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The securities markets pay risk premiums.

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The securities markets pay risk premiums. You have to have your money invested and at risk

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Talking Money With Lisa

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The Home and Away Series

This Month's Guest: Ms. Nancy W. Hudson

Extension Agent - Family and Consumer Sciences, Medina County

Agreeing about money challenges many families. It takes time, effort, and effective communication to get on the same money track. When circumstances include a job that keeps you apart for days or weeks, your money-talking skills and individual efforts need to provide the payoff.

If your money discussions escalate to shouting matches or come to abrupt halts, it's time for a different approach. Realize you will have different attitudes and values. To one, money may mean power. To the other it may mean security or status. One may be a spender, the other a saver. The concern is not that you always agree about money, but how you discuss your differences and reach a suitable compromise.

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News Flash - Hot Off The Press!

By Jennifer Liberto, senior writer

NEW YORK (CNNMoney.com) -- President Obama on Thursday publicly signed on to a message that former Federal Reserve chief Paul Volcker has been giving for a year: Let's limit the big banks.

Volcker, an economic adviser to Obama, joined the president in announcing new measures to narrow the size and scope of banks' investment activities.

2010 Financial Tips

  1. Take the time to assess your financial situation. Ask yourself three questions: Where am I financially? Where do I start? Do I need to get some help?
  2. Prepare a budget.
  3. Pay your bills on time.
  4. Work diligently to repair your credit.
  5. Get a second job if necessary to make ends meet.
  6. See what, if anything you can eliminate from your expenses.
  7. Make wise decisions with the money that you have.
  8. Make sure that your estate planning is updated, including wills and healthcare directives.
  9. Use your time wisely.
  10. Pay yourself by doing something that makes you happy without spending a lot of money.

Polls

Do you make/follow a budget?

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