Bank Deals 
0
comments

Whether you’re a novice saver or seasoned investor, here’s where to find winter’s best CD rates

January 24, 2016
Ever since the Federal Reserve lowered interest rates in 2008 to lessen the blow of the Great Recession, it’s been hard to earn much on your savings.

The Fed finally began raising rates last month. But since banks are slow to react, and more substantial hikes by the Fed will be rolled out slowly over the next several years, better yields are still ahead of us.

So where should you put your hard-earned cash in the meantime?

With the typical savings account paying a pathetic 0.10% APY, it’s definitely worth your time to find higher-paying options, such as certificates of deposit.

Nationally available bank CDs are paying as much as 2.30% APY this winter, while credit unions and community banks are offering local deals that pay nearly 3% APY.

There are also a number of strategies for smart CD investing, like starting out with small, regular investments or choosing a CD that allows you to earn a higher return if rates go up.

Let’s begin with the banks offering the best nationally available deals on three of the most popular CD terms: 1 year, 2 years and 5 years.
(Click to continue reading…)


 Retirement 
2
comments

New calculator helps answer a big question:

When should you start collecting Social Security?

January 14, 2016
Quick. At what age should you start collecting Social Security?

It’s not an easy question to answer, right?

Fortunately, the Consumer Financial Protection Bureau recently put out a calculator that helps you decide.

The tool allows you to explore how your claiming age impacts your retirement benefits. It also offers customized tips and provides next steps – somewhat of a guide for claiming Social Security.

Of course, when to claim Social Security is one of the biggest decisions many of us will make about retirement.

Indeed, claiming benefits is a one-time thing. Once you claim, there’s no turning back. That makes it crucial to carefully, and accurately, weigh your options.

“We want consumers to use our tool to know and understand what it means to claim at their full retirement age vs. several years before and several years after,” Richard Cordray, director of the Consumer Financial Protection Bureau, told USA Today.
(Click to continue reading…)


 Shopping 
0
comments

Start the year by getting cash back on your shopping

January 4, 2016
When you’ve grown accustomed to hearing and trusting that free lunches don’t exist, you look at any reward system with a suspicious eye.

The Internet, and most specifically online shopping, has changed that for the better.

Websites offer a multitude of ways to earn money, like taking surveys, linking to a site as an affiliate and offering you cash back or coupons for purchases.

I believe nobody should ever pay full price, so I love the companies that focus on bargains.

Cash-back sites help you save money.

What’s the catch, you ask?

There really isn’t one.

You choose a site and register on it, which should be free.

Then start shopping at your favorite retailer, assuming that store is on their list, or looking for a specific item.

These websites receive a commission for getting customers to merchants’ websites, and that’s where they get the money to give back to you.

Let’s see how each of the following cash-back sites work so you can get started shopping.
(Click to continue reading…)


 Personal Improvement 
2
comments

9 tricks to get a jump on 2016 money resolutions

Most people have some sort of financial resolutions at the start of every New Year, whether it’s to be debt-free or save more.

There’s something about having a clean slate when you flip to a new calendar year that can be quite motivating.

Here are some ways to evaluate your spending and put more cash back in your pocket – and you should start now, while you’re in the throes of holiday shopping.

Trick 1. Create a “fun fund” to cover small outings or extras that come up throughout the year.

You know how you’ve had to pass on that holiday brunch or happy hour because you’re flat broke this time of year?

You can find room in your budget next time if you start socking away as little as $5 a week now.

Physically put it in a jar, or set up an automated contribution to a separate savings account. I used this approach in 2015, and I saved up enough to enjoy a last-minute weekend getaway over the summer.

I’ve since replenished the fund and dip into it here and there for everything from salon appointments to dinner dates with my husband.
(Click to continue reading…)


 The Home 
13
comments

I’ve got to stop watching HGTV … It creates unrealistic expectations that make me hate my home

Want to enjoy your home more? Stop watching HGTV

I’ve been an HGTV addict for years. From House Hunters to Property Virgins and Rehab Addict to Property Brothers, I couldn’t get enough.

For the last few months, though, episodes of what used to be my favorite shows have been piling up on my DVR. When I try to watch an episode, I find myself shutting it off after a few minutes.

What’s happened?

I’ve realized that the shows I thought were light, easy-to-digest morsels that don’t cause me any stress — in contrast to the shows my husband enjoys, like Walking Dead and American Horror Story — are actually making me unhappy.

Every time I see a beautifully designed renovation on Property Brothers, I get depressed that my home doesn’t look like that and probably never will.

When I watch buyers tour turn-of-the-century craftsman homes with exquisite woodwork and coffered ceilings, my mass-produced box home seems so boring.

What’s more, these buyers are usually in their late 20s to early 30s, and they’re already getting their dream homes.
(Click to continue reading…)


 The Home 
0
comments

The ultimate tips for holiday tipping on a budget

It’s the most wonderful time of the year, they say, unless you’re talking about your finances.

From a money perspective, the holidays put a huge strain on family bank accounts, especially when all of those extras – like year-end tips – push your budget past its breaking point.

It’s so easy to get caught up in the holiday spirit of giving, or feel pressured into having to financially reward everyone with whom you’ve come in contact.

But while you want to find a way to thank everyone at holiday time, you shouldn’t have to deplete your limited cash reserves to do so.

January (and its fearsome pile of bills) is right around the corner.

That’s why I’ve learned to set aside extra funds to cover all of the holiday tips I want to give and to be a little stingy about who I reward.

Well, put in a more positive way, I’ve become more selective about who gets end-of-year tips or thank-you gifts, and to place reasonable limits on the presents I bestow.

Here’s how I suggest you do that.
(Click to continue reading…)


 Family 
0
comments

We’ll spend more celebrating the holidays this year … And our money goes to much more than gifts

If you plan on spending more during the holiday season this year, you’re in good company. But don’t blame it all on gift giving.

According to a new survey by Deloitte, Americans plan to spend $487 on gifts for others this year (up 6% from last year), but that only accounts for about one-third (33%) of what we plan to spend total.

Overall, the corporate consults say Americans plan to shell out $1,462 during the 2015 holidays – up 13% from last year.

So where’s the rest of that cash going?

The biggest ticket item, next to gifts for others, is attending holiday events away from home, which accounts for 24% of that budget, or $348.

Entertaining at home is the next biggest expense — $212 at 15% of the budget.

Purchasing clothing that is not a gift accounts for 12% of the budget at $182, while holiday home furnishings account for 9% at $124. And 8% of the budget goes into the “other” category ($110), which is any other holiday-related spending.
(Click to continue reading…)


 Shopping 
1
comments

Conquer gift clutter with practical presents

Every holiday season means that you get – and often give — lots of pointless stuff.

You treat your aunt to yet another sweater while adding to the mountain of Legos and action figures in your family room. Your spouse buys more jewelry or tech gadgets to add to the collection you hardly ever wear or use.

This year, vow to break the cycle of gift clutter by giving (and asking for) something more practical.

Don’t worry, this isn’t where we start explaining that everyone needs socks and underwear.

The trick to choosing a winning practical gift that doesn’t come across as cold or even insulting (seriously, no one wants a bathroom scale with a bow on it), is to really think about the person’s interests or what might make their life a little easier or more enjoyable.

On the flipside, if you want to be on the receiving end of gifts you can actually use, start dropping hints or create wish lists that provide your loved ones with some ideas.

Yes, it’s the thought that counts and all that, but if you can shape those thoughts just a little, it’s a better gift for you, and an easier shopping experience for your gift giver — win-win!

Here are some practical ideas to help with your holiday shopping.
(Click to continue reading…)


Advertising Disclosure: Bargaineering may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.
About | Contact Me | Privacy Policy/Your California Privacy Rights | Terms of Use | Press
Copyright © 2016 by www.Bargaineering.com. All rights reserved.