Friday, February 28, 2020

Millennials save more money than other generations

WICHITA, Kan. (KWCH) Bank of America says 40% of American households do not have enough in savings to cover a $400 emergency.

"America Saves Week" is an initiative by the Consumer Federation of America to educate Americans on ways to pay back debt and put more money into savings.

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Our money comes and goes fast with direct deposit and automatic payments. If you have your credit card information saved on your computer and phone, you can make purchases instantly and impulsively. Before you buy something, take five minutes to think about if you really need it. It's also helpful to pull out your budget sheet or open your budgeting app to see if the money is there. You may talk yourself out of it simply be seeing the numbers.

Date: 9CD4A96D8A076527F07FD24CFCDE5489
Author: Kristen Boxman
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Quite a lot has been going on:

Letter: Better uses for money - Columbian.com
Publisher: The Columbian
Twitter: @thecolumbian
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Money to Gurley for private sports complex becomes issue in District 3 commission race | WHNT.com

MADISON COUNTY, Ala. -- An unusual series of events involving tens of thousands of dollars of taxpayer money has been raised as a campaign issue late in the Madison County Commission District 3 Republican Primary election.

The money was transferred from a number of government bank accounts to a private business and eventually returned to the original account.

Madison County Commission candidate Eddie Sisk and incumbent District 3 Commissioner Craig Hill have a history. It's a rematch from 2016 when Hill beat then-Commissioner Sisk. The primary vote is Tuesday.

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Publisher: WHNT.com
Date: 2020-02-28T05:17:32 00:00
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Cramer: Young retirement savers should now put '401(k) money to work'

CNBC's Jim Cramer said on Friday investors with long-term horizons to retirement should now put money to work in this week's steep stock market correction.

"If you're in a 401(k), I know no one wants to hear this, but I think you have to buy. Buy some," Cramer said on " Squawk Box ." "What are we waiting for a bounce?" he added. "You don't buy the bounce."

Cramer said he has 401(k) money on the sidelines so he's going to invest a quarter of it throughout the day Friday. "One quarter. Therefore, I'm expecting things could be worse Monday."

Publisher: CNBC
Date: 2020-02-28T14:52:59 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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And here's another article:

5 useful money moves you can make instead of panicking

Spoiler alert: None of the useful things you can do about your money right now involve your 401(k).

Financial advisers tend to caution long-term retirement investors to stay the course during times of high volatility, like now with financial markets slumping on worries over the coronavirus outbreak's impact on growth.

Their advice? Do not look at your statements. Do not turn off your next automatic contributions. Do not get out of the market, thinking you can get back in at the right time.

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Marshall County to vote on jail food money amendment | WHNT.com

MARSHALL COUNTY, Ala. - The Marshall County Sheriff is proposing an amendment to the bill passed in last year's legislative session that protects jail food funds from being misused.

Sheriff Phil Sims says Marshall County's Amendment One is a way to permanently fix the jail food money in Marshall County. Sims says it will ensure the sheriff can never profit personally from the fund again. It would also allow any excess funds to be used for the sheriff's office.

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Publisher: WHNT.com
Date: 2020-02-28T04:23:15 00:00
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Money in Your Pocket: 2/28/20 | WSYR

The Dow Jones dropped 879.44 points, NASDAQ dropped 255.67 points and S&P 500 dropped 97.68 points.

Publisher: WSYR
Date: 2020-02-28T11:53:27 00:00
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Dear Abby: The biological mom I barely know keeps asking for money - Chicago Sun-Times

As a caregiving daughter myself, knowing many other caregiving adult children and belonging to a few support groups for caregivers, I believe inquiring of family friends and other relatives about their loved ones is not wrong or invasive. Our loved ones behave differently in different situations. How they negotiate changes and social situations without the caregiver present may provide important clues and information regarding their mental/cognitive status.

Caregivers try to give their loved ones as much freedom as safely possible. Gaining information about the visit would possibly give clues regarding the ability to travel independently or not, and whether they can still negotiate social and public situations appropriately. These are examples of things that a caregiver will never observe without the eyes of others.

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Publisher: Chicago Sun-Times
Date: 2020-02-28T06:00:00-06:00
Author: Abigail Van Buren
Twitter: @suntimes
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