October 7, 2013 |
Last of three parts "It could be a kiss-off gift," says the cultural leader of a $10,000 check that had recently arrived in the mail. It would be a nice chunk of change for any Philadelphia arts and culture group, this 10K, except when you realize that the donor who sent it is worth several billion dollars. Relatively speaking, it's the same as someone with $100,000 in the bank sending a check for $3. This donor hasn't emerged as one of Philadelphia's great philanthropic leaders, despite his capacity.
September 30, 2013 |
Don't outlive your money. A carefully planned retirement means choosing options, way in advance, that are most likely to see you through with a minimum of financial worries. Living longer than you expect - a likely scenario - is just one factor that could erode your retirement assets, says this post at Investopedia.com. Inflation and medical expenses are among the other real threats to financial security in later life. But, this article says, "knowledge is power, and if you are aware of these factors, you can take steps to ensure that they do not affect you. " But how?
September 23, 2013 |
Guarding your 401(k) and other retirement money requires attention to details on your account statements and in the wider economy. Watch for missteps by your boss, and by the government. Missing money. Credit.com says payroll deductions for a 401(k) - a popular retirement savings program - should show up quickly in your retirement account statement. If they don't, get ready for a fight. "Retirement plan fraud is more common than you might think," says this post by financial planner Matthew Illian.
September 16, 2013 |
Learning how to earn, spend, and save money wisely ought to start in childhood. But if you missed the early lessons, websites such as these offer many ways to catch up on financial literacy. Among articles on Visa's Practicalmoneyskills.com site is one on the company's annual "Tooth Fairy survey," which Visa says "shows that American children are receiving an average of $3.70 per lost tooth this year - a dramatic increase of 23 percent over the $3.00 per tooth left in 2012. " Visa doesn't say if that's a good thing, though.
September 9, 2013 |
Parenting costs money, and usually much more than parents ever expect. Get informed so you don't have to do quite so much muddling through the expensive issues involved in raising children. The money page at Parenting.com has tips on how to teach your children about money and how much it will cost to have and raise a child. There's practical advice on getting credit for children at tax time. And there is a link to a gallery of "ridiculous parenting products" that, in the writer's opinion, are a waste of money.
July 29, 2013 |
Downsizing your financial life, by choice or by force, is tricky business. Whether you are retiring to smaller digs or just eager to simplify your lifestyle and save money, these sites could help. At Moneycrashers.com , Heather Levin writes about the joys of downsizing from her suburban home to a city loft. "It was one of the best decisions I ever made and my life has become not only so much simpler, but also way more inexpensive!" Levin found downsizing, among other things, gave her the chance to "declutter" her life, and shake off attachment to accumulated "stuff.
July 22, 2013 |
Gasoline prices have been shooting up, and the usual motorist frustration is kicking in. Check these sites to find the cheapest gas around and to understand why prices fluctuate so wildly. The AAA auto club publishes a detailed daily roundup of average gasoline and other motor-fuel prices nationally and state-by-state. The data come from the Oil Price Information Service, or OPIS, which supplies industry information to oil companies, distributors, and government and commercial petroleum-product buyers.