The 50ish.org Midlife Money & Finance Pages
Middle-aged men in the 21st century are not as good at money management as their forefathers were. Today’s over-40 male may respond by saying his ancestors had a lot less money than he did, and therefore a lot less money to worry about.
Midlife Money Crisis
It doesn’t really matter who is right and who is wrong. The point is that for whatever reason a lot of households out there have gotten themselves into a right ole financial pickle.
It seems that the 3 principles of handling our cash have somehow got forgotten with the current generations. These priorities, in their most simplistic form, are broken down as so:
- Earn money
- Spend money
- Invest money
When looking back at men who have lost out to the recent financial crisis and global economic downturn, it appears that point 3 has been removed altogether in many cases, and point 2 has been given priority over point 1. In other words we have been living above our means, spending more than we earn and having nothing left over but escalating debt. It’s not surprising, therefore, to see how point 3 got omitted from the 3 point principal.
It is the purpose of the financial index pages to list articles and news reports on money and finance related topics that may help today’s men of middle-age get back on track.
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INVESTING IN THE FUTURE -Money Matters and the Middle Age Man
Man Fired in Mid-life: But just how tough is it for older guys to get back into work after losing their job? 50 might be the new 40, but when it comes to age, the employment market can be a cruel place. Can’t it?
The Male Mid-life Money Crises: We’re earning more cash than previous generations yet our money management skills have fallen by the wayside. So why are today’s middle-aged men living in such fear of financial uncertainty?
Here at 50ish.org, our articles and resources on Money and Financial matters will continue to grow over time.