Financial Tips
Saving Money on Food
I saw a page from a university’s web site showing the cost of various meal tickets and noted how expensive some of the meal plans were, which got me to wondering how we could save money on food. Eating, after all, is not an option. However, we have many options on how much we spend … (Read More)
You’re Spending How Much?
I just read about a former NFL player who retired a couple of years ago and, after making tens of millions of dollars in a short career, has declared himself broke and living with his parents. How in the world does this happen? It certainly isn’t due to making a minimum wage salary. Obviously, there … (Read More)
Using Funds Wisely
Hi! Welcome back to school. I would like to discuss a few basic tips that will help you start the school year off on the right financial foot. First, here are a few statistics you should know: The average college senior graduates with $4,100 in credit card debt 7% of students drop out due to … (Read More)
More on Saving by Reducing Expenses
The recent economic downturn is expected to lead to sales on many big-ticket items like cars, airfare and electronics. You can also save on smaller monthly expenses. It just makes smart sense to save wherever you can. A little research or a phone call or two to can help save on cell phones, cable services, … (Read More)
Some people may misunderstand frugality
I’m always amazed at what people buy because they “need” it (I include myself in that one – does anyone need a barely used Home Gym?). Some people may think buying what you need and bypassing what you don’t really need is nothing more than being “cheap” when, in reality, it is making sure that … (Read More)
The Most Annoying Bank Fees
We all get upset at seeing fees eating away at our fast disappearing paycheck. With recent federal regulations and the Law of Unintended Consequences, you may be seeing an increase in those already annoying fees among your typical financial institutions. Here are some fees to watch out for. 1. Cashing in your coins. This used … (Read More)
Beware of Fake Check Scams
According to the National Consumer’s League, fake check scams are the most pervasive fraud in America, hitting virtually every demographic group with some variation of the same clever con. The basic way it works is this: You get a check for a relatively large amount of money and are asked to refund or pass on … (Read More)
Saving money by cutting expenses
My wife, who pays our bills, was ecstatic when our most recent utility (read electric) bill was less than half of what it was this past really cold winter. It’s not that we did without heat (or air conditioning), nor did we give up the television or read by candlelight, but we made a concerted … (Read More)
Helping Parents Manage Their Money
I was talking on the phone with my sister the other day when the conversation shifted to our Mom and her older sister both living longer than average lives. So long, in fact, that family had to help them receive the physical and emotional care they needed in their last years. What seemed to take … (Read More)
Some Ways That Being Frugal Can Cost You Money
It can be smart to be frugal but sometimes your attempts to save money can have financial consequences that costs more money in the long term. Here are some ways you shouldn’t cut corners. Miserly Maintenance. Spending a little on regular maintenance usually helps avoid big bills for major repairs later. Unrealistic Budgets. Sometimes people … (Read More)