Getting the Best Value for Foreign Currency Exchange

As I walked through the airport a few weeks ago, the Travelex Currency Exchange booth caught my eye and gave me a great idea.  For a bon voyage for my stepson’s upcoming trip to Austria, I decided to get him some euros for pocket money so I checked out the rates. At the airport, 1 USD=0.6610 EUR but I wondered whether there might be an extra cost for the convenience of travelers getting euros at the airport.  Continue reading

Share it:
  • Facebook
  • Twitter
  • LinkedIn
  • StumbleUpon
  • Digg
  • Google Buzz
  • Yahoo! Buzz
  • Reddit
  • Posterous
  • email
  • Blogosphere
  • Live
  • Netvibes
  • Orkut
  • RSS
  • Technorati
  • Tumblr
Posted in H.R. Guru, Money Saving Ideas | Tagged , , , , , | Leave a comment

4 Ways to Plan For Long Term Care

According to the American Association for Long-Term Care Insurance, over 70% of long-term care insurance policies are applied for after age 54. Maybe it happens after the kids leave the nest or perhaps when other goals like retirement are realized but I believe most people don’t start thinking about long-term care until they’ve experienced it through someone else.  I’ve had my share of experience dealing with long-term care but my most recent encounter with Patty Smith (name changed to protect the innocent) has made me realize why it is so important to plan for long-term care before it is too late. Continue reading

Share it:
  • Facebook
  • Twitter
  • LinkedIn
  • StumbleUpon
  • Digg
  • Google Buzz
  • Yahoo! Buzz
  • Reddit
  • Posterous
  • email
  • Blogosphere
  • Live
  • Netvibes
  • Orkut
  • RSS
  • Technorati
  • Tumblr
Posted in Financial Planning, Rebel | Tagged , , , , , | Leave a comment

Traveling with Kids – 10 to Be Exact

My colleague, Rich, recently returned from a family road trip where he visited eight states from as far west as CO, as far south as NC, and as far north as upstate NY.  He and his family went to four Six Flags parks, three beaches, and three tourist sites and still had time for visiting family both immediate and extended. The amazing part: he did all this in 18 days…with 10 children and for less than $400 each! Continue reading

Share it:
  • Facebook
  • Twitter
  • LinkedIn
  • StumbleUpon
  • Digg
  • Google Buzz
  • Yahoo! Buzz
  • Reddit
  • Posterous
  • email
  • Blogosphere
  • Live
  • Netvibes
  • Orkut
  • RSS
  • Technorati
  • Tumblr
Posted in H.R. Guru, Money Saving Ideas | Tagged , , , , , | Leave a comment

Ask-A-Planner Mailbag

Many friends of Financial Finesse and readers of our daily blogs send us direct questions and various inquiries through our social media sites. Occasionally we will highlight some of the more frequently asked questions and provide you with a summary response.  In this version of the Ask-A-Planner mailbag, we will examine a couple of questions regarding Individual Retirement Accounts.  To help examine these questions, I thought I’d turn to Paul Wannemacher, one of our resident financial planners and a recent addition to the Think Tank at Financial Finesse, for some guidance.  Continue reading

Share it:
  • Facebook
  • Twitter
  • LinkedIn
  • StumbleUpon
  • Digg
  • Google Buzz
  • Yahoo! Buzz
  • Reddit
  • Posterous
  • email
  • Blogosphere
  • Live
  • Netvibes
  • Orkut
  • RSS
  • Technorati
  • Tumblr
Posted in Retirement Planning, The Money Doc | Tagged , , , , , | Leave a comment

Tipping Point – Could Restaurants Be Your Budget Solution?

One of the “hot button” issues in my personal budget is dining out.  If there’s one area where I overspend occasionally, it’s this area.  I live a pretty nice lifestyle and am fairly frugal but I do like the experience of going out to eat periodically.  I know I’m not alone because in my consultations with people, this is quite often brought up as an area where they can shave expenses and get a bit more fiscally responsible with their funds.  Continue reading

Share it:
  • Facebook
  • Twitter
  • LinkedIn
  • StumbleUpon
  • Digg
  • Google Buzz
  • Yahoo! Buzz
  • Reddit
  • Posterous
  • email
  • Blogosphere
  • Live
  • Netvibes
  • Orkut
  • RSS
  • Technorati
  • Tumblr
Posted in Communicator, Money Saving Ideas | Tagged , , , , , | Leave a comment

What to Do When Your Pension is Terminated

As traditional pension funds continue to go the way of the typewriter all across America, you may find yourself in the position of having to decide what to do with a pension plan that’s being terminated by your employer. Fortunately, that doesn’t mean the money disappears. It just won’t be added to anymore and you have to choose what to do with the money. While this may sound like the kind of thing you’d rather not deal with, these come with an expiration date and a default option that may not be your best choice. So let’s look at the pros and cons of some common options. Continue reading

Share it:
  • Facebook
  • Twitter
  • LinkedIn
  • StumbleUpon
  • Digg
  • Google Buzz
  • Yahoo! Buzz
  • Reddit
  • Posterous
  • email
  • Blogosphere
  • Live
  • Netvibes
  • Orkut
  • RSS
  • Technorati
  • Tumblr
Posted in Retirement Planning, The Maverick | Tagged , , , , , | Leave a comment

What Was I Thinking? – How Some Investment Decisions Are Made

Think about the last investment decision you made. Why did you make it?  Was it part of an existing investment strategy? Did you see somebody else do it? Perhaps it was done for you?  Continue reading

Share it:
  • Facebook
  • Twitter
  • LinkedIn
  • StumbleUpon
  • Digg
  • Google Buzz
  • Yahoo! Buzz
  • Reddit
  • Posterous
  • email
  • Blogosphere
  • Live
  • Netvibes
  • Orkut
  • RSS
  • Technorati
  • Tumblr
Posted in Basic Investing, Rebel | Tagged , , , , , | Leave a comment

Would You Scream for Free Ice Cream?

As the saying goes, “I scream, you scream, we all scream for ice cream!”  This comes from lyrics from a 1925 song by the Waring’s Pennsylvanians, an American band.  With July being National Ice Cream month, you don’t even need to scream to get ice cream and in some cases, a cold scoop could even be free! If you are in Portland or New York City, be on the lookout for the Ben & Jerry’s CoreTour scoop truck this week, which is traveling the East and West coasts this summer giving away samples of their core flavors.  Continue reading

Share it:
  • Facebook
  • Twitter
  • LinkedIn
  • StumbleUpon
  • Digg
  • Google Buzz
  • Yahoo! Buzz
  • Reddit
  • Posterous
  • email
  • Blogosphere
  • Live
  • Netvibes
  • Orkut
  • RSS
  • Technorati
  • Tumblr
Posted in H.R. Guru, Money Saving Ideas | Tagged , , , , , | Leave a comment

Welcome to the Financial Finesse Book Club

What has been on your reading list so far this summer? Last week, we looked at some recent financial blogs to help add some balance to your summer reading list and hopefully improve your finances along the way. Since I am often asked about recommended personal finance books, I figured why not summarize some books that my colleagues and I have read in the past few years. The good news is that many of these books are located at your local library so you can check them out for free. Continue reading

Share it:
  • Facebook
  • Twitter
  • LinkedIn
  • StumbleUpon
  • Digg
  • Google Buzz
  • Yahoo! Buzz
  • Reddit
  • Posterous
  • email
  • Blogosphere
  • Live
  • Netvibes
  • Orkut
  • RSS
  • Technorati
  • Tumblr
Posted in Financial Wellness, The Money Doc | Tagged , , , , , | 1 Comment

How Making Mac-n-Cheese is Like Investing

I was talking with my friend Diane recently and she told me a story about a visit she made to her daughter’s house.  Here is her email recap of a portion of that visit: Continue reading

Share it:
  • Facebook
  • Twitter
  • LinkedIn
  • StumbleUpon
  • Digg
  • Google Buzz
  • Yahoo! Buzz
  • Reddit
  • Posterous
  • email
  • Blogosphere
  • Live
  • Netvibes
  • Orkut
  • RSS
  • Technorati
  • Tumblr
Posted in Basic Investing, Communicator | Tagged , , , , , | Leave a comment