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Most investors know (or should know) the tried-and-true methods to build wealth. Shift money automatically from your paycheck to a savings plan; take advantage of your employer’s matching contributions to 401(k) plans; eliminate (virtually) all consumer debt; track and trim household expenses; reduce investment fees; and, of course, save more than you’re saving now. But Continue reading Net Worth: Four Ways to Build Wealth A new survey from the Affluence Collaborative that touches on wealth and happiness found that more than half the women said they get more satisfaction from saving money. When given a list of 22 activities that contribute to their current sense of happiness, shopping for luxuries ranked 20th, barely beating smoking. A third of the women in Continue reading Wealth and Happiness: Survey Shows Satisfaction from Saving Money I’m not the first one to note that health insurers’ use of the term “explanation of benefits” is an oxymoron. For my part, when I get an EOB in the mail, I scan quickly to the “patient owes” part and pretty much skip the rest. See the full article Many Americans pay far more than they have to for medicines. Here’s how you can save money. Part of the problem is that each health plan covers prescriptions using a different formulary and cost-sharing scheme, so consumers often only see what the co-pay is. But this is changing as more people become uninsured Continue reading Save Money On Prescription Drugs – Here’s How |
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