Finances

Strategies for staying calm during financial — and everyday — turbulence

Strategies for staying calm during financial — and everyday — turbulence 900 698 Donna Skeels Cygan
In last month’s article I discussed financial strategies to help you stay calm when the stock market starts to plummet and investors become fearful. Today’s article will provide personal strategies for keeping a cool head when others feel like the sky is falling. These tips are helpful during everyday life – even when the stock [...]read more

Staying calm when the market is not

Staying calm when the market is not 2560 1706 Donna Skeels Cygan
Some say the U.S. stock market will be strong in 2019 while others say we are heading for a recession. No one knows for sure. Economist Paul Samuelson famously said, “The stock market has forecast nine of the last five recessions.” The stock market was far more volatile than investors would like during October through [...]read more

Giving generously will warm hearts

Giving generously will warm hearts 1200 800 Donna Skeels Cygan
The holidays are often stressful and the frenzy of the season can get exhausting. I encourage you this year to have a different attitude: Take a step back, and think of others who are less fortunate. Giving to others and focusing on gratitude creates a healthy attitude. It’s a fact: Scientists in the field of [...]read more

Family stories

Family stories 900 600 Donna Skeels Cygan
Thanksgiving is a time when families get together for a special meal. Often, several generations eat together. The meal is delicious, and we tend to overeat. I encourage you to focus on starting an important conversation this Thanksgiving with your kids or grandkids. The objective is to pass down family stories from past generations, discuss [...]read more

Prepare now for the next financial crisis

Prepare now for the next financial crisis 541 363 Donna Skeels Cygan
September marked the 10-year anniversary of the huge nosedive on Wall Street in the 2008 financial crisis. Last month’s article discussed what led to the 2008 crisis, and this month’s article encourages you to prepare for the next financial crisis. Another financial crisis is inevitable, although we do not know when it will occur or [...]read more

Ten years ago this month — looking back at the financial crisis

Ten years ago this month — looking back at the financial crisis 900 653 Donna Skeels Cygan
Ten years ago this month – September 2008 – Wall Street took a huge nosedive. Today’s article will provide a summary of what happened in the financial crisis. Next month’s column will focus on how you can prepare for the next financial crisis. The first clear indication of trouble occurred on March 17, 2008, when [...]read more

Money matters

Money matters 1200 800 Donna Skeels Cygan
Why is money important to you? The quick reply may be “it helps me pay my bills” or “it keeps a roof over my head.” These answers may be true, but I want to go deeper as we explore the role of money in our lives. Money has tremendous power in our society. It has [...]read more

Summer is time to slow down, enjoy family

Summer is time to slow down, enjoy family 900 628 Donna Skeels Cygan
If you are old enough to remember Gershwin’s classic song “Summertime and the Livin’ is Easy,” then you can envision sweltering weather, family gatherings, cookouts with deviled eggs, pedal pushers and plaid shirts. If you’ve never heard the song, Google it and you will find recordings by Billie Holliday (1936), Ella Fitzgerald (1968) and Norah [...]read more

Follow these five steps to take control of financial future

Follow these five steps to take control of financial future 5616 3744 Donna Skeels Cygan
Money skills are learned. They are not genetic. Many of us learned how to deal with money from our parents or grandparents. It was not a formal class or an organized discussion. It was merely watching the way they handled money while we were growing up. Did they save for their future, or were they [...]read more

Get started now to raise money-savvy kids

Get started now to raise money-savvy kids 6000 4000 Donna Skeels Cygan
All parents want their kids to grow up to be financially responsible adults. We want our kids to learn how to live within a budget, to avoid credit card debt, and to understand the concept of “not keeping up with the Joneses.” We want our kids to be happy. We want them to find a [...]read more