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People love to throw around numbers when they talk about retirement. How many times have you heard that 52 per cent of Americans have only $10,000 saved for retirement? Or that 33 per cent of workers are putting off retirement until after age 65, and...

Here are the remaining answers to the Bermuda Financial Literacy quiz that was featured in The Royal Gazette Moneywise article on April 11. Answers to first five questions were published on May 2 (see links at end of this article). Right, I promised...

Dear Dave, I have a question about budgeting. I give myself and my husband $150 a month each for blow money to be used on whatever we want. I’m upset because he spends all his eating out, then he buys other things he wants that he has no money for. A...

Dear Dave, My husband and I have been following your plan. We just paid cash for our new home after selling the old one, so we’re out of the Baby Steps. But we’ve still got about $50,000 in student loan debt hanging over our heads. We make over $100,...

Dear Readers, how are you saving on your household costs? Will you tell me your “secrets” as I invite you to contact me at martha.myron@gmail.com? Kindly state your name and whether you would like to remain anonymous. I never reveal my sources. The ...

What does it take to be a mother? Initially, it is a brief physical moment of contact. Her (and your) future course is set. But it is much more than that. Mothers have borne us through nine long months of a glorious, terribly laborious gestation d...

Dear Dave, I’ve been following your plan, and I have my emergency fund in place and am investing in mutual funds. Recently, a financial planner recommended bonds to me. What is your opinion on this? BECKY Dear Becky, I don’t recommend bonds at all ri...

Financial literacy quiz answers? How Moneywise are you? Only one very brave reader took the test. She actually scored 100 per cent, but there was one catch. For extra points, some questions had multiple answers. She, bless her heart, proclaimed to be...

Dear Dave, My wife and I are on Baby Step 3 of your plan. We’re also saving up to buy a car with cash. We’re about $3,000 away from our goal, but now my wife wants to go ahead and finance the rest. She has started wondering what the difference is in ...

Couples, whether living together, in a civil or legal union, are they functioning in beautiful bliss or financial fiascos? Family relationships encompass a variety of life arrangement situations: couples, single parents, grandparents, civil unions, ...