortunately, many can't afford to, and, even when they can, they often don't know how to prioritize those savings. Here’s how:First, as we noted in a previous blog, everyone (no matter how affluent or modest their financial situation) should have an ... [More]

There are a number of financial rules of thumb that we repeat time and again on “The Money Show”, but one especially bears repeating, namely,-- Your goal should be to save 20% or your gross yearly income towards retirement each year (15% if you’re in a job that guarantees you a pension). The ... [More]

With gas prices at $4 a gallon and no decrease in sight, more and more consumers are considering trading in their vehicles (especially if they own a gas guzzling truck or SUV), for smaller, more gas efficient vehicles.But financially, is this a good idea? Generally not. Why? Because in most cases... [More]

Here’s a stark reality. In times of economic stress and uncertainty like we’re experiencing today, most people have a burning desire to do, with their retirement savings (i.e. long term savings – at least 5 years) exactly what they shouldn’t do. What’s that? A) pull their retirement port... [More]