Student loan scandal threatening U.S. economy

The Bakersfield Californian June 30, 2015 Roughly $1.2 trillion in U.S. student loans are jeopardizing the present financial well-being and future retirements of generations of Americans. And the Wild West-like behavior of the student loan industry is making the situation worse. Consumer abuses have become so rampant that the federal Consumer Financial Protection Bureau recently … Read more

Life requires setting spending priorities

The Bakersfield Californian April 27, 2015 Boomers are called the “sandwich generation” – often caught between taking care of their children and their aging parents, while planning for their own retirements. A 2014 survey by the non-profit American Consumer Credit Counseling revealed 31 percent of boomer Americans provide some support for their elderly parents or … Read more

Companies begin offering ‘financial wellness’ programs

Kern Business Journal March 2015 Employers have long recognized the benefits of maintaining and recruiting a healthy, productive workforce through “wellness programs,” which provide physical and mental support. But as workers’ concerns mount over their lack of savings to meet every day needs and to prepare for retirement, many companies are launching “financial wellness programs,” … Read more