Some articles that caught my eye this week…
Important things to know as the baby boomer generation nears retirement. Be careful what you sign or you might find yourselves legally responsible for your parents’ health care bills.
Seems like my son’s last day of school was just yesterday, but it’s really not that long before summer vacation will be over. With the end of summer vacation comes the never-ending list of needed school supplies. One key to keeping school supplies from breaking the budget is to plan ahead. Don’t start shopping the night before school starts. Get the list of what will be needed and start watching for deals now.
The first rule of avoiding getting scammed is always remember if it sounds too good to be true, no doubt it is. It is always a good thing to look for deals, but use common sense. If you think you are getting great value for nothing, there is almost assuredly a catch.
Needing a little extra cash? Selling items through Amazon.com is one method that some have used successfully.
One thing that has become more and more clear is that you need to take responsibility for your own retirement. The days of 30 years and a gold watch with a pension no longer exist.
If you have a young person in your life heading off to college or if you are that young person, I challenge you to take whatever steps you can to limit the amount of debt that have. No debt would be best of all. It may seem like signing those loan papers is the easy solution, and you’ll have plenty of money later when you are working to pay them off. Sadly for so many though student loans have become a ball and chain that prevent them from reaching their dreams. Don’t do something as a 20-year-old that your 35-year-old self will deeply regret.