Page 5 - Eric Tyson News Today

It often makes financial sense to not pay off your mortgage before retiring.

JULY 2 - The active shooter allegedly responsible for killing one man and injuring at least two others at the Wal-Mart Distribution Center on Highway 99W, had a history with law enforcement, reports the Tehama County District Attorneys Office. Louis Lane, 31, of Redding was convicted in Shasta County of trespassing, and charged with battery in 2017 and 2007. In 2018, in Henderson, Nev., he was arrested on suspicion of felony being in possession of a concealed weapon with a permit. In a shootout...

Why students need to be taught how to manage their finances With the economy beginning to recover from the effects of the pandemic, financial literacy is important. Good financial habits and a strong mindset are crucial for everyone, including students. Although there is no specific age to begin, mentors and educators should start imparting basic knowledge about money as soon as they feel the child is ready. Start with the basics of making a budget, spending and saving, as every step a person t...

Print Dear Liz: I’m 53 and a debt-free homeowner. I’m employed but don’t have a 401(k) and have only about $80,000 in savings. I realize I need to put that money to work somewhere but I just freeze when it comes to trusting myself or someone else to handle it. Markets lately scare me to death, as do fraudulent or self-serving money managers. But as time ticks away, I develop more and more anxiety about it. What would you suggest? Answer: Many worthwhile endeavors are scary, and you haven�...