Tricks for Saving Money on a Date Without Looking Cheap

March 7, 2012
Tricks for Saving Money on a Date Without Looking Cheap

The last thing you want to do on a first date is hand over a coupon while paying the restaurant bill! The difference between being frugal and looking cheap is a fine line. Here’s how to stop frugality from ruining your dreams of life-long companionship. I must confess that Familyancial’s Charles’ comment on my Valentine’s Day post is the inspiration for this little gem of advice (If you are reading Charles, consider this a friendly intervention). One of my...

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Why It Is Time To Invest In Your Family

February 28, 2012
Why It Is Time To Invest In Your Family

Louise writes for MoneySupermarket, a price comparison site in the UK dedicated to saving households money. As she teaches her 2 year old daughter about money, she attempts to educate her 25 year old husband at the same time! Your family is one of the most important things in your life. You would do anything to take care of them and make sure that all their needs are met. But financial security now does not always translate into a...

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When Should You Rent and Not Buy?

February 20, 2012

From the proud parent renting tents for a child’s graduation party to the gentleman buying office chairs to furnish the company board room, almost anything can be rented these days. The trouble is that it isn’t always easy to know when renting is a good idea. Our optimism and expectations can get in the way of making the right decision. That’s why I like to think about the situations where renting makes sense before I make a purchase. Use...

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New Computer? Is There Computer Software that You Don’t Need to Buy?

February 20, 2012

Seven. That’s the number of computers I’ve bought over the last 15 years. Each shopping experience has been the same. I start out with a great deal on a computer and then I get to the part where I choose software. Yikes! Not only are software products expensive, there is always a challenging debate over what software I must have versus what is overkill. By the time I’m done picking and choosing the programs, that great deal on a...

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Smart Family Finance Mortgage Basics: Lifetime and Reverse Mortgages Explained

February 18, 2012

Given the recent housing crash, people tend to be suspicious of any mortgage that is considered unconventional. Although unconventional, lifetime mortgages are not a lending scam. For many seniors, a lifetime mortgage can be the right decision, given the right circumstances.  In fact, if you’ve come up short on savings and your social safety net is insufficient, you don’t have a lot of options to fund your retirement besides working longer. A lifetime mortgage might be your only recourse....

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Financial Reasons to Get Rid of Your Junk

February 17, 2012

Can I park my car in any of the three parking spaces in my garage? The answer is no and “stuff” is the reason. I’ll be brushing snow off my car in the morning as a result, but there is another reason to get rid of my junk. Holding onto items that you don’t use is also bad for your family’s finances. This summer, I’m going to get rid of all the junk that clutters my home. It’s easier...

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Four Ways to Save on Family Travel

February 15, 2012

Family vacations are a great way to get away and relax, but many families don’t travel as often as they’d like. Depending on the size of your family and the location of your favorite vacation destination, travel expenses can add up quickly. Here are four simple ways to get the most out of your travel budget Make travel plans in advance Many travel expenses, especially plane tickets and hotel rooms, become more expensive as the trip draws nearer. Plan...

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Having Your First Child? How Finances Change for New Parents

February 11, 2012
Having Your First Child? How Finances Change for New Parents

Everything changes when you have your first child. For one, you learn the true meaning of sleep deficit. You also learn how to accomplish any task with only one hand. While you can expect these changes, you’ll have to wait until after your newborn arrives before you can adapt. On the other hand, think of all the ways family finances change when having children. Suddenly you are thinking about college savings, day care or single income, tax changes, more...

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How to Predict the Financial Future and Never Be Wrong: Top Ten Personal Finance Blog Posts #5

February 8, 2012
How to Predict the Financial Future and Never Be Wrong: Top Ten Personal Finance Blog Posts #5

I’m feeling proud of myself today. Last month I went out on a limb, made a prediction about Valentine’s Day spending and a few days ago, I was proven right. As a magician of financial forecasting, I rarely let the audience read as I dissect the secrets of my prognostication sleight-of-hand. Today, I’m going to make an exception, but first you need to make a promise… ..While reading my secrets below, keep in mind that my methodology is not...

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What Financial Questions Should New Families be Asking?

February 7, 2012
What Financial Questions Should New Families be Asking?

It seems to me that young adults are getting pushed out of the nest later and later in life. The college decision after graduating high school has become, for many, a way to push back important financial decisions. However, once young adults morph into young family, those decisions can catch up with you. Think about all financial decisions you make in your twenties: What career will you go into? Are you going to grad school? How will you save...

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