Posts Tagged: #FinancialPlanningMonth

October is a Time to Honor Older Adults

October is a time to honor older adults. October 1st is International Day of Older Persons, established by the United Nations (UN), to raise public awareness about issues affecting the elderly.  This year’s theme, Digital Equity for All Ages, focuses on the growth of the internet, mobile applications, and all tools to collect, store, analyze, and share information digitally [1]. October 4th-10th is Active Aging Week, which recognizes aging and the benefits of active living at any age [2]. Both holidays also showcase the capability of senior citizens as fully participating members of society. While recognition of these holidays is important each year, they are particularly worthy of attention now…read more

Problem Gambling and Financial Planning Don’t Mix

Did you know that October is Financial Planning Month? Financial planning is vital to reach long-term goals while paying short and long-term expenses, whether working towards a down payment on a new home, saving for your child’s college tuition, or ensuring a more comfortable retirement. This alone isn’t an easy balancing act, and many hire financial advisors for help. It’s pretty easy to see why a gambling problem doesn’t fit into a financial plan.  However, the impacts reach much further than most realize. Data from contacts to the 888-ADMIT-IT Problem Gambling HelpLine illustrate the financial pressure placed on those who suffer: The average amount of lifetime gambling losses was reported…read more