3 Year Subscription to Kiplinger’s Magazine for only $4.91!

Passwird.com has a link and promo code posted that allows you to buy a 3 year subscription to Kiplinger’s magazine for only $4.91!  I am not a huge fan of Kiplinger’s Magazine, because there are times when they encourage readers to go into more debt, but this was an offer that I could not pass up.  I signed up today for it, and I did not believe it until I checked out.  The trick is that you have to type in the promo code that passwird.com provides.  And NO, I do not get any kickbacks for this plug, i just thought that many of you would be interested in this offer. 

Budget Tip: Car Pool to Work

Let’s face it, gas prices are not going down any time soon.  I am starting to think that oil companies are going to leave the prices where they are at because we have already become used to paying $2.50 to $3.00 for a gallon of gas.  In the grand scheme of things, I wonder if that is truly is expensive.  In Florida, I pay up to $3.50 a gallon for milk.  Although, I don’t drink 14 gallons of gas per week, either.

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Alternative Ways to Starting Your Own Business

If you are like me, then you may have started out with a very formal way of thinking when it comes to entrepreneurial ventures.  The traditional school of thought is that you must have a business plan, have a substantial amount of capital, and be extremely organized and planned with your marketing plan.  I thought that all of these things were essential to starting and being successful with a new business, but then I listened to Steve Pavlina’s podcast about kick starting your own business. 

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Does Having No Debt equal a Longer Life Span?

Today in the news, a man from Los Angeles, California named Arthur Winston retired at the age of 100.  He worked in the mass transit system since 1934!  I did not even know they had a transit system in 1934.  In his 70 plus years of working, he had only taken one sick day.  I thought this was a nice story, but what really caught my attention was when they asked him what his secret was to staying alive and kicking for so long. 

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Finding Bargains on the Internet

Per my previous post, it is very easy for us to obsess so much over finding bargain, that it may not be worth it if you factor in the time that it took to you to search and find that perfect bargain.  If you are like me, you get very excited when you do get a rock-bottom deal whether in the store or on the internet.  Nowadays, it is much easier for us to find bargains on the internet, because there is less overhead to factor in the pricing equation than a traditional brick and mortar retail store.  A friend of mine at worked introduced me to some great websites that aggregate many of the best deals on the internet, and they are updated daily.  Many of you may already be familiar with these websites, but for the rest of you, I will post the web addresses.  I love sites that bring everything together into one website to search quickly and efficiently.  So check these sites out!  I don’t get any sort of kick-back for you clicking on these sites, it’s my little gift to you, tonight. 

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Shameless Advertising Plugs

Like many of us trying to make a little revenue back from the knowledge that we share on our personal financial blogs, I have a few advertising links on this page, but hopefully they are not annoying enough to deter the real meaning of this website, which is to help educate young people about personal finance. 

I am fairly picky about what advertisements that I choose to share on this website.  So, I thought that I would talk about each one, because I truly do think that they add value to this website.

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65% of Generation Y Workers Expect a Pension at Retirement

I do not know where these young people are, but they need to be knocked over the head with a frying pan.  Pension plans are a thing of the past with big corporations.  I am sure there are still some companies that offer them, but they are far and few between and declining as we speak. 

If you are between the ages of 18 to 34 and you are in the working world, you need to be contributing to a 401k or IRA plan.  You must control your own destiny when it comes to your retirement.  If you start early, you WILL retire a millionaire.  40 years of compound interest is amazing.  If you only saved $300 a month for 40 years, you will have a nest egg of $1,897,224.  And that is being extremely conservative with your monthly saving! 

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Question: Where Should I Park My Short-Term investments?

When it is all said and done, there are only two kinds of investments — long-term and short-term.

Long-term investments should be money that you are not going to touch for more than 5 years.  This category involves retirement planning and overall wealth building.  This money does not need to be as liquid as short-term investments, meaning you can put the money in real estate or a start-up business.

Short-term investments should be money that you need to be more accessible and readily available for you to use at short-term notice.  Short-term investments should be savings for things that are less than 5 years down the road.  This might include saving for a car, a down payment on a house, car/house maintenance, or other high dollar personal items. 

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Tips for Those Starting Their First Real Job

Many of you are coming out of college and diving into “the real world”.  I was anxious to see just how real this “real world” was when everyone older than me talked about it like some kind of far off never-never land.  Anyway, it’s real and it’s rough.  Getting your first real, well-paying job is a huge adjustment.  I sat through 4 hours of a benefits meeting, and I was LOST.  Once they start talking about 401k contributions, health/life insurance, and short-term disability, your head will be spinning.

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