Terry Savage’s Archives
Below you will find the columns terry has written by date.
Below you will find the columns terry has written by date.
Ravages of Inflation
Inflation is very simply the debasement of the currency. Your money buys less stuff. Inflation starts out barely noticeably -- and is often welcomed as a sign of growth and prosperity. But like kudzu – that fast-growing green vine that has taken over many landscapes – the devastation takes a while to reveal. With kudzu,..
Student Loan Forbearance Update
Update on 12/23/21: See first paragraph below written two weeks ago. Well, ,a "student loan forgiveness miracle" has happened! The day of reckoning has been postponed to May 1, 2022! The politicians felt the pressure! Now what should you do? Will this be followed by another extension -- or perhaps a fixed amount of loan..
Grown Up Money Gifts
In last week’s column, I provided some holiday gifting ideas for children – ranging from 529 accounts to gift cards for $5 worth of shares in almost any company from Stockpile. But what do you gift grownups – especially to those who already “have everything”? Or if they are millennials who already ‘know everything”? Consider..
Money Gifts for Children
My annual holiday money gift column for children and young adults arrives just at the start of the holiday shopping season. In a time when many are hesitant to shop in stores, all of these ideas can be accessed online. And unlike presents that will be quickly outgrown or broken, these gifts are meant to..
Small Business Health Insurance Deal
This is the third in a series of columns designed to help with this season of healthcare decisions. The first was for seniors making Medicare Open Enrollment decisions about prescription drug and all-in-one advantage plans. The next could explained how more individuals could purchase Affordable Care Act (Obamacare) at Healthcare.gov, with new higher subsidies and..
I-bonds Yield 7.12% — Chicken Money Alert!
All of you patient "chicken money" holders have something to cheer about -- if you understand the rules and restrictions. The headline is that for the next six months, Series I savings bonds will carry an interest rate of 7.12%. Now, before you jump into this deal, please read the details below! Series I U.S...
