Re-Cycle Your Transportation Costs with These Car Alternatives

You probably own a car. In fact, you may even own more than one car, even if your name isn’t Jay Leno. Owning a car in the U.S. is not only the favorite form of transportation, but it’s a huge and important industry for us. There are about 300 million vehicles currently here in the U.S.A. and that number has been increasing steadily every year since 1960. Only China has a bigger car market than the U.S. and that is simply because there are so many millions and millions more people living there. The penetration of cars per population here though is much, much greater!

Transportation costs can eat up your budget, so if you're spending money on a car (or more than one!), try one of these car alternatives to save money.

Here is something to think about. The cost of a new car today is on average $35,263, according to Kelley Blue Book. That doesn’t include gas, oil, insurance, and maintenance money you spend. Compared to a dependable alternative like a bicycle (about $250 for a pretty good one) or a motorcycle (at about $3,000-$5,000) and you can see the huge differences. Going for a scooter or moped brings you down to an even lower and even better bargain! So, have you ever considered these car alternatives?

Continue reading“Re-Cycle Your Transportation Costs with These Car Alternatives”

9 Ways to Make Extra Money in The Dead of Winter

Not so newsworthy, in case you failed to notice, is that it’s winter out there. I can tell because I find myself watching TV each night wrapped in a blanket and drinking hot tea while the wind blows incessantly outside and my car sits snow covered in the parking lot of my condo complex. Nothing gets by me.

If you're looking to learn how to earn money in the winter, here are 9 ideas to get you started. Take advantage of the season to make some extra cash!

So it’s winter and it will stay that way for a good while whether I like it or not, despite the fact that South Florida calls my name almost every day and says, “Garrrry, oh Garrrry, its 83 degrees today.”

I’m not heading to Florida, but instead I am using my time to do what you may think is “the impossible”! I’m figuring out new ways that I can earn some extra money so that maybe, just maybe, next winter I can actually go to Florida and sit in the sunshine (or is that “Sing in the Sunshine”…I tend to get that confused).

Continue reading“9 Ways to Make Extra Money in The Dead of Winter”

Your IRA RMD – What You Need to Know About Required Minimum Distributions

You may not have given it that much thought while you were socking away your retirement contributions over the years, but in every life, some rain must fall! The rain in your IRA may be that “special” time when you must start withdrawing funds from it. Many retirees taking required minimum distributions (RMDs) from their traditional IRAs may not know all of the ins and outs of exactly the right way to do it and avoid any penalties along the way if they don’t!

You need to make sure you know all the facts about your IRA RMD (required minimum distribution) so that you avoid penalties. Check out all the details here.

Making IRA RMDs: the What, When, and How

When you reach age 70½—and that’s about 3.5 million Americans right now—you need to know the ins and outs of required minimum distributions (RMDs). If your parents or grandparents are the ones moving into RMD-land, do them a favor and give them some really good advice and information about this subject ASAP.

Continue reading“Your IRA RMD – What You Need to Know About Required Minimum Distributions”

How to Earn a Free Vacation in Las Vegas

It’s winter time and my thoughts do go astray in winter. It brings to mind taking a vacation. For me that vacation just has to be someplace warm, a lot warmer then central NJ in winter! So with that thought in mind, and a reminder of what a frugal genius I am, I’m planning a vacation in Las Vegas this year and my hotel and entertainment, food, and everything except the airfare is going to be free! Yes, I said it…free!

My wife and I like to do some "frugal gambling" and while our wins are generally small, being able to take a free vacation in las vegas is a huge perk.

You may recall back in July 2015 I wrote a post about frugal casino gambling and our occasional trips to Atlantic City to “spend” some fun time there with my wife.

Continue reading“How to Earn a Free Vacation in Las Vegas”

How to Run Your Business and How Not to

Having done just about everything one can do in the business world myself, from working as a trainee to managing a huge chain of retail stores and ultimately running my own business, I think I can, with some expertise, tell you that there are ways to do it successfully and there are ways not to be successful. A word of really good advice on how to run your business: do the former and avoid the latter!

Some businesses fail because of market changes, but many fail because they're not doing things right. Here's a few tips on how to run your business.

Why do I mention it today? Well, for quite some time now, I have been observing the demise of some of the greatest American business institutions and thinking to myself “why did that happen?” Every time it does, from Blockbuster Video to Radio Shack and from Lehman Brothers to the now-on-life-support Sears and Kmart stores, I think about what might have been done differently to help avoid that disaster.

Continue reading“How to Run Your Business and How Not to”

Earn Extra to Boost Your Income: Be a Census Taker

As you probably know, every ten years the federal government conducts a census of the U.S. population to get a count of how many people live in each state. The results of the census help to determine each state’s congressional representation and how much federal money each community receives. Additionally, it provides a better understanding of American demographics. So, yeah, it’s a pretty big deal.

If you're looking for some extra income, consider becoming a census taker. Read on for all the details, including how to apply for the 2020 U.S. Census.

The next census is scheduled for 2020 and will require hiring thousands of census takers to complete the assignment. I’m always trying to recommend and steer people into new ways to earn some extra money and in the case of the census, you can earn a pretty decent stash for a pretty decent period of time, too. If you happen to be available to work flexible hours and want to get in on this, here’s all the things you’ll need to know.

Continue reading“Earn Extra to Boost Your Income: Be a Census Taker”

2019 Financial Resolutions You Can’t Afford to Blow

You know that you mean well. You always do, don’t you, when it comes to making new year’s resolutions. That diet you were gonna do to lose some weight, the smoking thing that you were definitely going to knock out last year for sure, and oh yeah, the garage that’s full of junk that you have been promising to clean out since 2007, but this is the year, right? You tell yourself every new year things like that and even more.

If your financial resolutions of the past never seem to materialize, perhaps it's time you made some S.M.A.R.T. goals. Here's how to make 2019 successful.

And of course there are those financial resolutions and goals that you seem to always set for yourself to do better with your money, but by the end of March you can’t even recall exactly what your goals were and where you went wrong along the way. Does that sound pretty familiar?

Continue reading“2019 Financial Resolutions You Can’t Afford to Blow”

Free Coffee: How I’m Getting It Free for Nine Months

They say that a good day starts with a good cup of coffee. Well, at least I’m saying so today because for me it’s part of my morning ritual, every day. I am not alone here. When I used to commute to work for years and years, I’d always have a cup at home before I left for the office and then of course just had to have another one when I arrived and settled into my routine each morning at the office, too.

Most of us like our coffee to start us off on a productive day. But it doesn't have to be expensive. I'm getting free coffee for 9 months and here's how.

There are a lot of “golden rules” when it comes to saving money that tipsters often cite in personal finance blogs. I am guilty here too of stressing that skipping your morning coffee and bagel as you drive into work every day will save you some big bucks. It does. Simply said, if you don’t make your coffee at home, you are probably wasting a lot of hard earned money that you can easily save and put toward a far better use. Like maybe buying that small island in the Caribbean you sometimes dream about? OK, it’s good to dream anyway. But free coffee…it tastes so much better, I promise you.

Continue reading“Free Coffee: How I’m Getting It Free for Nine Months”