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Kansas State University has been offering a graduate certificate in financial therapy for over 15 years. The program was created in response to the stress experienced by financial planners and therapists during the Great Recession. The certificate program teaches financial planners skills such as asking better questions, tracking nonverbal cues, and improving communication and listening skills. It also encourages planners to examine their own money values and goals in order to better guide their clients. Financial therapy can also help couples resolve financial disagreements and achieve their financial goals. Additionally, therapy can help individuals address and overcome financial traumas that may be influencing their behavior. The Certified Financial Planner Board of Standards has recently added therapy training to its requirements for certification. Those interested in financial therapy can find qualified planners through the Financial Therapy Association. [Extracted from the article]

Another option is to use a home-inventory smartphone app, such as Memento Database, which costs $3 a month for the lite version, or Sortly, which is free (both are available for Apple and Android users). The same goes for your home insurance and automobile policies, which you may be able to access through your insurer's smartphone app. MONEY Severe weather is taking a huge toll on the economy - and the finances of families. The rest of the documents should be securely stored, such as in a fireproof home safe or in a safe deposit box at your bank or credit union. [Extracted from the article]

Home insurance deductibles can be set as a flat dollar amount, usually ranging from $1,000 to $2,500, or as a percentage of your home's replacement value; for auto insurance, deductibles typically go up to $1,000. "A lot of companies don't want to sell home insurance in Florida because it's high risk", says Dan Karr, founder and CEO of ValChoice, an insurance industry watchdog. Roughly one-third of individuals with home or auto insurance haven't reshopped their policy for better coverage and lower premiums, according to insurance comparison website Policygenius. MONEY The talking lizard from Geico and perky Flo from Progressive claim that switching insurance companies and bundling policies can save you money. [Extracted from the article]

See the table on page 57 for the top rates on nationally available savings accounts, CDs and checking accounts. On the downside for savers, interest rates are bottom of the barrel - the average savings account pays 0.07%, according to Bankrate - and they will likely remain depressed for a few years. Some high-yield checking accounts offer rates of more than 4% if you meet certain requirements, such as using your debit card several times monthly and receiving electronic statements. Improve your wealth-building chops by using some of that money to increase contributions to your retirement savings plans. [Extracted from the article]

The article presents suggestions for improving one's personal finances in the year 2020. It outlines several activities including forming a spending and savings plan in January, investing in March and checking up on insurance coverage in April. Other financial decisions include checking financial records and tax return documents, credit reports and paying off credit card debts.

The article discusses the strategies of making a 401(k) retirement savings plan for quality retirement . Topics discussed include determine the amount needed to earn from investments to support the retirement; review investment plan while noticing the earlier retirement date; and information on Fixed-income investments, and Financial planning.

The article offers tips on how to plan for an early retirement. These include asking one's financial planner to run the numbers to see where one stand, looking at how expenses are going to change after retirement and whether it needs to be cut using online budget tools such as PersonalCapital and Mint.com, and considering finding a part-time job to bring in some money. It also suggests avoiding retirement-plan penalties, and applying for Social Security retirement benefits.

The article offers information on the steps, tips, and approaches which can be followed by the individuals for their retirement planning. The topics addressed include details on the steps which comprising need to accelerate savings, by opening a health savings account, and by applying and taking the long-term-care insurance.

The article discusses how one should save money and improve his/her finances for 2019 in the U.S. It is said that many people wait until the new year to take stock of their personal finances. It is said that workers' withholding was adjusted by employers earlier in 2018 to reflect the federal tax overhaul.

The article considers three aspects of retirement planning including safe withdrawal limits from savings accounts, protection against being forced to sell investments , and the supplementation of Social Security benefits. The author discusses the 4% rule of thumb developed by William Bengen along with asset diversification with a focus on the "bucket system" of market timing as described by Jason Smith in his book "The Bucket Plan: Protecting and Growing Your Assets for a Worry-Free Retirement". INSET: Tapping Life Insurance.

The article offers tips for financial planning and management. Topics discussed include the significance of sizing up for portfolio risk, the automation of investments, the organization of tax records, the association between credit and identity theft, the acquisition of free television through wireless plans, and the contest of property tax assessment.

The article offers suggestions on how people can help their aging parents with their finances. Topics discussed include the need to start the conversation with the parents regarding financial planning, with topics such as estate-planning and powers of attorney; the need to review the bank and credit card statements of the parents; and the need to assess their assets and income. Also mentioned is the need to take help from financial advisors if needed.

The article discusses how more automated advisory services are giving clients the chance to consult with financial planners and investment counselors. The Department of Labor's fiduciary rule, in effect since June 2017, requires anyone giving investment advice regarding a 401(k) or an IRA to act in the client's best interest.. Some firms are reported to have swapped their commission-based pay structure for one that charges clients a fee based on a percentage of assets under management.

The article outlines five financial rules to live by. These include spending no more than half of one's income on living expenses, keeping discretionary items to 30% and saving the rest, getting preapproved for mortgage by a lender, and getting life insurance that equals to eight to 10 times of one's annual pretax income.

The article offers tips on how to preserve the family's money for the next generation. The suggestions mentioned include the saving and raising money for the children, providing them with financial training, and ways to prevent them from wasting their inheritance. Moreover, it also cites the average inheritance recieved by households. INSET: The Power of a Trust.

The article offers tips on what to do when the term life insurance policy is nearing the end of its term. Topics discussed include the insufficient life insurance among families, the purchase of term life insurance policy, the guaranteed universal life, the long-term care benefits, and the purchase of a new permanent policy. INSETS: A Strategy for Younger Buyers;The Conversion Option.

The article offers suggestions for getting continuing care at retirement communities (CCRC) and offers information on several communities in the U.S. Topics discussed include the services provided at the communities including entertainment, fitness centers and wellness programs; the entrance fees that one needs to pay for the services; and the need to put emphasis on financial planning when applying for CCRC.

The article focuses on maximizing retirement benifits through proper retirement planning. Topics discussed include selection of financial adviser for maximizing the same; services offered by robo advicers, brokers, and registered investment advicers; and fees charged by financial planners in return of their investments.

The article discusess the advantages of 401(k) plan. Topics discussed include its impact of retirement benifits and planning; its role in offering social security benifits; and a study by Alicia Munnell and Anqi Chen, of the Center for Retirement Research at Boston College focusing on the decline in the contribution towards 401(k) plan.

If your debt is mostly tied up in student loans, consider using some or all of the money to pay down your loan balance. The moratorium on federal loan repayments is expected to be extended through the end of the year, but it doesn't include private student loans. Although the Biden administration is considering forgiving a portion of federal student loans, that's not a sure thing, and depending on the size of your loan you could still need to make repayments when the latest moratorium ends. [Extracted from the article]

Just don't sign up for Part A or B. If you want Medicare coverage to start as soon as your job-based health insurance ends, you need to sign up the month before you or your spouse plan to retire. FROM THE EDITOR My column in the July issue focused on my own retirement planning and how my wife and I have been crunching numbers with the help of our financial adviser. But as long as you have other qualifying health insurance, through either your employer or your spouse's employer, you are not required to sign up for Medicare when you turn 65. [Extracted from the article]

The article focuses on the importance of life insurance. Topics include term insurance, update of insurance coverage, and financial decisions for retirees. Insights from financial planner Mari Adam, life insurance adviser Glenn Daily, and BAM Alliance's director of personal finance Tim Maurer are provided.

The article focuses on how a family with uneven income should take care of its personal finances. Topics discussed include prioritizing spendings by categorizing between wants and needs, taking help of an experienced tax preparer to use the annualized income installment method, saving for retirement.

The article offers tips to boost personal income. Among the tips provided include the avoidance of sketchy municipal bond issuers, the need to find intermediate-term individual corporates and bond funds for decent yield without much interest-rate risk, and the prevention of floating-rate loans as they are fit for professionals.

The article offers tips on how grandparents can help their grandchildren on family finances especially for college payment. Among the suggestions provided are investment in a 529 savings plan through estate planning and effect on financial aid, contribution to Coverdell education, payment of bill, setting-up custodial account, payment of offstudent loans, and tapping of Roth individual retirement account.

The article offers advice for financial planning to help individuals reach their personal financial goals into retirement. Topics include regularly reviewing an investment portfolio especially following major life events, spreading out assets among investments and diversifying within asset classes, early investment in a 401(k) account, and making a budget that includes an emergency fund. It also discusses various options for getting assistance in making financial decisions and mentions potential charges by financial advisers that one may anticipate. INSETS: How to Get Started;When to Call In a Pro;Where to Get Help.

The article discusses how much money the retiree may really need to retire, and suggests that the consumer may be better prepared than they think. Topics include suggestions on recalibrating personal savings, adding up personal health care costs in retirement such as long-term care insurance, assessing retirement income targets in replacing preretirement income, and calculating yearly withdrawals to prevent running out of money. It also mentions using a reverse mortgage for income and details on how retirement assets, such as pensions and annuities, are taxed by the government. INSETS: Consider the Tax Tab;Get Income From Your Home.

In the past, advocates for seniors have criticized Medicare for failing to cover COVID tests. Medicare to Provide Free COVID Tests - Finally The Centers for Medicare and Medicaid Services will provide Medicare beneficiaries with up to eight rapid COVID tests per month. [Extracted from the article]

The article focuses on allocating investments among stocks, bonds and cash as one approaches retirement. Cutting exposure to stocks may hinder the growth of money and may leave one with less than one need. Assuming that one has a 401(k) plan at work, a good way to start making to change is investment.

Social Security beneficiaries who have a side gig or part-time job will be able to earn a little more before they're subject to the earnings test. AHEAD NEW YEAR, NEW NUMBERS SOCIAL SECURITY BENEFICIARIES WILL receive a 5.9% cost-of-living adjustment in their Social Security benefits in 2022, the biggest jump since 1982, when benefits rose 7.4%. But given price hikes for everything from gas to restaurant meals, some seniors may discover that the pay raise will fall short of increases in their cost of living - particularly when health care costs are taken into account. [Extracted from the article]

The article focuses on the new rules to correct credit report mistakes. Among the suggestions provided include scrutiny in credit report, the options for mistake disputes, to have trials if not succeeded on first attempt. It also suggests to ask the bureaus to include short message that expresses disagreement on reports in the future.

The article discusses the relationship between investment advisers and clients. The author suggests various reasons to stop the service of advisers including the one's withholding information, lack of transparency on the cost of services and lack of communication. It also includes information on some reasons why an investment adviser might stop service to a client.

COVID-19 was a gut punch to everyone's finances, but millennials were hit particularly hard. A traditional money management firm may require clients to have at least $250,000 (or more) in investments - and usually bases its fees on assets under management. "Originally, I wanted to follow the assets-under-management model, but it's not practical for most younger clients", says Jovan Johnson, a certified financial planner and founder of Piece of Wealth Planning, which provides subscription services. [Extracted from the article]

An introduction is presented in which the editor discusses articles in the issue on topics including markets and investments, financial planning and forecasting of stock performance.

The article discusses the Retirement Enhancement and Savings Act of 2018 proposed legislation in the U.S. Congress to facilitate participation in retirement multiple employer plans and the addition of annuities to 401(k) retirement savings programs. The author also discusses efforts by states such as Oregon, Illinois, and California to provide retirement plans for private-sector employees.

The article offers information on the financial challenges faced by the millennials regarding their marriage in the U.S. Topics discussed include information on the money management by the millennials for the marriage; discussions on the personal income and expenses management; and the information on the financial strategy for individual accounts and shared account.

The article focuses on enouncing financial saving behaviour among girls. It inform on a survey by Charles Schwab, which found that parents emphasize saving and budgeting with their daughters but are more likely to discuss investing with their sons. It also informs that research shows that women don't lack financial competence, but they express less confidence than men.

The article offers information on the tips and approaches which can be followed for retirement associated financial planning. The topics addressed include details on the views and opinions of Lori Lucas, chief executive officer (CEO) of the Employee Benefit Research Institute on the retirement planning and information on the long-term-care insurance.

The article presents questions and answers related to personal finance and tax in the U.S. including how much are Social Security benefits going up in 2019, what are the best financial-related gifts and how to calculate tax-deductible in disaster losses.

The author discusses how Millennials should go about earning extra income in the U.S. Kathy Kristof, a Kiplinger’s columnist and creator of SideHusl.com, says one can start his/her entrepreneurial journey by taking a test run as a gig worker, if he/she is not sure which way to go. However, one should do his/her own research.

The author reports on retirement planning in the U.S. She says that a person is exposed to a host of uncertainties including interest rate moves, stock market corrections and tax changes, when he/she gives up the security of a steady paycheck. Some people converts a lump-sum payout from a, ex-employer into a simple fixed annuity.

The author presents her contingency plans for earning income while retired including working more, taking her company pension benefits early at age 55, and short-term rentals of her family's second home. The goal of her plan to be able to avoid selling stocks during a (short-term) downturn in the market is outlined.

The article presents reader comments on money management and retirement planning advice. Topics under consideration include independent retirement accounts, 401(k) plans, and the diversification between taxable, tax-deferred, and Roth retirement accounts, cost comparison between Affordable Care Act and COBRA insurance plans, and the age at which retirees begin collecting Social Security benefits.

The article discusses estate planning for millennials. The author defines estate planning, emphasizes the alleged importance of durable power of attorney and advance medical directives, and examines the posthumous management and execution of digital assets such as videos, photos, and social media accounts.

The article presents an interview with financial planner Lori Atwood on financial planning. Other topics of conversation include her practice of charging by the hour rather than requiring a minimum amount of assets under management, clients' inability to live within their personal means, and her development of the Fearless Finance website and app at www.fearlessfinance.com.

The article offers the author's insights regarding the benefits of being self-employed along the challenges they faced. The author discusses her experience being self-employed and mentions a study from FreshBooks which projects an increase in the number of self-employed in the U.S. by 2020. She highlights certain problems and financial tasks of a self-employed such as tax and income laws and self-benefits.

In this article, the author talks about financial planning for building an addition at their house in Washington, D.C. Topics discussed include tax planning strategies for managing retirement accounts due to financing with home-equity loan, gold standard as the certified financial planner (CFP) credential and meeting a CFP Lori Atwood, for tracking income and outgo and coming up with a budget for helping us save for goals.

The article discusses the importance of strategic investing in good retirement planning. It mentions that saving as much as one can and developing an appropriate asset allocation is very important. It adds that the use of immediate decision is important in assuring market efficiency and in the assurance of one's profitability.

The article discusses the things that one can do to have a more secured retirement. It mentions that one should plan for tax changes or to change their places as some states charge higher taxes compared with the others thereby affording would-be retirees to save more. It recommends that it would-be better for a would-be retiree to have a proper mix of assets.