May 2010

Migrating from Blogger to WordPress and Other Good Reads

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It’s been a hectic month for me here at Saving to Invest. I recently moving blogging platforms from Google’s Blogger to WordPress. For non-bloggers this is akin to moving from an old style cell phone to an i-Phone like smart phone. Both do the basic stuff, but you get a lot more features and control [...]

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2011 Military Pay Chart with 1.4% Raise Over 2010 Rates

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[Updated Jan 2011] 1.4% Military pay raise in 2011 confirmed. The President and Congress have approved a 1.4% pay rise for our armed forces members (Navy, Marines, Army, Air Force, Coast Guard and National Guard) with additional compensation or incentives for service members to be made via one time special payments. The initial 1.9% pay [...]

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Top High Yield Interest Savings Accounts With The Best Yields and No Fees

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[Updated for 2011] With the gyrations in the stock market and depressed real estate market, many investors are wondering where to put their money other than a zero percent checking account. Fortunately there are still some good savings accounts available that provide a decent relative yield. Here are some great fee free, highly rated FDIC insured options [...]

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New 401(k) Fee Disclosure and Pension Funding Provisions in American Jobs and Closing Tax Loopholes Act (H.R. 4213)

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The U.S. House of Representatives approved legislation today that includes a provision to expose hidden 401(k) fees that may be eating into Americans’ retirement savings. The provision was part of the American Jobs and Closing Tax Loopholes Act (H.R. 4213). A majority of American workers rely on 401(k)-style plans to finance their retirements, but most [...]

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American Jobs and Closing Tax Loopholes Act of 2010 (HR 4213) Update – New Tax Breaks, Unemployment Insurance and Home Buyer Credit Extension

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[Update July 2010] – This bill – HR4213 – was passed by Congress and is expected to signed into law by the President. The bill, also known as the American Jobs and Closing Loopholes Act of 2010 originally contained a provision to extend unemployment benefits, as well as a number of expiring tax provisions, which [...]

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If Salary and Living Expenses Were Covered, What Would You Do For a Living?

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The title of this post was the basis for an MBA application question I recently answered. It really got my thinking about my career goals and aspirations. Here’s my response to the question, followed by some thoughts. What do you think and how would you spend your life if money was not a factor? If [...]

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Saving Money With a Government Backed Mortgage Through VA, FHA or USDA Loans

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The market for government loans is skyrocketing. More and more families are ready to settle down in their dream home, and government-backed mortgages seem like a way to make home ownership happen quickly and easily. Three loans programs in particular have become buyers’ favorites throughout the last few years: VA, FHA, and USDA loans. Whether [...]

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How Will Health Care Reform Affect My Employer or Company Sponsored Benefits?

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Even though President Obama and Congress have signed into law sweeping health care reform many employees are still in the dark about how their employer sponsored health care benefits will be affected and wondering when new provisions in the approved health care bills will go into effect. Rather than reading through thousands of pages of [...]

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Financial Habits and Values From Buffett Junior – Life is What You Make It

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A new book called “Life is What You Make it: Finding Your Own Path to Fulfillment,” is out by Warren Buffet’s son, Peter Buffett, who provides his philosophy on finances and how today’s money-rich (but time poor) parents should focus on teaching their children the right money/life values rather than give them everything they want. [...]

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Overcoming the Get-it-now, Pay-For-It-Later Mind-Set That Has Permeated The Nations Young

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This post’s title was drawn from a recent USA today article which looked at the debt issue plaguing our younger (“Y”) generation (20′s to 30′s) Interestingly, while the recession exacerbated their financial issues the cause is much more due to Generation Y’s mindset and poor personal finance habits. There were some startling statistics from the [...]

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