Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

11 Best Things to Keep in a Safe Deposit Box

.11 Best Things to Keep in a Safe Deposit Box

by: Bob Niedt September 24, 2021

These valuables and documents, along with some items you hold dear, should be stored securely at your bank.

With digital records and cloud storage becoming the norm, the bricks-and-mortar safe deposit box might seem ready to join our growing list of things that will soon disappear forever. But don’t rush to declare the safe deposit box a relic of the past just yet. There can still be times when you’ll need to be able to produce certain original documents (including ones that have a raised seal) rather than digital scans or photocopies, and some valuables simply can’t be digitized.

Installing a safe in your home is one alternative to a safe deposit box, but they aren’t foolproof, says Luke Reynolds, chief of the Federal Deposit Insurance Corporation's Outreach & Program Development Section. Home safes are more susceptible to fire and water damage, not to mention theft, than bank safe deposit boxes, Reynolds says.

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If You Don’t Want an Emperor, Stop Giving Him Your Money

.If You Don’t Want an Emperor, Stop Giving Him Your Money

Notes From The Field By Simon Black May 4, 2022

Elon Musk may be the richest man in the world, but he has a long way to go before he catches up with Jakob “The Rich” Fugger — a powerful merchant banker who lived in the 1500s.

Fugger’s name rhymes with ‘cougar’, not ‘bugger’. Fugger was born into a prominent family in the Free City of Augsburg, part of the Holy Roman Empire. But he took his family fortune to unimaginable heights because he understood a critical concept: POWER. Most of Fugger’s competition at the time — traders and financiers across Europe — focused on accumulating wealth. Fugger focused on accumulating power.

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Game of Loans: 10 Money Lessons from Game of Thrones

.Game of Loans: 10 Money Lessons from Game of Thrones

Tawnya Redding 2019-03-30

Love it or hate it, this popular HBO series contains a wealth (pun intended) of very important social and economic lessons that we’d all do well to pay attention to.

Just like in the real world, the rise and fall of the different Houses vying for the throne is intertwined with money. In fact, Game of Thrones is somewhat unique in just how important the financial planning of the characters is to the various plot-lines.

So, just how real is this fantasy?

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Organize Important Papers in Case of Emergency

.Organize Important Papers in Case of Emergency

By NIH/National Institute on Aging

Help others find key documents and records if you are incapacitated

Based on content from the NIH/National Institute on Aging AgePage "Getting Your Affairs In Order."

No one ever plans to be sick or disabled.

Yet, planning ahead can make all the difference if you take an unexpected trip to the hospital or suffer a health problem making it hard to remember where you put everything. Good planning and organization is a gift to those who will help you manage your health and financial affairs if needed.

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Which of the 3 Financial Phases Are You In?

.Which of the 3 Financial Phases Are You In?

by: Kelli Kiemle, AIF® April 11, 2022

Knowing which of the financial phases of life you are in can help you better plan to build, protect and enjoy your assets, no matter what your age.

Every year we see the same months, holidays and seasons – it’s all pretty predictable. While you may not know when a winter storm will hit, you can usually count on chillier weather come winter. The same can be said for financial phases. While not always easy to predict, you can find patterns if you look for them.

But how does knowing a financial phase pattern help? When it comes to financial planning, the answer is a lot.

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25 Best Money Quotes and the Lessons They Teach

.25 Best Money Quotes and the Lessons They Teach

Tawnya Redding 2022-01-21

The best quotes inspire and motivate us. They share little nuggets of wisdom in a few words and get us to think in ways we wouldn’t have otherwise. From a quick laugh to a mindset shift, quotes may also be the nudge we need to make the changes we want to see in our lives. In the hopes of inspiring, motivating, and encouraging, we’re sharing the best money quotes and their lessons.

25 Best Money Quotes

1. It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for – Robert Kiyosaki

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Do's & Don'ts When You Increase Your Income

.Do's & Don'ts When You Increase Your Income

2 Things You Should Do (and 1 You Shouldn’t) When You Increase Your Income

Team Member Blog, Consumerism to Frugalism

Most of you would like to increase your income.

Whether you’re looking to make a career move, change companies, start a business, or simply move up in your current situation, making more money is likely one of the major factors in your job decisions.

Here at Money Saved is Money Earned, we know money isn’t everything and you shouldn’t live just for money. However, we also know that money plays a major factor in your ability to live the way you want.

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What Video Games Taught Me About Finance

.What Video Games Taught Me About Finance

By Becky Ferreira

Action-adventure and RPG games are packed with hidden lessons about real world wealth.

It started, as many adventures have, in the town of Blackwater on the shores of Flat Iron Lake. I walked into the Gunsmith’s shop to check out his wares and saw the most provocative and expensive weapon I had ever come across—an “explosive rifle,” on sale for $10,000. Despite the fact that there were many people depending on me, the reformed Wild West outlaw John Marston, to carry out errands for them, I became obsessed with raising the cash to buy the gun.

You may have caught on that I’m not referring to real places or people, but rather locations and characters in the 2010 Rockstar game Red Dead Redemption. Like many fans of the game, I was completely sucked into Marston’s world, which is why I was surprised by how easily the explosive rifle derailed me from the main storyline.

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4 Steps to Build a Resilient Financial Life

.4 Steps to Build a Resilient Financial Life

Krystal Barker Buissereth, CFA®, Head of Financial Wellness Sat, April 30, 2022

Life can throw you curveballs, bringing unexpected events and expenses. That’s why building financial resilience in your life can be so powerful — and it starts with learning to have a basic sense of how your finances work and what you can do to make them work better for you.

If you’re feeling a bit uncertain or overwhelmed about how to get your finances in order, the first place to start is to define your goals. What is it that you want to achieve? It may be sticking to a budget, paying down debt, saving for retirement, building an emergency fund or saving for a big expense like a car, a home or a child’s education.

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What Does The Recent Uptick In Foreclosures Mean For The Housing Market Now?

.What Does The Recent Uptick In Foreclosures Mean For The Housing Market Now?

Foreclosure Filings Are Up 132% From A Year Prior. Here’s What That Means For The Housing Market (And It’s Not What You Might Think)

Updated: May 1, 2022 By Alisa Wolfson

Plus, what to know if you are considering buying a foreclosure.

What Does The Recent Uptick In Foreclosures Mean For The Housing Market Now?

When we were reading through real estate data this month, three stats caught our eye. The first: That the number of active foreclosures (this is when the foreclosure process has begun on a seriously delinquent loan, but it has yet to be completed and liquidated) edged up by more than 7,000 in March — the first year-over-year increase in almost 10 years, according to mortgage technology, data and analytics provider Black Knight.

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3 Things NOT To Ask Your Financial Adviser To Do For You

.‘We cannot do that.’ 3 Things NOT To Ask Your Financial Adviser To Do For You

Alisa Wolfson Sun, May 1, 2022,

Financial planners can be integral to your financial success, but you shouldn't cross certain lines.

A financial adviser can do a lot of things — provide advice to help you manage your finances, execute trades on your behalf, create holistic financial plans based on your short- and long-term goals. But plenty of clients ask them to do more than that.

Grace Yung, a certified financial planner at Midtown Financial Group, says she’s had clients ask her to log into their accounts at other institutions. “I appreciate the trust, but we cannot do that for clients. We cannot have access to client passwords at other institutions or even share passwords within our firm,” says Yung.

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