Posts in category "Money"

Fiscal Cliff Deal Reached: Don't Follow Government Example When Handling Your Money

Fiscal Cliff Deal Reached: Don't Follow Government Example When Handling Your Money
Congress permanently extended the Bush income tax cuts at $400,000 and below, kept the estate tax threshold at $5 million and extend unemployment benefits for one year. The frustrating part about the past couple years is Congress inability to get things done in a timely manner…keeping those on top of their money game waiting for... Read more »

Divorced Single Mom: 10 Confessions of a Shop-a-holic

Divorced Single Mom: 10 Confessions of a Shop-a-holic
Have you ever had the urge to buy something you KNOW you just don’t need? Then you look back and rethink what you have bought throughout the years and ask yourself, “Why did I need that?” One of the things I love about being a financial coach is hearing and learning through stories of how... Read more »

What's Your Financial Backup Plan?

Saturday, May 21st came and went.  Sorry Mr. Camping, but we’re still here – another reprieve for the world, a disappointment for a small few.  So what happens now?  It has to be acknowledged that the human psyche will unfailingly attach emotions to an event or their goals with no thought for a Plan B.... Read more »
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Taking Stock - My Personal Financial Awakening

I absolutely love birthdays, New Year’s, and Easter.  These days represent more than a holiday, but an opportunity to reflect on your life and ask some meaningful questions.  Aside from celebrating Easter this past weekend, this week represents a month long reflection of my turning a year shy of 40.  On these occasions, I always... Read more »

Finding A Positive Peer group

Finding A Positive Peer group
We all know the effects of peer pressure.  Having to learn social dynamics on the playground was a rite of passage in my neighborhood.  What we learned then, in our hubris as adults, convinced ourselves that peer pressure no longer works on us. Wrong.   Paual Lazarsfeld is a sociologist from Columbia University.  He identified... Read more »

Banks Vs. Insurance Companies: What are the differences?

This past April 8th, the latest bank to fail in our local area was Western Springs National Bank and Trust.  Western Springs had assets totaling $186 million with total deposits at $181 million.  Although the FDIC arranged a purchase and assumption agreement with Heartland Ban and Trust in Bloomington to protect the deposits, this closure... Read more »
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Government Credit Rating In Jeopardy

Yesterday, in an uprecedented use of Standard & Poor’s outlook on America’s fiscal health, degraded our government’s overall fiscal health from ‘stable’ to negative, suggesting that failure to address the federal deficit could severely and detrimentally impact the government’s credit rating.  Much like ignoring health symptomps indicating a cancerous anomaly, the ramifications of losing a triple-A... Read more »