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Save $1,000 On Your Cell Phone Bill?

How is it possible that such a simple device like our mobile phone has become so complicated?  I can remember back in 1991 when I had my first cell phone (that I couldn’t even detach) installed into my beautiful Dodge Shadow.   A phone was used pretty simply to make a phone call.  Today, we’ve got texting, calling, messaging, games, and thousands of applications with the electronic wallet not too far behind.    This means as the CEO of your family finances, you’ve got to more closely assess the cost of doing business with your mobile phone choice and your provider.  It’s important that you proactively seek out how to keep your bill lower as your mobile phone provider won’t be calling you with a discount on the bill.  Here are five ways you can control the costs on your family cell phone bill, and maybe even save as much as a $1,000 in the process. 1)  AVOID CONTRACTS! BUY A CONTRACT-FREE PHONE:   ...

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The Key Differences Between Index Funds & Traditional Mutual Funds

Kalen Smith writes about investing, retirement, and economic policy on Money Crashers Personal Finance. For the sake of convenience, many investors do not look to manage their own portfolios or choose their own investments. Investors who don’t want to take the time to manage their own portfolios may be interested in purchasing shares in either an actively managed mutual fund or in an index fund. Although both types of funds seek to make things easier for investors, they have different objectives that may make one more appropriate than the other for certain investors. Differences Between Index Funds & Actively Managed Mutual Funds An index fund is set up to match the performance of a particular index, such as the S&P 500. The fund accomplishes this by simply purchasing the same investments in the index it represents, and since the securities in many indices stay relatively constant, there is no need for frequent buying and selling of index fund holdings. An ...

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The New Rule: Field Goal Bill Paying

Nobody likes paying bills.   Not longer than a few years ago, most people met the end of the month with the dreaded feeling of writing out checks and licking the back of envelopes—UGH!.   Over the past five years, many people in the United States have transitioned their bills from the check stuffing days to now merely having to fill in an amount and simply point and click.   With some providers sending you an e-bill alert now, you may not even have to remember when to pay the bill. I’ve learned over the past couple of years that the next generation of bill payers (your Generation X and Generation Y crowd) uses something that I like to call the Field Goal Rule when it comes to deciding whether or not to click the ‘pay now’ button.   Here’s how the rule works.   When a particular bill comes such as cable television, cell phone, or local water bill comes, a bill payer has ...

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