Archive for June, 2012

Should You Move Your UGMA/UTMA Accounts to a 529 College Savings Plans

Should You Move Your UGMA/UTMA Accounts to a 529 College Savings Plans

| June 30, 2012 | 1 Comment

  “The biggest reason is tax savings.” says John Wiggins of WhatIsA529Plan.com, “All the earnings from investments in a 529-plan account are tax exempt, while only a portion of the earnings in a UGMA or UTMA account are tax exempt.”Both UGMA and UTMA accounts, together generally referred to as UGMA accounts because they’re so similar, […]

Continue Reading

Will You Be Working Into Your 70’s?

Will You Be Working Into Your 70’s?

| June 28, 2012 | 0 Comments

  Billionaire Carlos Slim said that boosting the retirement age to 70 would help to prop up the world’s struggling economies, according to Mexican press reports cited by Forbes. He says the current retirement age was selected because at that time people worked more physical jobs. Slim suggested the cure for our economic ills would be raising […]

Continue Reading

Are Baby Boomers Being Greedy?

Are Baby Boomers Being Greedy?

| June 27, 2012 | 0 Comments

  Some of our fellow Baby Boomers are saying we are receiving too much in our retirement checks. We didn’t put the money into the system and do not deserve to be taking it out. Our supposed greed is destroying the system and we should be the ones to take cuts in our retirement check […]

Continue Reading

Do I Need Disability Insurance?

Do I Need Disability Insurance?

| June 24, 2012 | 3 Comments

Did you ever think what would happen if the only bread winner in the family got hurt and couldn’t work for an extended period of time. Maybe this injury lasted 1 or 2 years, how would your family survive? If your like most families, you probably couldn’t survive 1 to 2 weeks. Being prepared for […]

Continue Reading

An Emergency Fund Can Keep You In Hot Water

An Emergency Fund Can Keep You In Hot Water

| June 23, 2012 | 3 Comments

  One of the basic tools used in personal finance is the emergency fund. The emergency fund does many things for you but the most important thing it does is it keeps you out of debt. For many people an emergency fund is a foreign concept, saving money for a rainy day, isn’t that what […]

Continue Reading

5 ways to increase your credit score

5 ways to increase your credit score

| June 21, 2012 | 2 Comments

Do you know your credit score? If you don’t you need to find out. So much depends on a good credit score. The interest rate you pay on your credit cards is determined by your credit worthiness. If you apply for a mortgage or refinance the mortgage you have, the interest rate you receive depends […]

Continue Reading

How to tip correctly

How to tip correctly

| June 21, 2012 | 0 Comments

When a server or service person does a good job for you, you want to give them a nice tip to show your appreciation, the question is how much is a good tip. You can ask 10 people how much to tip in a certain situation and you will get several different answers. To make […]

Continue Reading

Airline Booking Secrets To Use On Your Next Trip

Airline Booking Secrets To Use On Your Next Trip

| June 19, 2012 | 0 Comments

If you go over to Reddit.com, you will find an ongoing Q & A With “TravelAuthority”, a reservation agent for many different airlines. Many questions are being asked and the answers are very informative. The subject range includes working for an airline, the flight benefits, using miles, earning miles, avoiding stupid airline fees, low fares, […]

Continue Reading