by Leif Jensen | Oct 10, 2023 | Money Management |
Where to you have you emergency and your whoopie reserves? Are they in ordinary savings or worse checking accounts? For years it did not matter where you kept your cash, there were no vehicles that paid 1% or above in APR. Now, in the Biden run-up of the interest...
by Leif Jensen | Sep 25, 2023 | Money Management |
I was listening to the radio and an investment specialist was talking about savings. I know it sounds very surprising. Actually, this one made some interesting points. If you have already established your cash reserves (3 to 6 months of cash needs in case of an...
by Leif Jensen | Jun 7, 2023 | Money Management |
The Glass-Steagall Act effectively separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation, among other things. It was one of the most widely debated legislative initiatives before being signed into law by President...
by Leif Jensen | Jun 6, 2023 | Money Management |
The Gold Standard was a system under which nearly all countries fixed the value of their currencies in terms of a specified amount of gold, or linked their currency to that of a country which did so. The gold standard was the basis for the international monetary...
by Leif Jensen | Jun 5, 2023 | Money Management |
I have clients asking me regularly if they should start taking their Social Security at 62, 66 or 70. So, I look into my crystal ball (yes, I have one just for this) and then ask them how long they are going to live. The longevity issue is the crux of the issue. To...
by Leif Jensen | Mar 21, 2023 | Money Management |
How much did you pay in credit card interest, last year? Was it in the hundreds or thousands? I have recommended to clients “zero interest” credit cards for faster debt repayment. These cards typically do not have balance transfer fees. These cards typically have...
