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Stock Market Watch: It's Up! It's Down! But Why? Posted by: Nick Wychocki on: June 4 2010 Markets around the world have taken a few steps back in the past month, and there are a number of factors contributing to this newfound fear among investors. The debt crisis in Europe is, of course, the obvious event to point a finger at when explaining the recent market stall and decline. And a depressed Euro along with the Gulf oil spill are further adding to the instability. But there is one factor quietly lurking in the... Read More	The Trials & Tribulations of Money Management as a Couple Posted by: Nick Wychocki on: May 21 2010 How do you, as young professionals, manage your household finances? Who is the saver and who is the spender? Do you fight over money? A 2008 survey by Parade Magazine found that money was the leading cause of marital fights. And rightly so. There was no class in high school or college titled, “How to manage money in a relationship.” So w... Read More	Life Insurance and the Young Professional: Choosing a Plan Posted by: Nick Wychocki on: May 11 2010 This column is the second and final part of my series on life insurance for young professionals. Part one considered whether you, as a young professional, should purchase a life insurance plan. Life insurance doesn’t have to be purchased from your local agent anymore. Plenty of online sources exist to assist you in getting a... Read More
Life Insurance and the Young Professional Posted by: Nick Wychocki on: April 30 2010 Over the years, life insurance has developed a stigma thanks to the stereotypical sleazy life insurance agent persona, not far removed from the used car salesman. And so it is one of those topics that doesn’t get discussed very often these days, but should because it’s an important component of a well-rounded financial plan. In the past, people were often sold unneeded or excessively expensive plans where the... Read More	Dollars & Sense: Consider the Brokerage Account Posted by: Nick Wychocki on: April 22 2010 With IRA’s and 401(k)’s garnishing the most attention in the investment community, investors forget about the value offered from opening a good old-fashioned brokerage account. Most questions submitted by young professionals to the talking heads for leading money magazines and news channels deal with contributions to retirement accounts because that is what has been drilled into their psyche at an early age. Everyone hears “... Read More	Dollars & Sense: Managing Your Money Posted by: Nick Wychocki on: April 15 2010 I first want to say how excited I am to be writing the personal finance blog for YPNation. Since I received the nod to write my first post I have been racking my brain for a good topic to begin with. Literally hundreds of ideas ran through my head and, needless to say, I will not be at a loss for topics down the road. But I have decided to start with some general thoughts on managing money--something many young people do not spend enough time... Read More
Managing Information Overload: Turning Data Into Dollars Posted by: Kate Tighe on: March 19 2010 Late last month Marketplace Money did a story on "hauls," online video diaries about the junk people buy. Call me a Luddite, but that makes me want to cuddle up with Tolstoy's War and Peace. If you have a different reaction it might be because you--like so many savvy entrepreneurs in the... Read More	Philanthropic Fun in 2010 Posted by: Kate Tighe on: February 10 2010 Last December I wrote here on YPNation that I would try to tithe--to give away 10 percent of my income to charity. Well, I failed in 2009. I was only able to “five” last year (that is, I got to 5 percent). Deciding to give at the very last minute, two weeks before Christmas (after being horrified by a remake of A... Read More	Beware the Flat Tax Sales Pitch Posted by: Ethan Pollack on: December 1 2009 I had planned my next post to be about the work the Economic Policy Institute has been doing in the last few weeks, including an event on state and local budget relief and the release of a... Read More