If you’ve ever considered seeking financial advice from a professional, make sure you know the score. Some financial advisors may claim to offer free or low-cost services, but someone is always footing the bill – and that someone may have motivations and conditions of his own. Here’s the real truth about financial advice.
Tag: financial reform
New financial regulation legislation recently passed by Congress is having widespread impact. Credit card companies have already tacked on new fees, raised minimum payments and taken other steps to recoup some of their lost profits. But they’re not alone. Banks are adding new fees and requirements as well. Find out what those fees are and how they will affect your wallet.
More than a third of American adults are obese, according to a study from the Journal of the American Medical Association. If current trends continue, 103 million American adults will be considered obese by 2018, with projected health care costs to reach $344 billion, according to a collaborative report from the United Health Foundation, the American Public Health Association and Partnership for Prevention.