To view this email as a web page, click
here.
Straight talk from the money editor
How do you solve debt problems? Simple: Live within your means and spend less. People may know what to do, but taking action and getting it done is another matter altogether. It's key to face your issues head on and understand your money problems are most likely a result of excessive spending or insufficient income. That is why debt and credit problems are so difficult to resolve. Some money experts say it's a personal life problem (habits) masquerading as a financial problem (debt). Therefore, the only way to get out of debt and stay out of debt is to understand the underlying cause of your spending habits and then find ways to fix your financial symptoms. You will find that the less you worry about money issues, the more you can enjoy life. Last week we asked "Do you know what your cash flow is each month?" I hope everyone was being honest because, to my delight, 72% said they always have a positive cash flow. My heart sank, however, when 9% said they don't track their cash flow and 7% didn't know what cash flow was or how to calculate it. Follow me on Twitter @jimpavia. |
|
This couple cut costs and paid off $159K in debt
The Huse family overcame a failed business venture, a pile of credit-card debt and marital turmoil. They're now months away from being debt-free. |
Six common myths that can really mess up your retirement
These misconceptions can hurt your retirement savings and make life tougher in your golden years. Here's how to separate fact from fiction. |
Investing? Beware of firms with too much cash on hand
Companies having too much cash on hand is almost as bad as having too little when it comes to auguring future returns to shareholders, research shows. |
Don't use retirement savings to fund kids' college
Throwing a wrench into your retirement savings plan to put kids through college may seem worthwhile, but you — and your children — may regret it later. |
The quick and easy Social Security guide
Claiming Social Security can be confusing. Here's how to go about it. |
Poor credit can hike home insurance rates by 288%
Even something as simple as paying your credit-card bill late can boost the rate on your homeowners insurance policy. |
The top 10 reasons to start a 529 plan
These college savings accounts have a slew of benefits. Here are a few that may surprise you. |
Health savings accounts win big in health-care debate
These accounts offer triple tax advantages and could help you cover medical expenses in retirement if you use them as investments. Here's how they work. |
Retiring happy is about more than just money: Advisors
Being fiscally fit for retirement is a definite priority, but don't neglect the emotional, physical and social components of your golden years. |
Notes from the Sohn Investment Conference, Part II
"A 20-year-old kid from Minnesota gets his chance to pitch a stock before the Sohn audience ... He is pitching Ebay as a long ... " |
 | Sharon Epperson | |  | Josh Brown | |
| Feedback We value your input—use our simple form to let us know what you think. Click here for Real-Time data and top stories on your desktop or mobile device. |
|
| 
© 2015 CNBC Inc. All Rights Reserved.
900 Sylvan Avenue, Englewood Cliffs, NJ 07632
|
|
|
