What an Accident Taught Me About Car Rental Insurance

If you’ve ever had to rent a car, you know that car rental companies love to sell insurance on their cars. They’ll often ask whether you’d like just the basic coverage or additional coverage at the counter even after you’ve already declined both when making your reservation. After all, it’s one of their big profit centers. Continue reading

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Posted in Money Saving Ideas, The Maverick | Tagged , , , , , | 2 Comments

A Tale of Two “Potential” Vacations

Last week, Susan and I took the kids on a family vacation to Amelia Island, FL for spring break. The kids work hard in school so it’s nice to be able to take them some place fun when they get time off. While a trip like this can be emotionally and physically welcoming, without a little preparation, it can be financially draining. Here is how we made this trip a memorable experience without breaking the bank.

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Posted in Money Saving Ideas, Rebel | Tagged , , , , , | Leave a comment

Pet Parents Need Insurance Too!

Does your company’s voluntary benefits menu include pet insurance?  Believe it or not, 4% of employers in 2011 did indeed offer pet insurance, according to SHRM’s 2011 Employee Benefits Study. Employees who have pets may welcome this benefit, since the ASPCA estimates that “pet parents” spend over $13 billion in veterinary care to keep their pets happy and healthy. Continue reading

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Posted in Employee Benefits, H.R. Guru | Tagged , , , , , | Leave a comment

Stay-At-Home Parents: Watch Out For These Two Things

With the twitter-sphere going crazy last week with the question as to whether a stay-at-home mom works or not, my thoughts naturally gravitated to the financial planning aspects of the situation. Stay-at-home parents may have it made when it comes to spending quality time with the children and not having to panic when the kids are sick since they are at home.  However, there are some unique challenges for the family that made the decision to have one parent choose the career of “parenthood.”  Continue reading

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Posted in Financial Planning, Money Diva | Tagged , , , , , | Leave a comment

3 Things to Know Before Choosing a Financial Advisor

Over the last 2 weeks, I’ve talked about investing.  Which firm is best? How do you view risk? So, I figure I’ll keep the ball rolling on questions I hear a lot about investing. Continue reading

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Posted in Basic Investing, Communicator | Tagged , , , , , | Leave a comment

How Much is Your Financial Advisor Costing You?

When a friend of mine recently told me that she had a financial advisor, I asked her how much he was charging her. At first, she didn’t think he was charging her anything. When she realized that he probably wasn’t helping her out of the goodness of his heart, she acknowledged that she had no idea how or what she was paying him and didn’t remember him ever discussing this with her. Continue reading

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Posted in Basic Investing, The Maverick | Tagged , , , , , | Leave a comment

The Curious Similarities Between Golf and Managing Personal Finances

Greg is on vacation this week so this blog contribution is provided by Scott M. Spann, CFP®, EA, one of our Resident Financial Planners at Financial Finesse.

Living in the coastal region of South Carolina (affectionately referred to as the “low country”) provides residents like me and our frequent visitors with an abundance of recreational, entertainment and cultural opportunities. I guess that is why our coastal communities like Hilton Head, Charleston, and Myrtle Beach remain popular retirement and vacation destinations for those seeking changes in “latitude” later in life. Walks on the beach, arts festivals, historic tours, boating, kayaking, fishing, and reading a book while lying in a hammock are just a few of the leisure options that I try to take advantage of as much as possible whenever there is downtime.  But when the azaleas and dogwood trees start to bloom and the sports world shifts its attention just up the road to Augusta, Georgia for the Masters Tournament like it did last week – golf occupies a significant portion of the leisure section of my brain. Continue reading

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Posted in Financial Planning, Rebel | Tagged , , , , , | Leave a comment

1 Week to Go – Remind Your Employees of the IRA Deadline

The IRS has given us 2 extra days to file this year due to April 15th falling on a Sunday and the recognition of Emancipation Day on April 16th.  This also provides a few extra days to consider contributing to an IRA.  Your employees are probably aware that any changes they make to their 401(k) contributions can’t impact last year’s tax picture but do they know about the ability to make a prior year contribution to an IRA and how an IRA contribution can increase their overall tax refund with a Saver’s Credit? Continue reading

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Posted in H.R. Guru, Workplace Financial Education | Tagged , , , , , | 2 Comments

Powerball: How to Cash in When You Don’t Win

My son reminded me that if you don’t buy a ticket, the odds of winning the Powerball lottery were zero.  He also said, “Someone has to win you know.”  He does have a point and that line of thinking is shared by many people who are in a frenzy buying lottery tickets even though the odds of winning a mega-jackpot are 175.7 million to one. I didn’t play the Powerball but I have to admit that I did buy into the California lottery pool with a bunch of my co-workers only because if they DID win, I wouldn’t want to be left behind. Continue reading

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Posted in Financial Planning, Money Diva | Tagged , , , , , | Leave a comment

Are You Taking Too Much Risk With Your Investments or Not Enough?

Last week, I wrote about which investment firm is the best.  (You’ll have to read the blog for the answer!)  As a part of that blog, there were some questions I left unanswered.  So I’ll address two of them today and the remainder next week. Continue reading

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Posted in Basic Investing, Communicator | Tagged , , , , , | 1 Comment