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Review Category : Featured Articles

Wedding Bliss On A Budget

When thinking about what topic to write on for my blog post this week, I decided to write about something that I personally learned a lot about this year: weddings. My husband & I got married in April and it was an eye opening experience. Of course I knew the cost of weddings were increasing at an exponential rate, but I had no idea how to navigate these treacherous waters and ensure we made it on the other side without incurring debt. Here are a few tips I learned for my own wedding that will hopefully help you along the way: Venue: Admittedly, I lack creativity and patience. For me, it made sense to go for an all inclusive venue to cut down on stress. However, if you are better at this than I am, look for a venue that will let you express your creative side and make your own decorations. You can also shop around prices for your ...

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Is it Time to Dodge the Draft?

No, you are not going to have to avoid a Government draft. But with winter coming, you might want to do somethings about that drafty house.  Some simple inexpensive projects could save you up to 18% on your energy bills this winter.  Here are four projects you should look at doing. Durable Weather Stripping.  Take a look at your exterior doors.  If you can slide a piece of paper between the door and the frame, then you are probably losing energy.  Bronze strips bought at your local hardware store are about $20 and easy to install on your own. Insulate the Attic Hatch.  If you have the traditional pull-down ladders to get to your attic, you will notice that was not build with any regard to energy saving.  A supper easy fix is to get an attic tent.  This is exactly like it sounds.  It is insulated fabric that you staple to the attic floor over the latter hatch.  It ...

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Why I Kicked My College Graduate Out of the House

When my oldest child was about to graduate from college earlier this year, I made a strategic decision: We were going to kick her out of the house and get her living on her own. Do you think I am a bad parent? Or, am I taking the steps that more parents should today–getting their children to be responsible for their own finances despite the inevitable struggles? When my daughter graduated in May, my wife and I gave her a specific deadline: By the end of the summer, find a job, find an apartment, and find out exactly what your monthly expenses will be when you are living on your own.   Even though we’ve done well enough that we could have given her a bunch of cash or let her stay at home for a couple of years to build up a nest egg, my wife and I agreed that this was the best option for her. And it’s the ...

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Green Eggs and Van

When my son was a small child, he loved when I would read him Dr. Seuss books.  Stories like ‘Oh the Things you can Think’, or ‘To think I saw it on Mulberry Street’ were some of his favorites.   Maybe it was the funny stories.  Or maybe it was the made-up words.  But he kept asking me to read them again and again.  What he did not realize was that he was learning some important lessons about money, math and being an entrepreneur from the books.  Here are a few of the Dr Seuss lessons that I love. ‘Horton Hears a Who’ has great lessons for business owners, who can find it a challenge to delegate work.  Entrepreneurs realize that there are no small rolls in a company.  And successful companies need good leadership and management. “A person’s a person, no matter how small”.  My favorite point in the book is where the smallest suggestion can be transformed into something ...

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Do this with your 401(k) as the market tanks

There’s one market correlation you can count on: When the markets plummet, calls to 401(k) plan providers go up. If you’re like a lot of people, you’re also reaching for the phone — or just looking for reassurance that your nest egg will still be OK. Read full article here: https://www.cnbc.com/2019/08/05/what-experts-say-you-should-do-with-your-401k-as-the-market-tanks.html ...

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What Insurance Moves Do I Make With Hurricane Florence?

With another major hurricane hitting the east cost over the past week, torrential downpour and flooding, and more than 1,000,000 without power, the questions will be coming soon on what to do insurance wise regarding hurricane Florence.  When any of our homes have floods, it can be difficult to know where to begin no matter what the size of your home.  However, make the wrong financial moves could penalize you severely and limit your ability to get back money that can help you get back on your feet.  Here are four insurance moves to make right now from hurricane Florence. Read Your Homeowner’s Policy – This sounds like such a simple thing, but I’m never surprised about what people learn when they finally read the insurance policy that they have bought and owned for years. You would think that hurricane Harvey and Irma that devastates several parts of the United States would have made people wiser, but it isn’t really ...

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Why This Tech Bubble Isn’t Like The Last Tech Bubble

It has been 18 years since the ‘dot-com’ bubble happened in 2000, and many people are wondering when Ctrl + Alt + Delete button might get clicked again in their portfolio.  As the NASDAQ gently clipped the 8,000 mark this past week, there have been many articles discussing that equities are ending their run especially in the arena of technology.   However, today’s technology run is far different than that of 20 years ago when the NASDAQ traded at triple-digit P/E ratios and anything with a dot-com after it and a pulse would have significant valuation in the marketplace. Here were the top 10 holdings back in 2000 in the NASDAQ Today, the top 10 holdings in NASDAQ include the following: Apple, Amazon, Microsoft, Google, Facebook, Cisco, Intel, Comcast, PepsiCo, and Netflix. So, why is this tech bubble so much different than the tech bubble from almost 20 years ago? Dividends – Companies have lots of choices on what to do ...

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Five Important Money Questions To Ask Your Parents

Almost ten years ago, I wrote an original article about important money questions to ask your parents.  As family units become more complex and brothers and sisters get stretched out across America, there are crucial money questions you want to ask your parents to make sure that their overall financial affairs are in order.   There is never a great time to have this conversation, but in light of the recent death of Aretha Franklin and her not having a will it could present the opportunity to open the door to these money questions. You might want to open this conversation by saying, “Mom (and/or) Dad, when the news came up about Aretha Franklin not having a will, it made me wonder whether you had all put a will together and some other questions started running through my mind.”  This is a great jar opener to the five important money questions. Do You Have A Will? The funny thing is that ...

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The New Way To Pay For College Debt

If there isn’t enough pressure for kids to get into college today, the pressure is mounting on the pressure for kids to pay off their college debt.  With student debt obligations now surpassing credit card obligations with more than 1.4 trillion dollars in outstanding debt, the question is looming about when this bubble is going to burst.  Millions of students are in default of their loans and the reality of this amounting hill of debt is limiting the new generations from buying homes and starting families. With all of this mounting concern, colleges may have found a new way to help students deal with the rising cost of college. It’s called the Income Sharing Arrangement, and it appears that venture debt has just hit the world of college education. Here’s a little big of background on the ISA, and even large schools like Purdue University have the Back A Boiler program where they say “It’s not a loan. You’re not ...

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