You have ample savings. So why are you scared of running out of money?

All of us have a history with money. We grow up with too little or too much — or fall under the sway of parents or others who influence our attitude about saving and spending. As we age, money often becomes an indicator of our emotional well-being.

It’s fine to think about money frequently, enjoying its benefits and squeezing value from it. But it’s not healthy to fret about it constantly and let the “I-don’t-have-enough” worry eat away at you. Even some rich people express irrational fear of going penniless. In an honest moment, a financial adviser will admit that chronic worrywarts are high-maintenance clients. They require more hand-holding. What’s worse, they may not listen to reason.

A little empathy goes a long way. Rather than dread these clients, savvy advisers ask gentle questions in an effort to uncover deeper concerns, motivations and memories.

“I wouldn’t say the fear of

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Public library services you may not know about that can save you money – Lifestyle – Times Record

My adult children are big on borrowing stuff from their parents. And, from time to time, they may fail (you know who you are, son) to mention having borrowed something like a Milwaukee Sawzall reciprocating saw in its big, bright red case, prompting that son’s father to assume said tool had been stolen after searching the garage high and low for it on a day he had an urgent need for it — further prompting said father to reluctantly make a trip to Home Depot to buy a replacement.

This little blast from my past illustrates, in an odd way, how not everyone needs to own the same things. My husband uses his Sawzall so frequently he’s replacing the blade with abandon. But Jeremy? Hardly ever — maybe once a decade. Harold needs to own this tool. Jeremy is better off borrowing (all is forgiven, by the way).

Many public

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Feds again deny request for money to pay for Portland Harbor dredging

The federal government has again turned down a request for money to help pay for dredging around piers and wharves in Portland Harbor.

Local officials said they learned Friday that the latest request for funding from the U.S. Department of Transportation had been denied.

Dan Haley Jr., chair of the Board of (Portland) Harbor Commissioners, said the cost of dredging the harbor and disposing of the waste will run about $30 million. The state, cities of Portland and South Portland, and wharf owners would all contribute, but most of the money would come from the federal government.

The dredging would be performed around piers and wharves, which tend to fill with silt flowing into the harbor from the Fore River, Haley said. Channels and shipping lanes are maintained and regularly dredged by federal agencies.

Chuck Kamilewicz, Portland’s assistant harbor master, said as much as 25 percent of the space around

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Show Me the Money: Child debit cards

With so many kids learning at home, now is a good time to teach them to be financially responsible.

“Personal finance is not something that’s often taught in schools, but I think all of us as adults and parents we know that it’s a critical part of just managing life.” Tim Sheehan is the CEO and co-founder of Greenlight, a debit card for kids.

He’s a father of four, and he came up with the idea because he – along with many other parents – saw a need.

“They weren’t carrying cash with them because parents like most adults were making their purchases with debit cards and credit cards so they didn’t have cash to give to their kids and cash can get lost or stolen or damaged.. plus with the pandemic these days no one wants to be dealing with cash.”

Parents can even control which stores their kids

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FCC has money for rural broadband but isn’t sure where to spend it

Ever since Rep. Dave Loebsack, D-Iowa, was first elected to the House in 2006, he has sought to ensure that Iowans and other rural Americans can access the internet.

Dave Loebsack looking at the camera: Rep. Dave Loebsack, D-Iowa, speaks with reporters at the Iowa State Fair in August 2019. He worries that his rural constituents still cannot get internet service.

© Provided by Roll Call
Rep. Dave Loebsack, D-Iowa, speaks with reporters at the Iowa State Fair in August 2019. He worries that his rural constituents still cannot get internet service.

But Loebsack, who is set to retire at the end of the 116th Congress, remains frustrated that the federal government still lacks accurate data showing where Americans can get a signal — and where they can’t.

“For years, it has been evident and clear to this committee, the stakeholders, and indeed, the Federal Communications Commission, that the maps have been bad,” Loebsack said at a House Energy and Commerce Committee hearing on Sept. 17.

“All of you recognize that, all of you admit that,” Loebsack told the quintet of

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FinCEN: Billions In Suspicious Money Flows

A shocking new report reveals an underworld of corruption in the world’s banks and how governments allow it to thrive, BuzzFeed News reported.

The Financial Crimes Enforcement Network (FinCEN) uncovered government documents on how giant financial institutions move trillions of dollars in suspicious transactions, padding their bottom line, while terrorists, drug dealers and corrupt politicians are allowed to run free.

FinCEN, a division of the U.S. Department of Treasury that analyzes financial transactions to combat money laundering, terrorist financing and other financial crimes across the globe, found the U.S. government appears unable to stop it.

“Some of these people in those crisp white shirts in their sharp suits are feeding off the tragedy of people dying all over the world,” Martin Woods, a former investigator for Wachovia, the North Carolina-based financial services company that was acquired by Wells Fargo & Co., told the

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The 2020 Election & Your Money

With the U.S. election on the horizon, many investors may be wondering what they should be doing with their investments before Nov. 3.

What’s Morningstar’s take? Do nothing–or at least do nothing with your portfolio that has anything to do with whom you expect to win. Your time horizon and goals should determine what your portfolio looks like. Who is in the White House should have nothing to do with it.

That being said, investors shouldn’t pretend Election Day doesn’t exist. In fact, now is a good time to take a step back and make sure you are comfortable with your asset allocation, given that we are likely to experience a good dose of volatility in the weeks (and perhaps months) ahead.

Further, the election’s outcome may have policy ramifications for investors and their money over the long term. Those may include retirement-related issues, such as Social Security’s solvency and

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Xbox Series X And Xbox Series S Reportedly Causing Microsoft To Lose Money


  • Microsoft recently revealed the prices of the Xbox Series X and Xbox Series S
  • The Xbox Series X retails at $499 while the Xbox Series S retails at $299
  • Microsoft is reportedly selling its next-gen gaming consoles at a loss

A new piece of information surfaced online, claiming that Microsoft is selling Xbox Series X and Xbox Series S at a loss. Microsoft announced earlier this week the official retail price of the Xbox Series S. The all-digital gaming console would soon be available at a starting price of $299.

The Xbox Series S features the same CPU as the Xbox Series X but it is $100 cheaper than its sibling.  Some gaming enthusiasts are now wondering if Microsoft is selling its next-generation gaming consoles at a loss. It appears that Venture Beat’s Jeff Grubb also thinks the same.

According to Grubb, the Redmond-based tech giant is taking

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Top Trump official Seema Verma ‘abused’ government rules by spending $3.5 million in taxpayer money to boost her own profile, according to a congressional investigation

Deborah Birx et al. looking at the camera: Seema Verma, Centers for Medicare and Medicaid Services Administrator Jim Watson/AFP via Getty Images

© Jim Watson/AFP via Getty Images
Seema Verma, Centers for Medicare and Medicaid Services Administrator Jim Watson/AFP via Getty Images

  • Seema Verma, the Centers for Medicare and Medicaid Services chief, “abused the federal contracting process” and “wasted millions of taxpayer dollars,” according to a new congressional investigation. 
  • Verma paid a team of expensive media consultants to help her land high-profile interviews, meet with journalists and lawmakers, and craft written materials. 
  • In one instance, Verma paid consultants nearly $3,000 in taxpayer money to put together a “Girl’s Night” at USA Today reporter Susan Page’s Washington home. 
  • In July 2020, the Health and Human Services inspector general found that Verma broke federal contracting rules. 
  • HHS spokesperson Michael Caputo called the congressional report “another reckless drive-by election year hit job” in a statement to Politico.
  • Visit Business Insider’s homepage for more stories.

Seema Verma, the head of the Centers for Medicare and Medicaid

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Don’t waste your money on Tom Brady in Week 1

The 2020 NFL regular season kicks off Thursday night in Kansas City, and if you’re a bettor we’ve got you covered for picks against the spread for every Week 1 game and season win total over/under predictions for every team.

© Provided by For The Win

The game of the week in the NFL’s opening weekend will happen in New Orleans, where Drew Brees and the Super Bowl-ready Saints will take on NFC South rival Tampa Bay and new Bucs quarterback Tom Brady. The Bucs have been a popular preseason Super Bowl choice for bettors at +1400, but according to our NFL expert Steven Ruiz, you should avoid putting money on the Bucs to cover in Week 1.

Here are our locks of the week for Week 1:

Steven Ruiz: Saints -3.5 over Buccaneers

Continuity is going to be a big thing following a weird offseason. I think the Saints

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