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Thursday, March 11, 2010

Living on a freelancer’s budget

Posted by admin on March 11, 2010

Chris and Janie Peterson have an enviable life. They own a lovely 3½-bedroom ranch house just outside Minneapolis and have work schedules flexible enough to allow them lots of time with their children, Reece, 10, Cecily, 9, and Georgio, 7.

Financial advice: The yes-man problem

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Experts have long counseled against using financial planners who charge commissions, given their incentive to simply sell products that pad their paychecks.

12 ways to cut your taxes

Posted by admin on March 9, 2010

The bright spot of the dreary 2009 economy: savings for everyone.

How Uncle Sam wants to boost your retirement

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Usually I cringe when our leaders in Washington try to help improve our finances. I’m afraid their efforts may do more harm than good. But two new ideas being discussed inside the Beltway could actually make it easier to prepare for retirement. Both center on the income you’ll generate from your 401(k).

43% say they have less than $10k for retirement

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The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday.

3 ways to save money this spring

Posted by admin on March 8, 2010

1. Book a sweet getaway

How to save on a classic watch

Posted by admin on March 5, 2010

With proper care, a good watch lasts virtually forever. But you don’t need to spend a bundle to own one.

How to retire early, save for a home

Posted by admin on March 4, 2010

Like many households, Wener and Tieun Vieux have suffered a few financial jolts of late.

The retired couple’s guide to livin’ the dream

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Question: My husband and I have been happily married for 28 years. Careful spending and sound planning over time has provided us with a very comfortable financial future. Although we’re compatible in many ways, our outlook differs when it comes to enjoying our money. I’m more of a saver and I hate to shop. I’m already retired, and when my husband retires in a year we’ll begin drawing on our retirement savings. Can you suggest some tips on how we can communicate effectively about spending our money? How do we assure that we’ll both have the independence to decide how we want to spend “our share” without judgment? –Margaret M.

Why diversification will work again

Posted by admin on March 3, 2010

Diversification, the notion of spreading your investments among different baskets of assets that don’t rise and fall in unison, has long been considered one of the safest and surest moves you can make with your portfolio. After all, if any one basket falls apart, most of your brood should remain intact.