Go Ahead and Buy Yourself a Coffee – You Deserve It

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Bills. Expenses.  Stagnant income.  The rising costs on just about everything.  Our retirement portfolios see-sawing up and down. Being “financially strapped” is becoming more than a problem; it's an epidemic.But as I read through a few popular articles and posts, I wonder if we really have the right artillery to fight this battle and defend ourselves.  For example: Here are just a few money-saving strategies that people are resorting to: • Skimping back on regular household products.  No more dish soap, paper towel, fabric softener?? • Making your own clothes. • No more hot showers. • No more eating out. • Canceling the TV. • Living on less than $12,000 per year. • Ditching the car altogether. • Moving back in with the parents … [Read more...]

Protecting Yourself with Dividend Stocks

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Darn! The year was off to such a great start for us investors! But then worries about Greece and the Euro spoiled the party. If you were following conventional wisdom and investing in Index Funds, then you’ve basically lost about 6% in May (following the S&P 500).Don’t worry – I’m not trying to bum you out. But it is times like this that you need to ask yourself “What am I doing to hedge myself? If buying stocks is offense, what am I doing to play defense?” … [Read more...]

Weekend Wind Down 5/26/2012

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My business trip to England is winding down to an end. Today I will be getting on a plane and traveling for the next 12 hours! So while I’m in the sky today, have a look at some of the photos I took during my stay: … [Read more...]

Budgeting for the Summer

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The 'arrival' of summer means that the days are longer and the nights are warmer - so there's more time to be out and about. For a lot of us, this also means that there's more time for us to be out spending money.If you've got kids climbing the walls, demanding something to do, you can be even more tempted to splash out on an expensive day at a theme park or a shiny new toy to keep them occupied.So how can you budget for the summer? Here are a few little tips. … [Read more...]

Can You Afford to Work?

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Recently a coworker and I were discussing how his wife would not be returning to work simply based on the fact that child care was too expensive. At the rate it would cost her to place the child in daycare and go to work, she’d actually be “losing” money.Simply put: If you compare dollar to dollar, it may not make any sense to go to work if you’re going to pay out more than you take in.As a parent, I can definitely tell you - kids are expensive! They eat a lot of food, wear a lot of clothes, need a lot of entertainment, and require a lot of stuff.It wasn’t that long ago that my wife and I had to make the same kind of decision ourselves. At the time, my wife was making around $1,000 net per paycheck. The cost of our daycare: … [Read more...]

What You Should Know About International Money Transfers

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In today's global economy, transferring money to other countries is a fairly commonplace practice. Thanks to internet banking, an international money transfer is no longer a complicated transaction but can be processed quickly and easily.If you've never before transferred money abroad, however, there are a few things you should know about the benefits (and the possible pitfalls) of processing international money transfers. … [Read more...]

How Much Do Things Cost in England?

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Cheers!  I’m writing you today from England.  The last time I came here, I published a short post about how different the prices were between the UK and United States.  I thought it might be fun to share those observations again.  Note: This post was originally published 12/02/2011.Think things cost a lot where you live?  Here’s a little perspective from our friends across the Atlantic.While on a business trip through England, there were a few things I couldn’t help but notice about their financial situation.  Although most of what I found was narrowly limited to my travel agenda, I thought I’d share my list of observations: … [Read more...]

Weekend Wind Down 5/19/2012

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Well, wish me luck. I’m off to England today for a business trip. That’s 11 hours of travel plus a 5 hour time change. In other words, by the time I start to feel sleepy, we’ll probably be landing and it will be morning outside.My stay there will be a little over a week. I’m going to miss my family; this will be the longest I’ve ever been away from them. Luckily, the week after I return is when we go on vacation together.I’m hoping the hotel’s WiFi will be nice and reliable. My last hotel had very questionable Internet service. So if I disappear, sorry about that! Posts You Should Read This Weekend: Personal favorite: Did the toys you played with as a kid set you up for failure financially as an adult? Read Daisy’s hilarious and … [Read more...]