What’s the one thing that every person knows about their finances? There’s never enough money. Beyond that, Laura Cole, University of Tennessee Masters Investment Learning Center director, said most people don’t know the specifics of how their paycheck is spent. And even if they do have their finances perfectly organized, Cole said many times folks […]
Category: Personal Finance
Frontier Airlines to start offering service out of Portland jetport
The discount carrier will have flights to Denver, Raleigh-Durham, North Carolina, and Orlando, Florida, beginning this summer. Low-fare carrier Frontier Airlines plans to begin service this summer out of the Portland International Jetport, with flights from Portland to Denver, Raleigh-Durham, North Carolina, and Orlando, Florida. The airline announced Wednesday that flights to Denver and Raleigh-Durham […]
Stop Wasting Money and Finally Start a Budget
Diets and budgets have one important thing in common: The best one is the one you’ll stick with. And that’s pretty much it! There’s really no wrong way to make and maintain a budget as long as you’re tracking your spending versus your income and accounting for where every dollar goes. It’s a simple idea, […]
TOP TIPS FOR MANAGING PERSONAL FINANCES
Taking control of your financial future is important whatever your age. Thinking about saving for the future early is ideal for getting the most of your money at retirement. Planning and budgeting also gives you insight into where your money goes and helps you to change spending habits for the better. If you have debt, […]
What to do with a windfall
We all dream of that phone call announcing that we’ve won a large sum of money or inherited a small fortune from a distant relative, but do we really know what we would do with our unexpected windfall? Although we may be tempted go on the shopping spree of a lifetime, the smart thing would […]
Tax Shelters 101
When people think of tax shelters, they sometimes think of Swiss bank accounts, shady overseas investments, or fraudulent or questionable activities by wealthy but unscrupulous businessmen. That is an unfair characterization. The TurboTax website sums it up nicely – “A tax shelter is any legal strategy (that) you employ to reduce the amount of income […]
3 Reasons Not to File for Social Security at Full Retirement Age
Countless seniors today depend on Social Security to pay the bills in retirement. If you’re still working but are getting close to that stage of life, it’s important to develop a filing strategy that helps you make the most of those benefits. Now, as you may or may not be aware, your Social Security benefits […]
Many Americans Try Retirement, Then Change Their Minds
Sue Ellen King had circled her retirement date on the calendar: March 8, 2015. She had worked as a critical care nurse and nursing educator at University of Florida Health (UF Health) in Jacksonville, Fla., for 38 years; co-workers joked that she was there when the hospital’s foundation was laid, which happened to be true. […]
6 Lessons From the First Year of Retirement
Once you get through the first year of retirement, you probably think you can coast for the next 30 years. That’s not necessarily true. This is not the time to get comfortable. Things are never that simple in retirement. As you head into year two, it’s the perfect time to assess what you’re doing right […]
3 Practical Tips for Eating Organically on a Budget
Whether or not organic food is better for you is a hotly debated subject. Is the extra money we spend actually worth it? The general consensus seems to be, essentially, “Yes, but only sometimes.” We spoke to a few experts to see how you can best work organic into your budget without spending a fortune. […]
3 Ways You Can Save Your Budget From Drunken Spending
After a night of $1 beers at a New Orleans-themed restaurant, Jim Jacobs went home and got on his laptop. “I booked airfare that night for a guys’ trip to New Orleans,” said the Philadelphia resident. What Jacobs didn’t think about was the fact that he’d just gotten laid off from his job. “It was […]
Six misleading refurb tips that won’t save you cash
Including why you should you tell a builder, architect or designer how much you have to spend hen it comes to budgeting for a home renovation there’s a lot of “expert advice” available to guide you on how best to save or spend the money you have. But a lot of it is conflicting, so […]