Cooperative Extension: Save Money, Spend Less http://umaine.edu/savemoney Information you can use, research you can trust. Wed, 13 Mar 2013 17:40:51 +0000 en-US hourly 1 Ways to Save Money While Entertaining http://umaine.edu/savemoney/blog/2012/12/18/ways-to-save-money-while-entertaining/ http://umaine.edu/savemoney/blog/2012/12/18/ways-to-save-money-while-entertaining/#comments Tue, 18 Dec 2012 13:19:52 +0000 extension http://umaine.edu/savemoney/?p=644 With the holidays just around the corner, you may find yourself being asked to attend potluck, parties, and the other such activities. The cost of these events can add up. Here are a few tips to save more and spend less on such entertainment.

]]> http://umaine.edu/savemoney/blog/2012/12/18/ways-to-save-money-while-entertaining/feed/ 0 When the Nest Is Not So Empty: When Kids Return Home http://umaine.edu/savemoney/blog/2012/10/18/when-the-nest-is-not-so-empty-when-kids-return-home/ http://umaine.edu/savemoney/blog/2012/10/18/when-the-nest-is-not-so-empty-when-kids-return-home/#comments Thu, 18 Oct 2012 14:57:40 +0000 extension http://umaine.edu/savemoney/?p=636 father and adult son; photo by Edwin RemsbergBetween 2005 and 2011, the proportion of young adults living in their parents’ home increased, according to the U.S. Census Bureau. The percentage of men age 25 to 34 living in the home of their parents rose from 14 percent in 2005 to 19 percent in 2011 and from 8 percent to 10 percent over the period for women.

Because the financial concerns of each member of the family affects the lives and plans for others, most situations need to be discussed openly while having a plan to work together and problem solve when needed. By working together, a family can help ensure that each of its members will enjoy as much comfort, respect, and dignity as possible with the living arrangement. Read more>>

]]> http://umaine.edu/savemoney/blog/2012/10/18/when-the-nest-is-not-so-empty-when-kids-return-home/feed/ 0 Spring Forward… Money Management Tips – Day 47 http://umaine.edu/savemoney/blog/2012/05/05/spring-forward-money-management-tips-day-47/ http://umaine.edu/savemoney/blog/2012/05/05/spring-forward-money-management-tips-day-47/#comments Sat, 05 May 2012 05:00:14 +0000 dkillam http://umaine.edu/savemoney/?p=612 Today is the final day of blogging for Spring Forward… with more Money Management Tips.  Have you been persuaded to build wealth and not debt?  Often savers who identify a savings goal will take the necessary action on a plan to insure they achieve it. For further encouragement, check out the monthly messages from America Saves e-wealth coaches at http://bit.ly/ASWCoach.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu
]]> http://umaine.edu/savemoney/blog/2012/05/05/spring-forward-money-management-tips-day-47/feed/ 0 Spring Forward… Money Management Tips – Day 46 http://umaine.edu/savemoney/blog/2012/05/04/spring-forward-money-management-tips-day-46/ http://umaine.edu/savemoney/blog/2012/05/04/spring-forward-money-management-tips-day-46/#comments Fri, 04 May 2012 05:00:11 +0000 dkillam http://umaine.edu/savemoney/?p=609 The only sure-fire way to get ahead financially is to spend less than you earn. Counting on a big inheritance or settlement, a wealthy spouse, a game-changing invention, or winning the lottery cannot be guaranteed. Every successful financial plan includes some type of savings. Are you an American Saver?  Join America Saves today at http://bit.ly/gliVkL.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu
]]> http://umaine.edu/savemoney/blog/2012/05/04/spring-forward-money-management-tips-day-46/feed/ 0 Spring Forward… Money Management Tips – Day 45 http://umaine.edu/savemoney/blog/2012/05/03/spring-forward-money-management-tips-day-45/ http://umaine.edu/savemoney/blog/2012/05/03/spring-forward-money-management-tips-day-45/#comments Thu, 03 May 2012 05:00:33 +0000 dkillam http://umaine.edu/savemoney/?p=605 Saving regularly is the key to financial success. Whether you’re accumulating an emergency fund or saving for a vacation, a car, or retirement, you’ll be amazed how fast your savings will grow with regular deposits. At any age, saving today is better than waiting! Start by participating in a payroll deduction plan at work and become an American Saver at http://bit.ly/gliVkL.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu
]]> http://umaine.edu/savemoney/blog/2012/05/03/spring-forward-money-management-tips-day-45/feed/ 0 Spring Forward… Money Management Tips – Day 44 http://umaine.edu/savemoney/blog/2012/05/02/spring-forward-money-management-tips-day-44/ http://umaine.edu/savemoney/blog/2012/05/02/spring-forward-money-management-tips-day-44/#comments Wed, 02 May 2012 05:00:15 +0000 dkillam http://umaine.edu/savemoney/?p=601 Money market funds are a popular option for savers. They are a type of mutual fund that invests in short-term government and corporate securities and pay market interest rates. Initial deposits generally range from $1,000 to $10,000 so you may need to save elsewhere first to accumulate the required amount. Get started by becoming an American Saver at http://bit.ly/gliVkL.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu
]]> http://umaine.edu/savemoney/blog/2012/05/02/spring-forward-money-management-tips-day-44/feed/ 0 Spring Forward… Money Management Tips – Day 43 http://umaine.edu/savemoney/blog/2012/05/01/spring-forward-money-management-tips-day-43/ http://umaine.edu/savemoney/blog/2012/05/01/spring-forward-money-management-tips-day-43/#comments Tue, 01 May 2012 05:00:29 +0000 dkillam http://umaine.edu/savemoney/?p=596 Where do people put their savings dollars?  Savings accounts and certificates of deposit (CDs) are popular choices. Accounts can be opened at financial institutions such as banks and credit unions. Rates of return vary among financial institutions. Generally, the longer the maturity on a savings product, the higher the interest paid. Become an American Saver at http://bit.ly/gliVkL.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu
]]> http://umaine.edu/savemoney/blog/2012/05/01/spring-forward-money-management-tips-day-43/feed/ 0 Spring Forward… Money Management Tips – Day 42 http://umaine.edu/savemoney/blog/2012/04/30/spring-forward-money-management-tips-day-42/ http://umaine.edu/savemoney/blog/2012/04/30/spring-forward-money-management-tips-day-42/#comments Mon, 30 Apr 2012 05:00:21 +0000 dkillam http://umaine.edu/savemoney/?p=592 It’s never too late to save money so choose to save today! The payoff will be worth it! Here’s an example. If you save $1 a day ($30 per month), you’ll have a little over $25,000 in 30 years assuming a 5% return. Bump the daily savings up to $5 ($150 monthly) and you’ll have over $125,000. For more information, visit Choose to Save ( www.choosetosave.org) and America Saves (http://bit.ly/fHbGQy).

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu
]]> http://umaine.edu/savemoney/blog/2012/04/30/spring-forward-money-management-tips-day-42/feed/ 0 Spring Forward… Money Management Tips – Day 41 http://umaine.edu/savemoney/blog/2012/04/29/spring-forward-money-management-tips-day-41/ http://umaine.edu/savemoney/blog/2012/04/29/spring-forward-money-management-tips-day-41/#comments Sun, 29 Apr 2012 05:00:43 +0000 dkillam http://umaine.edu/savemoney/?p=588 Many people have a can or jar of coins stashed away. This is a great way to save money and it’s painless. Simply empty your pockets or purse at the end of the day and save your loose change. If you want to go a step further, save a dollar a day plus pocket change. At the end of a month, you’ll have about $50 in savings. For more savings tips, visit the America Saves Web site: http://bit.ly/ASWTips

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu
]]> http://umaine.edu/savemoney/blog/2012/04/29/spring-forward-money-management-tips-day-41/feed/ 0 Spring Forward… Money Management Tips – Day 40 http://umaine.edu/savemoney/blog/2012/04/28/spring-forward-money-management-tips-day-40/ http://umaine.edu/savemoney/blog/2012/04/28/spring-forward-money-management-tips-day-40/#comments Sat, 28 Apr 2012 05:00:02 +0000 dkillam http://umaine.edu/savemoney/?p=584 Saving a portion of your tax refund is a good way to prepare for life’s unexpected events. When you get your tax refund, save at least half of it for irregular household expenses (holidays, tuition, water bills, home maintenance), emergencies, and/or future financial goals. For more savings tips, visit America Saves: http://bit.ly/ASWTips and become an American Saver: http://bit.ly/gliVkL

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu
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