You don’t need me to tell you that this country is upside down right now. There has never been a more important time to think clearly and adapt to the current situation. With 40 million unemployed and another 10 million not seeking work, many are in a “financial” survival mode. One in three Americans have yet to receive their unemployment…read more →
On March 27th, President Trump signed the $2Trillion stimulus package for small business owners (sole proprietors or firms with fewer than 500 employees) to get two and a half months’ expenses in a lump-sum payout. The loan could possibly be forgiven depending on how you spend it. I’ve never seen a loan program option as good as the PPP! The…read more →
My mother Sharon and I have been enjoying and experimenting with iced coffee for many years now. During the CV pandemic, one must keep expenses under control while still enjoying life. Be Safe! Buy in bulk: 10 years ago iced coffee was half price vs hot coffee. Now it’s usually more expensive. Now that folks are hunkered down, it’s time…read more →
Now that we are in the first quarter of 2020 it’s easy to get off track from our goals. Follow these 6 tips and with a little time and effort your 2020 finances will be more organized and less stressful. Organize your paperwork: It’s hard to feel in control when you can’t find anything. Gather all papers, shred duplicates/old statements…read more →
Six out of ten American’s will make some type of financial-based new year’s resolution for 2020. Usually, there’s a triggering event like receiving your December 2020 credit card bill or spousal pressure to name two. Follow these tips; Consolidate Financial accounts: Close 1 or 2 existing financial accounts that you are not tracking or have insignificant monies in. This will…read more →
Last year people spent on average $1,000 per child for the holidays. Heed these tips to avoid out of control spending: JoinHoney.com: On your iPad, desktop or laptop click www.JoinHoney.com and add the extension. This extension (not for phones) automatically searches for the best price and attaches coupons, often cheaper than Amazon when you are checking out! Make a budget:…read more →
Not only is credit a key factor in securing loans, potential employers may review an applicant’s credit and it’s also used to determine auto and homeowners insurance rates you pay. Don’t close old accounts: While this may seem counterintuitive, closing a card may negatively impact your credit. It reduces your credit-to-debt ratio and credit history which lower scores. Ask for…read more →
For kids, shopping for new gear and supplies may be the coolest part of going back to school. This doesn’t mean you need to “break the bank”. Try these tips to save big money this year. 1. Make a list then check the house first: Go through all closets, utility drawers and storage areas first. You may already have many…read more →
Did you know that making small changes on a credit report and how you use your available credit lines can make BIG differences in your scores? Here are 10 things every consumer should know about credit: 1. Paid Tax Liens can be Removed Paid (Released or satisfied) federal tax liens can be deleted from a credit report and all other…read more →
Most children are now in the middle of the school year. Unfortunately, most schools don’t teach kids how to budget, spend or how to grasp the value of money. 1. Start early: A 2013 Cambridge U. study found that by the age of 7 (1st grade) most children grasped how money works and ‘core behaviors” they take into adulthood. Teach…read more →
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