The economy has been like a roller coaster, going up and down, up and down due to worries over the pandemic. We are now officially in a recession. The market had a huge loss on 6/11/2020. What has my roller coaster ride been like? As the economy was falling in March 2020, I had a loss of approximately 18% in my investments. That’s a huge hit! As I experienced from the last recession, my thoughts are that the economy will…
Do It Yourself (DIY) projects are a good way to learn some new handy techniques, do some needed fixings, upgrade the aesthetics, and best of all save money that you would have paid someone else to do it. I’ve had my share of DIY projects like house painting, backsplash, hardwood flooring, and plumbing. And there will be DIY tasks that you learn and do on a regular basis like car oil changes, changing filters, patching drywall, and anything else that…
Are you one who likes the latest gadgets or like upgrading to the latest model of anything? Like a car, phone, camera, or computer? An article about the iPhone 12 was posted and I’m sure many people who like iPhones will enjoy the new design and features. You’ve probably seen the images of consumers waiting in long lines. This got me thinking about how can we enjoy the latest models of a phone, car, camera, computer, or any other item…
In a previous post I wrote that I opened up 529 plans for my children during the COVID-19 pandemic when the economy was impacted. I made the decision to open up these accounts because I thought the economy was going to recover and it was a good time to invest. The reason I opened a 529 versus an individual account is because of the potential tax breaks and that the gains are not taxable if used towards education. I didn’t…
While you are shopping either in person or online, have you asked yourself, “Am I getting a good deal or am I getting the best deal?” Do you find yourself at the checkout line register or in your final checkout cart ready to make your purchase, asking yourself, “Is this a good buy?” Whether we’re buying groceries, filling up our gas tank, reserving a rental car, purchasing a vacation, or finding a repairman, you want to get the best deal….