Archive for January, 2010

10 Ways to Help Your Kid Build a Lifetime Emergency Fund

Sunday, January 31st, 2010

One of the most effective financial tools you can give a child is an appreciation for an emergency fund and the advice on how to build it themselves. An emergency fund should contain 3-6 months worth of money to cover living expenses – its main focus should cover all loss ...

10 Money Steps to Take When Someone in the Family is Facing a Serious Health Crisis

Sunday, January 31st, 2010

A June 2009 article in the American Journal of Medicine reported that medical bills are behind more than 60 percent of U.S. personal bankruptcies, adding that more than 75 percent of these bankrupt families had health insurance but still were overwhelmed by their medical debts. The article, based on research from ...

How to Get 2010 Off to a Great Financial Start

Sunday, January 31st, 2010

Plenty of people make resolutions to lose weight, get a new job or make other things happen in their personal life, but relatively few make solid resolutions about money. Make 2010 the year you’ll live a better life financially. Here are a few resolutions to think about: Write down the things ...

The Federal Death Tax Might Be Taking a Holiday, But Keep an Eye on Your State’s Estate and Inheritance Tax Policy

Sunday, January 31st, 2010

With the 24/7 rush to get health care reform legislation through the U.S. Senate in the waning days of 2009, Congress let the federal estate tax die for 2010 as planned by the Bush Administration back in 2001. That’s not expected to stay the case for long – many experts ...