Opinion
AI in Personal Finance: The Promise and the Limits
Your smartphone buzzes with an alert: Your budgeting app has spotted an unusual spending pattern and suggests transferring $50 from your savings account to your checking account. Later that day, a robo-advisor automatically rebalances your investment portfolio. Welcome to the age of artificial intelligence (AI) in personal finance, where technology is reshaping how we manage money.
Grief and Loss in the Holidays
I know that the death of family members during the holidays is very painful. I experienced losing my wife from the H1N1 flu in December of 2012. The sights and sounds that are about joy and love can reopen wounds rather than heal them. Grief and loss during the holidays can make the festive season feel unbearable. Coping with these emotions takes time and practice as we learn to live again.
Managing Risk at Different Life Stages
As an investor, you will always need to deal with risk of some kind. How can you manage the risk that accompanies the volatility of the financial markets? The answer depends somewhat on where you are in life.