The Social Security program is approaching insolvency, and the demographic to be hit hardest by any reduction in benefits will be women, who tend to earn less, claim benefits earlier and outlive men.
Just like many teenagers, the markets have been moody and impulsive and have made split-second decisions based on emotions. But the market will rebound. Wait — it does get better. Stay focused on those long-term financial goals you've set.
The Tax Cuts and Jobs Act presents changes that impact divorcing couples. The law reverses older legislation created with the hope of freeing up more money for the divorcing couple and easing the transition from paying taxes jointly to separately.
Add sharing and giving back to working hard, respecting money and learning to save as basic skills children should learn.