Savings – $aving Money Tip$

admin May 27, 2015 Insurance, Savings

5 ways to reduce the pain of the inevitable

This article is by staff writer William Cowie. Jake and Kelly (not their real names) were very dear friends of ours. Well, Kelly is still, but her husband just recently passed away. Because he was healthy and active, it came as a complete shock to us all — especially to Kelly. A familiar division of labor had developed in their 40 years of marriage. Jake was the one who took care of everything. He naturally just assumed the role of handyman, car mechanic, and accountant. If it broke, he fixed it; if it needed gas, he filled it; and if it needed to be paid, he made sure the finances would accommodate it. Circumstances reinforce habits They both worked since becoming empty nesters, but a few years ago

New Jobs, Extra Income & Making Money

admin May 27, 2015 Savings, Values

Money Matters: Saving

Saving is income not spent or deferred consumption. Saving involves reducing expenditures such as recurring costs in terms of personal finance. It is the first step to achieve your financial goal. It may be to purchase a car, a down payment for your first home, vacation, or retirement. If you are like most people, life gets in the way of saving for retirement. Make saving a priority and find money to save! No excuses! Before you give me an excuse why you cannot save, make it automatic! If you set up a payroll deduction, the money will automatically go to your savings or money market account. Are you saving for a major purchase or retirement? For as little as $15 a day and an average rate of

Debt Management, Relief & Consolidation

admin May 22, 2015 Savings

You Can Start Saving a Lot of Money By Following These Simple Steps

Willpower, the well-meant angel on our shoulder, has an extremely tough job to tend to. It’s the over-seer of so many things we’d rather forget: our budget, eating plan, or exercise routine. Despite how hard it works to keep us on the right path, it usually can’t stand up to our whims and cravings. Saving money isn’t easy. It’s something we all struggle with. When it comes to money, the result of our ability to silence our willpower is an instant gratification mentality and a financial foundation that is rocky at best. Fortunately, there are other ways to save money that don’t require a constant battl. Here are a few. Make it automatic Decision fatigue is real. It’s something the majority of us

Debt Management, Relief & Consolidation

admin May 22, 2015 economics, Savings

Ask the Readers: Will higher interest rates make you save more money?

This article is by editor Linda Vergon. Interest rates are expected to rise later in 2015. What will you do with this information? You could make the case that you haven’t missed much if you didn’t keep your money in a savings account over the last few years. But still, we all need liquid funds to one degree or another – and the sooner the interest rate goes up on those balances, the better. So will higher interest rates make you save more money? Well, they could, but not if you don’t have the money to begin with. A strange dichotomy seems to exist right now. “Total indebtedness is now almost $12 trillion in America,” as William Cowie pointed out in his recent article “What is your

New Jobs, Extra Income & Making Money

admin May 15, 2015 Savings, Values

What Is the Best Career for You?

The best career is when you match your skills and interests. You could look for careers that have high growth such computer technology, healthcare, biotechnology, fire or police. After all, they are high paying and there is more opportunity for promotion. It sounds great, but if you are not interested and do not have the skills you will not be a good candidate. Success is performing your job well! Choosing a career is something that requires more than five (5) minutes! Too often, when faced with student loans or other pressing problems, we just take the easy route to a job. For example, if you majored in liberal arts in college and you have not demonstrated your skills in the real world, you decide to become

Debt Management, Relief & Consolidation

admin May 14, 2015 Budgeting, Savings

How much to save for maternity leave

This article is by staff writer Holly Johnson. The United States policy on maternity leave can be a touchy subject among families, and especially women. Unlike all other wealthy countries, many of which mandate weeks and months of paid leave for natural and adoptive mothers and fathers, the U.S. mandates no such thing. In fact, the last movement toward maternity fairness in the U.S., the Family and Medical Leave Act of 1993 (FMLA), included a provision mandating 12 weeks of unpaid leave annually for mothers of newborn or newly adopted children. Twelve weeks doesn’t sound so bad, but that unpaid part can sure sting. Bundle of bills? We all know that babies are expensive, but it isn’t just the cost of diapers that adds up.