Submitted by Josh Patrick on Mon, 12/09/2013 - 12:00pm
When I got into financial services, I worked for a well-respected life insurance company. I believed people saw the need for and details of life insurance clearly, and that it sells easily. Wrong, and here’s why it’s hard for you to decide on this insurance.
Life insurance is complicated. Most people misunderstand life policies. They don’t understand how it works or why some types are darned expensive and others look cheap.
Submitted by Neil Vannoy on Fri, 12/06/2013 - 12:00pm
This time of year brings you enough stress without overspending on gifts and ending up in debt. Here’s how to avoid giving until it really hurts.
The money spent on the holidays staggers the imagination of even the most rabid gift-giver. This year on the four-day Black Weekend (formerly confined to just Black Friday), American shoppers dropped an estimated $22.2 billion. Cyber Monday, the biggest day of the year for e-commerce in the U.S., saw record sales of almost $1.74 billion.
Submitted by Neil Vannoy on Wed, 11/20/2013 - 12:00pm
Smart consumers always try to stretch dollars. Follow these tips to help you save money, spend less and improve your finances.
Deal with your debt. To start saving money, deal with money you already spent. Overspending often leads to credit card balances, expensive personal loans and other high-interest debt. Unless you develop a plan to pay off these debts – and stick to that plan over time – odds of paying off your debt are bad.
Submitted by Brenda P. Wenning on Wed, 11/20/2013 - 9:00am
At least it sounds like good news. The U.S. Bureau of Economic Analysis announced that the economy grew at a rate of 2.84% during the third quarter. That’s up significantly from recent growth, which has been below 2%. Big deal.
If you find a silver lining in today’s economy, it’s sure to be surrounded by a black cloud. And there are a few black clouds in this report:
· Preliminary numbers are almost always wrong. Funny how sometimes they’re overly optimistic.
Boarding pass in your pocket, shoes on again after security screening and wheeled suitcase humming at your heels, you even find a seat near the gate. Now you have a moment to add up what this flight really costs you, and here are some sneaky fees.
Not long ago in an economy not so far away, a six-figure annual wage spelled arrival, success and wealth – not to mention future financial freedom and security. Times and prices change. Here’s how to restore a punch to those six figures.
How quaint that $100,000 a year once seemed like millionaire status for wage earners. When I was a kid, my parents said things like, “He can certainly afford it – he makes six figures!”
Submitted by Lea Ann Knight on Fri, 10/25/2013 - 12:00pm
Fall brings Halloween and before you know it the gift-buying craziness of the holidays. They drive investments, cash flow and credit card bills right from your mind. This time of year, before the rush, is a perfect time to refine your annual budget, and here’s why.
Budgeting problems are twofold:
· You use a budget template that doesn't reflect your lifestyle or how you look at money, or
· You once prepared a budget, locked it in a drawer or a Quicken file and never looked at, updated or revised again.
Submitted by Lon Jefferies on Fri, 10/11/2013 - 12:00pm
What’s the best method to sort out the twin barrage of messages chiding you to save more and urging you to spend more? Doing the math over the long term is a good start.
How often do you see articles containing money-saving tips? Make dinner more often and eat out less, rent movies rather than go out to them, bring lunch to work rather than visit a restaurant, take advantage of coupons and brew your coffee rather than hitting Starbucks?