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Fictitious Balance on Your 401k/IRA Account Statement

Your account balance carries a hidden surrender charge. Millions of working Americans contribute a percentage of their earnings to a 401k account while many also have IRA accounts, most of which were formerly 401k that were rolled over to…
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Money vs. Memories: The Cost of Being Too Frugal

Being frugal all the time can cost you plenty in the form of memories. Life is too short to not splurge a little for memorable experiences, even if it means being less frugal and paying extra for special activities or events. There are 365 days…
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Spoiling Kids Could Make Them Rotten and you Poor

Kids have always been sponges when it comes to learning from their parents. As an adult, I can reflect on what I learned from my mom and dad. I admit (and am proud of) that I'm a lot like they were/are.  Unfortunately, I've spoiled my kids…
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Spend Money or Save it - Daily Decisions

You are where you are today, because of the decisions you have made so far in your life. Many people I know are losing daily financial battles and not saving enough money. Every minute of the day we make decisions and while most are very…
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Glen Ellyn as Seen By a High School Senior - 4 Ways to become Wealthier

For the past six weeks, Glenbard West senior, Dean Harnboonzong has been coming to my office twice a week as part of his Career Internship Class.  He has an interest in learning about financial planning and I challenged him to write an article…