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Feb 3, 2014

Why U.S. kids are pocketing more allowance

NEW YORK, Feb 3 (Reuters) – Dan Zevin has been hearing a lot
of reports lately about allowance inflation. His source: his
10-year-old son Leo.

“The numbers are definitely going up,” says the 49-year-old
humorist and author of the Thurber Prize-winning “Dan Gets a
Minivan”. “And the only thing that matters to your kid is what
Richie Rich’s parents are giving down the street.”

Jan 29, 2014

What if retirement security is not about the money?

NEW YORK (Reuters) – Pop quiz: What would it take for you to have true retirement security?

Odds are you just thought of a number – $500,000, maybe, or $1 million, or $5 million.

Jan 27, 2014

Many renters just say no to buying homes

NEW YORK, Jan 27 (Reuters) – With a wife and a 10-year-old
daughter, Matthew Amster-Burton appears to be one of the
likelier people to buy a house, but the Seattle food writer says
he has no interest in doing so.

“It does feel weird sometimes, because it’s supposed to be
the grown-up thing to do,” says Amster-Burton, 38. ” … But
it’s really not my goal, and it does seem like I’m swimming
against the tide sometimes.”

Jan 21, 2014

A ‘sandwich generation’ twist: retirees helping adult kids

NEW YORK, Jan 21 (Reuters) – Think of it as “Failure to
Launch: The Sequel.”

When the Pew Research Center, a Washington-based think tank,
released a 2013 report on the “sandwich generation” – those in
their 40s and 50s who are often squeezed between caring for
their kids and their elderly parents as well – the numbers were
stunning.

Jan 13, 2014

As more U.S. workers go independent, a retirement time bomb is ticking

NEW YORK (Reuters) – Ask self-employed workers about retirement savings, and a shocking number give exactly the same answer: “What retirement savings?”

The potential consequences are scary not only for them – the nation’s growing ranks of entrepreneurs, freelancers, consultants and contractors – but also for the United States as a whole. With more and more people without regular jobs and the benefits that come with them, the nation faces a retirement time bomb.

Jan 10, 2014

The value of shoveling snow and other first-job lessons

NEW YORK (Reuters) – Since last August, Reuters has been asking the nation’s top achievers about the first gigs that helped launch their careers. And if any common thread has emerged, it’s that you never can tell where superstars are going to come from.

Some first jobs were impressively academic, like Hearsay Social’s Clara Shih’s position at a national particle accelerator lab. Some have been more real-world training grounds, like social media king Gary Vaynerchuk’s experience selling baseball cards by renting tables at card shows.

Jan 10, 2014

Your Money-The value of shoveling snow and other first-job lessons

NEW YORK, Jan 10 (Reuters) – Since last August, Reuters has
been asking the nation’s top achievers about the first gigs that
helped launch their careers. And if any common thread has
emerged, it’s that you never can tell where superstars are going
to come from.

Some first jobs were impressively academic, like Hearsay
Social’s Clara Shih’s position at a national particle
accelerator lab. Some have been more real-world training
grounds, like social media king Gary Vaynerchuk’s experience
selling baseball cards by renting tables at card shows.

Jan 6, 2014

Financial advice for a younger you

6 (Reuters) – If there is one
incontrovertible truth in life, it is this: Our younger selves
are really dumb. Sometimes extraordinarily so.

Especially when it comes to finances. We load up that credit
card and we put off saving because we think that one day we will
come into vast riches and everything will turn out just fine.

Dec 17, 2013

New ETF offers the cream of the dividend crop

NEW YORK (Reuters) – There are investors who couldn’t care less about dividends, and there are those who love them with an unbridled passion. Count Steve Weiss among the latter.

The New York City public-relations rep first got a taste for dividends while working for publisher McGraw-Hill (now McGraw Hill Financial) in the late 1990s. Not only did the company pay a decent yield (topping 4 percent at the start of 1997, for example), it was a so-called ‘Dividend Aristocrat’ – one of those few companies that has raised its dividend every single year for at least the past 25 years.

Dec 13, 2013

Marathon Man: The real cost of running races

NEW YORK, Dec 13 (Reuters) – It was around Mile 25 of the
Brooklyn Marathon that it hit me.

I’m not talking about The Wall — although that definitely
hit me, too, during the cold and drizzly morning of Nov. 17.

    • About Chris

      "Chris Taylor is an award-winning freelance writer in New York City. A former senior writer with SmartMoney, the Wall Street Journal's personal-finance magazine, he has been published in the Financial Times, Bloomberg BusinessWeek, CNBC.com, Fortune, Money, and more. He has won journalism awards from the National Press Club, the Deadline Club, and the National Association of Real Estate Editors. The opinions expressed are his own."
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