Budgets and Planning

When planning for a year, plant corn. When planning for a decade, plant trees.

Estate Planning, Especially for Women

Fitting the Planning Pieces Together

Everyone who’ll be leaving this world needs an estate plan, and they probably need financial planning while they are here. Women in particular should pay attention to this crucial and life-affirming process. Regardless of marital status or net worth, women need to make decisions and arrangements today in order to protect themselves, their husbands or […]

Holiday Shopping Tips to Keep You from Breaking the Bank

Gift Box

Here are some smart planning tips courtesy of Bills.com that can help you save $500 or more before the holidays. Budget Before employing any other savings tactics, create a holiday budget. Calculate the amount available to spend on holiday festivities, including gifts, cards, postage, decorations, entertaining, tips and travel costs. Break up with the barista  Breaking […]

What To Do If You Are Laid Off

To Do List

With unemployment still a problem in many locales and occupations, many people fear the possibility of being laid off. Here are some tips for coping with that prospect, courtesy of Ethan Ewing, president of free online consumer portal Bills.com. Negotiate well. If you are laid off, negotiate for a layoff package just as you would for a […]

To Lease Or Not To Lease, That Is The Question

green-car001

If you are in the market for a new car, you may have been tempted by the low monthly payments featured in the advertisements for leasing arrangements. With a lease, you can expect to make little or no down payment and make lower monthly payments. At the end of the lease period, you don’t have […]

Get Off the Credit Card Roller Coaster

Roller Coaster

Remember your New Year’s resolution? Not the one about losing weight, the one about finances. You resolved to save more this year and only use your credit cards in an emergency. Then your favorite department store had that great half-price sale and your resolve disappeared. You are in good company. The American Banker’s Association says […]

Mortgage Insurance

q&a

Dear Dollar Stretcher, My husband and I bought a house 18 months ago. We went in with less than 20% down, and so are stuck paying mortgage insurance to the tune of over $80 per month. What exactly is mortgage insurance for, and is it possible for us to “cancel” our mortgage insurance by showing […]

Bartering Clubs

q&a

Hi Gary, I just read an article on joining a bartering club in order to barter for bargains. The fee to join the club is $350. Is it worth it and are there other clubs available with lower membership fees? – Donna Even though we might not think of it, almost everyone is part of […]

The Ten Secrets To Attracting Money

Money Magnet

Are there really secrets to attracting and saving money that most people don’t know? Probably not. When you get right down to it, most money management concepts are centuries old. But, sometimes it’s worth our while to refresh our memory of what we already know to be true. So with that in mind, here are […]

The Dollar Stretcher

q&a

Dear Dollar Stretcher My husband and I aren’t quite sure which way to go to conserve on our heating bills. We have steam radiators in our old Victorian house and just replaced the boiler. The old one was over 60 years old and very inefficient. We have a programmable digital thermostat. Does it make more […]

A Five-Step Blueprint for Growing Your Money

5-Step Bluepring

Mutual funds are supposed to make inventing easy, but picking and managing mutual funds is bewildering for most novice investors. Fortunately, you don’t have to know a great deal about investments to make money in mutual funds. All you need is a reasonable knowledge of your own financial situation and goals, and some basic guidelines […]

The Utility Scam and Three Days to Cool Off

Electric Light Bulb and Utility Bills

The Utility Scam A member tells us that she was recently contacted by a utility company about an overdue electric bill. Her estranged husband had agreed to pay the utility bills, and she was surprised to learn that he had not. The caller threatened immediate disconnection and pressured her to send a check right away, […]

Starting Your New Business the Right Way

Planning Checklist

If you decide to start your own business, you will need an idea, a plan, and financial backing. Your business is unlikely to succeed without all three, and while most people who go into business start with an idea, most businesses that fail do so because they were undertaken without enough financing to sustain them […]

Maybe There’s Gold in Them Thar Hills!

Stacks of Money

Here’s something that is more promising than a lottery ticket – an unclaimed property that may be waiting for you. And now it’s easier than ever to find that property using the Internet. Unclaimed property comes in many varieties. Perhaps it’s a savings or checking account you’ve forgotten about. Or it could be an uncashed […]

Four Smart Ways To Save Money On Health Care

Buried Treasure

Health care has been on Congress’s menu lately, from prescription drugs for Medicare recipients to HMO legislation. But regardless of what Congress decides to do, there are four steps that you can take right now to protect yourself from the high costs of health care. Step one: Become an educated consumer. Remember that you are […]

25 Ways to Divorce Without Going Broke

Wallet full of Money

Divorce is the largest single financial transaction of most people’s lives, raising important questions that demand immediate answers. This booklet contains helpful tips on every aspect of divorce, including: before the divorce, gathering records, alimony, tax returns, navigating the divorce, accumulating cash, hiring an attorney, child support, property division, and life changes after divorce. Before […]

Signs of a Healthy Approach Toward Money

Money Tree Nourishment

Your financial future is up to you. No matter what your past financial history has been, you can begin today to build a solid financial foundation. With a healthy approach toward money you can cultivate sound financial management. How many of these traits do you have? You feel in control of money rather than being […]

Your Relationship with Money

Relationship Masks

Writing your money history can be helpful in identifying which money issues from your past were most important to shaping your attitudes today. Use these questions to begin exploring your relationship with money. Take one page and don’t worry about making it perfect. Write what you think and feel and get it down on paper […]

Your Money Style Quiz

Right On Target

Printer Friendly Format 1. You lucky devil! Upon arriving in Las Vegas for a week-long vacation, you win $1,000 on your first bet. What do you do? a. Wire the money to your tax-free bond fund immediately and stick to your pre-arranged spending plan for the rest of the trip. b. Put it all on […]

How Much Money Does it Take to Change Your Life?

Cash Bag

Is more money what you need to change your life or add value to your lifestyle? Will an increase in your net worth have a big impact on your life-or not? Are you willing to take risks to improve your financial picture? Or is it most important for you to minimize the risk of losing […]

Five Financial Fixes for Tough Times

Nurture your Finances

1. When the surf’s up, ride the waves. Dramatic fluctuations in the stock market allow you to “buy the dips”. With stock prices so volatile, prices may be down next payday when you contribute to your 401(k) plan. This means that you’ll be getting more shares for your money. Let’s say that you contribute $500 […]

How Do You Really Feel About Money?

Feeling About Money

How we feel about money-whether fearful and constricted or open and generous-greatly affects how we approach our financial lives. Use this exercise to identify your money attitudes and develop a positive approach toward your financial life. Circle the words that best describe your feelings about money and finances at the moment. Circle as many as […]

Facing Your Money Fears

Look in the mirror

Let’s clean out the old subconscious, shall we? People hang onto their money fears long after the danger has passed, and they worry about things that will never, ever come to pass. How much of what you worry about actually happens? For this one, you’ll need some paper and a timer. Set the timer for 15 […]

“If Only I Had More Money…”

Money Dreams

“If Only I Had More Money….I could _______ (fill in the blank).” It’s true that money can’t buy happiness, but it certainly can help you live the life of your dreams. You don’t fancy investment strategies to become financially secure, and you don’t need to win the lottery either. Here are five simple steps you […]

Budget Bonanzas

Bonanza

Most people think that budgeting is too much work. Here are some tips to help you easily create a meaningful budget that will save you money. Review budget categories in which you spend the most money. Trimming 5 or 10 percent from these categories will make a big difference in your savings. Prime categories to […]

Choose Your Budget

Which direction to go?

When it comes to budgeting, one size does not fit all. A detailed budget will help you control every expense. But if you tend to overspend in just one or two categories, you may not need an elaborate budget. Here are five different types of budgets, one of which is right for you: A Comprehensive […]

Living Dangerously: The Lies We Tell Ourselves about Disability Insurance

Disability Insurance

Do you have disability insurance? Many of us don’t. A survey by The Consumer Federation of America and The American Council of Life Insurers found that 82% of people do not have long-term disability insurance or believe their coverage to be inadequate. One-third of working adults say that their families could only live for three […]

Insurance Coverage You May Not Know You Have

Clicking heals in joy!

Here are some insurance coverages you may not even know you have! Your homeowner’s policy may cover lost luggage, as well as items stolen from your car and other locations, such as your purse. It also may cover items you have borrowed, property damaged by vandalism, or property damaged in a move. Your credit card […]

Mistakes People Make Buying Insurance

Errors People Make

A catastrophic loss can scuttle any financial plan, and bring your savings to its knees. You need insurance to protect yourself against medical costs, sudden loss of life, and loss of property or earning power. Many people are mostly in the dark when it comes to insurance coverage. They worry that they are underinsured, but […]

Long-Term Care is a Woman’s Issue

Elderly and mature Women

Women! Hear us!  We know you don’t need anything else to worry about, what with working, caring for children, and being the only one who replaces the toilet paper roll when it’s empty. But there is a crisis in long-term care coming to America that will affect you and your family profoundly. According to US […]

Setting Up Your Budget

Pumping Up Your Budget

In Dutch it’s “begroting,” in Spanish, “presupuesto,” and the Germans say “haushaltsplan” (which make the most sense, as in “How Shalt YOU plan?  In any language, we either love or hate the word and the idea of it.  But if you have no idea where your money goes, you are bound to end up in […]

Finance 101 for New Graduates

Graduation

It’s June is the traditional month of graduation, a time for new beginnings. As you join the world of work, realize that you have a tremendous power to shape your financial future.  That’s because you hold the greatest of all assets—time!  The ability to set goals and know what needs to be done to reach […]

A Man Is Not a Financial Plan®

A Man Is Not a Financial Plan®

My husband and I have been married for almost three decades, and we’ve worked together for most of them.  But we both know that even the most successful marriages end, in either death or divorce. That is why a man is not a plan, even in the best of marriages. If you are married, each […]

Clean Up Your Credit

Clean Up

Spring is a good time to check your credit report and clean up any problems. But don’t sweep any dirt under the rug. That’s what Katherine learned the hard way. Katherine is an ambitious, intelligent business woman who had never missed a payment in her life. But when she reviewed her free credit report, available […]

The Growing of the Green

Growing Wealth and Prosperity

If this March finds you wondering where to get a little more of the green stuff to cover life’s expenses, you’re not alone. Stories of rising prices and falling income fill the news—as if we hadn’t noticed.

Financial Workout Tips

Financial Fitness

If you vowed to lose weight and get more exercise this year, you aren’t alone. But how about extending that fitness regime to your finances? Here are some financial workouts tips to get your finances in shape. 1.  Put Your Spending On A Diet Carrying too much debt is as exhausting as carrying extra weight. […]

Financial Advice: Four Good Reasons To Save Money This Year

Savings

It isn’t hard to find financial advice on how to save money. But have you ever thought about why saving money matters so much? Sure, it’s important to set aside money for retirement, for the kids’ college education and for those unexpected life expenses, but there’s another reason why it’s more blessed to save than […]

Uncommon Sense: Some Money Rules That Might Surprise You

Uncomon Sense

Most money wisdom is pretty straightforward. You simply have to use your common sense to figure out that it’s good to save for a rainy day, spend wisely on things you really need, and keep a hopeful outlook for your financial future. Sometimes, though, a money rule comes along that calls upon your “uncommon sense” […]

Is Bankruptcy the Answer?

Weight of the World on Your Shoulders

Are you considering bankruptcy as a solution to your financial woes? Bankruptcy is a very serious issue, so consider all of your options before you take action. Here are some steps to take before you file, courtesy of Bills.com. Pull a credit report first.  Visit www.annualcreditreport.com to get your free credit report. Confirm that all information is accurate […]

Organizing Your Family Records

Taming Paper Work

Got records? Most people do. But can you find last month’s bank statement? A copy of your will? The manual for your DVR? If your answer was something unprintable, you need to get a bit more organized. The beginning of a new year is an excellent time to set up a financial record-keeping system for […]

Holiday Money Tips

Credit Card Shopping Spree

The holiday season is fast upon us.  Just as it’s easy to overeat during the holidays, it’s easy to overspend, especially if you buy on credit. People spend about 15 percent more on purchases paid with a credit card. To help you through the holiday rush and keep your spirits bright, here are seven tips to […]

Financial New Year’s Resolutions

New Year's Resolutions

This year, resolve to have a more prosperous new year by creating good financial habits that will last a lifetime. Good financial habits are truly a gift to yourself that keeps on giving-and they are much more fun than vowing not to eat another piece of chocolate cake! I Will Monitor My Spending Pick three […]

Financial Advice: Lessons from Scrooge

Lessons for Scrooge

When Charles Dickens wrote “A Christmas Carol” in 1843, he was driven as much by financial desperation as inspiration. The story met with instant success, selling six thousand copies within a week, and it has never been out of print since it was written. Dickens wrote and published the classic tale to pay off crippling […]

Saving Time and Money This Holiday Season

Christmas Elves

The holiday season is fast upon us. With so many demands on our time (there are just so many cookies to eat, it’s hard to know where to start!), and demands for our money, it’s no wonder that we’re all looking for a few extra ideas to make the holiday season run more smoothly. Give […]

Who’s In Control, You Or Your Credit Cards

Life Preserver

Time to start with a clean financial slate.  Bail out your sinking ship of credit card debt so you can spend the next century sailing smoothly toward your financial goals. Much of our spending is attributable to spur-of-the-moment decisions: “It’s on sale!” “It’s more than I wanted to spend, but I love the extra options.” […]