Here are some articles that caught my eye this week…
Not all store brands are created equal. I’ve had some that were pretty awful. But for the most part, my experience with store brands is there really isn’t much difference except the one on the price tag. Experiment. You might be surprised, and your grocery budget will be much happier.
As our parents age, one of the things that we need to consider is long-term care. A significant nursing home stay can crack a nest egg that your parents spent a lifetime building. The saddest stories are those where one spouse enters a nursing home, uses up most of the retirement savings, and then passes away. Now the remaining spouse is left with the grief of their loss as well as no savings to live on. If you are able to qualify, long-term care insurance can solve a lot of these problems. If your parents can’t afford to purchase it, it may be worthwhile for you to buy it for them.
You need to be aggressive about paying down your student loan debt. If you play around with it, you will wake up 20 years from now still paying on your loans. Don’t let student loans be an anchor around your neck for much of your adult life.
One way that it is possible to significantly increase your income is by owning your own business. At the same time, starting a new business is an enormous amount of work. Some people are more entrepreneurial in nature and having the freedom of being in charge is very appealing. For others working in a more structured environment of a more traditional job is more fitting to their personality and desires. There are many things you should consider before you decide to take the plunge.
College loans have been so normalized in our society that often young people don’t even give them a second thought. It is just a given that to get a college degree you have to have loans. But it simply isn’t true. There are options to get the education without a ton of debt. It saddens me greatly the number of young people who are mortgaging away years of their life in the name of education.
I admit. I like gadgets. But gadgets can be real budget busters, and often it seems you barely get the item home before there is a bigger and better version on the market. Refurbished items can be one way to get that electronic item without paying an arm and a leg. Some people are afraid of buying refurbished, thinking that they will be less reliable. For the most part though I have rarely had issues with the refurbished items I have purchased.