The Pew Research Center Social and Demographic Trends Project reported last week that Baby Boomers, who turn 44 to 62 this year, are slightly (but significantly) more pessimistic about their lives than other adults . Read the full article ... Read the full post ... Read more

Everyone has heard of life insurance and most people have some; it’s not an exotic concept. Yet for the average person, buying life insurance means signing the most complex contract you'll ever enter into. This will be the first of a series of short primers on life insurance: why people need it, ... Read more

The IRS announced last week that the business mileage rate, often used to determine the deduction for business use of a car, will go up effective July 1st . Read the full article ... Read the full post ... Read more

Wall Street is licking its wounds this weekend, no doubt, after being pretty badly clawed by what is almost certainly a bear market. In the coming days you’ll see all sorts of articles offering you free advice, e.g. identifying “Bear Market Stocks You Should Buy Now,” providing lists of the ... Read more

The studentloanconsolidator.com blog noted a while back that new rates for Stafford and PLUS loans have been set ; these are based on the Treasury Bill auction rates. There's further information in their Stafford loan blog . Starting July 1st, consolidation loan rates will drop significantly. ... Read more

Over the last fifty years, suburban neighborhoods outside of cities grew for a variety of reasons: families wanted more space than city homes provided, urban crime rates were higher than now (peaking in the 1960's and 70's), and the idealized vision of suburban life grew in popular imagination to ... Read more

Most middle-class parents aren’t looking forward to the cost of sending their kids through college. For those of you who really want to get a head start, here’s a scheme that will help maximize your college savings, albeit via rather quirky means. Read the full article ... Read the full ... Read more

One of the consequences of the subprime debacle is a sharp rise in foreclosed properties. Some areas are especially bad off; in May, the majority of homes sold in the Sacramento area were foreclosures. Foreclosures nationwide were up 48% in May vs.the previous year (RealtyTrac.com), and in M ... Read more

On three occasions since 2002 the Santa Monica-based Milken Institute has ranked the states on the basis of how well they’re competing in the knowledge economy. For the third time in a row, Massachusetts ranks #1, while California slid from second to fourth place. Encouragingly, four of the top ... Read more

Most people understand that the FDIC insures certain kinds of bank deposits, like bank CDs. There's no way to “guarantee” an investment against losses, but an FDIC-insured deposit is probably the closest most of us will ever come to a guaranteed investment. However, consumers are sometimes a b ... Read more