Flexo at Consumerism Commentary is giving away a sweet Quicken package to 5 lucky winners –
How’s that for a catchy title? My friend, Jodi Beggs, has begun a video series on intro to econ. If you even remotely are interested in learning about the “dismal science” then you ought to check them out!
Follow just a few of these suggestions and save thousands!
1. New Car
When: November or December
Why: Don’t, as many experts advise, buy this year’s model in late summer when next year’s models hit. There’s a year of depreciation on it already. Instead, wait a few months and buy the new model late in the year, when dealers are antsy to hit their year-end numbers. “Look for the vehicle in the far corner of the lot that hasn’t been washed,” suggests Jack Nerad, the executive editorial director for Kelley Blue Book. That means the dealer doesn’t consider the car a profit maker.
When: Monday morning, in summer
Why: You’ll be the only customer. “You can always save 10 percent on jewelry,” says Ken Gassman, president of the Jewelry Industry Research Institute. “But you can save as much as 20 percent if you negotiate when you’re alone.”
When: January 31 or August 31
Why: “Retailers are looking to make their monthly sales numbers and clear inventory to make room for new spring or fall lines,” says Marshal Cohen, chief retail and fashion analyst with NPD, a research firm. Shop when the store is empty and you’ll save up to 75 percent, Cohen says.
Welcome to the May 20, 2009 edition of Kids and Money. Do me a favor, would you? Please link back to this post, Stumble it, share it on Facebook, twit it on twitter. Or just click the ShareThis button at the bottom of the post. I’d appreciate getting more exposure.
Plus, you gain more exposure, too! And that’s really why you’re here. To be heard (or read, as the case may be).
Christopher B Williams presents Getting the Bait on Good Home Loan Terms Despite Bad Credit Score posted at The Real Loan Solution.
Chris McClelland presents 10 Reasons Your Bank Never Wanted You to Read This posted at Lucrative Investing.
John Russell presents No-Fault Auto Insurance Basics posted at The Low Cost Auto Insurance Guru, saying, “If you live in a state with no-fault auto insurance, you need to understand what it does and doesn’t do.”
Dr. Alan Singer presents When Mom is on Your Daycare Payroll by Dr. Alan Singer posted at FamilyThinking.com, saying, “Imagine the effect of paying your Mom to be your live-in Nanny for your twin girls like Dave and Kelly did. There is a lesson for kids, in that it’s better care (for the same money) to have Nanna look after you both than to drop you at a Day Care center each day.”
I can totally relate to this one. We’re in the process of choosing (again!) another day care center. We want our children (almost 2 and almost 4) to get the socialization and structured (somewhat) learning that a “pre-K” school offers, but man o man, none of them are close to ideal.
Chris McClelland presents College graduation: A diploma in one hand and a mountain of debt ahead. posted at Lucrative Investing.
While an education is a great differentiator, it’s not worth going into debt. Financial aide, scholarships, and very low-interest loans (as a last resort) are all viable means of funding a college education. Consider community colleges for a couple of years and finishing off at a state college or university. Live and eat at home. Commute.
Dan at Everydayfinance presents New Discover Current Card – Like Spying on Your Kids? posted at Everyday Finance, saying, “A new card out there allows parents to track their kids’ every move. This has mixed implications to consider.”
Jack Schmidt presents How to Know When You Need A Vacation posted at SectorMatic Money Journal, saying, “Personal Finance – Everything for the Big Spender on a Budget. Now you can live like a fat cat, even if you’re on a money diet. Laugh all the way to the bank with Jack Schmidt and SectorMatic. It’s for you!”
Patrick @ Cash Money Life presents Baby Coupons, Free Samples, and Discounts posted at Cash Money Life, saying, “Discounts, freebies, and coupons for baby items – including magazine subscriptions, diaper coupons, and more!”
Silicon Valley Blogger presents TradeKing Review: How Does TradeKing Measure Up? posted at The Digerati Life, saying, “Where should you open a new investment account for your child? I would suggest this brokerage because it has a wealth of investment materials and free tools that you can use once you sign up. It provides an awesome resource for budding investors to learn from!”
I agree. TradeKing is simply awesome. Very low cost, good tools, great resources…
The Smarter Wallet presents Kids and Money: Answering Your Children’s Money Questions posted at The Smarter Wallet, saying, “Thanks!”
freesoftware presents List of Best Free Software for New Computer posted at I Love Free Software, saying, “Here is a nice way to save some money in this economy – get all the software for free. This is the list of the best free software that you can install on your new computer. We searched all over the web, and compiled this list of best free software. Each one of these is best in its class, and still totally free. You are going to love these!”
Brian McKay presents Teen Drivers Are Hitting The Road posted at MonitorBankRates.com, saying, “In this country, cars kill more teenagers than cancer, gang violence, suicide, or drugs and alcohol. Hard to believe?”
Nope, not hard to believe at all. No doubt you, like me, know quite a few families devastated by this fact. Drinking and driving too fast are most often the culprits.
costseg presents cost segregation form 3115 | Society of Cost Segregation Audit Techniques Guide posted at Cost Segregation Audit Techniques Guide, saying, “read about form 3115 that is used in filling out segregation audits that are lately more and more popular on real estate market”
No kidding! But you’re doing your part here. Let’s keep on passing along the “I wish I had known…” advice!
That concludes this edition. Submit your blog article to the next edition of Kids and Money using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.
Things to note about this:
I use one stamp every 4-6 months, so the last roll I bought two years ago is still full. Bad move on my part.
Seriously, I don’t really use stamps at all. As an example of where I used to use a stamp but instead used my bank’s “bill pay” method, I “mailed” my friend a check for a fishing trip we’re going on; in the past, I would have filled out a check, rummaged through the house for an envelope, found a stamp, licked the envelope sealed and stamp onto the front, written out his address and mine on the envelope, gone to the post office and dropped it off.
Whew, I’m tired just thinking about it!
This time, however, I signed onto my bank, typed in my friend’s address (I only have to do this once), told my bank how much to write the check for, and hit “submit.”
My friend got my check in the same amount of time it would have taken me to send it by mail. I don’t know how the banks can afford to do this, but since they offer the service for free, why not take advantage of it?