Personal Finance Library

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Personal Finance Basics

5 Ways to Absolutely Destroy Your Finances!
Ben Stein has a book called "How to Ruin Your Financial Life." To be honest, I'm not sure an entire book is needed on the subject-there are some fairly quick and easy ways to accomplish the task. (Before continuing, let me be clear that I do not actually recommend such activities-This is a reductio absurdum argument, meant to spur an opposing realization.)

Understanding and Controlling Your Finances
Have you ever wondered what it would be like to be able to have complete control over your finances?

5 Steps to Healthy Spending Habits
Next to our physical health most of us are primarily concerned with our financial health, and with good reason. Although our intentions are usually great our follow-through and discipline generally isn't. Mere mention of the word budget or cutback sends us into fits.

Saving Money - The Magic 20 Percent
Saving money is not easy and is made more difficult if you have a short-term outlook regarding your personal finances. If, like many people, you are living from one pay cheque to the next, it is difficult to put some money aside for a rainy day or for a summer holiday. But what if you were to change your financial outlook into a medium to long-term one? You might believe that you cannot afford to think ahead and make plans, but in most cases you would be wrong. Most people should be able to save some money and with some effort, maybe even as much as 20 percent of their salary each month.

Financial Fitness - Are You Exercising the Right Muscles to become Financially Fit?
Are your financial muscles well toned and healthy or flabby and weak? Do you want to change your relationship with money so you can have control over your financial future or do you want to continue to complain that you don't have enough? Exercise these 10 muscles to achieve Financial Fitness.

How You Feel Affects How You Shop & How Much You Spend
Have you ever stopped to think about how your "mood" affects the way you shop, not to mention the amount you spend? Think about it. If you want to save a lot of money, avoid shopping whenever you are in one of these moods...

Why We Are Never Satisfied with What We Have
Most progress has something to do with wanting more, better, different. But it isn't always good. People jump from relationship to relationship, place to place seeking what they didn't find in the previous opportunity. It's worth considering, for a moment, that maybe we don't take full advantage of the opportunities that exist, right where we are.

Home Economics

Top 10+ Ways to Jumpstart your New Year's Finances!
Of course, these don't have to be done in any particular order! Just pick one or two that particularly apply to your situation.

Grocery Savings - Your Kitchen is a Goldmine!
Your food budget is the most flexible area of your household budget. Grocery savings will free up a significant amount of money if you need to balance the budget, or fund your savings accounts.

Save Money Off Your Home Utility Bills
Many don't realize that our basic utility bills provide the perfect money saving opportunity for practically every household! Especially with today's energy crisis so prevalent throughout many of the states, you've probably heard this term - conservation.

Tips On... Saving Money on Prescription Drugs
At least 28 states now have established or authorized some type of program to provide pharmaceutical coverage or assistance, primarily to low-income elderly or persons with disabilities who do not qualify for Medicaid. Most programs utilize state funds to subsidize a portion of the costs, usually for a defined population that meets enrollment criteria.

Stretch Your Eldercare Dollar
Elders fear outliving their retirement nestegg, so we put together a few of our best dollar-saving tips to help.

Life Insurance

How to Choose a Life Insurance Agent
The process of working with a life insurance agent or financial advisor should not be stressful, although frequently it is. I have spent many hours with nervous couples who were so anxious about being “sold” something they didn’t really need or understand that they couldn’t focus on the constructive task before them. This is largely because insurance agents and financial advisors have the reputation of being commission-hungry sharks.

How Much Life Insurance Do I Need?
Most people buy term life insurance to provide for their family’s financial needs in the event that we die while they are still dependent on us. Permanent life insurance is also a useful wealth transfer tool when used for estate planning, as well as a modest savings vehicle. But far and away, life insurance is used by families to pay the mortgage, raise the children and put them through college if we die young.

What Happens If My Life Insurance Company Goes Bankrupt?
Over the last few years we have seen seemingly solid American corporations go out of business. It doesn’t happen often, but it’s a legitimate fear of all investors: What happens if my life insurance company goes bankrupt?

Whole Life Insurance Dividend Options
Whole Life Insurance is permanent life insurance designed to last through your life expectancy. The premium remains fixed and level as long as you own the policy. The policy’s cash value grows at a guaranteed rate and may also accumulate dividends. Dividends may be declared each year by the insurance company.

How Diabetics Can Get the Best Life Insurance Rates
I won’t gloss over it: People with diabetes have an uphill challenge to get a well-priced life insurance policy. If your agent doesn’t have this type of inside knowledge, find another agent who does.

Budgeting

Money Saving Tips. Maximize Savings on Everyday Items!
Frugal living is more than a lifestyle. It's a passion. Call Me Crazy! I love it! Why, who wouldn't love getting paid to buy products that they use everyday? Here's how I do it.

Budgeting -- The Critical Flaw That Causes Most Budgets to Fail
Budgeting. It's a word we're all familiar with. Everyone knows what a budget is, right? Yet how many of us actually make and stick to a solid monthly budget? The truth is that most of us start out with the best of intentions, but an unexpected expense comes up and busts our budget.

Budgeting your Savings - Did You Let Your Piggy Bank Get Away?
I think most of us have at some point in our lives. Some how we forget to feed the little piggy. And, like most neglected "pets," your piggy bank will disappear if you don't feed it. A personal budget is important to create financial independence and setting goals for feeding that "piggy bank" should be an important part of your budget!

How To Free-Up 10% to 15% of Your Income
Would you be interested in freeing up 10% to 15% of your current income? Just imagine what you could do with this money. You could pay down your debts, increase your savings, or work toward that next important purchase that you have in mind. Wouldn't it be exciting to actually have money left over at the end of the month?

Budget Planning - Its Elementary My Dear Watson
Does it feel like you have to be Sherlock Holmes to solve the mystery behind balancing your personal budget? Are you living a mysterious thriller where your realization of "financial independence and security" is a vicious repeating cycle of debt? Don't be afraid.

How to Draw a Personal Budget that Works
Many people spend their little income haphazardly without any planning and end up getting broke before month-end. They then borrow to make ends meet and end up with more problems that they fail to repay their debts promptly.

Creating A Household Budget
Creating a budget can be a very difficult task. Although we as consumers know that we need to pay our bills, buy our necessities, and put money away for savings, we don't really know how to start.

Developing a Budget? Watch Out for Those Budget-Bursting Gremlins
f you've developed a household budget to get your spending back in line or to just reduce stress, good for you! Creating and sticking to a budget isn't easy by all means. But it represents the best way by far to manage your finances so you can relax and worry about other things.

Recommended Websites

"The Insider's Guide to Retirement
and Insurance Planning"

South Florida Securities Lawyer

"Life Insurance for Diabetics"

"Bucks" Blog on The New York Times

Life and Health Insurance Foundation for Education

National Association of Insurance Commissioners

FINRA Broker Check

"Money Ning" Personal Finance Blog

Recommended Books

 





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