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What Makes a Saver?

Prairie Eco-Thrifter

Many believe that early childhood examples and upbringing contribute greatly to the saver’s predisposition to save. Those affected by our recent Great Recession have had the benefits of saving reinforced as well. But, in college, I spent my summer earnings – on clothes, on a used car and on school activities.

Making 124
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Seniors – Keep Your Allocations

Prairie Eco-Thrifter

What YOU need in YOUR asset allocation model may well be very different from their generic recommendations. Examples of financial advisor suggestions that would have steered my family wrong: An estate trustee at a bank recommended selling off Chevron stock that my Aunt owned “because it is too risky”. Stocks were cheap.

Money 170
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401(k) Calculator: Calculate Your Match & Future Balance

Savings Corner

How to use this 401(k) calculator Based on your current age, income, any current 401(k) balance and current contributions, the calculator will estimate how much you’ll have in your 401(k) by retirement. For example, many employers match 50% of your contributions, up to 6% of your salary. Why should you use a 401(k)?

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How Long Should You Keep Financial Documents

Family Balance Sheet

For other receipts from a credit card for example, groceries or gas, keep until you get your next statement to look for any errors. Keep the quarterly statements for your 401k or other IRA accounts until you receive the annual statement. I use a small accordion file with 12 monthly files for credit card receipts.

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Meet a Reader | Kim from Iowa

The Frugal Girl

This spring, the gym closed down and sold off their equipment at a deep discount so now I am well stocked for any kettlebell weight I want to use. We never would have been able to afford it in normal times, but we had spent many years making frugal choices that put us in a position where we could take advantage of the opportunity.

Iowa 168
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Why We Left Traditional Health Insurance

Family Balance Sheet

In October 2003, I left a career as a department store buyer with a nice paycheck, paid vacation days, 401k match, profit sharing, and health benefits, to pursue a life of self employment with my husband where all of those things are up to us. For example, at that time, maternity was not included in any individual plan.

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Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

It’s modeled much like Michael Pollans Food Rules with many one-page rules that give short but useful tidbits of information. I have finally listed many of the financial resources, firms, services, and products that I personally use and recommend. Kyle presents Enter to Win our April iPad Mania Giveaway! ” Investing.

Money 133