Funny that the first two are opposites but it's true — striking a balance is paramount. I know I'm not breaking any new ground when I suggest that diversification can help solve the problem but it's important to remember for sure. Best of all there are more ways than ever for people to invest their money these days such as peer to peer lending and equity crowdfunding so it's definitely doable.
For people over 50 years of age (and have medical issues and incurring large medical bills), who are already living paycheck to paycheck - what are some guidelines on how to get out of debt?
My hubbys employer just started using a new company for his retirement contributions. Should we leave the first account as is...Or transfer the balance from the 1st account into the new account account being receiving the contributions?
We need to do about $5,000 of upgrades to our house in order to get it ready for renting out. What is the best option? Take a credit card out through a place like home depot, do a personal loan, an extra mortgage or just add it to our current credit card (assuming that we already have a $5,000 credit limit)? (Also, we are military, so could we somehow get a low interest loan through a military lender or something?)
What are some easy ways to save up an extra $250 a month? (Of course a person can cut tv, internet, going out to dinner, etc- but do you have any other tips on where you can save a buck or two? Maybe one that most people don’t think of?)
What are some easy ways to save up an extra $250 a month? (Of course a person can cut tv, internet, going out to dinner, etc- but do you have any other tips on where you can save a buck or two? Maybe one that most people don’t think of?)
My top question is: I'm a single parent with a modest, set income and not a lot of assets but I've got decent life insurance. I'd still like to have some kind of nest egg, however small. Where do I start?
My top question is: I'm a single parent with a modest, set income and not a lot of assets but I've got decent life insurance. I'd still like to have some kind of nest egg, however small. Where do I start?
9/19 /16
There is an error in not having comment dates with the discussions. Good idea to put it in as Aldi does not - are you reading this Aldi?
Shoppers do not always seem informed when they say eggs for instance are more expensive one place or another. Egg prices vary depending on the laying "cycles."
You will find that true at all stores although I have noticed that doesn't apply as fast or at all at large grocery retailers.
And we think the canned soup flavors are terrific, no one is pickier than my husband. There may be 1 or 2 flavors we don't like but true for Progresso and Campbell as well. Have no issue with produce today either. RARELY is it not as good as elsewhere and usually has a higher "crispness" level. No one comments on the specialty cheese which is a super value and quality as well as true for the fresh meat I have purchased. Last week seal wrapped pork tenderloin (great for the freezer) was available plain or in flavors, I picked unflavored and do my own marinating that we like and served it to our dinner group - it was $3-$5 per pound less than local chains. Everyone commented very favorably and I was delighted. The whole meal came from Aldi and cost $20 for 7 lg servings with some leftovers, an appetizer, a salad of beautiful mixed greens in the hard plastic container with goat cheese (1/2 price of Sam's or Costco) slices rolled in herbs and my own V and Oil dressing, and an $$$ dessert. As far as deteriorating vegetables - that does happen from any place, NOT sooner than other stores ...ever thought of chopping them up before it is too late with onion or garlic, a can of diced tomatoes or fresh, a few seasonings and remainders of chicken, ground or minced beef or pork, a diced potato or handful of rice, some stock or flavor cube for a small stew or soup? Takes no time to make. Come on guys, get creative about meal planning - make that your Sudoku!
My biggest personal finance questions are on how to invest in the stock market. I have so much to learn, but would love to start. Where is the best way to begin on a starter level with minimum risk while learning?
I have some savings so am wondering if I should put all of that towards paying off student loans (it wouldn't cover the full amount but a decent chunk) or keep some as a net and only fully pay off the higher interest loans, then take care of the others over time.
What is the best way to "safely" make money on your savings? It seems wrong that you have to risk the money you earned through a life of working just to make some interest or dividends. Is there a less risky way to make more than 1% on your money?
My current question is: "Is it worth it in the long run to my career for me to keep working now even though I'm almost working for free because of how much childcare costs or would I be better off taking some time off with my child and then hoping I can jump back into the work force when she goes back to school?" Short term our budget can handle the hit but I'm afraid I'm not fully considering the long term ramifications.
The key is to prepare for your retirement. Prepare for the lifestyle you plan to lead and the funds necessary to support that lifestyle (both from savings/investments and income). If you are short on funds during retirement consider downsizing, a more frugal lifestyle and eliminating debt. I recently read several pages and guest posts on the site Retirement And Good Living on successful retirement. The site provides information on planning, finances, health, retirement locations and more.
Should we be investing or paying down debt?
Funny that the first two are opposites but it's true — striking a balance is paramount. I know I'm not breaking any new ground when I suggest that diversification can help solve the problem but it's important to remember for sure. Best of all there are more ways than ever for people to invest their money these days such as peer to peer lending and equity crowdfunding so it's definitely doable.
For people over 50 years of age (and have medical issues and incurring large medical bills), who are already living paycheck to paycheck - what are some guidelines on how to get out of debt?
I need to know how my personal savings can help protect and cover me in retirement and dealing with potential health coverage and medical costs
What is the safest way to invest my money? I am afraid to risk it in the stock market but want to earn the most interest possible.
My question is how do I pay off my mortgage faster?
My Question is: How can I financially stay responsible even with student loan debt?! Thanks!! :)
Lauren Paradis
My hubbys employer just started using a new company for his retirement contributions. Should we leave the first account as is...Or transfer the balance from the 1st account into the new account account being receiving the contributions?
What's the best way to save money for your children? There are so many options!
We need to do about $5,000 of upgrades to our house in order to get it ready for renting out. What is the best option? Take a credit card out through a place like home depot, do a personal loan, an extra mortgage or just add it to our current credit card (assuming that we already have a $5,000 credit limit)? (Also, we are military, so could we somehow get a low interest loan through a military lender or something?)
What are some easy ways to save up an extra $250 a month? (Of course a person can cut tv, internet, going out to dinner, etc- but do you have any other tips on where you can save a buck or two? Maybe one that most people don’t think of?)
What are some easy ways to save up an extra $250 a month? (Of course a person can cut tv, internet, going out to dinner, etc- but do you have any other tips on where you can save a buck or two? Maybe one that most people don’t think of?)
My question is how to save for the future and college for my kids when I am trying to pay my bills?
My top question is: I'm a single parent with a modest, set income and not a lot of assets but I've got decent life insurance. I'd still like to have some kind of nest egg, however small. Where do I start?
My top question is: I'm a single parent with a modest, set income and not a lot of assets but I've got decent life insurance. I'd still like to have some kind of nest egg, however small. Where do I start?
9/19 /16
There is an error in not having comment dates with the discussions. Good idea to put it in as Aldi does not - are you reading this Aldi?
Shoppers do not always seem informed when they say eggs for instance are more expensive one place or another. Egg prices vary depending on the laying "cycles."
You will find that true at all stores although I have noticed that doesn't apply as fast or at all at large grocery retailers.
And we think the canned soup flavors are terrific, no one is pickier than my husband. There may be 1 or 2 flavors we don't like but true for Progresso and Campbell as well. Have no issue with produce today either. RARELY is it not as good as elsewhere and usually has a higher "crispness" level. No one comments on the specialty cheese which is a super value and quality as well as true for the fresh meat I have purchased. Last week seal wrapped pork tenderloin (great for the freezer) was available plain or in flavors, I picked unflavored and do my own marinating that we like and served it to our dinner group - it was $3-$5 per pound less than local chains. Everyone commented very favorably and I was delighted. The whole meal came from Aldi and cost $20 for 7 lg servings with some leftovers, an appetizer, a salad of beautiful mixed greens in the hard plastic container with goat cheese (1/2 price of Sam's or Costco) slices rolled in herbs and my own V and Oil dressing, and an $$$ dessert. As far as deteriorating vegetables - that does happen from any place, NOT sooner than other stores ...ever thought of chopping them up before it is too late with onion or garlic, a can of diced tomatoes or fresh, a few seasonings and remainders of chicken, ground or minced beef or pork, a diced potato or handful of rice, some stock or flavor cube for a small stew or soup? Takes no time to make. Come on guys, get creative about meal planning - make that your Sudoku!
My financial question is "Should I worry/save for retirement or our kids college first?"
Any tips or tricks for saving on an extremely limited budget would be wonderful!
Trick question, what is the safest way to invest money? There may be no "Safe" way, but what is the right way.
My biggest personal finance questions are on how to invest in the stock market. I have so much to learn, but would love to start. Where is the best way to begin on a starter level with minimum risk while learning?
I have some savings so am wondering if I should put all of that towards paying off student loans (it wouldn't cover the full amount but a decent chunk) or keep some as a net and only fully pay off the higher interest loans, then take care of the others over time.
What is the best way to "safely" make money on your savings? It seems wrong that you have to risk the money you earned through a life of working just to make some interest or dividends. Is there a less risky way to make more than 1% on your money?
My current question is: "Is it worth it in the long run to my career for me to keep working now even though I'm almost working for free because of how much childcare costs or would I be better off taking some time off with my child and then hoping I can jump back into the work force when she goes back to school?" Short term our budget can handle the hit but I'm afraid I'm not fully considering the long term ramifications.
My top question is "how can I be sure I'm financially able to retire?"
The key is to prepare for your retirement. Prepare for the lifestyle you plan to lead and the funds necessary to support that lifestyle (both from savings/investments and income). If you are short on funds during retirement consider downsizing, a more frugal lifestyle and eliminating debt. I recently read several pages and guest posts on the site Retirement And Good Living on successful retirement. The site provides information on planning, finances, health, retirement locations and more.