Financial planner and educator Tom Henske sits down with InvestmentNews anchor Gregg Greenberg to talk about his book on raising a financially fit child, It Makes Total Cents. Watch Full Video (6…
Category: In the News (page 2)
FA Magazine | How The ‘Backdoor Roth IRA’ Can Benefit Some High-Income Clients
LimitationsYou can’t actually contribute more than $6,000 a year to a Roth IRA, or $7,000 annually if you’re 50 or older, whether it’s a direct investment or a conversion. That may be…
Video | Where Westport Meets the World – “06880” Podcast: Tom Henske
CNBC | Does inflation have you worried about retirement? Here’s what experts say to do
Inflation may have you worried about your retirement. Yet investing in equities is the best hedge against inflation, said Tom Henske, a New York-based certified financial planner.
“One of the main reasons you invest is to protect your purchasing power,” he explained.
“One of the main reasons you invest is to protect your purchasing power,” he explained.
CNBC | Your kids can learn life lessons from investing and trading in stocks—here’s how
Robinhood, for example, drew unprecedented levels of young, first-time traders to the stock market during the pandemic. The rise of such trading platforms that allow kids to buy stocks can be viewed as “a great…
The Balance | When Should You Give Your Child a Debit Card?
Debit cards also allow children to spend money on school trips domestically or internationally or while visiting relatives. “At younger ages, it’s important to use actual cash to help children become comfortable…
CNBC | Who should teach kids about money?
“Every child’s very first teacher is their parent,” said Yanely Espinal, director of educational outreach at Next Gen Personal Finance, a nonprofit personal finance organization. “This means early money lessons in the…
AARP | Is ‘Buy Now, Pay Later’ a Better Way to Shop?
A recent Credit Karma survey found that a third of shoppers who used BNPL fell behind on their payments, resulting in a lower credit score for nearly three-quarters of them. “If you…
Personal Finance Tips: The Ultimate Guide To Bookmark In 2022
Check out this tip from Tom Henkse is Rick Orford’s Personal Finance Tips: The Ultimate Guide to Bookmark in 2022. Personal Finance Tips I’d Tell My Younger Self One small step for…
CNBC | Here’s what you can do now to set yourself up for financial success in 2022
“People start to put their whole life in perspective in December,” said Tom Henske, a certified financial planner in New York. “Your head is already there with everyone else, so why wouldn’t…