Ten minutes isn’t really a very long time. It’s less time than it takes to play a quarter in a pro football game. You can listen to 2½ songs on the radio in 10 minutes. It’s even less time than it takes you to read your daily e-mails. In other words, it’s just a few minutes, but oh how great it is to have such an opportunity to increase your productivity, save money, build relationships, and move forward in that brief time period.
If you try some of these ideas, I think you’ll agree that these 10 minutes could wind up being the most productive 10 minutes of the day, starting today! Continue reading
I have worked for several large banks in my lifetime, and frankly, I have always wondered why people go to the bank. Since the early 1990’s, most people have had many options to save, get, borrow, or invest their money without setting foot inside a brick-and-mortar bank.
Some of those options include ATM’s for quick cash and deposits. Online banking for virtually everything else you need including investments, loans, and opening/closing accounts. Telephone banking with toll-free numbers which allow banking for all the same needs and wants. Direct deposits for your paychecks and social security benefits. And now, there are smartphone apps that enable you to do it all, even taking a photo of your checks and depositing them from wherever you may be at the moment. Continue reading
When you’re trying to grow your wealth, you can work on reducing your expenses, increasing your income, or best of all, both. In the quest for greater income, you may be one of the millions of Americans looking for a new job or trying to move up in the company you currently work for. Others are freelancing or starting their own businesses, and meeting with potential clients. Whether it’s a job interview or a meeting with a potential client, there are some key things you can do to improve your fortunes.
I spent many years hiring people from both outside the companies I worked for and within the ranks of employees trying to work their way up the corporate ladder, and I can tell you that there are several ways to stand out and get that job you really want. Continue reading
So many of us nowadays are taking prescription drugs and the cost of them seems to be ever increasing. With that being said, there are ways to save some money and still get the medication you need in the right dosages. One way is called pill splitting and it’s being done every day by some regular prescription users all around the country, including my wife and me.
The reason this is such a good idea is pretty simple. The cost of drugs generally doesn’t change by its dosage. Continue reading
I regularly preach that everyone should use their loyalty cards, clip coupons, and shop all the sales in order to save their hard-earned bucks. You don’t have to become an extreme couponer or spend countless hours sifting through circulars, but if you pay attention and give it a bit of forethought, you can save a bundle when you shop. I thought today I might brag a little bit about my successes while doing some routine shopping errands with my wife. I hope you will pick up the vibe here when I show you how with very little effort, I was able to save nearly 80% on my purchases, and keep $171.07 in my pocket!
The first thing we did was to make a list of stores where we planned to shop, and what route to take that would be most efficient in terms of saving time and gas money. First we’d head to the gas station to fill up, then a stop at Casual Male to use my free birthday money, next a trip over to Lane Bryant for my wife to use her bonus coupons and free rewards dollars, a quick stop at Harmon Discount for some health and beauty items, and finally a stop at the supermarket to get some advertised bargain OJ. Now, let me show you our savings! Continue reading
Poems, songs, and proverbs have been written about time over the centuries. We talk about time every day, whether we are “saving” it, “spending” it, being “on time”, having “time off” or measuring it in some other way. After all is said and done, time is the only thing we all share and we never know exactly how much of it we will have in the end. The very last thing we should do is waste our time. It’s that important and precious, isn’t it?
In this blog I have written about some “time savers” over the past year or so. Today, I want to talk about the importance of time in a few of the ways that affect you, your family, and your finances. Continue reading
I know that I post most all the time about saving your money and scrimping each day to accumulate wealth and financial health and yada, yada, yada. But if truth be told, I do have some flaws in my game and yes, I do enjoy a bit of frivolous fun and entertainment that may actually sound as if I’m willing to throw some good money away.
Well, not exactly. I believe if I’m pretty careful, and I give it some serious thought and restraint, that every once in a while I can “entertain” the thought of going to a casino and having some fun without blowing my finances and risking my future! In fact, I can sometimes turn that occasion into a free trip with no expenses and even come home ahead. Although not a certainty, the opportunity to get “comped” is a tough one to pass up and every so often it works out that way.
Getting comped, for those of you not familiar, is receiving free credits to gamble (slot dollars or table play), free meals, free hotel rooms, free entertainment, free gifts, and/or free parking all because you have spent a period of time gambling in the casino. Continue reading
Here where I live in New Jersey, we have the highest real estate taxes in the United States (and probably the universe as well!) with a whopping average of $3,971 per year. Now that we’re closing in on a new fiscal year in my town, and my first quarterly tax payment is due on August 1st, I am reminded again that many of us simply accept the tax evaluations we receive from our local assessor and pay up without really knowing what can be done. In fact, if there has been some kind of error made or even if you just need a further explanation as to how the assessment was calculated, there’s a lot you can do.
It matters not whether you pay your taxes through an escrow account (which I don’t recommend if you have that choice) or you do as I do and pay them directly to your local office, you still have the right to challenge your assessment and you may in fact have good reasons to do exactly that! Continue reading
It’s July and Americans are getting ready to celebrate Independence Day on July 4th! It’s a day with fireworks, great food, and gathering your loved ones together to appreciate all the good things we have here in the US and pay homage to it. Despite the headlines, we still know that this is the land of opportunity and we feel lucky to be a part of it. And so we celebrate our country’s independence. But have you ever thought about celebrating your financial independence day?
Financial independence (or FI as it’s known) isn’t a dollar amount you accumulate but rather a date that you have or will set for your financial freedom. Most of us think of it as a retirement date, simply because it will take some time to reach the goals for your independence. For some people it can come early in life, just ask Bill Gates or Mark Zuckerberg. But for the rest of us, it’s a longer term goal and we get to it with good plans and habits. It’s what we want and look forward to, isn’t it? So let’s plan it right now: your financial independence day can come before retirement! Continue reading
A few weeks ago, in my roadmap to happiness, I mentioned knowing what is enough for you. In our consumer society, we always seem to want more and have a difficult time “settling” for what we already have. But having gratitude that we have enough—enough to eat, a place to live, health care when we need it, family and friends—can make us rich beyond our wildest dreams.
I was reminded of this wealth during the past few days. My wife Suzanne volunteers at a food bank, and the clients there don’t always have enough. It is difficult to see people struggling for basic needs. Thankfully the food bank is able to provide them with a considerable amount of food. The donations they receive provide not only canned and boxed goods, but fresh bread, dairy, and produce as well as frozen meats. Of course when you have perishable goods, it can be a challenge to manage the inventory with the demand before they spoil. And that is why last week we received the unexpected abundance of a case of zucchini, several pounds of carrots, and a case of ripe pears. Continue reading