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Apr 17, 2015
Deseret News - A recently published BankRate.com survey discovered roughly half of all working Americans and 75 percent of millennials do not own any stock or 401(k) plans.
tags: Texas Tech in the News
Apr 17, 2015
The Telegraph - Today in the beauty world, the money talk is of a new emerging market: the over 50s. According to Escentual.com, women over 50 now spend a whopping £2,200 per year on average on cosmetics - making them the biggest spenders and responsible for 58.14 per cent of all sales.
tags: Texas Tech in the News
Apr 15, 2015
Wallet Hub - Financial literacy is a growing area of focus for the academic community – from public school policymakers to university researchers. Areerat Lertchaipitak, doctoral candidate and associate instructor of personal finance at Texas Tech University, discussed some of the issues related to financial literacy.
tags: Texas Tech in the News
Apr 15, 2015
Consumer Reports - Over the years many celebrities have provided cautionary estate-planning lessons, and actor James Gandolfini, who died in June 2013 at age 51, is no exception. The actor, known for portraying mob boss Tony Soprano, left a portion of his estate, widely estimated at $70 million, to relatives and friends through his will, which became public and was criticized as being badly constructed. At least Gandolfini had an estate plan; fewer and fewer Americans do. In 1998, 61 percent of Americans 55 and older had a will or trust. In 2012, only about 54 percent did, says a study by Texas Tech University.