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Is It Time To Call Mr. Handyman?

Like many of you, my home is filled with different types of small appliances. When something major goes kaput in our homes like the air conditioning, the refrigerator, or the stove, we don’t really think twice about the cost of calling a repairperson. Many of us had some type of mini refrigerator in our college dorm rooms or possibly our first apartment, and many homes today carry lots of small appliances, whether in tricked out basements or in the master bedroom. This past week, we had a mini refrigerator die on us and became confronted with this very simple question. Should we get someone here to fix it or just buy a new one? What do mere mortals like us who can’t play Tim The Toolman, nor do they want to on a Saturday afternoon, do to fix the problem? I haven’t written a blog post on this yet, but it has occurred to me that some serious analysis should ...

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Estate Tax To Stay At 3.5 Million?

Now that the elections are done, there are some really large looming financial questions that the new mix of Republicans and Democrats need to decide before the year ends.  As the band Rush wrote in one of their songs, “If you choose not to decide, you still have made a choice”.  It would be great to see some movement made on this estate tax issue so we don’t see some faux Billy Crystal actor throw momma from the train before the end of 2010. For those that don’t remember where the estate tax was at before 2010, in 2009 the exemption was 3.5 million with a 45% tax above the 3.5 million threshold.  For a couple, this meant roughly a 7 million dollar exemption.  With only 3 out of every 1,000 estates (source: www.wsj.com) having an estate above this 7 million dollar threshold, the level set in 2009 only affected a minute number of American citizens. Basically, there are three ...

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Who pays the bills: MEN or WOMEN?

The great debate has gone on for years.   Who really handles the money in the home.   Is it the man or the woman in the home who ends up taking care of the financial bills?  Fiserv and The Marketing Workshop recently surveyed 3,029 consumers about the subject of banking and on line bill paying to represent the 90.5 million consumers involved with online banking.   The survey found two astonishing statistics.   One, in 2000 bills by paper check was the majority method where in 2010 bills by paper check is less than one quarter of the primary method of paying bills.  Two, that Generation Y is propelling the future business of mobile banking and personal financial management tools. As an experienced professional and a founder of a financial advice and planning firm for Generation X and Generation Y, we know that the way households are run and business is done will transform over the next decade.   According to the Fiserv study, ...

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What did it cost a decade ago?

All I need is a bottle of Martini &  Rossi Spumante, a pack of batteries, and a can of coffee. That is what you may have heard if Steve Martin was doing his best impersonation as The Jerk telling you what cost you less than it a decade ago. ...

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