How Much Money Do You Need to Retire?

 

 

http://www.dailyfinance.com/2014/08/22/how-to-calculate-retirement-savings/

35% of Americans Have a Debt in Collection

 

http://www.mainstreet.com/article/moneyinvesting/credit/debt/35-americans-have-debt-collection

Debtor Audit

 

 

http://www.justice.gov/ust/eo/public_affairs/debtor_audit/index.htm

3 Simple Tips for Shrinking Taxes

 

http://wallstcheatsheet.com/personal-finance/3-simple-tips-for-shrinking-taxes.html/

CNBC: 6 Ways to Solidify Your Retirement Portfolio

http://www.moneynews.com/Personal-Finance/retirement-portfolio-401k-stocks/2014/07/31/id/585998#ixzz39FCt4wxU

Households Lost Average of $50K-$120K in Great Recession

 

http://www.mainstreet.com/article/moneyinvesting/credit/debt/households-lost-average-50k-120k-great-recession

 

 as appearing in the Street

 

 By Christine DiGangi

NEW YORK (Credit.com) — As a result of the Great Recession, the average American household will have lost between $50,000 and $120,000 in earning potential, according to a letter from the Federal Reserve Bank of Dallas.
Those figures assume that the country's economic output eventually returns to its pre-recession trend path. The estimated loss nationwide is between $6 trillion and $14 trillion, and the Dallas Fed partially attributes that wide range to uncertainty of how long the recovery will take.

Self-employment helping boomers stretch retirement savings

 

http://www.cnbc.com/id/100946094

 

There is one way to avoid outliving your money: Work longer, on your own terms.
You may not want to or be able to retire at 65 or 67, but so what.

Cutting the accelerating cost of car insurance

 

http://money.cnn.com/2013/08/01/autos/car-insurance.moneymag/index.html?iid=SF_PF_River

 

 The five-year increase in the price of motor vehicle insurance -- 23.2% -- is more than double the 10.7% rise in consumer prices, according to the Labor Department.

Claims, however, are at best just keeping up with inflation, says the Consumer Federation of America's Mark Romano: "You're certainly not getting any more for your money."

Should you have an accident, make sure your coverage pays off.
Road to recovery

Man Writes Own Credit Card Contract, Sues Bank for Breaking Terms

 

 

http://www.dailyfinance.com/on/man-writes-own-credit-card-contract-sues-bank-for-breaking-term/

  

When you get a credit card application, you have two choices: You can sign it and send it in, or you can decide you don't like the terms, and throw it in the trash.
 

Shopping for a Business Bank Account With Fewer Fees

 

http://www.businessweek.com/articles/2013-08-12/shopping-for-a-business-bank-account-with-fewer-fees#r=nav-r-column

 

 

Question: Is it better to keep more money in my business bank account, or less? I don’t want to pay the stupid minimum monthly balance fee to the bank. The minimum is $15,000, which I can barely do. Is it worth the $17 fee per month, or do I have any alternatives?

The Cost of Chronic Disease

 

Chronic disease is a difficult challenge for afflicted individuals, and because of its pervasiveness it has also become a significant problem for the nation, causing 70% of U.S. deaths, according to the Centers for Disease Control and Prevention.
Chronic health problems such as cardiovascular disease, diabetes, obesity, cancer and kidney disease account for more than 75% of the nation's $2.7 trillion in annual spending for medical care, says Ursula Bauer of the Centers for Disease Control and Prevention.

Read more: http://www.foxbusiness.com/personal-finance/2013/08/09/cost-chronic-disease/#ixzz2bmG9emjk

Tips for Deducting the Home Office

 

The home office deduction seems pretty straight forward, but like most parts of the tax code, there are nuances and eligibility requirements that can make claiming the deductions difficult.
Last week, a client explained that he has a home office but he doesn’t have a specific place set up in his apartment for his business. He lives in a two-bedroom apartment with a roommate who inhabits the second bedroom. He works at the business sometimes on the dining room table, oftentimes on the couch in the living room and in bed late at night. He stores inventory in the laundry room. “So how do I determine the deduction?” he wondered.

Read more: http://smallbusiness.foxbusiness.com/finance-accounting/2013/08/09/tips-for-deducting-home-office/#ixzz2bmGXirOU

Common Pieces of Money Advice You Can't Afford to Follow

http://www.dailyfinance.com/2013/05/22/bad-financial-advice/

Few of us feel like financial experts, so when it comes to money matters, we generally welcome advice. The trouble, though, is that not all the financial advice the professionals dish out is sound, despite often seeming so. Below you'll find several examples of bad financial advice. There are plenty of others, though, so carefully assess any guidance you run across.

How To Pay Off Student Loans When You Have No Money, No Job, And Nowhere Else To Turn

 

http://www.businessinsider.com/what-if-you-cant-repay-student-loans-2013-6?utm_source=dailyfinance&utm_medium=referral&utm_term=&utm_content=703&utm_campaign=partner

 

  

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America is in full-on student loan damage control mode.

Faced with a $1 trillion student debt hole and college graduates entering the job market already $27,000 in the red, lawmakers are butting heads over the right way to give borrowers some much-needed relief.
But for anyone out there who is struggling to make payments on their loans today, chances are that help will be too little, too late.
Maybe you're out of a job, aren't earning enough, or simply don't know where to begin. What do you do if you can't pay back your loans?

5 Easy Ways to Reduce Your Health-Care Costs

Health-care costs are still outpacing inflation, but the growth rate is starting to decline.
Since the 1990’s health-care costs have increased at double-digit rates each year, but now PwC’s Health Research Institute is projecting a single digit growth rate of 4.5%. The slowdown is good news for consumers, and they can also pat themselves on the back for helping control the rise.  

Read more: http://www.foxbusiness.com/personal-finance/2013/07/02/5-easy-ways-to-reduce-your-health-care-costs/#ixzz2Y0CUNwlu

Having the Talk: How Boomers Should Approach Aging Parent Issues

 

Boomers who had a rough time getting through “the talk” with their kids might be in for a surprise: there’s another uncomfortable discussion they might face--this one with aging parents.
Telling parents that it’s not safe for them to drive, live on their own or manage their finances independently can be tough—but it’s a necessary conversation.
Too often, adult children avoid having the talk until it’s too late, which can make it hard to implement changes or get the required help.

Read more: http://www.foxbusiness.com/personal-finance/2013/06/20/having-talk-how-boomers-should-approach-aging-parent-issues/#ixzz2Y0CDhqK6

Taking Away Dad’s Checking Account

 

It’s one of the toughest conversations an adult child will have with a parent: helping mom or dad to understand- and accept- it's time to relinquish control of their finances.
The discussion is often fraught with emotion: anger, embarrassment, sibling rivalry and fear, just to name a few.
Moreover, it’s the kind of thing that tends to creeps up on you. Until the day it smacks you in the face. You drop by mom’s place and notice mail carelessly piled on the table; much of it appears to be bills. On the kitchen counter you find a bag stuffed with receipts and there’s cash scattered around. This is totally out of character for your neat-freak mom who insisted you straighten your room before you could go out and play. She taught high school algebra for 30 years. Now her apartment is a disorganized tangle of paperwork

Read more: http://www.foxbusiness.com/personal-finance/2013/07/01/taking-away-dads-checking-account/#ixzz2Y0BzjDpF

 

 

When Mom and Dad Disagree About Money

Dear Dave,
Our son is about to graduate from law school. He took out a loan to cover the cost, but we’ve been paying on it for two years to help him out. Right now, the balance on the loan is about $76,000. We could continue paying it off, but my husband is hesitant. How do you feel about this situation

Read more: http://www.foxbusiness.com/personal-finance/2013/07/02/when-mom-and-dad-disagree-about-money/#ixzz2Y0BYAtGR

The Law Office of Susan J. Salehi has helped 1000’s of people like yourself with Chapter 7 and 13 bankruptcies since 1992, both in the Santa Barbara/Ventura and Kern County areas. We offer a free consultation, reasonable rates and payment plans. All of your options will be explained during your free consultation with the attorney at the Law Offices of Susan J. Salehi. Start at only $999 Attorney Fees. Restrictions Apply. Stop Foreclosures with a Chapter 13. Operators 24/7. (805) 654-1467, (818) 880-8305, (661) 631-0252, (805) 202-4688.

'Debt relief' firms misleading student loan borrowers

 

http://money.cnn.com/2013/06/21/pf/college/student-loan-debt/index.html?iid=SF_PF_River 

 

 

Some 'debt relief' firms are charging initial fees of up to $1,600 to secure services that these borrowers could otherwise get for free, according to the report.

NEW YORK (CNNMoney)

Firms offering student loan "debt relief" are deceiving borrowers into paying hundreds or even thousands of dollars for access to free government programs, according to a recent consumer watchdog report.

The Law Office of Susan J. Salehi has helped 1000’s of people like yourself with Chapter 7 and 13 bankruptcies since 1992, both in the Santa Barbara/Ventura and Kern County areas. We offer a free consultation, reasonable rates and payment plans. All of your options will be explained during your free consultation with the attorney at the Law Offices of Susan J. Salehi. Start at only $999 Attorney Fees. Restrictions Apply. Stop Foreclosures with a Chapter 13. Operators 24/7. (805) 654-1467, (818) 880-8305, (661) 631-0252, (805) 202-4688.

www.bkhelpnow.com

http://www.dailymotion.com/video/xl3ljf_bankruptcy-lawyer-in-ventura-ca-susan-j-salehi_creation

15 Tips to Pump Up Your Too-Small Emergency Fund

http://www.dailyfinance.com/2013/06/24/emergency-fund-savings-tips/

 

 

Financial experts say your emergency fund should be big enough to cover at least three to six months' worth of expenses in case you get sick and can't work or you lose your job. Some financial advisors say an emergency fund robust enough to cover 12 months' worth of expenses is even better, but that's looking a lot like a pipe dream: A recent Bankrate survey revealed that just 24 percent of Americans have enough savings to cover at least six months of expenses, and 50 percent have less than three months' expenses saved up. And 27 percent are living paycheck to paycheck, without any savings at all.

The consequences of not having enough in emergency savings can be dire depending on the nature of your emergency. You may have to rely on credit cards if you have them, or the kindness of friends and relatives, or a high-interest short-term loan.

The Law Office of Susan J. Salehi has helped 1000’s of people like yourself with Chapter 7 and 13 bankruptcies since 1992, both in the Santa Barbara/Ventura and Kern County areas. We offer a free consultation, reasonable rates and payment plans. All of your options will be explained during your free consultation with the attorney at the Law Offices of Susan J. Salehi. Start at only $999 Attorney Fees. Restrictions Apply. Stop Foreclosures with a Chapter 13. Operators 24/7. (805) 654-1467, (818) 880-8305, (661) 631-0252, (805) 202-4688.

www.bkhelpnow.com

http://www.youtube.com/watch?v=hLzM0Hi6q10

http://www.dailymotion.com/video/xt679n_bankruptcy-attorney-ventura-oxnard-camarillo-santa-barbara_shortfilms