Newtown's Board of Finance had a busy night. They met to talk about money. They approved some changes to the budget. They also accepted some grants for the police department. The meeting happened on April 14 at the Newtown Municipal Center. The board's chair, Steve Goodridge, led the meeting. Not all members were there. Barney Molloy and Bryce Chinault were missing. ...
Excel is a powerful tool for anyone dealing with numbers, especially in finance and accounting. It's not just about making spreadsheets look pretty; it's about using the right functions to get useful information. After lots of practice and analyzing data, some Excel functions stand out as particularly helpful. XLOOKUP is a game-changer for finance and accounting tas...
The fashion industry is full of surprises, but this one is particularly eye-catching. A prominent designer has shared a clever strategy to safeguard her family's future. She added a unique clause to her will, which has sparked a lot of interest. This clause, often called a "floozy clause, " is designed to prevent any new partner from benefiting financially if some...
The economic outlook for 2025 is causing some worry. The stock market is feeling the effects of recent tariff plans and government actions. The Federal Reserve Bank of Atlanta's latest GDP forecast shows a possible economic slowdown. The price of gold has gone up by nearly $300 since the start of the year. The CBOE Volatility Index has also risen, showing that in...
Investing can be a rollercoaster. You might have heard of "HODLing, " which means holding onto an investment, especially in cryptocurrency, regardless of short-term price fluctuations. For some, this strategy has paid off big time. Take Bitcoin, for example. In 2013, it was trading around $950. Now, it's over $95, 000! Other investors have also seen massive gains in ...
Financial planning isn't one-size-fits-all, and traditional algorithms often struggle with complex data. That's where reinforcement learning comes in. This type of machine learning can handle complex datasets better than traditional methods. Vanguard is using deep reinforcement learning to help clients achieve financial success. Their algorithm identifies optimal sa...
Did you know that even fast-food workers can retire as millionaires? It's all about saving and investing a portion of your income consistently. Brad Klontz, a financial psychologist, explains that every dollar you earn can be a step towards your "financial freedom. " Karen Wallace, a certified financial planner, adds that saving $1 million might not be as hard as it ...
When it's time to pick your insurance plans at work, everyone tends to focus on the big stuff like premiums and deductibles. But it's the smaller details that can cause real headaches. For instance, life insurance is usually a no-brainer—a free policy with no premiums? Check! But hold up, there's more to it than just ticking that box. You need to name beneficiaries, ...
Health costs are a major worry for U.S. retirees. Long-term care, like nursing homes and home health aides, isn't covered by Medicare. This can lead to huge bills late in life. Planning for these costs is key, says Christine Benz, director of financial planning at Morningstar. Retirement expenses usually go down, but long-term care can cause them to spike. This ...
College is a big deal, and it's never too soon to start planning for it. By the time students reach sophomore year of high school, they should be thinking about tests, applications, and how to pay for their future education. High schools usually have guidance counselors to help, but they can be busy and might not have all the resources kids need. That's where privat...