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Mellody Hobson talks more on retirement in today’s segment of “Money Mondays.” Last week, we talked about a potential retirement crisis for this country. People…

TJMS

Mellody Hobson talks about preparing for retirement on today’s “Money Mondays” segment. I know it’s something I talk about a lot, but retirement is the…

Financial expert Mellody Hobson called in to the TJMS this morning to speak on getting your children a credit card at the age of sixteen. Is it a good idea? She says absolutely!   Click here to listen and find out why Featured Image Credit: Money.msn.com

TJMS Contributor Mellody Hobson called in to the TJMS to discuss a topic we often don’t think about: the psychology of finances. Often times fear will stop us from purchasing things or even investing– both of which could lead to a better financial situation and future. But remember, scared money don’t make money. Mellody writes: […]

With unemployment at 7.8%, most of TJMS listeners have jobs, but that doesn’t mean they’re happy with them. A recent study by UC, Berkley found that only 48% of participants said they were “very satisfied” with their work. That said, that same study also found that people WANT to work. When asked if they had […]

You know those commercials you see that say they help you “get of debt the quick and easy way?” Debt consolidation companies can paint a very rosy picture for people who are struggling to get out of debt. And between credit cards, medical bills, and household expenses, that applies to a lot of Americans. We […]

Mellody Hobson called in to the TJMS this morning to discuss one of the most difficult topics when it comes to finances: Writing a will. Why is it so important to write a will? I know none of us really want to think about our own death; and I’m not the Grim Reaper, but I […]

More people are dealing with financial disparity amongst siblings. Yes. A lot of middle-aged adults are familiar with the  “sandwich generation” conundrum—partially supporting both their kids and their parents, but what about when the turkey in the sandwich wants some cheese?  In addition to getting hit up from the younger and older generations, some people […]

Financial expert and Good Morning America contributor Mellody Hobson called in to the TJMS today to provide tax tips for those who are unemployed. Continue reading for her suggestions… What tax tips do you have for the unemployed? The current unemployment rate is 8.3%. So first, remember that you’re not alone. And when tax time comes around, […]

The average cost of a wedding in America is $27,000. Financial expert Mellody Hobson called in to the TJMS this AM to give listeners advice on the best ways to save and keep costs low. What advice can you give about wedding costs? Weddings are astronomical these days! I think a lot of people fall into […]

Do you have any new ideas for how to teach saving and investing to our kids? Mellody: It is still stunning to me that stock market fundamentals—actually, even the basics of saving and investing—are not taught in schools. That means the onus lies on parents to teach their kids. One fun way to get started […]