Saving

The 14 Best Father’s Day Ideas That Rock!

The 14 Best Father’s Day Ideas That Rock!

By in Saving, Tips | 6 comments

The 14 Best Father’s Day Ideas, Gifts and Activities So much is made of Mom and Mother’s Day, and it seems like Dads get the short shrift. But, don’t forget about Dad, and make his day super with these best Father’s Day ideas, gifts and activities. Dad deserves the Best Father’s Day! We have our family roles clearly honed after decades of marriage and our daughter benefits from the uniqueness of Dad’s contribution to the family as much as she does mine. As El Carino is in the “helping field”, contrary to convention, he’s the emotional/feeling compass of the...

Read More

8 Financial Moves College Graduates Should Make Now

By in Debt, Guest Post, Money Management, Saving, Tips | 3 comments

Guest Columnist, Andrea Woroch The number of Americans receiving associate’s degrees, bachelor’s degrees or master’s degrees in 2016 totals over 3.5 million, a collective achievement worth celebrating. However, the dark cloud of student debt looms above the festivities this year, with the average debt amounting to just over $37,000 — a record high — according to recent reports. While the standard payback period for bachelor degree student loans is 10 years, the average person spends about two decades paying off their college debts due to lifestyle changes including marriage, children, home-ownership and more. To avoid becoming part of this...

Read More

Do You Really Need a Rolex?

By in Saving, Wealth | 20 comments

“Henceforth I ask not good fortune. I myself am good fortune.” Walt Whitman Walt Whitman would fit in well with the “simplicity-frugal movement” of today. And the famous Walden Pond, by Thoreau inspired me to appreciate the simplest pleasures in life. Both Whitman and Thoreau’s writing exude self possession, contentment, and the joy of living. This may sound a bit idealistic, but in the last reality, isn’t it really what most of us look for; wealth in life, not just money. Do You Really Need a Rolex, Sharlene? A friend of mine, Sharlene really wants a Rolex watch. The prices start in the range of $10,000. The one in...

Read More
5 Personal Finance Habits to Help You Achieve Financial Freedom

5 Personal Finance Habits to Help You Achieve Financial Freedom

By in Guest Post, Money Management, Personal Finance, Saving | 4 comments

Guest Contributor, Tina Roth Developing ‘good habits’ has become an industry. From Charles Duhigg of The Power of Habit to Gretchen Rubin’s, Better Than Before: What I Learned About Making and Breaking Habits–to Sleep More, Quit Sugar, Procrastinate Less, and Generally Build a Happier Life, creating good habits is important across the spectrum or our lives. This guest article will show you how a few simple habits, started early, can help you achieve financial freedom.   We don’t make our habits. Our habits make us. Getting rid of habits is a herculean task, or maybe it’s even more difficult because Hercules...

Read More
Best Way to Play the Lottery (You’re Not Going to Like it)

Best Way to Play the Lottery (You’re Not Going to Like it)

By in Automatic Saving, Personal Finance, Saving, Tips | 48 comments

Playing the Lottery and Investing The best way to play the lottery is using another approach. After all, aren’t you playing the lottery to get rich? Here’s a way to get rich with a greater probability of success than playing the lottery. If you are a lottery player, I want to help you. If you put $50 per month in the lottery over 10 years, you will have spent $6,000. According to Tara Siegel Bernard in a recent NY Times article, “Win a Lottery? Not Much Chance Of That your chances of hitting the jackpot are 1 in 175 million....

Read More
How to Get a Good Return on Your Cash – Without Too Much Risk

How to Get a Good Return on Your Cash – Without Too Much Risk

By in Bond, Saving | 8 comments

4 Strategies to Get a Good Return on Your Cash-In Spite of Low Interest Rates Are you frustrated trying to get a good return on your cash? Are you sick of meager interest payments on your savings?  Does it bother you to earn a 10 cent interest credit on your account? I remember the old days when you could get a good return on your cash. During the 1980’s savings rates were 8 to 10 percent. But along with those juicy returns was higher inflation. So even if we got an 8% return on our bank money market account, if inflation was 8%,...

Read More