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stockfresh_4170119_what-is-next-black-marker_sizeM-300x200All the signs suggest that inflation is not going away but will be a problem for some time to come. We are all accustomed to low inflation figures, but 5% overall inflation and above is going to require adjustments to spending habits. The good news is that the changes are doable.

Some Worthwhile Ideas

We are not talking about dramatic changes to your investment portfolio. Instead, we want to look at what steps financial wellness. These are not complicated and can help anyone meet inflation challenges. Continue reading

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govWe know that many people would rather have a root canal without Novocain than deal with the government. Getting services from public agencies can be exasperating and there are times a person wonders why they should bother. Government is there to help and there are benefits such as reading tutors and transportation assistance that family members need. This might come as a shock, but you can get government help that you require without a lot of fuss. You simply must be ready to make the request.

Tips for Preparation Continue reading

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stockfresh_636353_stethoscope-laying-on-stacks-of-money_sizeS-300x200Older employees feel their age, which means medical care is becoming a priority concern. Medications, physical therapy, and other treatments become part of a person’s life after age 50, and people will worry about how to pay for necessary treatments.

Medical bills are nothing to laugh about. They are often costly, and some of the invoices can be in the thousands of dollars. Anyone who is used to paying off a bill as soon as possible can be shocked. Fortunately, there are ways to handle medical expenses, and they do not require a Ph.D. First, however, it is necessary to know what options are available to help deal with the costs. Continue reading

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stockfresh_3266726_benefits-concept_sizeS_39f284-300x200The 2019 workplace is a thing of the past. The pandemic and the urgency of hiring highly talented workers have created a new office environment, and employers are wise if they keep up with the times. Traditional benefits packages are expected, but employees want a little more to convince them to stay.

 

Group legal plans are benefits that employees will appreciate and use. These are more than just writing wills. A good group legal plan will include legal document review and help with government agencies, among other benefit options. This is great, but employers must remember that a little bit more is expected. Pre-paid legal services that offer extra benefits are what the average plan member has in mind. Continue reading

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sad-dollar-300x129Research has shown a person has problems whenever impulsive buying becomes a habit. These unplanned purchases can generate as much as 40 percent additional expenses. In addition, social media has encouraged the desire to buy things that are not necessary.

 

Social media is convenient; there is no question about that. Transactions are easier when the consumer already has credit card information posted in an account tied to the sales platform. There are some drawbacks. 

  Continue reading

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stockfresh_210865_mature-businesswomen-discuss-contract_sizeS-300x208Legal paperwork is not something that only major corporations or billionaires need to be concerned about. Many ordinary people encounter legal documents that have dire consequences should these pieces of paper be misunderstood or not followed. Everyone needs to accept that they must deal with legal agreements or conditions that a lawyer should review before they are signed.

Documents Needing Review Continue reading

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stockfresh_181218_last-will-and-testament_sizeS_72a2cb-300x225We have discussed the importance of simple wills considering the consequences of not having one. It is bitter medicine but needs to be swallowed, especially by younger employees. We want to take a moment here and point out the benefits of a simple will. There are some significant estate planning features of this document.

Primary Benefits Continue reading

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stockfresh_2142927_family-holding-a-sold-sign-outside-their-home_sizeS_62ad93-300x200Inflation is hitting home. The Wall Street Journal recently reported that mortgage interest rates are hovering around 5% nationwide. The American housing market has not seen these figures in over 10 years. Mortgage rate hikes are not yet cooling down the real estate market; house buying is still highly active. Nevertheless, homebuyers must be willing to look around for a suitable mortgage.

 

You Will Pay for What You Do Not Know

 

The house hunt for first-time buyers is like a walk in the dark forest. These people have little idea of what to do and where to look for a mortgage. Some great opportunities will thus pass them by. Continue reading

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stockfresh_3576539_stressed-female-graduate-holding-stacks-of-hundred-dollar-bills_sizeS-200x300Those with college loans recently got another breather from the Feds. President Biden has extended the college debt moratorium until August 31, 2022, and that is a welcome development for everyone wrestling with debt payments. There is still talk of loan forgiveness but be careful about banking on that. A better idea is to look at debt reduction and loan restructuring.

Hacking Down the Figures

Five and six-digit college debt amounts can be overwhelming, and a person may feel adrift in a sea of red ink. Fortunately, there are oars to help you get to calmer waters. Several programs that will assist those with large college debts are available. Continue reading

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stockfresh_8381213_senior-couple-smiling_sizeS-300x179A living will is an excellent thing to have. It will enable a person to indicate what medical procedures are to be used should they become unresponsive due to a medical crisis. The living will mandates when life-sustaining efforts should stop.

The instructions in a living will are helpful. Healthcare providers know what is expected of them because the guidance is clear. However, someone must decide when to implement the living will directions. It is the reason for medical powers of attorney.

The Decision-Maker  Continue reading