The first day of the Legislature's regular session this past Monday kicked off with a few reminders that politics never sleep. There were three early morning breakfast fundraisers benefiting seven different lawmakers beginning around 8 a.m., just four hours before the Legislature was to convene its regular session—and before a fundraising ban for legislators took hold for the next 60 days.
When the session finally started, and after the fundraising stopped, citizens who made the trek to the Capitol were greeted with many of the same COVID-19 safeguards they encountered last year. Masks and temperature checks were required for entrance, seating was distanced and groups were limited to 30 people. (If you're planning to attend the session this year and want a view that's better than the House and Senate floors, you're out of luck. The Capitol's observation deck is still closed.
When it comes to money, you may have to admit you were wrong | Post Bulletin
Dear Dave: In your mind, what are some of the biggest mental and emotional obstacles preventing people from addressing their financial problems? – Roger
Dear Roger: This is a great question! There are always circumstances beyond our control that can put us in a bad place, financially or otherwise, for a season. But to change your situation when it comes to money, you have to be willing to step back and honestly look at the overall picture of what has and hasn't been working — and why. You need to be willing to admit you might have been wrong about a few things, and be open to learning and trying new ways.
Teach your kids about money with help from these resources
"Many parents avoid trying to improve the financial literacy of their children because they lack confidence themselves," said certified financial planner Thomas Henske, partner at Lenox Advisors in New York.
Resources abound, if parents know where to look. There are free online materials available, as well as children's books and games that can help.
The nonprofit personal finance organization Next Gen Personal Finance also has free online games and activities on topics like investing and budgeting, and the National Endowment for Financial Education has free online courses, learning activities and quizzes.
Stock investing 2021: How to double your money in the market
Wealth advisor Josh Brown has a go-to trick that he uses to impress even the smartest children and teens.
Time is one of the most important assets every young investor has because of compound interest, according to the CNBC contributor who appears on " Halftime Report " and co-edited the book, "How I Invest My Money."
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MONEY MATTERS: Do I need a financial advisor?
COLUMBIA, S.C. (WIS) - In your financial planning, you might be wondering if you really need a financial advisor, particularly if you don't have a lot of money saved or invested.
Josh Bradley of Capital City Financial Partners in Columbia recommends everyone get a financial advisor. He often reminds people that having a financial advisor is not just about investments. Bradley says he believes everyone deserves financial help or advice.
Bradley says while there are many firms who will not work with potential clients if they do not meet certain minimum requirements, there are other firms, like CCFP, who don't have such requirements and will work with people the best they can.
Will You Be Getting More Stimulus Money? These Proposals Suggest 'Yes'
At this point, most taxpayers eligible for stimulus money from President Biden's American Rescue Plan have received their $1,400 stimulus checks.
But millions of Americans continue to struggle financially as the economy begins to slowly recover from 2020. While it is unlikely that there will be yet another round of stimulus checks, other forms of economic stimulus and financial relief may be heading your way. Here are some possibilities.
In addition to stimulus checks, President Biden's stimulus package also provided a refundable expanded child tax credit that will provide millions of families with up to $3,600 per child in financial support. The benefit begins to phase out for single tax filers with adjusted gross incomes of $75,000, and for joint filers at $150,000. Parents of over 83 million children will benefit, and President Biden has suggested it would cut child poverty in half.
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Biden's Infrastructure Plan Will Throw Money at Retraining. Why It's Not Enough.
President Joe Biden 's multi-trillion-dollar infrastructure proposal focuses on two goals: helping working class families and building the "high growth industries of the future." Unsurprisingly, workforce investments—vital to achieving both of those objectives—are an integral part of the proposal.
Infrastructure investments have long had to address the "last mile" problem. Getting phone lines across the country is, in many ways, easier than the complexities of getting a phone connected in every home. When it comes to workforce investment, there is a "first mile" problem. How do you help individuals effectively plug in to the broader education and workforce system, and help them get where they want to go?
It's time to initiate a money challenge you've been avoiding.
Have you wanted to open a joint savings account with your significant other? Get a parent's opinion on a monthly budget? Want to research how to start saving for retirement? Get a date on the calendar and sit down for 30 minutes just looking at options. Don't pressure yourself to commit to a decision yet, but picking a calm time to talk on the phone or in person with someone important will help open the conversation.
After you initiate that conversation, take a break! We're almost halfway through our money challenge.
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