It's all well and good for financial experts to tout the wealth-building benefits of investing. But what if you don't have a hunk of cash to invest with? Surprise: You don't actually need a lot of money to save for the future; you just need to know how to get started. Here, what you should know about putting whatever money you have to work for you.
Bad with Money? Try this.
Your Bottom Line
Your first step on the investment path should be a retirement account, such as a 401(k) or IRA. Many employers offer 401(k)s, which allow you to automatically deduct money (pretax) from your paycheck to invest in the stock market. If your job doesn't offer a 401(k), open an IRA through a brokerage such as Fidelity Investments or Charles Schwab.
How much you need: You can put as little as 1 percent of your salary in a 401(k), but most financial experts recommend that you contribute at least 10 percent. Minimum investments for IRAs range from $200 to $2,000, but some firms, such as TIAA-CREF, don't
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It's all well and good for financial experts to tout the wealth-building benefits of investing. But what if you don't have a hunk of cash to invest with? Surprise: You don't actually need a lot of money to save for the future; you just need to know how to get started. Here, what you should know about putting whatever money you have to work for you.Read More »from The Poor Gal's Guide to Investing Money
Neurosurgery nurse Ashley Walling was exhausted and overwhelmed after giving birth to her son, Connor, with Down syndrome. Already mom to daughter Caroline, she couldn't image returning to work while also managing life at home, especially since her husband is a fireman with 24-hour shifts.Read More »from Can Your Job Make You a Better Mom?
By working out a schedule with her husband, leaning on her sister and mom for sporadic help, and adjusting her work days with her employer, Ashley was able to find a way to make it all work. It also turned out that getting back to work was just the therapy she needed. Here are 5 ways she made it work.
1. I get support from others.
I was scared to go to a support group after Connor was born. I didn't know what to expect. But it was a relief to find other moms of kids with Down syndrome who knew what I was going through; they helped take away my fear. Now, with the stress of Connor mainstreaming into a regular kindergarten, I'll have these moms to lean on again.
4 Keys to Building a Happy Family
According to Beth Kobliner, author of the New York Times best seller Get a Financial Life, nearly half of women suffer from what's called "bag-lady syndrome" - a none-too-PC term for the fear of finding yourself suddenly destitute. Women earn 77 cents for each dollar men earn and live, on average, five years longer than men do, so are more likely to find themselves with dwindling resources as they age. But believing that we're a few twists of fate away from becoming penniless is as self-defeating as believing that some Prince Charming will come to our financial rescue. And the danger of financial fantasizing - and catastrophizing - is that it's an easy excuse to assume everything's out of our control, and simply be "bad with money." But there is a lot you can do to plan for the future. And it's not that hard. Or scary.Read More »from Conquer Your "Bag-Lady" Fears in Three Steps
Trick yourself into saving money
Here are three key steps you need to take now:
1. Build an emergency fund
A recent poll found that 61 percent of people don't have a
- Redbook | Fashion – Fri, Apr 16, 2010 8:36 PM EDT
Should my feet really be that smelly? And what's with the beard I seem to be growing? We asked professionals about our biggest beauty insecurities. And got answers.Read More »from You've Got Embarrassing Beauty Questions. We've Got Answers.
The quick solution for camoflaging your blemishes
What causes foot odor?
When normal bacteria on your feet interact with moisture trapped in your socks and shoes, the result is stinky byproducts, says Doris J. Day, M.D., an assistant professor of dermatology at New York University.
The fix: Wear absorbent cotton socks with shoes made from breathable materials, like canvas and leather, and sprinkle Zeasorb (an over-the-counter drying powder) into your shoes every morning. It's also important to slough off dead skin and keep your feet hydrated.
Even stars get embarrassed. See what happened to Jada Pinkett Smith.
Why does my breath smell despite brushing?
Although brushing will help prevent cavities, it can only mask bad breath, since the problem really lies within your throat and tongue. When the bacteria in your mouth
If you still haven't been convinced to jump on the "go green" bandwagon, a little persuasion in the form of another green - like dollar bills - just might do the trick. We've discovered a few painless ways to take on eco-friendly habits, but we're not asking you to shell out cash. Instead, you could actually find more of it in your bank account. Here are a few of our favorites, but you can check out all our painless ways to save the planet here.
- Invest in a programmable thermostat. Using one can save $150 a year on energy costs. Or simply set your thermostat 1 degree higher for air-conditioning and 1 degree lower for heating. You won't feel the difference - but you will notice a lower utility bill.
- Set your wash cycle to cold. Environmental advocates say a cold wash will clean your laundry just as well as a hot one - and you'll save up to $63 a year.
- "Switch to CFLs (Compact Florescent Bulbs), unplug computers, and turn out lights when leaving the room: That reduces
Read More »from The Surprising Benefits of Stress
Although relaxation ought to be, um, relaxing, stress management has somehow become yet another pressing item on our to-do lists. We're made to feel like failures if we can't live in a state of balance. But stress is good. Great, even. The discomfort of stress is a sign that you are tackling life's problems head-on. Stress also improves productivity and performance - at work, at the gym - and your body will be stronger if you alternate periods of calm and heart-pounding excitement.
Are you as healthy as you think?
If you want a pretty healthy life, your goal is not to completely avoid stress and lounge in your pj's all day. Not only is the couch-potato life boring, it's a classic sign of clinical depression. Your goal is to bring on a reasonable amount of challenge and excitement - and amass a repertoire of strategies to keep you from being overwhelmed when life throws you a few too many curveballs.
How much sleep do you really need?
Once stress reaches a certain level, however,
Is there such a thing as too much sex with your significant other? Our guy columnist, Aaron Traister, certainly doesn't think so, but his wife has a different opinion. Here, he shares a few of his tactics to get her into bed and why he's still itching for more sex with his wife.Read More »from Sneaky Tricks Husbands Use to Get You Into Bed
1. Request and deny
I find the absolute most inappropriate time to ask for sex and then I immediately deny that I just asked for it. For instance, my wife is getting frustrated, breaking in a new breast pump that looks more like something that belongs in a barn than in our house. However, my fancy has somehow been tickled, and I decide that now would be a good time to suggest a romp in the unfolded pile of laundry on the floor. She looks at me incredulously and says with venom, "Are you serious?! What the [bleep] is wrong with you?" At which point I respond, "What? I didn't mean... I meant, uh, you must've misheard me." And then I run away.
Request and deny works only when she finds my request bizarre enough
We all know those people, the Parenting Peanut Gallery, strangers and friends who are "experts" in parenting, and as such quick to give a meddlesome opinion, a disapproving eye, or an outright countermand.Read More »from Are You a Good Mother?
While these digs don't leave visible scarring, they can undercut your natural mothering instincts and leave you plain old fighting mad. "There is no shortage of people ready to pick apart your parenting skills," says Michele Borba, author of 12 Simple Secrets Real Moms Know. "It can be hurtful, but when you let them shake your confidence in who you are as a mom, that's when the real damage is done."
Learn how to unspoil your child.
The secret to being a great mother is believing in yourself. And one of the best ways to do that is to silence that Parenting Peanut Gallery, once and for all. Here's how:
Stand up for yourself.
Address criticism as soon as it happens, so you don't hold in your anger and let it fester. "We women spend a lot of time questioning whether something should
It is a question every mom asks as she stares into her baby's big eyes: What the heck is he thinking about? Milk? Ducklings? Nothing? Turns out, your baby's brain is working harder than we ever imagined, says Alison Gopnik, Ph.D., author of The Philosophical Baby. "Until about 20 years ago, scientists thought babies were egocentric and illogical," Gopnik says, "but we are discovering that, in many respects, babies and toddlers know more, learn more, and experience even more than adults!"Read More »from What Do Babies Think About?
Bet you don't know these three parenting rules
Here, some of her fascinating findings:
Baby's got your number early on.
The conventional wisdom was that kids couldn't understand how other people's minds worked until they were 7, but new studies show they're figuring it out by 7 months. "Even young babies know that people have desires and goals," Gopnik says. "When your baby sees you reach for an object, he gets that you want to grab it."
Learn how to raise a healthy eater
Your toddler knows there
Did you ever think dropping 5 pounds could be as easy as finding a bra that actually fits your body? Not only can a wrong bra be uncomfortable, but it makes you look heavier. When your breasts are lifted to where they actually belong, your entire body looks slimmer. Susan Nethero, owner and founder of Intimacy boutiques, has tips that will help you get the perfect fit.Read More »from Find the Right Bra, Lose 5 Pounds
Scenario: Lisa was wearing a 34B, but she's really a 32A. Susan says: "You're underfilling your bra if you see puckering in the cup. It helps to think of your bra like a seesaw: If the band is too loose and rides up in the back, the girls will sag. If it is level all the way around or lower, they'll be lifted."
Tip: Adding a little volume to your bust is as simple as using a bump-up pad.
Try... "Isabella" all-over lace bra, Le Mystere, $82; bloomingdales.com. "Every time the band gets bigger, the cup size gets an inch deeper. So a 36C is a bigger band and cup than a 34C."
Check Out Our Bra Recommendations Here