Financial tips and useful information.
According to the U.S. Department of Agriculture, child rearing is a costly endeavor. From birth through age 17, for middle-income households, the costto raise a child in 2015 was $235,670. Add in post-secondary education...
The news that Santander is walking away from the acquisition of 316 branches from RBS (Royal Bank of Scotland) due to delays in the IT project to deliver the branches and customers to Santander...
Death, disability, and divorce are three common life events that impact personal finances. Divorce is the only one that cannot be provided for in advance with some type of insurance. What to do? Consider...
There is no doubt that Superstorm Sandy has wreaked damage across both the Caribbean and the east coast of the United States of America. To the layman claims of $15-20bn sounds like a financial...
Not only do they merge their financial lives, as all married couples do, but remarried couples also bring with them financial “issues” from their previous marriage(s) such as unpaid debts and payments to, or...
Andy Haldane, the Executive Director for Financial Stability told a UK Parliamentary Commission on Banking that the UK banks should create a common technology platform for Retail Banking that would act as a public utility and spur further...
Last week, I attended the annual Association for Financial Counseling and Planning Education (AFCPE) Symposium for financial educators and counselors. Below are five key take-aways that resonated with me: Brent Neiser from the National...
In June 2010 it was announced that Santander was to buy the branches. Having made the offer, £1.65bn, and completed the local searches (regulatory approval) when the surveyor’s reports came back Santander decided that the RBSG...
On Thanksgiving, it is customary to express gratitude for good things that have happened in our lives. Often, this includes our family, friends, and shared memories, but it can also include positive events that...
The announcement of the appointment of Mark Wilson, the former CEO of the largest Insurance company (excluding China) in Asia, AIA, as CEO of Aviva from January 1st 2013 has been greeted positively by the industry. Mark...
Last week, an articleabout financial goal-setting by Liz Weston that I was interviewed for was published by The New York Times. The key point of the piece is that people can save for multiple...
No this isn’t the latest bold move on the part of Amazon, acquiring one of Australia’s so-called ‘Four Pillars’, but rather the extensive use of Amazon’s cloud services by Commonwealth Bank. Michael Harte,...
I recently reviewed the proceedings (published papers and abstracts) of the 2018 symposium of the Association for Financial Counseling and Planning Education (AFCPE). Below are five take-away messages that caught my attention: A study...