RSSAll Entries in the "Money & Consumer" Category

Still Supporting Your Adult Kids? 5 Steps for Cutting Them Off

Still Supporting Your Adult Kids? 5 Steps for Cutting Them Off

If you’re the parent of young adults, you may be wondering if the kids are ever going to make it on their own. It’s small comfort but, if you’re helping support grown kids, you’re in good company. Nearly 60 percent of American parents were financially supporting adult children, the National Foundation for Financial Education and […]

The Heat Is On: Protect Yourself From the Sun

The Heat Is On: Protect Yourself From the Sun

Nothing makes us feel more alive than the sun. Its brightness beckons us to come outside and play. Its rays warm our skin. Its energy promotes life on earth. But the sun can also be a real killer. “At 35, I had to treat skin cancer because of damage done under the age of 18,” […]

Does This Smell Bad to You? How Long Food Lasts

Does This Smell Bad to You? How Long Food Lasts

You got a killer deal on five pounds of bacon with your club card. Now you’re wondering how many strips your stomach and heart can take before those delectable applewood-smoked slices go bad. Have no fear: They will keep for up to a week in the fridge and still be delicious up to a month when frozen. Knowing how long […]

Spring Cleaning in  30 Minutes or Less…Guaranteed!

Spring Cleaning in 30 Minutes or Less…Guaranteed!

I know what you’re thinking: 30 minutes cannot possibly be long enough to complete all your spring cleaning. Well, that depends on how you look at it. Most of us don’t have endless amounts of time to spend cleaning our houses, and more than that, who really wants to? It’s not fun. So, what’s this […]

How to Deal With Medical Debt

How to Deal With Medical Debt

A broken bone, mental health therapy, a long-term illness, a car accident, a premature baby. All of these situations—and so many more unexpected ones—can land a family in medical debt. According to Wikipedia, “Medical debt is different from other forms of debt, because it is usually incurred accidentally or faultlessly. People do not plan to […]

10 Things We Spend Too Much On

10 Things We Spend Too Much On

All too often, we buy things we think we’re supposed to, and whenever there’s an emotional component involved, our tendency to overspend is enhanced even more. Think funerals, weddings, and engagement rings, just for starters. Read on for more examples of traditional purchases people routinely spend too much on and solid suggestions for cutting those costs. […]

You Want Me To Pay For What? What Your Parent's Financial State Can Mean for You

You Want Me To Pay For What? What Your Parent’s Financial State Can Mean for You

Tweet In the past few weeks, I mentioned to a handful of people that I was writing an article about laws that say adult children can be held responsible for their parents’ medical bills and long-term care, even if they don’t agree to do so. As a conversation starter at a party, this one drummed […]

Growing Up Online: How Texting Can Strengthen Relationships

Growing Up Online: How Texting Can Strengthen Relationships

By now, parents of kids with cell phones understand that texting has created new possibilities—and problems. Although research is sparse, a few preliminary studies suggest that, like other forms of communication, texting has the power to bring people closer. Depending on how it is used, it can also create and exacerbate conflict. In one recent, highly publicized […]

Dear Santa: Top 10 Gift Ideas for Caregivers

Dear Santa: Top 10 Gift Ideas for Caregivers

There is no denying, caregiving is hard work. Between full- or part-time jobs, doctor appointments, medical research, and the demands of everyday life, family caregivers are pulled in many directions, usually with little time left to rest, relax, and refresh—time they so desperately need. And caregiving during the holiday season is especially difficult. As you […]

College Save in North Dakota: 529 Plan Basics

College Save in North Dakota: 529 Plan Basics

A 529 plan is a tax-advantaged savings plan designed to encourage saving for future college costs. Legally known as “qualified tuition plans,” 529 plans are sponsored by states, state agencies, or educational institutions and are authorized by Section 529 of the Internal Revenue Code. All 50 states and the District of Columbia sponsor at least […]

Food Fight! Conventional vs. Organic Food

Food Fight! Conventional vs. Organic Food

They used to say, “An apple a day keeps the doctor away.” But the ever-changing landscape of food and nutrition might have us thinking otherwise. Now, it depends on which doctor you ask, if the apple was washed and peeled first, or if it was grown organically or conventionally. It seems a little confusing when […]

Why You Should Drive a Beater

Are you tired of having a car payment? Drive a beater. That’s what one of The Village Family Service Center’s financial counselors, Morgan Almer, does. He has saved thousands of dollars over the years. Right now Almer drives a tan, 1998 Buick LeSabre, and it’s going on 275,000 miles. “If you have a $30,000 car and […]

Money-Saving Vacation Tips

Money-Saving Vacation Tips

When it comes to a family vacation and managing a budget, planning is essential. Family vacations play an important role in keeping families close. Here are some ways not to break your wallet and make sure your time together is stress-free. Make Reservations: Making reservations ahead of time can save on dollars and stress. Be savvy about […]

Are You Financially Literate?

Are You Financially Literate?

Many recent developments in personal financial management involve technology. The U.S. Treasury is only issuing new Savings Bonds electronically; people receiving federal benefits must now accept their money electronically, instead of by check; and many consumers are opting to handle their basic financial needs online. Ask most teenagers and young adults what a check register […]

Paying For Grades: No. Yes. Maybe.

Paying For Grades: No. Yes. Maybe.

When it comes to giving your children cash for good grades, families have mixed reactions. The sides become as polarized as participants in a televised presidential debate. Some adamantly oppose the idea, stating that school should not be treated as a paying job. Others favor a cash incentive. Still others haven’t used money as a […]

Credit Scores: What You Need to Know

Credit Scores: What You Need to Know

One number can have a huge impact on how much you’ll pay for interest on a car loan, a home mortgage, insurance, and more. This number is your credit score. If you’ve rented an apartment, purchased something using the “no interest for a year” deal, or applied for a job where you handle lots of […]

Mastering the Auto Insurance Maze

Mastering the Auto Insurance Maze

Auto insurance: it’s something we all need but not something we all understand. Separating fact from fiction and making wise decisions when it comes to purchasing auto insurance isn’t easy—and it doesn’t help that we are barraged by gimmicky insurance company advertisements. For Progressive, there is Flo, the spunky brunette who loves tacos and giving […]

Mid-Year Financial Checkup

Believe it or not, 2012 is half over. That means it’s time for a mid-year financial checkup. Tax preparer Mike Johnson, EA ATP, owner of Money Matters (MN & ND), says a mid-year financial review is critical for families to reach their financial goals. “Most families spend more time planning a summer vacation than they […]

When it Pays to Hire a Pro: Five Things Best Done by a Professional

When it Pays to Hire a Pro: Five Things Best Done by a Professional

Some things in life are best left to the professionals. Though it may be tempting to save a few bucks by doing a project without professional input, there are at least five situations where you should consider using the experienced skillset of those in business to serve you. Retirement Planning Retirement planning is a strategy for […]

Start Saving Now

Start Saving Now

By Heidi Tetzman Roepke The temptation to spend money is everywhere. From the seemingly innocent daily stop at the coffee shop for a latte, to buying the latest electronic gizmo we “must” have, many of us spend more than we make. Debt snowballs, and soon we’re worried about making even the minimum payments on credit […]