Categories: OLD Media Moves

What’s the future of personal finance journalism?

Chuck Jaffe

Syndicated columnist Chuck Jaffe looks at the future of personal finance journalism given the decision by Money magazine’s parent to stop publishing the personal finance title.

Jaffe writes, “The democratization of personal-finance journalism demands that consumers scrutinize news sources – and the motives of those sources – with the same detail they apply to the advice itself.

“It’s not enough to say ‘Does this advice make sense? Does it seem right?’ You have to also ask ‘Were there any special motivations – beyond simply informing consumers – behind these suggestions?’

“You can pay for financial advice in many ways. You can go to the websites and search for free advice, you can buy the magazines – though with Money gone, you’re looking mostly at Kiplinger’s Personal Finance if you want personal-finance coverage more than once every quarter – or you can look for outside help and hire an adviser.

“If free, no-cost counsel is bad advice, it has a very real cost.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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