Money Prophet Finance Blog

Archives for February, 2009

The choice is really no choice at all: Either Ellen Siegler keeps working well beyond her planned retirement age or her mother, 98-year-old Sarah, who suffers from Alzheimer’s disease, leaves her assisted living facility with no comparable place to go.

The choice is really no choice at all: Either Ellen Siegler keeps working well beyond her planned retirement age or her mother, 98-year-old Sarah, who suffers from Alzheimer’s disease, leaves her assisted living facility with no comparable place to go.

A week ago, we reported that bank insiders were buying while the Financial Services industry stocks were selling off. During the past week, we saw the general market continued it sell-off with S&P 500 Index declined 4.54%.

The choice is really no choice at all: Either Ellen Siegler keeps working well beyond her planned retirement age or her mother, 98-year-old Sarah, who suffers from Alzheimer’s disease, leaves her assisted living facility with no comparable place to go.

Growing up in Greenville, Tommy Boyd lived the small town life and, like many small town kids, dreamed of bigger and better things. As he grew older and entered the business world he dabbled in several ventures, but none of them seemed to be the right fit to him.

The Citizens Advice Bureau has been inundated with clients struggling to cope with debt. The charity says it’s dealing with an average of 7,241 new debt problems every working day and the average amount of debt has increased by two thirds since 2001 to £16,971.

Amesbury resident Melissa Sweet, who has spent close to a decade coaching local people on how to manage their money at Money $ense, a financial education and counseling service, offers teens some basic economic advice in her book,  “’Graduation Rule$ – A book about life, lacrosse and money.’”

One sometimes wonders just who THEY are, but the advice they are giving in the current financial situation is that we must learn to live more frugally. It hasn’t quite hit home in this wonderful place called Manitoba yet, but they say it will eventually.

More than two dozen libraries around the country are getting grants to train librarians and set up programs to teach people about investing. Libraries have the ability to reach large numbers of people who may need help with their finances.

More than two dozen libraries around the country are getting grants to train librarians and set up programs to teach people about investing. Libraries have the ability to reach large numbers of people who may need help with their finances.