Economists have long looked for signals in unexpected places. During tough times, Leonard Lauder popularized the lipstick index — the idea that small luxuries rise when bigger purchases are out of reach. Here’s a new kind of measure: “the Going Rate.” How we give, tip and celebrate offers another lens into the economy alongside traditional […]
money
Posted inHome
Habitat for Humanity Store
I recently bought these colorful storage baskets at Belfair’s Habitat for Humanity for $8. Not the best deal, but it’s not easy to find the utilitarian gems. And, of course, it also contributed to a cause. Years back, the Habitat for Humanity stores seemed to focus only or primarily on utilitarian building supplies — doors, […]
Posted inAt Home
Common Misconceptions about Life Insurance
With the cost of most goods and services on the rise, straining many household budgets, families are likely looking for ways to cut expenses. But it’s important to make wise decisions before cutting, as some expenses are worth more than they cost and can provide a lot of benefits.
Posted inAt Home
Understanding the Real Estate Landscape
Trends in real estate and home buying go far beyond mortgage rates and home prices. Better Homes and Gardens Real Estate has identified several more trends that provide insight into today’s homebuyer and what they are looking for in a home. Who are the buyers? There is a big difference between a first-time buyer and […]
Posted inAt Home
How to Build a Healthy Money Mindset for a Stable Financial Future
Building and managing your wealth is a lifelong process that can have major implications for you, your children and other beneficiaries. While your path to building wealth should be tailored to your circumstances, this three-pronged approach from Freddie Mac can help you plan for a stable financial future. 1. Understand your money mindset. Understanding your […]
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How to Make the Most of Your Health Savings Account
It’s that time of year again: You feel the tickle in the back of your throat, think you’re coming down with something, and visit the local urgent care. They ask for a copay, and you pay it. But have you given any thought to how you pay for medical expenses? Enter the health savings account. […]
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How to Be a Philanthropist When Money is Tight
While contributing to a worthwhile cause is a common aspiration, actually doing so right now may feel unrealistic if you’re struggling with your own finances. According to an April 2023 Gallup study, 61% of U.S. adults said recent price increases have caused financial hardship for their household. This is up from 55% in November 2022, […]
Posted inAuto Talk
5 Tips for First-Time Car Buyers
If you ask anyone you know about purchasing their first car, chances are they’ll be able to recount every detail (good or bad) about the car and the process of how they got those keys into their hands. Purchasing a car is oftentimes one of the first major decisions for young adults. That said, car […]
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How to Avoid Being Tricked by a Familiar Voice in a ‘Grandparent Scam’
You may have heard about older adults being tricked into sending money to someone they think is a grandchild or other relative in trouble and thought to yourself, “How could anyone fall for that?” But the truth is, today’s advanced technology makes it easier than ever for scammers to trick their unsuspecting and well-meaning victims. […]