Category Archives: Financial Decision Making

Holiday Spending Part 2 – Staying Out of the Red

Planned holiday spending is a great way to prevent financial stress in the new year! Set limits on overall holiday spending:  Decide how much you are really comfortable spending on gifts.  A quick rule of thumb might be to keep … Continue reading

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Staying Out of Debt for the Holidays – Part 1

It is getting to be that time of year again; the winter holiday catalogues and holiday decorations are making an appearance.  So…..I am going to start the discussion on holiday spending. The holidays are really about spending time with family … Continue reading

Posted in Credit, Debt, Expenses, Financial Decision Making, Financial Goals, Financial Plans, Non Financial Resources, Spending, Uncategorized | Leave a comment

Identity Theft Prevention: Should You Freeze Your Credit Reports?

Unless you live in a bubble, it is hard to totally prevent Identity theft.  After all, many entities other than you have your personal information –financial institutions, doctors, schools, etc.  The goal is to put measures in place that make … Continue reading

Posted in Credit, Financial Decision Making, Identity Theft, Uncategorized

Your Net Worth – a positive approach

Believe it or not, doing a net worth statement each year is crucial for your financial health.  Many people get intimidated by the idea of determining their net worth because they don’t want to see negative results – that they may … Continue reading

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Getting on Track for Retirement: Six Things to Do Now

Concerned about whether you are on track for retirement?  Here are six things you can start doing now:  Start sooner rather than later. The sooner you start planning and evaluating if you are on track, the more options you give … Continue reading

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A College Education Will Cost How Much???

With college costs continuing to climb, is it realistic to think parents can fund their children’s college and their own retirement?  The financial aid website (www.finaid.org) suggests using the 1/3 rule of thumb, meaning if you can afford it, you … Continue reading

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Lending Money to Friends and Family – Just Say No!

Don’t do it! More often than not, lending money to a friend or family member results in a strained relationship or the end of a relationship. If you do decide to lend money to a friend or family member, lend … Continue reading

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