Here’s a link to an article that Stacey and I both like, summarizing some research on the subject, with surprising results:
 http://sciencenow.sciencemag.org/cgi/content/full/2008/320/2?eaf

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Since it’s the time of the year for spring vacations, I will be posting a few tips this week about how to have a reasonably priced vacation.
First tip:  Unless you are a foodie, whose main purpose in life is to eat out as much as possible on vacation, find a place to stay where you can […]

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If you saved $5 a day, at a 7% annual return, how much money would you have:
· In one year?  $1,890
· In five years?   $10,924
· In ten years?    $26,426
· In twenty years?   $79,639
(Calculations show savings of $5 per day, compounded daily at 7% per year)

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Wondering which 529 plan to use?  Vist the College Savings Plans website of the National Association of State Treasurers, www.collegesavings.org.  It gives you detailed information about all the plans available. 

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And make sure that you provide for your loved ones by writing a will.  If you don’t have a will, the state in which you live controls how your estate is distributed.  Are you completely happy with the way your state spends your tax money?  Do you think you’d be happier with the way they […]

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Stacey was on the Today Show again!  Here’s a link to her appearance:
 http://www.msnbc.msn.com/id/22653312/

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Every human resources department in the country has a story about a happy former spouse who finds out that she or he has inherited money from the ex.  Make sure that your benefits go to the right people.  Check your designations at least yearly.  Since it’s the start of a new year, why not now? 

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Ever wondered why that family down the street always seems to be in such good shape financially?  Chances are, it has nothing to do with how much they earn.  It’s much more likely that they agree on spending, have a budget and stick to it.  There’s lots of computer software available for budgeting, and this […]

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Is buying a house always your best financial option? It depends on you and your life.
Does this sound like you?

I’m much more likely to pay a mortgage than I am to put money aside for saving and investing
I like working on a house and think renovations should be made with esale value in mind
I plan […]

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There are as many opinions about money as there are family members, and everyone has their own priorities about spending money.  Take some time to have a family meeting about money. 

Set a time
Pick someone to lead it
Set an agenda
Take notes
Set goals as a family
Be straight with your kids about the family finances.  If you have […]

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