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Some answers for Jennifer: Here's what the heck to do with your money
Fashion & Beauty editor Jennifer Romolini asks a universal question in her post, "What the heck should I do with my money?" So many of us have been there. After getting by on small sums in college, after starting our first jobs that deliver lots of good experience but little in the way of pay, suddenly we look up to realize we're earning decent money, and actually have the ability to save some of it.
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The irreverent and stylish Ms. Romolini has already done some very hard work when it comes to her money: She has paid off (mostly?) her credit card debt, which is really great. It's also the first thing anyone carrying credit card debt should do before considering ways to save because the amount you're paying at high interest to carry the debt wipes out any gains you could hope to make in a savings account. So, yay Jennifer.
Where does she go from here? Read More »- Let’s talk: Comment (10) | Blog
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Looking to save a few bucks? Don't cut these corners
With unemployment at the highest it's been in four years, you’ve probably considered a few creative ways to earn some extra cash. But some of your strategies may end up costing you more than you’re saving. When it comes to your long-term investments and health care, it may be best to leave them be or risk incurring massive penalties and possible mega-bills for unanticipated medical costs. In fact, if you’re scrutinizing your budget for clever ways to save, avoid these tempting mistakes. Read More »- Let’s talk: Comment (5) | Blog
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Women living longer, still saving less than men
As women, we give every day to everyone around us, but if we don't start giving to ourselves more we won't have enough money to take care of ourselves (let alone loved ones) into retirement.
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Now that's not groundbreaking news, but it's still worth writing about every time a new study emerges to show that women earn less, save less yet live longer than men. Read More »- Let’s talk: Comment (13) | Blog
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Starbucks to close 600 stores. Do you care?
Seems lots of us are taking the lose-the-latte-habit advice to save money to heart. Starbucks announced it is closing 600 stores beginning this year, including the 100 stores it already said it would close.
AFP via Yahoo! News
Ah, but we all need that break the corner Starbucks offers. To take a few minutes to forget about work and all the must-dos. That's what we're buying as we step into the air-conditioned neighborhood coffee house and order a drink made special just for us.
Would you miss your local Starbucks if it were to close, or would you save a ton of bucks or maybe pour them into another local business instead ? Or have you been swearing off the costly stuff for awhile now? Read More »- Let’s talk: Comment (44) | Blog
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6 summer 'staycation' ideas
New words seem to pop up overnight these days, but here's one that is resonating with lots of us this summer of the $4-plus gallon of gas: staycation. Lylah Alphonse writes about how her family has been ahead of the staycation curve, but more families will be looking to chill closer to home this summer. Half of U.S. travelers say high fuel prices will affect their travel plans this summer, but 52 percent say they will take half of their annual vacation during the summer, according to a TripAdvisor survey.
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Not to worry. There are lots of things to do close to most of our homes that can turn staying home into a great vacation. "Anyplace can be a vacation destination," says Pauline Frommer in this CNN segment. In the U.S., many of us are within two or three hours of some wonderful tourist destinations. Often less. So if you're planning a staycation this summer, start with these ideas: Read More »- Let’s talk: Comment (1) | Blog
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A true capitalist pig, with a fun side
Piggy banks don't have to be pink and they don't have to just sit there doing nothing until the day you no longer want them to save your pennies. This little piggy is black and doubles as a chalkboard -- maybe to write down inspirational words to remind you what you're saving for? And it's got a great name: the Capitalist Pig Chalkboard Piggy Bank. Leave it to Cool Hunting to hunt down such an unconventional savings vehicle at a time when savings are harder and harder to come by. And, yes, the chalk comes with. Four pieces. Read More »
via Cool Hunting
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6 phone calls to make to save money every month
For more than six years, Mary Yanni has been doing an amazing job making complicated money and economic matters understandable and easy on the eye with her Business 101 feature in New Jersey's largest newspaper, The Star-Ledger. Her latest Business 101, "How to Save Money with a Phone Call," tells us how we can pick up the phone and save a good sum of money just by making a few calls.
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At at time when everyone's monthly budget is taking a sizable hit from rising gas prices and hefty grocery bills, it's the kind of advice that can have help recoup some lost dollars quickly.
Read More »- Let’s talk: Comment (12) | Blog
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