Our appliances started malfunctioning early this year.  Our microwave stopped working, the fridge water line was leaking, our clothes dryer wasn’t working properly, and the pump in our standalone icemaker stopped working.  Indeed, we had a lot of issues with our appliances and the affected products spanned 3 different brands of products (GE Café, Kenmore and [...]

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Looking for a new set of wheels? Buying brand-new can be a punch in the pocketbook, since a car depreciates around ten percent as soon as you drive it off the lot and about a quarter of its original value after two years. However, used cars worry some wary customers. Is the previous owner knowledgeable [...]

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Quick Returns for Your Money

by on August 4, 2014

Have you ever gotten impatient with your investments and wanted to get some immediate results?  Or maybe you’ve set aside some money into a slush fund that you’d like to speculate with?  Whatever the case, every now and then there comes a time when speculating with your money seems like the right thing to do.  [...]

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A frugal lifestyle isn’t just about trying to cut corners to save a few dollars. It’s a complete rewiring of your mindset when it comes to consumerism. The big things to strive for when adopting a frugal lifestyle include: Using diligence to research with the companies you buy from Understanding the lifetime value of a [...]

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Most people don’t plan on getting in debt, and nobody plans on getting in so much debt that they can no longer handle their payments.  However, life happens and between our bad choices, our rationalization of choosing debt, bad luck, and unforeseen circumstances, many of us find ourselves in more debt than we know what [...]

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Each year, you may file your tax return with confidence. As an honest person, you may do everything possible to ensure the accuracy of your return. This reduces the likelihood of an issue with the federal or state government. But even if you believe that you’ve done everything correctly, issues can arise. If you work [...]

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5 Creative Ideas for Making Money

by on February 17, 2014

There are lots of ways to make quick money, especially if you’re creative.  Here are five ideas you may want to consider next time you’re looking to make a quick buck. Sell Your Services You can sell your services easier than you think.  And by services, you don’t have to be a professional at anything.  [...]

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Apps To Help You Manage Finances

by on February 3, 2014

With mobile apps for everything from games, to ghostbusting, to watermelon ripeness testing, anyone with a smartphone can do anything with it. Managing finances used to mean sitting at a desk in a home office surrounded by filing cabinets. Now the tech-savvy (and the rest of us) can manage financial matters anywhere and access financial [...]

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Make Some Money For a Rainy Day

by on October 17, 2013

Would you like to make some money in your spare time?  Money for a rainy day?  Money for a special treat?  Or money used to buy gifts (like me)?  Let me tell you about one of the ways that I make a little extra money each year. First of all, I’ll be real honest here and not try to [...]

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If you’re buying a house, furniture and decorations may top your list of things to pick up from the store. But although these items are important in creating a nice cozy feel, these aren’t the only things to worry about when purchasing a new place. Important actions must be made to ensure that you are financially [...]

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Double Your Retirement Savings by Investing Early

October 3, 2013

“If you would be wealthy, think of saving as well as getting.” –  Ben Franklin Most 20-somethings are considering the future, but aren’t necessarily planning for retirement. Young people are preoccupied with the now, because there’s a lot of pressing matters. Figuring out where to live and what can be afforded takes precedence over retirement [...]

How to Research a Stock Before You Invest

September 24, 2013

Being employed as a stock research analyst taught me a thing or two about what it takes to find a good stock to invest in.  It taught me that while many companies’ stocks look cheap or attractive on paper, they are usually cheap for a reason.  If you’re willing to research the company of the stock you want to invest in before [...]

Sole Proprietor vs LLC vs Incorporating Your Small Business

September 20, 2013

Depending on the type of small business you have, you’ve probably wondered a few times about the best way to set up the corporate and tax structure.  To simplify, the three choices are to run your small business as a sole proprietor, an LLC, or Incorporate your business as an S or C corporation.  Each [...]

Follow the ABCs of Personal Finance

September 19, 2013

Personal finance covers a broad range of topics from the act of making money to budgeting, and onward to saving and debt reduction. Money is an interesting topic because it’s something we all come in contact with on a daily basis; it’s often both the solution and cause of our problems. Those who understand how [...]

6 Need to Knows Before You Close on Your Home

September 17, 2013

You think you’ve found the house of your dreams! It’s an incredible feeling, but it will wear off the day you move in. That’s when you notice that the paint is chipping from the outside, there is a crack in the foundation of the back yard, or your insurance rate was higher than expected. Those [...]

Are You Middle Class? Do You Feel Like It?

September 17, 2013

When it comes to classifying people there are three classes – upper class, middle class and lower class.  To start with, I’ll admit that it is ridiculous to put all of the country and world’s population into these three classifications, but let’s face it, it is done all the time.  The real question I pose in [...]

The Importance of Managing Your Small Business Inventory

August 21, 2013

Most small business owners don’t focus on inventory management.  Part of the reason they don’t is because most small business owners don’t have the time and resources to devote to inventory management.  Many are stretched too thin or focus on top line sales growth. For a small business to thrive, it is important to focus [...]

Save Water to Cut on your Water Bills

August 16, 2013

Yes, water is cheap, people mostly take the importance for granted thus resulting for the majority to end up wasting in close proximity to $1000/year on something that is basically free. Saving on water not only reduces energy costs, but importantly lessens your monthly water bill and helps our environment and the future. Here are [...]

It’s Time to Prepare for Next Year’s Taxes

July 29, 2013

It’s true that the years is only half over and you only filed taxes a few months ago.  But believe it or not, it’s already time to start planning and preparing for next year’s tax preparations.  The biggest mistake that most people make is waiting until the year is over to start their tax preparations.  By doing [...]

Financial Advice You Can Get For Free

July 26, 2013

Because there are so many people trying to give you advice. And because every situation is different.  And because rules of thumb do not apply to everyone equally. The best way to get financial advice is to do it yourself.  Make your own decisions.  You don’t have to rely on a financial advisor to improve [...]

How Much Money Do You Need to Be Rich?

July 23, 2013

Yesterday I read an article on CNBC’s website that spelled out exactly how much money it takes to be rich. Before I share how much money they think it takes to be rich, take a minute and think about what it would take to make you feel rich. For my kids, it would probably be [...]

Are Frequent Flier Miles and Credit Card Rewards Valuable?

June 27, 2013

You have likely seen TV and online ads from credit card companies touting their rewards programs. These ads highlight frequent flier miles, cash back on specific purchases and rewards for consumers who spend considerable amounts of money. A rewards card seems attractive on first blush as many people use their credit cards for big-ticket purchases [...]

Hiring Low Cost Employees for Your Small Business

June 7, 2013

For the millions of us that run a small business, hiring an employee can be a daunting and intimidating task.  Most businesses start by a sole proprietor or a small group of friends, and at some point the work just gets to be too much.  If you’ve gotten to that point and are ready to [...]

Easing Kids into Money Management

June 4, 2013

Kids learn their behaviors by observing adults and learning lessons from their parents. As a parent, you should not rely on school or media to teach your kids about money management. School districts are focused on test areas like reading and science rather than a practical skill like handling finances. Media examples through television, the [...]

How to Break Bad Spending Habits

May 13, 2013

A common problem for every consumer is figuring out how to break bad habits. We all make purchases that empty our wallets and make us scratch our heads down the road. The biggest issue with resolving bad spending habits is the all-or-nothing approach often given in advice columns. You need not live like a hermit [...]

Getting Financial Help Through Bankruptcy

April 25, 2013

Financial help is something almost every person needs once or twice in their lifetime.  If you’re lucky, the type of help you’ll need will be finding money to finish college or a family loan to help you buy your first home.  Unfortunately, for many people, financial woes get much worse, often ending in bankruptcy. While [...]

Should You Incorporate Your Small Business?

April 1, 2013

Most small businesses are run as sole proprietors.  That is the way I have been running my blogs and Internet related businesses for the past ten years.  However, I recently asked myself if it would make sense to incorporate my small business. When deciding on whether or not to incorporate, it obviously makes sense to [...]

Warren Buffet The Hypocrite – The Truth About His Taxes

March 20, 2013

I saw another quote today about how Warrent Buffet is complaining that his secretary pays a higher tax rate than he does.  Enough with all the bullcrap Warren!  I am seriously sick about hearing you compain that you don’t pay enough taxes, and that everyone should pay more taxes and entrust their money to the [...]

How Men Can Save Money Dressing for Work

March 12, 2013

I have a friend who goes to the most expensive department store and spends a fortune buying clothes.  Specifically, he goes to the front of the men’s department and picks the clothes that are on display.  He is an engineer and works for a rather cheap company that is full of cheap dressers.  He is [...]

Customer Loyalty Cards: Are you really getting what you think you’re getting?

March 4, 2013

How many loyalty cards do you carry? What motivates you to sign up for these programs? According to a 2004 poll conducted by Boston University’s College of Communication, 86 percent of American shoppers use some form of store card or discount card. Grocers and retailers offer cash back, rewards points, special offers and other bonuses. [...]