Some articles that caught my eye this week…
Every little bit helps when you are looking to pay off debt or to build up your savings.
When the debt is piling up and you are scared about your future, it’s very hard sometimes to think rationally. Having a plan to face it is the key.
Quitting your regular job to start your own business can be a great opportunity to increase your income and follow your dreams, or it can lead to a nightmare if done poorly. Jon Acuff’s book, Quitter: Closing the Gap Between Your Day Job & Your Dream Job, is one of the best books I’ve read on how to make this transition properly.
On the surface, prepaid debit and credit cards seem like a good idea. Certainly I like the idea that they enforce control of your spending. You can’t go into debt with a prepaid card. The problem is you need to read the fine print very closely. Most come with very exorbitant fees that can add up in a hurry.
Millions of seniors depend on Medicare for their medical care but the program has some real challenges. Part of the problem is that it is common for individuals to run up more in medical costs in the last year or two of their life than in all the rest of their life combined. Keeping Medicare solvent will become an increasing challenge for lawmakers in the coming years. One more reason why it is so important to make sure you are saving for retirement when you are young.
Solid advice for making sure you get the most value for your money.