Three Lessons I Learned From High School Economics Class

While I was in my senior year of High School I was required to take economics.  In this class as part of our curriculum we did two interesting things:

1) We split into teams and competed against each other in computer simulations based on business. We had to figure out the price as well as budget for R&D, advertising, etc… It was a little like the old Lemonade Stand game (which I mastered in elementary school), if you remember that, but obviously more complex.  We then wrote a collective group paper detailing what worked for our group and why based on economic principles.

2) We also had our own class-based business for the term. Our class product was little graduation stuffed animals (it was our senior year after all).  We all invested a small amount and put the product together and sold it to classmates and family. Continue Reading

9-11-01 Ten Years Later

If you normally stop by Free From Broke to read about different aspects of personal finance, well I’m not going to talk about that here.  Let me apologize in advance.  Feel free to move on to another site if you don’t want to hear about 9/11.  Really, I don’t mind.  (just come back tomorrow)

Ten years ago we had an attack on our way of living that changed our lives forever.  I know mine was changed.  How?  I can’t say entirely.  After ten years I still can’t pinpoint everything I feel about that fateful day.  I’m just going to write out some things in my head I’ve thought about.  Bear with me.
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Try Out Your New Lifestyle Before You Actually Live It

mom

Life can be full of financial changes that you must adapt to.  One of the best ways to make the transition smoother is to try out your new lifestyle before you actually live it.   Take, for example, the stories of two women, Jessica and Maureen.
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Where to Change Your Name After Marriage

Husband and Wife

The most common reason people change their names outside of being in Witness Protection is a bride after her wedding. Taking on your husband’s last name is traditional of a bride, and what many girls have been dreaming of possibly since their first date with the man of their dreams.  Changing your last name is much more than scribbling it on your notebook; there’s actually a lot of work that goes into it.  You have to make sure to change your name after marriage on important accounts and documents.
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The Cost of Clutter on Your Finances and Life

We are a nation of junk collectors.  Look around your house.  Do you see any clutter?  Are there things you own that you know you shouldn’t have purchased?  Are there items you purchased but have never used?  Look in the closet.  Are there any clothes with the price tag still on them?  Any non-perishable food you bought that you decided you just don’t want to eat?  Any expired food?

I thought so.

The Cost of Clutter

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Save Money on Vacation Plans with Frugal Staycation Ideas

Lego Indy On Vacation

I like to travel, but sometimes a vacation just isn’t practical. After all, a vacation can require quite a bit of planning — and expense.  You have to plan airfare (or pay for gas when you take a road trip), pay for hotel stays, and arrange for food.  All of this can become overwhelming as well as costly.  If you want to go on a trip, but know that a full-on vacation isn’t practical, you can plan a staycation.

Here are some ideas for frugal staycations:Continue Reading

What Is a Probate Lawyer and When Would You Use One?

At one point or another throughout our lifetime we hear about probate lawyers.

If you’re like most people you don’t pay attention until one day you’re faced with the inevitable – you need a probate lawyer.

So what specifically is a probate lawyer?

A probate lawyer manages the filing of the last testament or will of a deceased individual.  Sometimes there are some wicked disputes that arise from the disposition of property.  Basically a probate lawyer is an estate or a trust lawyer.

Far too many people do not think about finding a probate lawyer until someone has passed away.  When this happens, then there is a sense of urgency to hire a probate lawyer therefore not allowing time to shop around for the lawyer who will best represent your interests.
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