Some credit card promotions promise you will pay 0% interest for a certain period of time. These are usually referred to as Introductory Rates. Be very careful when you consider these types of the rate because if you are late with a payment, your 0% rate could skyrocket and your purchases could be subject to  … Read More

1. Make sure to make at least a minimum payment within 30 days of your original due date. Preferably, give yourself a cushion so your payment is received within the 30 days. Avoid interest charges. 2. Lenders and credit bureaus favor borrowers who utilize a low percentage of their available credit. In the past, borrowers  … Read More

If you are retiring, carefully consider that you no longer have steady employment income and every dollar you provide to your children means you will have one less for yourself in retirement. Providing occasional gifts and paying an occasional bill are one thing. Quite another is providing a steady stream of income if it will  … Read More

Keep your retirement on track by avoiding some common pitfalls. 1. Do not overspend. You will have more time on your hands now that you are not working. You may be tempted to spend more on hobbies, travel, dining out, and other activities. That’s understandable but overspending could deplete your savings quickly. Instead, develop a  … Read More

Some businesses offer a significant discount to senior citizens. Some offer discounts to those 65 years and older, but some offer discounts to customers as young as 50 or 55. Many, but not all, are available to AARP members. Some of these discounts can save you a bundle of money. An example of some businesses  … Read More

State unclaimed property programs have millions of dollars waiting to be returned to consumers. These include the following: 1. https://www.missingmoney.com/ (unclaimed money from state governments) 2. SEC.gov/answers/oldcer.htm (old stocks and bonds) 3. https://closedbanks.fdic.gov/funds/ (unclaimed bank funds) 4. https://www.treasuryhunt.gov/ (savings bonds) 5. USA.gov/unclaimed-money (unclaimed tax refunds) Happy hunting!

With a little work and using the following websites, you may be able to get the lowest prices when shopping online. Some money saving sites: EBates.com enables consumers to earn cash back when they buy from any of more than 2,000 online shopping sites. Before buying anything online, check to see whether EBates has a  … Read More

Reverse mortgages are loans that let borrowers who are 62 or older draw on the equity in their homes. These loans come with fees and compounding interest. Some homeowners mistakenly believe the money does not have to be paid back. Homeowners can receive funds in a lump sum, monthly payment, or as a line of  … Read More

If both parties agree that their marriage is irretrievably broken and there are no economic issues, there is a 90 day waiting period. However, if both parties do not agree that the marriage is irretrievably broken, the waiting period has been changed to one year. This change in the law went into effect in October,  … Read More

Executors have a legal responsibility to act in the best interests of the estate beneficiaries and can be sued if they fail to do so.   Important things to know:   -Do not commingle your personal assets with the estate assets. -Make sure to open a separate estate account to deposit assets of the estate  … Read More