Archive for Financial Landing 2015

12/18/2015 – How The Heck Do You Pay Off Your College Loans? (NPR)

Dec 18, 2015 Comments Off by

Even some of those seeking the nation’s highest office have weighed in on college debt with payment plans and relief proposals. Voters and the media ask for details on the campaign trail. And that highlights a remarkable shift: Policymakers and politicians are paying attention to this issue like never before. Read the full article in […]

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12/17/2015 – America’s two-parent families reach lowest point in 50 years (MarketWatch)

Dec 17, 2015 Comments Off by

The modern family has replaced the traditional family. The share of children living in a two-parent household is at the lowest point in more than half a century, according to a new report, “Parenting in America,” released Thursday by the Pew Research Center, a non-profit and nonpartisan think-tank in Washington, D.C. Some 69% of children […]

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12/16/2015 – How to Handle Your Finances as the Fed Raises Interest Rates (The New York Times)

Dec 16, 2015 Comments Off by

The Fed has set in motion a gradual increase in the federal funds rate,which is the interest rate banks and depository institutions charge one another for overnight loans. But that rate, central as it is to the making of monetary policy, has only a wobbly effect on how banks and other financial institutions price certain loans […]

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12/16/2015 – Yes, your student debt burden is worse than everyone else’s (MarketWatch)

Dec 16, 2015 Comments Off

Recent college graduates may intuitively feel that they have it worse than their peers who graduated a decade ago. Now they can really see the difference. The average student debt at graduation soared 56% to $28,950 in 2014 from $18,550 in 2004, according to a new graph based on data released earlier this yearby the Institute […]

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12/15/2015 – The Experts Were Wrong About the Best Places for Better and Cheaper Health Care (The New York Times)

Dec 15, 2015 Comments Off

New research has looked not only at Medicare but also at a huge, new database drawn from private-insurance plans – the sorts used by most Americans for health care. And it shows that places that spend less on Medicare do not necessarily spend less on health care over all. Grand Junction, as it happens, is one of the […]

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12/14/2015 – Employers fail to educate retirees on retirement medical benefits (Benefits Pro)

Dec 14, 2015 Comments Off

Surveys conducted by Towers Watson indicated a large disconnect between what employers say they did, and what retirees remember being told about their medical benefits before they retired.While 43 percent of retirees surveyed said their employers took no steps at all to help them understand and manage the cost of retiree medical benefits before they retired, […]

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12/13/2015 – Where Millennials Go for Financial Advice (The Wall Street Journal)

Dec 13, 2015 No Comments

Scarred by the Great Recession and laden with student debt, few millennials are in the mood, or in a position, to seek out a traditional financial adviser. But they need financial advice just the same.Hence the arrival of new and unconventional approaches that try to help 20- and 30-somethings start saving and investing. These range […]

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12/11/2015 – Pushing Aside 401(k)’s for Mandatory Savings Plans (The New York Times)

Dec 11, 2015 Comments Off

Tony James and Teresa Ghilarducci are unlikely allies. He is president of Blackstone, the giant private equity firm; she’s a labor economist who has long advocated replacing 401(k)’s with a universal, federally managed saving plan.But the two have teamed up to push what they are calling Guaranteed Retirement Accounts, a government-sponsored plan that would require participation and […]

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12/10/2015 – A Middle Ground Between Contract Worker and Employee (The New York Times)

Dec 10, 2015 Comments Off

Alan B. Krueger, a former chief economist to President Obama, and Seth D. Harris, a former deputy labor secretary, argued in a paper released this week that many workers in the so-called online gig economy should have more rights and protections than most do now. At the same time, they wrote, “forcing these new forms of work […]

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12/9/2015 – Americans Are Sinking Further Into Credit Card Debt (Money)

Dec 09, 2015 Comments Off

Consumer credit card debt is rising again. The average indebted household now carries a revolving balance of $15,355, according to a new study by NerdWallet. With credit cards carrying an average interest rate of 18%, that balance costs the average household $6,658 — 9% of income — in interest per year. Read the full post in […]

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