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Awkward Money Situation? Write It Down.
Tweet Share on Facebook July 28, 2011 Comment (3)Shortly after Deborah Hutchison finalized her divorce in the mid-1980s, she realized she had a problem. Her ex-husband had missed several of his spousal support payments, and she wasn’t sure how to get him to pay on time each month. So she came up with the idea to send him a bill for the $750 payment. As soon as she took that approach, she never missed out on a payment again.
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Amy Winehouse’s Financial Legacy
Tweet Share on Facebook July 27, 2011 Comment (6)Amid the sad story of Amy Winehouse’s death came one positive note of inspiration for her heartbroken fans: The troubled singer left her affairs in remarkable order. Unlike many celebrities, from Michael Jackson to Anna Nicole Smith, Winehouse had an estate plan that appears to leave her sizable assets just where she wanted them.
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How to Get Famous (and Rich)
Tweet Share on Facebook July 26, 2011 Comment (9)Fame is the secret to wealth, security, and success, according to a new book, Fame 101, by Maggie and Jay Jessup. The authors argue that becoming a well-known entity, whether you’re a librarian, florist, or politician, is the path to more money and satisfaction. And they believe they can teach anyone to become famous.
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How to Stay Organized at Home
Tweet Share on Facebook July 21, 2011 Comment (4)With credit card statements and health insurance records pouring through the mailbox each month, keeping all that paperwork in order can feel like a full-time job. And it’s an important one. Keeping the bills paid, insurance updated, and investments on track all depend on staying organized. We spoke with Brooke West, a private financial advisor and first vice president at SunTrust, about some of the best ways to do that. Not only does West keep her own family finances in order, but she helps her clients do so as well.
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The Secret to Saving for a Rainy Day
Tweet Share on Facebook July 19, 2011 CommentHow connected do you feel to your future self? It might seem like a strange question, but the answer determines how likely you are to blow your money today or save it for later. A new report from the Columbia Business School and University of Chicago Booth School of Business reveals that consumers make money choices based on how connected they feel to their future identities—and that it’s relatively easy to manipulate those feelings.
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How to Prepare for the Debt Deadline
Tweet Share on Facebook July 15, 2011 Comment (6)If you’ve been trying to tune out the heated debate over our national debt crisis because the potential consequences are just too scary to imagine, it might be time to join the conversation, because the August 2 deadline is fast-approaching. Social Security checks, access to national parks, and food inspections are among the federally-funded services that could suddenly end if no deal is made.
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How One Man Took the Leap to Self-Employment
Tweet Share on Facebook July 13, 2011 Comment (1)At first, Todd Henry’s interest in how people can boost their creativity was a hobby. In 2005, he launched a podcast called “The Accidental Creative,” where he explored strategies for creative professionals under pressure to come up with new ideas all the time. His hobby quickly grew into an online community, e-newsletter, products, and most recently, a book, The Accidental Creative. Today, his full-time speaking and consulting business has replaced his full-time job.
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How to Spend Less at the Pharmacy
Tweet Share on Facebook July 8, 2011 Comment (10)When Emily Kaminski needed an antibiotic to treat an infection a couple of years ago, she couldn’t believe the $55 price tag. “I did some investigating, and found it at another place for $40, and another for $18,” says the 34-year-old stay-at-home mom, a former junior-high teacher. She was so surprised at the price differences at various local pharmacies that she decided to launch a website to help other consumers shop around more easily. The site, frugalpharmacies.com, now lets users search for the best price for more than hundreds of the most common drugs in a matter of seconds; she plans to continue building the site with the help of information gathered by users.
