Economics webBooks. How to Replace Six Vital Documents. This post is from GRS staff writer April Dykman. Could you produce your birth certificate, car title, or an old tax return at a moment’s notice? You’re supposed to store vital documents in a fireproof box or keep them in a safe-deposit box, but how many of us actually do that? We may not need these papers often, but when we do need them, we really need them. You need vital documents to sell your car, travel overseas, apply for a job, get through an audit, refinance your house, and more. The good news is that if you’ve lost important pieces of paper, you can replace them — and it might be easier than you think. Here’s how to replace six of the most important documents in your life. Birth certificate You need a birth certificate for everything from enrolling in school to getting a marriage license (if you don’t have a passport).
NameBirth dateGenderParents’ namesPlace of birth Replacing a birth certificate costs $10-$20, depending on the state. Plus one of the following proofs of citizenship: The 7 Most Expensive Investing "Truisms" You Must Ignore - The Huffington Post. Investing isn't complicated. But it is often counterintuitive. That's why some people stop trying to understand investing and just accept financial truisms (that are often anything but true). While this approach makes life easy at first, it can lead to needless losses and a lot of sleepless nights. Here are the top seven financial truisms you have to stop telling yourself and why. 1.
You don't need to be Einstein to figure out how to invest your money. 2. Your broker might indeed know what she's doing -- but then again she may not. Once you understand how to read your investment statements it will be easier for you to know. Use your gut. 3. If you are a Do-It-Yourself investor you might use index funds and ETFs because they are so inexpensive.
But cutting costs isn't your main purpose. Make sure you understand how the ETF or index fund invests. 4. Brokerage companies often make monthly statement complicated out of choice. 5. 6. There is one exception. 7. Neal Frankle wrote this post. David Cay Johnston: The Dangers Of Low-Interest Rates. (The author is a Reuters columnist. The opinions expressed are his own) By David Cay Johnston Jan 10 (Reuters) - The Fed's campaign to hold short-term interest rates near zero is a loser for taxpayers. A rise in rates would also burden taxpayers, but it would come with a benefit for those who save. Low rates keep alive the banks that the government considers too big to fail and reduce the cost of servicing the burgeoning federal debt. Low rates also come at a cost, cutting income to older Americans and to pension funds. Raising interest rates shifts the costs and benefits, increasing the risks that mismanaged banks will collapse and diverting more taxpayers' money to service federal debt.
No matter which way interest rates go, taxpayers face dangers. The federal government paid $454 billion in interest on its debt in 2011. Last week , rates took a step in that direction. Tax returns, too, show a disturbing, if logical, trend toward less saving. (Editing By Eddie Evans and Howard Goller) 233 Ways to Make Money. Many of our customers are entrepreneurs. In this post, I thought I’d try to light the entrepreneurial fire under some of our other readers by publishing the world’s longest list of ways to make money.
I aimed to include as many ways to make money that don’t require special training as possible (and I’ll add to the list over time so bookmark it now). Without further ado, the list… Update (April 20, 2011): We’ve grown considerably over the last few months and, accordingly, it’s time to scale our transcription team. If you’re interested in working as a transcriptionist for AudioTranscription.Org, please visit our transcription jobs page. Update (December 2, 2010): If you’re interested in this list of ways to make money, you might also be interested in our list of 277 ways to save money. 7 Ways Money Memories Can Affect Your Finances LearnVest. Growing up, my grandmother was a master seamstress, and I always had beautiful clothes without ever having to pay for them.
My taste for fine garments didn’t change as I got older, but it was a shock when I had to begin paying for them myself. I can still hear my mother telling me, “You have champagne taste on a beer budget.” I could have taken this as a warning to not spend money that I didn’t have. Instead, it felt as if I’d been told that I was no longer deserving of the finer things in life, which sent my sense of self-worth into a downward spending spiral. The consequences: $8,000 of credit card debt—along with disappointment, anger and blame. As children, we begin to form our beliefs and attitudes about money through value-laden messages that are passed on to us by our parents, grandparents and society.
What Money Memories Can Teach Us In order to move forward and navigate life with greater financial confidence as adults, we must look back. 1. My own is of receiving an allowance. 2. 5 Things to Do Every Decade for Financial Success LearnVest. 1. Chart Your Course As you look back on your illustrious career, also look back on any retirement plans you may have had at former jobs. When you’re in your 50s, retirement should become something of a single-minded obsession. Consider consolidating your various 401(k)s and retirement plans to get a clear picture of how much you’ve built up. 2. Assess Your Retirement Income Do you plan to keep working through retirement or will you have other sources of income, such as investments?
3. Depending on your other financial obligations in this decade of your life, see if you can free up additional funds to help kick your mortgage sooner rather than later, saving on the extra interest payments and easing your mind. 4. Whether you want to increase your home’s value on the market or simply enjoy where you live, take the time, effort and, yes, maybe even the money to make those improvements and upgrades you’ve always wanted. 5.