Money Makeover Monday: Need an Umbrella Policy?

If you own a home or car, you know about insurance. Not only are those polices generally required, but they do give us peace of mind in the event something happens. But what do we do if that something happens and it’s so devastating leaving our existing policy short of coverage? Let me introduce you to an umbrella policy. An umbrella insurance policy…

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Money Makeover Monday: College Diploma Now What?

Families across America are getting ready to celebrate college graduations! Its a wonderful time to see a loved one adorned in a cap and gown. The day ends years of sacrifice and hard work. Everyone beams with pride as graduates walk across stages to receive diplomas. Graduation also brings a sense of relief from the obligation of paying for college. Whether graduating from a public or private institution, the cost of getting…

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Money Makeover Monday: Got A Budget?

Simply stated, a budget is a spending plan. A budget allows you to know how to balance your income against your expenses for a particular period of time. A monthly budget is the most common. If asked how much money you spend monthly, would you have an answer to that question? Creating a budget will give you the tools to have an answer to that question. So where do you start? 1…

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Money Makeover Monday: Don’t Spend That Refund

Millions of taxpayers expect refunds each year. Taxpayer often start making plans in anticipation of receiving that refund. Too many people are ready to spend their refunds as soon as it hits their accounts. Usually, there is some excitement around getting a refund. But let’s not forget why we get refunds. Refunds are generally received because taxes were overpaid during the previous…

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Money Makeover Monday: Credit Card Headache

Let’s talk about that holiday credit card debt. Does your statement cause you stress? Are you feeling buyer’s remorse? Did you start the year with unmanageable debt? Too many people over-extend their holiday spending then are strapped by debt for months.  The payment on some of those holiday purchases outlast the items themselves. As the year rolls on, those items will end up…

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Money Makeover Monday: Fiduciary Rule and Retirement Funds

On February 3rd, President Donald J. Trump signed an executive order delaying the fiduciary rule from going into effect on April 10th. What is the fiduciary rule? Simply put, the rule protects investor retirement savings from potential conflicts of interest with investment advisers. Former President Obama’s administration found that conflicts of interest costs retirement accounts $17 billion a year. The rule sought to level the playing…

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President Trump Claims Voter Fraud

It’s been one week since Donald Trump was sworn in as the 45th President of the United States. In that span of time, the President signed numerous executive orders and memorandums. He met with the Prime Minister of the United Kingdom and had a spat with the President of Mexico resulting in a meeting cancellation. Among the President’s executive orders, the most recent one includes a freeze on immigration from seven…

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Money Makeover Monday: 2016 Money Habits

January is winding down and we are settling into our daily routines. But which routines from last year should stay in the past? Let’s agree to leave draining money habits in 2016. It is our hope that our personal finance posts have helped our readers make strides in better managing their money. The mistake many of us make is thinking we can’t afford to…

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Money Makeover Monday: New Year-New Money

Happy 2017!  Many of us are busy making resolutions and setting goals for ourselves and our families. Some are revisiting and dusting off old ones from previous years. Others are setting entirely new goals. We know some of the usual suspects: quality time with family, love, health, fitness, nutrition, education, career, finances, travel, creating me time, living life to the fullest or new living accommodations/arrangements. Everyone starts…

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Last Minute Christmas Shopping

  I know I already turned off the procrastinators out there! For you, last minute is next Friday. Yes, I’m talking to you. You’re the one who still thinks those popular gift items are still in stock. It happens every year right, Christmas just seems to show up. But it doesn’t. These days Christmas is competing with Halloween for attention. Thanksgiving shows up wrapped in Black Friday and then the Christmas frenzy…

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Office Party: Don’t Let This Be You

Every workplace has that notorious story that keeps on giving! The employee cringes each time the story is told. But knows telling each new employee the story is an unofficial part of orientation. It’s December and workplaces near and far are hosting holiday parties for their employees. Coworkers are excited to attend and celebrate the holiday season with the people they spend most…

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