More Summer Cash Savers

Money doesn’t grow on trees, but you can certainly save some cash this summer by taking advantage of Mother Nature’s goodness. Don’t let soaring food prices put a damper on your seasonal fun; rather, consider growing your own fruits and vegetables in order to preserve your family’s household budget. You might be surprised by how a little farming can yield big savings for the average American family. According to the Wall Street Journal, for every $1 you spend on green bean seeds, you have the ability to grow an average of $75 worth of produce. In addition, for every $1 … Continue reading →

Summer Cash Savers

Don’t let the calendar fool you—summer is officially here, at least in my neck of the woods. We have been sizzling in 90-degree (plus) heat for more than a week. Despite the crazy hot temperatures, my daughter and I saw a man cutting his lawn with a push mower at 11 a.m. yesterday when the mercury had to be pushing 89 degrees. Come to find out, the guy is not as nutty as I thought. In fact, he’s probably smarter and richer than most of us who use a power mower to cut our grass. According to the Environmental Protection … Continue reading →

Avoid Financial Surprises During Your Retirement

The subject of how much money a person needs for retirement is a tricky one. Each person’s needs are slightly different, which can make for difficulty in deciding what a good amount is. There are also some things that you may not think about which may come up later on and cause trouble. One of the most difficult things to think about or discuss is health care. No one likes to talk about it because as we grow older, many things can happen with our health. We may be affected by a major illness, for example, or arrive at a … Continue reading →

Money in Your Golden Years

I once sat through a workshop sponsored by a company I used to work for where the guy in charge kept warning: “There are no do-overs when it comes to retirement planning.” He also added (in a very ominous tone) that if we messed up now we’d all be doomed to a life of penny-pinching in our golden years. Ah, memories of corporate America. Truth be told, the workshop leader’s scare tactics were quite effective. His advice was sound and bears considering regardless of whether you are self-employed or part of a multi-million dollar corporation. Retirement planning is important, as … Continue reading →

Wedding Cash

In a previous post, I discussed the benefits of gifting newlyweds with cold, hard cash. Regardless of one’s financial status, geography, age, gender or creed, you really can’t go wrong giving money as a wedding gift. However, there are some ways that are better than others to present your cash gift. For example, unless you are very close to the couple and are known for being a prankster, it is not recommended to place a wad of cash in a gigantic box filled with tissue paper. While it may be funny watching the recipient tear through a mound of tissue … Continue reading →

Cash is King

In the world of wedding gifts, cash is king. A new study reveals that cold, hard cash is the ultimate wedding present, and not just for the recipient. People giving money to a newlywed couple don’t have to worry about including a gift receipt. In addition, they don’t have to be concerned about it being the wrong color, size or worry about whether it will match the bride and groom’s style. Still, there are some challenges that come with gifting money as a wedding gift. At the top of the list is amount. There is a myth that a magic … Continue reading →

Saving Money on a New House

One of the easiest ways to save on a mortgage is by making a substantial down payment. The larger your down payment, the less you will have to pay on a monthly basis. In most cases, home buyers are required to cough up at least 20 percent of a home loan in order to avoid Private Mortgage Insurance. Whereas it would be wonderful if we could all put down 20 to 30 percent of our dream home’s total price, many potential buyers struggle to come up with even half that. Fortunately, for many first-time homebuyers, down payment assistance is available. … Continue reading →

Protecting Your Money

Yesterday I revealed my status as an identity theft survivor. My identity was ripped off nearly a decade ago, yet the sting is ever-present. A former colleague of mine was the perpetrator. Looking back, it was probably very easy for him to obtain access to my computer since we worked just a few cubicles down from each other. Hacking is just one of the ways thieves can gain access to your personal information and ultimately steal money from you. However, according to new reports, very few people realize that cybercrime is taking place, even after their sensitive information has been … Continue reading →

How Much Money Do You Make?

Knowing that some fast food chains are handing out $5,000 signing bonuses to employees made me jealous… ahem! I mean curious. Curious about how many non-glamorous professions make up the top tier of highest paying jobs in America. If you think actors, professional athletes, politicians and Wall Street wheelers and dealers comprise the top spots, you might be surprised. According to the U.S. Department of Labor, the professionals that raked in the most dough in 2010 were: 1. Anesthesiologists = $166,400+ 2. Internists = $166,400+ 3. OB/GYN = $166,400+ 4. Oral Surgeons = $166,400+ 5. Orthodontists = $166,400+ 6. General … Continue reading →

Giving Back

With the economy still in the dumpster, a record number of Americans searching for work, and people pinching pennies to make ends meet, it may be hard to fathom that there are individuals financially worse off than you. As the sun dips below the horizon on the last day of 2011, now is a good time to assess what you really have. In all likelihood you have an abundance of material possessions, some of which can help improve your financial situation. If you are in need of quick cash, go through your closets and garage and see what items you … Continue reading →