Posts Tagged 'simple dollar'

Good advice: open your statements

A bit of good financial advice from Trent over at the Simple Dollar:

Second, read all of your notices. Even though I’m supposedly on the “paperless” plan for several of my bills, I still receive oodles of statements and messages from these companies. Most of them are completely unimportant to me…

After a while, it’s very easy to become numb to all of it. Don’t. Open every one, read it over, and handle it appropriately. Yes, most of them will go in the trash can. Yes, you’ll often feel like you just wasted fifteen minutes of your life.

But for every fifty useless missives that you read, one will be very important.

We can stress strongly enough how important it is to at least look over your statements.

Sure, if you’re a customer at a bank, you probably get gobs and gobs of mail from them every month. Us? We send minimal mail. And you could get even less if you sign up for e-statements.

But even e-statements are important. You may have important noticed posted to your account under the e-statement system, so make sure you check it at least once a month.

Frugal tactics to save money this summer

Trent over at the Simple Dollar blog always has great personal finance tips to share. Check out his “Eight Little Frugal Tactics I’ve Learned This Summer” for some pointers on how to not spend a bunch of money, but still have a good time, during these warmer months.

Here’s one we can identify with:

Community festivals can be a very cheap way to spend a summer weekend, particularly ones near your home or ones that line up well with other planned summer trips. Just take along a sack lunch, watch a parade and the other activities (or even participate), and even sample some of the local fare by buying one and sharing it with the rest of your group. Even better, you can participate in events that push you a bit outside your comfort zone and let you try something a bit different than usual.

Great idea, Trent. In fact, we’ll give you a few ideas on some fun, free, family-focused activities this summer. His other tips include no-brainers like growing a garden, using scrap paper for kindling, and actually getting to know your neighbors. Imagine that.



American 1 Federal Credit Union