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Tips And Stories To Help You With Managing Money

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Job Hunting At 60 Plus

March 31, 2015 By Twila Van Leer

hire-meOlder job hunters will find it’s different from the same process when they were younger. There are some common mistakes that can be easily fixed. Among them:

You can’t both sit back and relax as if you were fully retired and look for work. Actively be seeking a job if that’s what you really want. Employers can spot the self-starters. Consult or do blogging in your field to raise your profile. And use the resources you have gained during your career. Network. Finding a job through an old associate or family member is the most likely route to a new position.

Don’t boast that no one can find you online. You want connections. Tweet, friend and otherwise connect. LinkedIn cited by 94 percent of recruiters in a group of 1,885 as their primary source for recruiting. Don’t confuse privacy with invisibility. Use social media.

Pay can be an issue. If you insist on making a job change and receiving the same salary, you may find your options limited. To balance the scales, negotiate for more flextime, vacation and other perks so you don’t feel the difference as much.

Don’t assume that you are bothering people by making your wishes for a job known. Use every resource you can call on, including those who associate with your children, church or social acquaintances, even store clerks or those who go to the same gym. Never pass up an opportunity (without being pushy, of course.) Even if the person you approach does not have a job to offer, he or she may know of someone who does. Facebook may be useful.

Don’t expect a long resume to impress a prospective employer. A two-page limit should allow you plenty of space to recap your work experience. A human resources representative is likely to spend only 20 to 30 seconds scanning it. Briefly highlight those accomplishments you feel were most beneficial to your previous employer. Don’t go back more than 10 years. And be sure your resume is neat and edited.

Apply even if your experience does not match the job description in every particular. The posting should be considered the ideal, but may not be requisite in every detail. A willingness to learn and a healthy work history are likely to weigh more in the mind of the hirer.

If you assume that patience alone will reward you with the perfect job, forget it. Don’t assume you can hold out for the absolutely ideal fit. If you try to recreate the job you had before, you will only be unhappy with anything new. Identify what part of your work experience is transferable and then develop an attitude that learning something new will be fun and exciting.

Filed Under: Careers Tagged With: Employment, Job Hunting

Amazon Home Services Marketplace

March 30, 2015 By Twila Van Leer

amazon-local-servicesAmazon has launched its Home Services (formerly Amazon Local Services). If you are looking for voice lessons, yoga classes, furniture assemble, mounting wall televisions, setting up baby gates, house keeping or even assembling those products you buy at Ikea, now you can order them directly on Amazon. You can list your services on Amazon if you are a service provider or you can look for services close to you. Using geo based technology, Amazon matches your queries with your zip code. How will this impact your lifestyle? Hopefully it will make it much easier for you to get help with simple to expert projects.

Amazon Home Services competes directly with Angie’s List and other online local services. The number of Amazon’s service categories and the number of cities in which they are offered are both ballooning. It will take some time for the public to get used to ordering local services this way and time for merchants to list their services on Amazon.

As of March 30, Amazon Home Services was available in Miami, San Francisco, New York, Houston, Seattle, Chicago, Washington D.C., Philadelphia, Boston, Dallas, Atlanta, Phoenix, San Diego, San Jose, Portland, Minneapolis, Detroit, Denver, Riverside, Tampa, Orlando, Austin, Sacramento, Pittsburgh, Nashville, Cincinnati, Charlotte and St. Louis. Other locations are being added regularly.

Quietly introduced in late 2014, the service initially featured service providers whose businesses could help Amazon shoppers with additional needs related to purchases, such as installers who could put up a new TV. The expanded program goes well beyond that concept.

Now the list includes such things as plumbers, home improvement sources, lawn and garden, auto mechanics, computer and electronics aids and yoga instructors. There is a “more” category for items that jibe with those listings. It includes such exotica as “goat grazing” and “singing performances.” The goal is to have a list for anything a customer is likely to need, including housecleaning and babysitting.

The introduction of the expanded service is a big step toward competing effectively in the on-demand economy. Amazon is partnering with some of the on-demand service startups, but not trying to replace them entirely. The approach is consistent with what Amazon has done with other initiatives, such as its online art store or the Amazon Sellers program. Experimentation has proved that the relationships can increase sales for small retailers of physical goods.

Amazon hand-picks the businesses it includes at its sites and ensures that they are licensed, insured and background-checked. The mega company had taken a 20 percent cut of services costing under $1,000 and 15 percent of those over that amount. But in conjunction with the new launch, service fees have been readjusted in three categories with varying fees. The company also has built in safeguards to assure the authenticity of user reviews and prevent spurious reviews by those who want to cause trouble for a competitor. Amazon shoppers buy services by putting them in an online cart so reviews can be authenticated.

The Amazon website says that prices quoted in the service are the same as those prospective customers would receive if they called the service provider direct. That answers some complaints from customers who sought services in the earlier phase of the program. Amazon also offers to match prices if the customer can find them cheaper elsewhere.

Filed Under: Business Development, Saving Money Tagged With: Amazon, business, entrepreneur, Local Services

How To Shrink Your Energy Bills

March 23, 2015 By Twila Van Leer

Lower your utilities bills by getting a programmable thermostat.
Lower your utilities bills by getting a programmable thermostat.
Winter may be on the downside this year, but it isn’t too late to trim your energy consumption and save money at the same time you are helping the environment.

Tips to reduce your bills while trimming your carbon footprint include:

Heating & Cooling

Invest in a programmable thermostat. It can be set to reduce heat when you are not going to be home. No point in keeping things toasty when there’s no one around. It could save as much as $180 per year. Some of these thermostats can be set by mobile device in case the situation changes during a day.

Home Energy Audit

Conduct an energy audit, with a professional to look at areas of your home that need improvement. Heat and energy can slip out of doors, windows and other outlets. Take steps to correct these areas. A professional will look at lifestyle factors such as preferences in heat levels and the areas of your home in which the most living takes place. It may be possible to decrease energy demands by sealing off some areas or by increasing insulation.

Check Your Windows

If your windows are letting in cold air, it may be worth your while to have double-paning installed or to change the windows outright. The investment will pay off over time as energy costs decline.

An alternative to complete replacement of windows is to use window film to reduce the amount of cold air coming into the house. Keep curtains and blinds closed as another step to minimize the infiltration of cold air.

Siding On The Outside Of Your Home

Another step that requires an expenditure up front but saves more over time is installation of vinyl siding on your home. More people who are determined to go green are choosing this option. Vinyl is low-maintenance and long lasting. And it meets the requirements of Energy Star incentives. It has one of the highest returns on investment among remodeling options.

The sun is your friend. Keep blinds and curtains closed at night, but open them during daylight to take advantage of natural heating. Be sure to seal cracks with weather stripping so the full benefit of the sun’s warmth won’t be lost.

Maintain Heating System

Do regular inspections of your heating system. It may not need replacing, but periodic maintenance can keep it functioning at full efficiency. Get advice from a professional to be certain it is in good working condition. Keep the furnace clean and vacuum filters at least once a month for best efficiency. Replace filters regularly and even oftener if they become dirty during high-use times.

A fireplace is good for supplementing heat, but also can let in cold air. Keep the damper closed when there is no fire burning so that cold air does not enter through the chimney. If you don’t use the fireplace, plug the flue and seal it to conserve energy.

Ceiling Fans

Change the direction of your ceiling fan, if necessary, to clockwise. That will push heat down to ground level and keep it in the house. During the summer, a fan should be revolving counter-clockwise to push hot air up to the ceiling.

Curtains

Investing in insulated curtains and area rugs when you redecorate is a long-term aid to energy efficiency. And training family members to be energy-conscious, including wearing sweaters to minimize heating needs, is part of the overall plan to cut costs. A sticky note or two in high-traffic areas can help keep everyone on the same page as you pursue your energy goals.

Filed Under: Budgets

Avoid Financial Troubles

March 13, 2015 By Twila Van Leer

budget-savingsKeeping your household out of financial hot water isn’t always easy and it takes the cooperation of an entire family. But it can be done and the best way is to keep on top of things and take steps to balance the picture before there is serious trouble.

These tips will help you organize and then recognize warning signs that might prevent upsets:

Create a realistic budget and then stick with it. A budget is not set in concrete and needs periodic analysis and tweaking to be certain it is still adequate. If there are changes to your income or new demands on the outgo, create a new budget to incorporate those changes.

Don’t buy on impulse. If you see something you feel you want, don’t make the purchase on the spot. Go home and think it over. Discuss with other family members. There’s a good chance you may, on reconsideration, come to the conclusion that you can do without the item.

Avoid sales. Purchasing a $300 item for $200 isn’t a $100 savings unless the item really is necessary. Staying away from temptation is easier than overcoming it on the spot with the item staring you in the face.

Get medical insurance if at all possible, even a stopgap policy with a big deductible is better than nothing in a medical emergency. Not having any cushion at all is inviting financial ruin if the emergency you hope will never happen happens.

Be very careful of charging. Charge only if you have the ability to pay for the item within your next pay period. Future income is always chancy. Try chucking all your credit cards or at least tuck them into a drawer and see if you can do without them for awhile. That exercise may help you look at credit in a different way.

Keep rent or house payments as low as possible. Promise yourselves something more elegant when your earnings have increased, then discipline yourselves to wait. If your mortgage payments keep you on the thin edge of your financial capacity, consider refinancing.

Don’t cosign or guarantee a loan for anyone else. Even though it appears safe that the other party will be able to handle the payments, a thousand things can happen. Your signature on the loan/sale makes you the primary borrower. The same holds true of entering into obligations with a spouse or significant other, particularly if you suspect he or she is not financially responsible. You’ll find yourself saddled with repayment if, for any reason, the other individual can’t or won’t pay.

Be careful of investing, particularly in such speculative ventures as real estate, penny stocks or junk bonds. Be conservative with your investments, sticking with certificates of deposit, money market funds and government bonds.

Filed Under: Budgets

307 Money Saving Tips

March 12, 2015 By Sherry Tingley

You’ve heard it all before, right? Money-saving tips can sometimes be plain boring. Maybe you’re all tipped out. But don’t be. Saving money is good. It is one of the elements of successful personal finance. Our editors have searched the web for the top ten articles on saving money and this is what they have found.

Article 1 – 55 Painless Money Saving Tips

1-dough-rollerSaving can be the key to achieving almost any financial goal, according to Rob Berger, a litigation attorney who founded DoughRoller.net. Comfortable retirement? Down payment on a house? A new car or stereo? You get there by setting a little aside periodically and faithfully and voila! It can happen and you aren’t mired in too much debt. It’s a truism too many Americans ignore. The national savings rate is at the lowest point since the Great Depression. Today’s cost of living makes eking out anything above expenses seem impossible. Prove the statistics wrong. Make saving a priority, find the money to do it and pay yourself first. You deserve it.

Article 2 – The Craziest Things You Did To Save Money

1-bankrateBankrate.com surveyed consumers and found six humorous stories about saving money. You will find stories about hot dogs, cutting out soda purchases away from home, collecting golf balls, cutting out smoking and strategic dumpster diving. You may never take these suggestions, nevertheless they will make you smile.

Article 3 – 54 Ways To Save Money

1-bank-americaBank of America advises in 54 ways to save money that you discipline yourself to save as much money as you spend on non-essential indulgences. In other words, slip an equivalent amount into the cookie jar as you spend on beer, wine, cigarettes, designer coffee and other things that you really could do without. At $4 per almond low-fat latte, the savings could soon be hefty.

Article 4 – 80 Small and Big Ways to Save Money This Year

1-pop-sugarSuggestions for saving money are some of the standard ways that we all know about, but some of their top suggestions include dropping your landline, renegotiating your cell phone charges and getting a home energy audit.

Article 5 – Savings Guide

1-practical-money-skillsBasic advice about achieving any financial goal can help you save for a down payment on a house, a new car or stereo or a comfortable retirement.

You can have what you want without getting bogged down in debt when you find money to save, make savings a priority, and pay yourself first. Paying yourself first means to automatically transfer a portion of your earnings into a savings account every month.

Article 6 – 8 Simple Ways to Save Money

1-bank-americaThe first step in saving money is to know how much you’re spending. One added tip here is to check your savings progress every month. Every family will have different goals and priorities. You have to decide which ones are most important to you.

Article 7 – How to Save $1,000 in One Month

1-dave-ramseyWant to save $1,000 in one month? Dave Ramsey tells you how in a basic approach that depends on you focusing on your goals and believing you can achieve them. One of the fastest ways to reach this goal is to increase your income. Any number of ways are available for that one, including holding a garage sale or posting an ad on Craigslist.

Article 8 – 10 Ways to Save Money on Groceries Without Coupons

Kiplinger's Money Saving TipsSaving money on groceries – without coupons – is the subject of a Kiplinger slideshow. It aims for an audience that doesn’t want to spend the time and effort that coupons require or that generally buys items that don’t routinely show up in the coupon arena.

Article 9 – Your Guide To Saving Money

1-real-simpleRealsimple.com has a money savings guide for those that wake up in the middle of the night worrying about paying for college for their children or  paying their mortgages or car payments. Helpful starting steps: Start an emergency fund. With adequate emergency savings, your “Oh S..T” moments are under control. Set aside at least 3 percent of your earnings for retirement.

Article 10 – Little Steps: 100 Great Tips For Saving Money For Those Just Getting Started

1-the-simple-dollar
Coming up with a hundred ways to save money seemed to be no problem for Trent Hamm. His recent article at the SimpleDollar leaves no stone unturned. Programmable thermostats save on energy bills. Cancel unused memberships. Don’t go to shopping malls to relieve stress or to entertain yourself.

If you have taken the time to read any of these articles, you will notice the same basic similarities in all of them. Budget. Set Goals. Economize. Share with us  your favorite money savings articles.

Filed Under: Best Of The Web Tagged With: Best Of The Web, Saving Money

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