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Weekly Favorites: Don’t Get Sucker Punched By Your Own Debt Denial, plus more

TaxACT Weekly Favorites - October 18, 2013

TaxACT Weekly Favorites:  October 18, 2013

Don’t Get Sucker Punched By Your Own Debt Denial via Jeff Rose
“Oh, we don’t have that much debt. Our house is paid off. We don’t have that many consumer loans.” These famous last words were uttered by a couple who had come to me for help with retirement planning. Or were they? Continue reading…

5 Financial Decisions Made in Your 50s That May Haunt You in Your 80s via Forbes
In our 50s, we should strike a delicate balance of living well now while still planning for our future. For the most part, we can’t afford to make financial mistakes, and yet, we don’t want to put our lives on hold. Here are five financial decisions many of us make in our 50s that may come back to haunt us in our 80s: Continue reading…

Good News for Millenials: Young People Less Likely to Default on Credit Card Debt via NerdWallet
In a classic case of conventional wisdom proving not be so wise, new research has shown that, surprisingly, those in their twenties are much less likely to default on their credit cards than those in their forties and fifties. We know what you’re thinking. Continue reading…

Is there anything that you came across this week that caught your eye? We’d love to hear about it. Leave it in the comments below.

Photo credit: Stuck in Customs via photopin cc

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