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Nap Nanny Recall: What You Should Know
Tweet Share on Facebook June 18, 2013 CommentThe United States Consumer Product Safety Commission announced last week that another popular baby product – the Nap Nanny, which offers a soft, slanted surface for babies to sleep on – was being recalled. CPSC reports five infant deaths in the Nap Nanny and the related Chill recliner, and almost 100 reports of problems like babies falling off the product.
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Will Today’s Teens Depend on Parents Forever?
Tweet Share on Facebook June 11, 2013 CommentAny parents anticipating greater cash flow for themselves after their children reach their 20s might be in for a surprise: Those children might still be looking for financial support long after they’ve passed the legal age of adulthood. According to a new survey from Junior Achievement USA and the Allstate Foundation, one in four teens say they will be in their mid-20s before they will be able to support themselves without parental assistance, an increase from 12 percent two years ago.
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The Hidden Costs of Pregnancy
Tweet Share on Facebook June 10, 2013 CommentIn general, children don’t start costing their parents money until they’ve left the womb. After all, pregnant women usually can continue living their lives without paying huge sums for child care or diapers. But pregnancy itself can also be quite costly, especially for women who find themselves unable to continue their jobs while expecting. Women in low-wage jobs are particularly at risk for this kind of financial hit.
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Why Love and Money Don’t Mix
Tweet Share on Facebook June 7, 2013 CommentIf you’ve ever dreaded bringing up finances with your romantic partner, you’re not alone: A new poll from the National Foundation for Credit Counseling found that a whopping 68 percent of respondents said that talking about money with a hypothetical fiancé would either be awkward, lead to a fight, reveal previously hidden issues or result in the cancellation of the wedding. Just one in three respondents said talking about money would be a “productive and easy conversation.”
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5 Money Moves to Make Before Age 30
Tweet Share on Facebook June 5, 2013 CommentMillennials, the current generation of 20-somethings perhaps best known for their tech-savvy ways, are growing up. The oldest members of the group are now turning 30, which means they increasingly have adult money issues on their minds. The need for long-term savings accounts, retirement funds, debt payments, mortgage payments, and family-related costs are among the responsibilities weighing them down.
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Alpha Consumer is on Maternity Leave
Tweet Share on Facebook December 19, 2012 CommentAlpha Consumer, a.k.a. Kimberly Palmer, will be on maternity leave until June 2013. She looks forward to answering your personal finance questions when she returns. In the meantime, be sure to follow our personal finance stories.
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Is Gen Y a “Lost Generation?”
Tweet Share on Facebook December 10, 2012 CommentIn today’s Washington Post, columnist Robert J. Samuelson writes that this “is not a good time to be starting out in life.” He points to the high unemployment and underemployment rates and the fact that more young people appear to be putting off marriage and parenthood. While he says 20-somethings could still bounce back as the economy does, he asks: “Could this become a lost generation?”
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How Gen Y Is Overcoming the Economic Blues
Tweet Share on Facebook December 6, 2012 CommentIn her new book, Mission: Adulthood: How the 20-Somethings of Today Are Transforming Work, Love, and Life, journalist Hannah Seligson discovers that despite the challenges Generation Y has faced, including a sluggish job market and steep student loans, they are finding their own, often unconventional, paths to success. She profiles seven 20-somethings who deal with job loss, single motherhood, and unexpected career twists, often relying on their own optimism and entrepreneurial spirit to find their footing.
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How to Buy Gifts Men (and Women) Really Want
Tweet Share on Facebook December 4, 2012 CommentOne of the most frustrating aspects of the holiday season can be the waste involved: What if you buy people presents they don’t really want, or that they already have? How can you go about finding your significant other that perfect gift that shows how much thought you put into it, without over-spending?
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7 Items You Should Buy This Winter
Tweet Share on Facebook November 30, 2012 CommentWinter is known for its indulgences, and as a result, we’re bombarded with messages on how to scale back: How to avoid holiday weight gain, bloated credit card bills, and over-stuffed suitcases. But there are a few splurges you might want to consider embracing, because they can help boost your overall financial health.
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Alpha Consumer
Kimberly Palmer, senior editor for U.S. News & World Report, writes about making smarter financial decisions. She’s the author of Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back.
Generation Earn
Senior editor Kimberly Palmer’s book, Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back, is now available.
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