Posts tagged "money 101"

Money 101: Do Good With Charitable Donations – And Get Deductions, Too!

The onslaught of tax return documents starting arriving in my mailbox a few weeks ago — from banks and places of employment (I had a few last year) — and I began to feel the familiar and perennial angst; tax day is coming! I stuck most of them in a pile to be looked at…

By: Rainbow Kirby / January 28, 2011

Money 101: Identifying The Money Drains In Your Life

I’m amazed at how every time I walk out of my apartment, cash just seems to seep out of my wallet. So, this year, in a conscious effort to make my paycheck stretch a bit longer, I’ve been keeping a watchful eye on my miscellaneous expenses. Here are some common dollar drains I’ve found and…

By: Rainbow Kirby / January 19, 2011

Money 101: Visualizing Your Financial Future

In January, many of us take the time to reflect on our progress and trajectory in life, mentally scribbling a personal scorecard for the past year. We analyze and comb through the personal, the professional, the spiritual and the financial. Did I crush that credit card debt? Increase my 401k contributions? Save more, spend less?

By: Rainbow Kirby / January 12, 2011

Money 101: Do I Really Have To Give So-And-So A Gift?

You’ve probably made your shopping list and checked it three or four times by now this holiday season. Some of the people on there are no-brainers; you know you have to buy your mom a gift. But after you put the obvious folks on there and move further down the list, you always get the…

By: Colleen Meeks / December 24, 2010

Money 101: How To Resist Common Holiday Pitfalls

As much as I would love to tell you to take the holidays off from having to worry about money, the fact is, the bazillion dollars we Americans spend every year celebrating Christmas, Hanukkah, and New Year’s are all the more reason to be responsible about your finances. The blur and excitement of the seaso…

By: Colleen Meeks / December 20, 2010

Money 101: Why You Need A 401(k) Now

Retirement seems so far away. Then again, so did 30 and that’s all up in my grill. Like other distant things, thinking about retirement is easy to delay in favor of the triage of daily life. But objects in the mirror are closer than they appear. Since there’s no way to rapidly save for retirement…

By: Amelia Timbers / December 6, 2010

Money 101: How To Help Your Parents Through The Recession

It seems like the floundering economy has taken its toll on everyone in some way or another. Maybe you ended up in the unemployment line, or maybe your pantry’s stocked with nothing but store-brand food. And while the financial environment may have led you to cringe whenever you look at your checking account statement, our…

By: Colleen Meeks / November 22, 2010

Money 101: How To Start Prepping Now For Your Inevitable 2010 Tax Return

You’re not going to like this. But now — mid-November — would be a really smart time to start thinking about your 2010 taxes. Yes, going to the gynecologist sounds like more fun. And, sure, right now the only taxes you’re thinking about are the sales taxes on your holiday purchases, but consider this: with…

By: Colleen Meeks / November 15, 2010

Money 101: 8 Tips For Eating Healthy On A Budget

When you’re looking to trim your budget, it can be easy to cut down on what you spend on food. You can stop getting that latte every morning on your way to work and eat like you’re still in college. (Ramen, anyone?) But what if eating well is a priority, too? Elizabeth Somer, registered dietitia…

By: Colleen Meeks / October 29, 2010

Money 101: How To Make The Most Of Reverse Empty-Nesting

Sometimes when you hit rock bottom, there’s only one place to go – back home with Mom and Dad. As layoffs and overwhelming debt are knocking members of our generation on their asses, many are flocking home to the safety net they couldn’t wait to escape at age 18. There isn’t any shame in going…

By: Colleen Meeks / October 22, 2010

Money 101: How To Avoid 7 Common Savings Pitfalls

This past payday, I was as excited about having the funds to bring home this season’s faux fur vest as I was about skimming 10 percent off the top and watching our savings account increase. And I have to admit, I’m pretty proud of myself for being responsible enough to make that deposit regularly &#8211…

By: Colleen Meeks / October 7, 2010

Money 101: How To Meaningfully Reduce Your Expenses

Financial tips like “skip your latte” are obnoxious. So are suggestions to camp rather than stay in hotels, separate two-ply toilet paper and cook eggs in the dishwasher. After all, I don’t want my life to suck. While it’s true that incremental expenditures add up over time, the biggest factors affecting spending have to do…

By: Amelia Timbers / October 4, 2010

Money 101: How To Save For The Big Stuff

Let’s face it, saving money is a bitch. But all the big stuff in life — car, college, marriage, kids, travel — have equally big dollar signs attached. To minimize debt, saving for these expenditures ahead of time is important. Here are six effective strategies to set money aside — and keep it there.

By: Amelia Timbers / September 29, 2010

Money 101: 3 Very Good Reasons Not To Buy A Home — Yet

During a coffee break at the Boston Federal Reserve’s housing crisis conference, I answered my 23-year-old, unemployed, freshly engaged sister’s phone call. She and her (also young but at least employed) fiancé were shopping for homes near San Francisco, where housing prices start above half a million dollars, and wasn’t I so excited for her?

By: Amelia Timbers / September 21, 2010

Money 101: 11 Personal Finance Reads To Change Your Life

In finance, there’s a canon that everyone on Wall Street has read: Benjamin Graham, Adam Smith, and Robert Schiller. But no canon exists for personal finance. In fact, most personal finance books are a frustrating waste of time and money. From Suze Orman’s factually incorrect information to Jim Cramer’s super-caffeinated hysteria, it’s a sad field…

By: Amelia Timbers / September 17, 2010

Money 101: 10 Financial Etiquette Questions Answered!

Around the same time I started raking in the big bucks (courtesy of the Tooth Fairy), my father started enforcing the rule that the topic of money was off-limits in polite conversation. There was no, “Hey, how much was your incisor worth?” in my house. And the one time I asked my dad the amount…

By: Colleen Meeks / September 13, 2010

Money 101: How To Negotiate Anything

One of my favorite coats is a gorgeous knee-length number that coordinates with almost anything. The best thing about this coat is that I paid the criminal price of $10 for it. I found it on a clearance rack. It was the only coat of its kind and happened to be in my size; our…

By: Colleen Meeks / September 7, 2010

Money 101: How To Buy Your First Home

Buying your first home can be a terrifying experience that may transform you from a financially stable go-getter to a jittery, nervous wreck.

I remember lying awake, staring at the ceiling the night before our closing. I pondered the longevity of this decision. How could I sign a 30-year financial commitment when I…

By: Heather Teilhet / August 4, 2010

Money 101: An Overview Of 401(k), 403(b), And Roth IRA Retirement Accounts

If you’re anything like me, when someone brings up retirement savings, investing, or your 401(k) match at a cocktail party, your eyes immediately glaze over and all you hear is the “wonk wonk” of the adults from a Charlie Brown special. Inside my head is the flashing red light and loud voice signaling “Danger. Danger.

By: Heather Teilhet / July 30, 2010

Money 101: How To Save Even When You’re Living Paycheck To Paycheck

Being the queen of your own financial destiny is priceless … and can be as scary as some of Lady Gaga’s heel heights. Whether your salary is as high as a modest kitten heel or soars to stiletto altitudes, you’re only as financially healthy as your savings habits. Maybe you’re eating Ramen to make your…

By: Colleen Meeks / July 15, 2010
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