If you’re feeding an army or just a hungry family, you’ve probably been considering the benefits of membership in a shopping club like Sam’s Club, Costco or BJ’s Wholesale. On the surface, the membership decision seems like a very simple calculation. You take your projected savings from buying in bulk and subtract from that the cost of a yearly membership ($45 for Sam’s Club, $50 for BJ’s, and $55 for Costco).
It’s a tough situation. Many working families need to borrow money to finance a car just to get to work. If you can afford a new car, your warranty should see you through the term of your loan on most major repairs. But many used cars don’t come with warranties. If the car breaks down, you’re still on the hook.
There are two kinds of millionaires. The first group is the obvious millionaires. These are the folks who drive flashy cars, live in big houses and send their kids to private schools. They are lawyers, CEOs and politicians. They have money – and everyone knows it.
Saving money is a lot like losing weight. It’s no fun, requires sacrifices and no one at a dinner party wants to hear about your plan. For many first-time home buyers, trying to save enough money for the down payment on a house can seem like a diet that won’t end. It might even be tempting to click one of those e-mail links that promise magical results, even though you know there’s no magic pill for weight loss and no magic plan for saving money.
Earlier this month, the Better Business Bureau warned the country to keep an eye out for criminals masquerading as credit repair agencies, an old scam that keeps coming back every few years. The scam is easy to spot if you know what to look for, so here’s what you need to know.
The first few days after you bring your baby home is an exciting time that can also be a bit stressful. So can the first few weeks. Many parents also find the first few months stressful, while others are stressed over their parental commitments a while longer. It’s easy to get caught up in sleepless nights, organic baby food, and reading every book you can find, but sometimes parents forget an obvious priority: teaching and helping your child save money as she grows up.
The difference between working yourself to death and retiring to live a life of comfort is smaller than you think. We like to believe in the simple caricature that rich people retire rich and poor people don’t retire. The truth is, much of the difference between retiring and continuing to go to work every day comes down to a few simple choices. Let’s take a look at three tricks that separate the successful retirees from the workers who are too insecure to retire:
Insurance coverage exists to protect you from costly repairs and replacement should an accident happen -- at home or on the road; whether you’re at fault or not. But like all businesses, insurance companies are looking to turn profits. While there’s nothing wrong with that, it’s up to you, the consumer, to do your homework so you can ensure the best coverage at the lowest cost possible.