Because losing a spouse is commonly considered to be the most stressful event which can happen in a person’s lifetime, the surviving spouse faces the dilemma of needing to make clear financial decisions while dealing with the trauma of this loss. This “Do’s and Don’ts” checklist will help give direction to those who are navigating these rough waters.
Managing Money
Do You Need an Emergency Fund?
Do you need an emergency fund? Well, I used to think of an emergency fund as robbing myself. Thankfully, I learned how beneficial an emergency fund is to my long-term financial well being.
5 Insurance Policies To Consider
I hope you never have to use what I’m about to discuss here: Insurance. Insurance is one of those financial products that you should have, but hope that you never actually use. Unfortunately, accidents do happen and those who have an insurance policy will be happy they planned ahead.
How to make more money with your emergency fund
This post will walk you through the steps to leverage your emergency fund to make more money…. Everyone’s definition of an emergency is different. But, if you want it to be of some use to you, you need to have a strict definition of an emergency. Your emergency fund should put more dollars into your pocket once it has been well established. Here is how:
Living or Giving More? Financial Lessons From John Wesley
John Wesley (June 28, 1703 — March 2, 1791) was a Church of England cleric and Christian theologian who taught — and lived out — some financial principles which continue to challenge us today. Wesley’s principles for money can be summarized with these three thoughts . . .
8 Tips for Dealing with Bill Collectors
If you have ever been on the receiving end of menacing phone calls from a bill collector, the title of this article probably spiked your blood pressure. Yes, this is a stressful experience, but it doesn’t have to be a nightmare. These tips will help.
Should You Use Retirement Savings For Your Kid’s College?
Saving for your child’s college tuition can be a difficult task, especially in today’s economy. According to a study by Sallie Mae, 60% American families save regularly for their child’s college tuition. A surprising 24% of parents who save, however, admit to using their retirement savings to cover tuition for their children…
How to Save Hundreds of Dollars By Taking a Day Off Work
Do you have a to do list that includes items you should have accomplished a year ago? If you do, you are what I call normal. The January 2010 issue of the Sound Mind Investing Newsletter discussed something called a “fiscal health day” (a term they borrowed from a Ron Lieber article in the New […]
