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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review May 19, 2014 / 19 Iyar, 5774

7 money stumbles to avoid




http://www.JewishWorldReview.com | Everyone makes money mistakes. But missteps or miscalculations can cost you a lot over the long term and could inadvertently hurt your family when you're gone.

Consumer Reports offers seven ways to correct your missteps or at least mitigate the damage they can cause.

1. Not updating your beneficiaries. In Consumer Reports' recent nationally representative survey about Americans' money habits, 86 percent of respondents said they hadn't created their will and other estate-planning documents or updated them within the past five years. Even if nothing has changed in your life, every year you should check your beneficiary designations in your will, insurance policies, investment accounts and retirement plans such as 401(k)s.

2. Withholding information from family. The survey showed that in only 40 percent of households did both spouses know where to find details of their financial accounts, required passwords and keys to safe-deposit boxes. An easy solution is to designate a safe, file cabinet or safe-deposit box to hold all important documents and account-access information.

Communication between generations can also reduce hassles and misunderstandings. Yet just 37 percent of respondents with adult children said they'd told their kids where to find important documents, accounts and passwords. Adult children stand a better chance of gaining their parents' trust and helping them make plans if they get their own financial houses in order first.

3. Botching your 401(k). In interviews with Consumer Reports subscribers who've been successful savers and investors, a common refrain was to start saving early in life, invest consistently and put the maximum allowed into a retirement plan. But in the survey, two-fifths of respondents with 401(k) and similar retirement plans said they were investing 6 percent or less of their income, the typical ceiling for getting a full employer match.

Notably, a large percentage of survey respondents mentioned costly investment errors, such as buying or selling at the wrong time. Investing at regular intervals and holding over the long term is the most surefire way to avoid those mistakes and build wealth in a relatively risk-free way. 4. Underinsuring your home and your life. Only 36 percent of the homeowners surveyed said they'd purchased replacement-cost coverage, a more expensive homeowners insurance that provides replacement of your home with like-kind and quality materials. And only 20 percent have umbrella coverage against liability claims.

Two other coverages that should not be overlooked are life and disability insurance. Term life insurance is more economical than other types. Use an online broker such as Accuquote, SelectQuote, Find My Insurance or LifeInsure.com to compare premium quotes.

5. Not preparing for emergencies. Most Americans don't save even half a year's worth of living expenses. Saving a bit at a time -- say, $20 a week -- can help build your cash buffer. That money should go into an accessible bank or credit-union savings account.

6. Ignoring your credit report. Consumers can obtain a credit report from each of the three major credit bureaus -- Equifax, Experian and TransUnion -- free through the industry's official website, at annualcreditreport.com. To most efficiently monitor your credit, Consumer Reports recommends staggering your report requests to one every four months.

7. Mismanaging debt. Credit cards generate among the most expensive type of consumer debt; the average interest rate is about 14.3 percent, according to LowCards.com, a credit card comparison website. In spite of those lofty costs, almost half of the survey respondents with credit cards said they carry a balance on their cards.

To begin to free yourself from that balance, consider consolidating your debt with a home-equity line of credit; rates on HELOCs average between 4 and 5 percent, according to Bankrate.com. Focus on retiring your debt by paying more than the minimum due each month.

Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.


Previously:


How to make great choices in technical gadgets
Cancer screenings you should avoid
In tests of interior paints, newcomer outperforms big names
Unscrambling the latest egg advice
How to buy a coffee maker
Save big on eyewear
Car owners prefer independent shops
How to hear a whole lot better
Bargaining can reap big bucks
Surprising ways to cut your drug costs
Should you report that fender bender?
Great new sites for saving big
Better joints without surgery
6 surprising hazards in your home
Protect your good name online
Great car care gifts
How low car payments can hurt you
High-fiber cereals can satisfy your taste buds
What you need to know about prepaid cards
The only 2 rewards cards you really need
Can good bacteria fight a growing medical threat?
11 things every home should have
Dump your big bank and save
Beauty products you're probably using the wrong way

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© 2013, CONSUMERS UNION, INC. DIstributed by Universal Uclick for UFS

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