It’s been calculated that the aggregate expense to all households in the United States for accessing and using their Cash is $31 billion a year. This astounding number includes the 5.6 hours each year, on average, that people waste simply driving to the location where they get their cash and also $6 billion in foreign ATM fees. Throw in another $5 billion in period account fees and don’t forget the 500 million that’s stolen every year either and you can see that using cash is actually rather expensive.

The old saying “Cash is King” might still hold but, for what most people are paying just to use it, it might be time to change it.… Read the rest

You’ve no doubt heard it all before. Don’t overspend. Save as much money as possible. Start saving for retirement early. Put as much money as you can into your 401K. These sound simple, but for those of your learning to how to survive on minimum wage it isn’t all that easy.

These are some of the hallmarks of successful money management and, in all but the worst of cases, most people should easily have more money than they need. The fact is however that many people don’t follow these rules and that has led to some of the most difficult financial times that we’ve seen in generations.… Read the rest

Although money management is a skill that anyone can develop, the problem is that most young people (and some people that aren’t so young) lack basic money management skills. This is the reason that there is so much credit card debt, high interest loans and a shortage of retirement and savings plans.

In many cases the skills needed to fix these financial problems are easy to learn and, with the right information, can be learned quite quickly. To that end, what we’ve put together for you, our dear readers, today is a list of 3 excellent personal finance books that everyone should read.… Read the rest

It was probably Jim Morrison, the infamous lead singer of the 1970’s rock group The Doors, who put it best “no one here gets out alive”. What he was referring to is that, no matter who you are, where you come from or how rich you happen to be, inevitably every one of us is going to pass on one day. Seeing as it’s inevitable, one of the best things that a person can do, especially if they have a lot of money, investments, land, homes and so forth, is to make sure that their estate planning is thoroughly taken care of.… Read the rest

Welcome back for Part 5 of our blog series on tips to save money on your all your health care needs. The first 4 blog articles mainly dealt with a myriad of ways that you could save a few bucks here and there on everything from prescriptions to healthy food and everything in between. This final blog is going to be focused on what your health plan and your insurance covers as well as using preventative care to make sure that you stay healthy and thus save money. Enjoy.

One of the most vital pieces of information that you need when it comes to your health plan is what it does and does not cover.… Read the rest