May 2010

Budget for Health Expenses

Even if you have insurance, health expenses can surprise you. Last year I used my vision insurance to visit the eye doctor for new contacts and glasses. I went in accustomed to paying around $200 a year for those expenses. I left with a $900 charge on my credit card (partly due to error and party because I switched to the “Rolls Royce” of contact lenses.) I checked…
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Manage Car Expenses with a Goodyear Card

I drive a Toyota with over 100,000 miles on it and it still runs great, but obviously a car with that many miles has also needed a lot of routine maintenance over the years. I’ve had to replace the tires, brakes, struts, belts, starter, and a few valves and sensors. Nothing major or unusual, but auto repairs can get expensive even if you expect them. A few years…
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Who Should Teach Kids about Money?

NPR’s Marketplace has been running a series called “Small Town Hall” where they talk to kids about money and financial issues. After watching several clips, I have to say, these are some really smart kids and I started to wonder who taught them these things. Then I wondered who should be responsible for teaching our kids about money. Parents and Money  Our first money lessons will come from…
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Crisis and Bailouts at the Carnivals

Since I hosted the Carnival of Personal Finance this week, I’ve only got two additional carnivals to share. First up, Money Hacks Carnival #31 hosted by Moolanomy. In addition to my post about saving money with Walgreens coupons, you might also like The Smarter Wallet’s tips for saving money with generic drugs. Next, the Festival of Frugality #144 hosted by My Two Dollars.  In addition to my post about creating financial windfalls, you might also enjoy FruGal’s…
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Money Market Accounts, Money Markey Mutual Funds, and Certificates of Deposit

Many people confuse money market accounts, money market mutual funds, and certificates of deposit. Although all three are considered the safe investments, they are not the same thing. Carefully consider all three before choosing the one that is right for you. In this post, I define each. Money Market Account A money market account, also called an MMA or a money market deposit account, is a savings account. These accounts are…
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That Makes Me Stabby: Credit Card Annual Fees

Last week, the news was abuzz about that Bank of America and Citigroup had followed through on their threats to impose new annual fees. Several other banks rushed to announce that they won’t be imposing fees. The very idea that one of my cards could slap me with a new fee just for having the card in my wallet and not using it really makes me stabby. My Policy about Annual Fees…
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