This Psychologist Helps Couples Face Their Biggest, Scariest Money Conflicts

This Psychologist Helps Couples Face Their Biggest, Scariest Money Conflicts

Recently, on an episode of my radio show, “Your Money,” I spoke with Brad Klontz, Psy.D, the co-founder of Your Mental Wealth. Brad, who is an associate professor of personal financial planning at Kansas State University, appeared on the show around Valentine’s Day, so it was only fitting to discuss money and relationships. You often hear about couples who struggle with how to handle their finances. In fact, money is the number one topic for conflict in relationships. It’s also the number one reason for divorce within the first three years of marriage.

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How to Remedy Your Retirement RMD Quandary

How to Remedy Your Retirement RMD Quandary

Recently, on an episode of my radio show Your Money, I caught up with Sandra Block, senior associate editor for Kiplinger’s personal finance magazine and a former USA Today reporter and personal finance columnist for more than 15 years. In an August Kiplinger’s article, “6 Tax-Smart Ways to Lower Your RMDs in Retirement,” Sandra offered advice for avoiding a big tax bill once you turn 70. Here are some key takeaways from our talk:

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This Guy Quit Working, Learned to Travel on the Cheap & Never Looked Back

This Guy Quit Working, Learned to Travel on the Cheap & Never Looked Back

Recently, on an episode of my radio show, “Your Money,” I spoke with Matt Kepnes, a travel expert and New York Times best-selling author of How to Travel the World on $50 a Day. Matt is also the founder of the budget travel site, Nomadic Matt, which provides steps that will save you time and money and have you traveling sooner.

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How To Avoid Money Mistakes at Any Age

How To Avoid Money Mistakes at Any Age

Recently, on an episode of my radio show, “Your Money,” I caught up
with Charlie Wells, a reporter for the Wall Street Journal and author
of the recent article, “The Biggest Money Mistakes We Make –
Decade by Decade.” In his article, Charlie shows how financial errors can vary by age and
gives advice for how people can do better. “We hear a lot about how
society is changing,” he said. “People are living longer than ever before.
Children are living at home longer than they have for decades. I wanted
to look at some of the financial issues and pitfalls that we’re making
now that society is a little bit different.”

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Your 401(k) Decoded - Guest Author: Timothy Baker, CFP® Founder and CEO, WealthShape LLC

The concept of 401(k) retirement funding is simple enough but very few truly understand how their plan actually works and why they should care. New light has been shed on these employer sponsored retirement plans with the recent passing of the department of labors (DOL) fiduciary rule. When the rule goes into full affect over the next year or so, all financial advice provided to retirement plans will require “fiduciary” best interests practices. It’s clear; the DOL’s intention was to increase transparency in an environment where so much is unclear. For many investors’ 401(k)’s represent the primary retirement funding vehicle. This column will attempt to decode their complex components in plain English.

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