Money

When Elderly Parents Need Financial Guidance

A friend of mine recently realized his mother needed help managing her finances when he found her closets filled with oddball purchases like jalapeno jelly beans and Betty Boop bobblehead dolls. “It was pretty clear that telemarketers were taking advantage of her friendly nature to sell her junk she didn’t want or need,” he said.

JP Morgan To Repurchase Securities, Pay Fine To End NJ Investigation

NEWARK – JP Morgan Chase & Co. will pay a $1.1 million fine to settle a state investigation into the company’s sale of auction-rate securities, New Jersey officials announced today. The firm also agreed to repurchase approximately $91.25 million in securities from individual New Jersey investors.

Six Facts About The American Opportunity Tax Credit

There is still time left to take advantage of the American Opportunity Tax Credit, a credit that will help many parents and college students offset the cost of college. This tax credit is part of the American Recovery and Reinvestment Act of 2009 and is available through December 31, 2010.

Procrastination and Your Finances

ROSELAND – There is a natural tendency to procrastinate in doing stressful activities that you don’t enjoy. Combined with a busy, hurried lifestyle and competing demands, procrastination can create its own problems, such as stress, guilt and panic.

Give Wisely to Pakistan Flood Relief Efforts

CLARK – In light of the current humanitarian disaster in Pakistan, you may be seeking ways to reach out and help. And while many organizations worldwide are accepting donations for this cause, it’s certainly in your best interest to evaluate the legitimacy of the organization before you contribute.