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5 Must Follow Home Energy Savings Tips for Summer

Everyone can take a few key steps to lower the amount of energy they use in their home. While you are reducing your carbon footprint, you will also be reducing your monthly utility bills.  Check out these five home energy savings tips for summer that are a win-win for everyone.

Replace those old air filters!

It may seem like a no-brainer, but many people overlook the main air filter on their air conditioner.  When the air filter is dirty, the unit has to work much harder to push the air through the dust and dirt.  Unfortunately, air filters are not quite as cheap as weather stripping.  If you want to avoid this cost, simply clean the filter regularly yourself.  It is recommended that this be done every three to four months to keep it from getting to the point of no return.  A good way to remember is to perform the routine cleaning on the first day of each season.Continue Reading

What is the Consumer Financial Protection Bureau and How Will it Help You?

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In an attempt to correct the deficiencies that led to the financial crisis, the United States government has added a new agency to the mix. The U.S. Consumer Financial Protection Bureau (CFPB) was created this year as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and takes affect July 21st.

The broad purpose behind the creation of the CFPB is “to address failures of consumer protection by establishing a new financial agency to focus directly on consumers, rather than on bank safety and soundness or on monetary policy.”

The bureau will operate under the Federal Reserve and its purpose, according to the agency’s website, is to:Continue Reading

8 Road Trip Money Saving Tips

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I like a good staycation as much as the next person, but sometimes what I really want is a good, old-fashioned road trip.

Getting out on the open road, heading for adventure, is one of my favorite ways to travel.  I rarely get tired of seeing new places and things.  However, a road trip can get expensive.  With planning, though, you can save some money on your next road trip.

Here are 8 road trip money saving tips to help you get the most for your road trip dollar:

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What is a Credit Card Number? It’s Far From Random

Sample Credit Card

Have you ever wondered if your credit card number is something totally random or if there is a system that determines what your number is?  Credit card numbers are pre-determined so that the credit industry can keep track of how many cards there are in what specific areas.

Let’s take a look at the question “what is a credit card number?”

Issuer Identifier

The first six digits of your credit card determine the issuer and are known as the Issuer Identification Number, or IIN.  The first set of the six digits will tell you the issuer of the card and the rest of the six digits will help identify which card from the issuer and where it’s from.  Each card has a determined length of digits.  For example:
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6 Things to Consider Before Retiring

After working long and hard for many years, the idea of retiring is very appealing.  However, you do not want to just decide to retire without proper planning. 

There are 6 important things to consider before retiring.

1. Volatility

If you are planning on retiring, the market volatility influences your retirement account when you have stocks or bonds.  The factors that impact volatility include the state of the economy, current events in the world, taxes, changes in the industry, political unrest, natural disasters and war.  Expanding your money out over different types of investments could help control the risk involved.  It is important to keep track of your portfolio, and make sure it is aligned within your goals.  Make sure your accounts are flexible, so you can make changes when needed.Continue Reading

The High Price of Professional Degrees on Your Finances

There was a time not so long ago when many parents wanted their children to become lawyers or doctors because of the prestige and high salaries those positions garnered.  We still often think of lawyers or doctors being wealthy, but behind the scenes, there can be a dramatically different story.  There can be a high price to a professional degree.  Read the following situations to see what I mean.

A Law School Drop Out

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HUD Emergency Homeowners’ Loan Program (EHLP): Home Loans for Those Facing Foreclosure

One of the most difficult things for many a homeowner during the recession following the recent financial crisis is that through job loss, or through underemployment, foreclosure might be imminent. In order to help those who are in danger of foreclosure due to income loss, the government is offering the Emergency Homeowners’ Loan Program (EHLP). This program is limited, though.  You only have until July 22 to get your preliminary application in, so you need to act fast!

Who Qualifies for HUD Emergency Homeowners’ Loan Program (EHLP)?

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