Key Considerations for Smooth Wealth Transfer Planning
By Tim McMahon |
Managing A Family Is A Lot Like Managing A Business
Juggling the responsibilities of managing your family as well as the demands of your job or business can be tough. But it can get less tiring once you understand how to apply common management principles to your home life. For instance there are many similarities to the different steps in project management, like clarifying the goals, the do and don’ts, etc. But it requires tons […]
Read MoreKnow Your Rights Against Home Intruders
Many people have traditionally used the term “burglary” to refer to the act of breaking into a property at night with the intent to commit crime. However, most states in the United States have broadened the definition of burglary to include illegal attempts to enter into a building during the day. Some of the laws […]
Read MoreUseful Tips to Get Your Finances On Track
Financial health is a function of both income and expenses. There’s no doubt that unless you control your spending, you can never improve your personal finances. Charles Dickens put it this way in his classic book David Copperfield, “Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought […]
Read MoreToo Much Stuff
Many years ago George Carlin had a comedy routine about too much stuff… only in America can people actually rent Air-Conditioned storage facilities to keep all the stuff they never use. Most of us accumulate way too much during our lifetime and at some point must make the difficult decision about what to keep and […]
Read MoreMoney Saving Tips for Labor Day Weekend
The following suggestions were contributed by the Plainfield Police as a public service. ~ Tim McMahon, editor Don’t Overspend This Labor Day Weekend After months of heat, during which Illinois and Missouri were some of the hottest states on record, we’re finally coming down on the last big weekend of the season. Labor Day weekend is traditionally […]
Read MoreBabies are Expensive- Adoption or Fertility Treatments- More So
Kids are expensive. Everybody knows this. In fact, budgeting for a new baby has become something of a science that many new parents are trying to perfect. Babies are expensive enough when they are produced naturally. When you have to factor in the cost of fertility treatments or infertility options on the other hand, that […]
Read MoreSelect your Bicycle Insurance Wisely
If you think bicycle insurance isn’t important, think again. Whether you ride competitively or just for recreation, choose wisely when going for bicycle insurance as it can be one of the most crucial choices of a bike rider’s life. 1.    Check the Policies for the Type of Riding You Do There are a variety of […]
Read MoreCanadian Tax Free Savings Account vs IRAs
A Tax-Free Savings Account or TFSA is designed to help Canadian citizens save money without undue tax consequences. It is a flexible investment vehicle that is similar to an IRA in the U.S. but allows multiple withdrawals without penalties. A TFSA can help Canadians accomplish short- and long-term investment goals. How Does A Tax-Free Savings Account Work? Money […]
Read More4 Simple Ways to Start Preparing for Retirement – Today
Even if retirement is still a few years (or even a decade or two) away, there are sound practical reasons to start preparing for it today. If you are in your 20s, or maybe your 30s, don’t think you’re too young. Many adults make this mistake and don’t begin preparing for retirement until they’re well in their […]
Read MoreTips for Buying Car Insurance
If you have limited funds, car insurance could seem like an outrageous expense. But if you get caught driving without it, it could cost you even more in fines, court fees, and even impound fees. Several factors influence car insurance rates and, if you are trying to insure an existing car, many of those things […]
Read MoreThe Importance of Life Insurance
Mortality is a universal truth. Everybody who is born is bound to die one day. The Bible puts it this way in Hebrews 9:27  “it is appointed unto men once to die, but after this the judgment.” But the sad part is that most of the people do not prepare for this eventuality. Realizing that our […]
Read MoreReverse Mortgages: A Lousy Investment that May Be a Good Source of Income
Can something be a “poor investment” but “not a bad idea”? In today’s article Dennis Miller looks at reverse mortgages and tells us that they can be exactly that. Although the odds may be stacked against you. To beat the odds check out today’s article. ~Tim McMahon, editor. Reverse Mortgages- One of the biggest challenges facing retirees is […]
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