Kiplinger's Personal Finance
Encyclopedia
Kiplinger's Personal Finance (KIP-ling-ers) is a magazine
Magazine
Magazines, periodicals, glossies or serials are publications, generally published on a regular schedule, containing a variety of articles. They are generally financed by advertising, by a purchase price, by pre-paid magazine subscriptions, or all three...

 that has been continuously published, on a monthly basis, from 1947 to the present day. It was the nation's first personal finance magazine, and claims to deliver "sound, unbiased advice in clear, concise language". It offers tips and tricks on managing money and achieving financial security, as well as information and practical guidance on saving, investing, planning for retirement, paying for college, and buying automobiles, homes and other major purchases. Janet Bodnar
Janet Bodnar
Janet Bodnar is the editor of Kiplinger's Personal Finance magazine and a nationally recognized guru on personal and family finances. Prior to joining Kiplinger's, Bodnar worked for The Providence Journal and The Washington Post. She received an undergraduate degree from St...

 has been the editor of Kiplinger's Personal Finance magazine since January 2009.

Founded because "times will always be changing"

W.M. Kiplinger, founder of the Kiplinger
Kiplinger
Kiplinger is a Washington, D.C.-based publisher of business forecasts and personal finance advice, available in print, online, audio, video and software products ....

 family of publications, said he founded the magazine because "The times will always be changing. Much of life and work consists of looking for the changes in advance and figuring out what to do about them." Upon initial production, the magazine was known simply as Kiplinger Magazine, changing its name to Changing Times in 1949 and acquiring its present name in 1991.

Much like Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

magazine, ownership of the Kiplinger's franchise has been kept in the family. The current editor-in-chief is Knight Kiplinger
Knight Kiplinger
Knight A. Kiplinger [KIP-ling-er] is an economic journalist who heads the Kiplinger financial media company in Washington, D.C., publishers of business forecasts and personal finance advice....

 who succeeded his father, Austin H. Kiplinger
Austin H. Kiplinger
Austin H. Kiplinger is a journalist and philanthropist who lives in Chevy Chase, Maryland. He is the son of W.M...

.

Recent acquisition

On July 14, 2001, it was announced that Kiplinger's Personal Finance would be acquiring Individual Investor magazine. Details of the deal included Kiplinger agreeing to pay $3.5 million for the Individual Investor subscription list and Kiplinger agreeing to assume $2.6 million in debt. At the time of the acquisition, Individual Investor had 430,000 subscribers (reportedly, Kiplinger had 1,000,000 subscribers before the acquisition). http://www.enquirer.com/editions/2001/07/14/fin_individual_investor.html

External links

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