On a scale of one to ten, with ten being high, how would you rate your understanding of compound interest? Have you ever heard the old saying, “Knowledge is power”? In the case of compound interest, the more knowledge…
Money Solutions
Little ideas and solutions for all things money
What is a Washed Check?
Do you, like most people, thing the term washed check simply means a check that has went through the washer? While that is technically correct, there is a far more sinister meaning behind the term. How I learned the…
Do You GET Why You Should Save for Retirement?
Unless you live under a rock, you are aware of the need to save for retirement. The message is so common that it tends to fade into the background of “things I need to do someday”. If it…
Do You Need a Medical Power of Attorney?
Who will step in and make medical decisions for you if you become unable to make them for yourself? I know of a person who was seemingly extremely healthy. Unexpectedly, there was a medical event that left her unable…
What is a Christmas Club Account?
Can you imagine a Christmas with no financial stress? What would it feel like to receive a check in the mail just in time to pay for all things Christmas? That was the premise behind what, years ago, was…
Warning! Conducting a Beneficiary Checkup is Critical
Why is it critical to routinely conduct a beneficiary checkup? Consider this true story. A woman’s spouse died unexpectantly. The grief-stricken woman contacted the life insurance company to begin the process of claiming the funds that would enable…
An Easy to Create Spending Plan for Extra Money
Does unexpected income seem to mysteriously disappear? An easy to create spending plan is the key to getting to enjoy your next gift of cash. Reading time: approximately 2 minutes You have and live by a budget,…
Keep Your Feet Looking Pretty
Have you ever wondered how you can keep your feet looking pretty without incurring the expense of time and money that it takes to get a professional pedicure? Professional pedicures are a splurge and to be honest I love…
Strategies to Prevent Late Payments
3 minutes approximate reading time Have you ever logged online to review an account , or opened a credit card statement, only to discover that you missed making your payment on time? Late payments can cause all kinds…
Make Filing Taxes Easier
Would you like to make filing taxes just a little bit easier? Whether you pay a preparer or prepare your own taxes there are some steps you can take to make filing your taxes just a little bit easier. …