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Prescription for Retail Therapy

How much do you use of what you buy? Research reveals that Americans throw away 30 percent to 40 percent of the food they purchase.1 That’s just food, most of which you see daily and toss out regularly as it goes bad. But what about the things that don’t go bad — the sports equipment…

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Take a Look at Life Insurance

Middle-aged adults have a plethora of middle-aged financial priorities. It’s hard to even call them priorities because each one is important; it’s just a matter of spreading the money you have across a variety of different needs. In fact, a typical mid-life checking account might include payouts for a mortgage, college tuition, a savings account,…

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The Old-School Stool

The proverbial “three-legged stool” of retirement funding traditionally comprised Social Security, a company pension and personal savings, but that stool has been wobbly for quite some time. In fact, the traditional pension has been replaced largely by employer-sponsored 401(k) plans. This development firmly places the responsibility of two of the three stool legs on individual…

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Sleep and Other Surprising Economic Factors

As a result of all modern society’s demands, researchers say people are sleeping less than ever. Common sleep inhibitors include stress, alcohol consumption, smoking, lack of physical activity and excessive electronic media use.1 Sleep deprivation may be detrimental to one’s health, but there’s an economic toll as well. One recent study found that as much…

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Keeping Credit Card Debt in Check

As the economy improves, so does consumer sentiment.1 Along with a rise in spending confidence comes a rise in credit card debt. Household debt balances continued to grow in 2016, up to $12.35 trillion in the third quarter — which was only 2.6 percent below the peak reached in 2008.2 While this data includes mortgage…

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What it Means to be Disenfranchised

Disenfranchised people are those who feel deprived of a legal right or privilege. The number of people disenfranchised within the United States is part of the reason Donald Trump, a candidate without a history in politics, was elected to office. While much of the country is recovering from the Great Recession, there continues to be…

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Possible Perks and Perils of Buying Coastal Property

All over the world, from Miami to the Maldives, rising sea levels threaten coastal real estate. Scientists say the daily high-water mark has been rising by nearly an inch a year in places like South Florida. During extraordinary high tides, saltwater even sneaks up the driveways of some multi-million dollar coastal homes.1 While projections vary,…

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Tips for the Modern Traveler

Traditional vacation prep used to entail choosing a budget destination, buying some traveler’s checks and heading to the airport just in time for your flight. For many, that list of things to do has changed drastically. “Wellness travel” has become a big draw for vacationers who are willing to spend around 140 percent more than…

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Looking Through the Glass Ceiling

The Women’s Rights Movement began in 1848 to enable women to have representation in decisions impacting their social, civil and religious rights.1 While Hillary Clinton, the first female presidential candidate from a major party, was not elected this year, women take their right to vote very seriously. In every presidential election since 1964 (2016 results…

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The State of Real Estate

Thanks to price and sales growth, the U.S. housing market outperformed the U.S. economy in the first six months of 2016. Part of that success is demographic driven: Older millennials are looking to grow their families and buy their first home at the same time that some baby boomers are downsizing in preparation for retirement.1…

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