Saturday, March 23

Financial Well-being

Want to improve your credit score? Want to cut your tax bills?  Like to tear up hundred dollar bills? (You're probably doing that). How about this:  want to wake up retired and without money?  Your Financial Well-being rules your life.  We put you in charge of the rules.


Strategies for Saving More

Why a Personal Savings Plan Is Important and Tips for Getting Started

savingsHow much Americans save—or don't save—has been in the news since the U.S. government's report of leading economic indicators indicated that in 2005 the U.S. personal savings rate reached zero and dipped into negative figures. The U.S. personal savings rate remained near zero or below it until the financial crisis hit. Recently, the savings rate has been rising. But even if the savings picture is a little rosier, commonsense says that as a nation of consumers we are probably not saving enough for a rainy day or more dire emergencies. And of course, there's the question of saving toward something important, such as a down payment for a home or a fund for higher education or retirement.

Read on...

Why Not Buy a Car on eBay or Another Online Auction Site?

alteBay has become the gorilla of vehicles sales virtually overnight—they've facilitated over four million vehicle sales since starting their program. What's not to like about that?

A lot of things. Before you head to the eBay site even just to poke around, think about this:

  • When you buy on eBay, you're typically buying "sight unseen."
  • You usually don't get to drive the vehicle.
  • You're typically buying from total strangers, and they are usually far away.

Read on...

Work-at-Home Schemes Target Your Hard-Earned Dollars

crafts-jewelryEarn $500 to $1000 weekly in your spare time!

Earn $150 an hour on your home computer!

Have you seen ads like these? Tempting "come-ons" for work-at-home "businesses" are everywhere. For years, they've appeared on utility poles, in classified ads in newspapers, magazines, and freebie papers, and in direct mail flyers. Now they are showing up in web ads and spam emails. Who wouldn't want to make a nice chunk of change for just a little work in their spare time? Have you been tempted?

Thousands of promoters of work-at-home schemes hope that you will be tempted—and that you will "act now" to send them a "few dollars" to find out more. But as the Federal Trade Commission (FTC) warns consumers, the only sure cash in these deals is usually the fees that consumers send to the promoters. The vast majority of work-at-home schemes promoted by such ads are misleading and most are also fraudulent.

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Do You Know Where Your Financial and Important Papers Are?

Do you know where your financial and important documents are? If you had to leave your home quickly, could you easily find them? If something happened to you, could someone else find all of your important papers? If you answered yes to all of these questions, congratulations, you are well organized. For the rest of us, this report profiles how to put your important records in order.

Which documents are important?

Documents that prove identity, ownership, insurance coverage, and other various legal documents are important and should be kept in a protected but accessible location. These documents include, but aren't limited to, the following:

Read on...

Options for Managing Your Student Loans

Another Financial Well-being report looks at ways to finance higher education and focuses on student loans. According to, the average student loan debt for a new graduate is over $25,000. Whether you're just starting to repay your loans, you've been paying off your student loans for a while, or you're a parent paying off student loans, this report looks at the options you have for managing repayment of your loans.

Your repayment options can vary depending upon the types of the loans—federal or private—you have, the amount you owe, and your financial situation. Consolidation of your loans isn't your only option.

Read on...