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Jill Russo Foster

Tips for Successful Personal Finances

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What Are Your Plans?

Taking time away from your regular routine is good for you.

American’s typically take less vacation than people in other countries.  We personally make vacation a priority.  It doesn’t have to be some big vacation.  It can be a variety of things – from a day off staycation or a weekend away to the trip around the world.  Here’s an article by Business Insider about the benefits of vacation.

I have a bucket list of things I want to do and/or see – from 1 day trips and exploring local attractions, to much bigger vacations.  For me, I want to see Waterfire in Providence, RI, visit the National Parks all the way to cruising the Panama Canal.  What’s on your list?

With Labor Day weekend upon us, what are you planning to do – plan some time that isn’t part of your normal routine and do something different.

Getting Ready For Storms / Winter

I understand that it’s summer.   I am a beach person and want to get in as much beach time as possible.  In addition to that, it’s time to get your home ready for the upcoming storms / winter months. So far this summer we have lost power twice – once on a hot humid sunny day and the other in a rain storm.  There is nothing worse, than not being ready.

Here are some things that we do at our house:

1. Get all the patio furniture cleaned and put inside if possible.  We have a lot – and most comes inside – but there are a few pieces that are too big and heavy.  For the pieces that stay out, we put those orange cones atop the table and cover with patio furniture covers.  This prevents the water from puddling up and having mosquitoes breed in standing water.  Make sure to secure the covers tightly.

2. Turn off the outside water and drain the lines.  You don’t want to have to call a plumber in the middle of winter to fix a frozen line.  Remember to bring in the outside garden hoses once you have drained them.

3. Clean those gutters before you have problems.  Scoop out the debris from inside (even if you have gutter guards), so that the water can flow easily.  Remember to clean out the down spouts too.  YOu’ll need to do this after the leaves come down to ensure that they are clean before the winter season is here.

4. While you are on your roof… Check for leaks that might need fixing, cracks, and moss growing in the roof (not a good thing as moss holds moisture and that can mean rot).  Don’t forget to look around the chimney. All these could become a major problem as we get into winter.  As I have told you, it’s easier to fix a small issue now rather than a major issue later.  You can either do this yourself or call a professional for help.  We have plans for next month to have our roof replaced.  Owning a home means planning for maintenance projects.

5. Get your heating systems tuned up and serviced before winter to make sure it’s in working order.  There is nothing worse than waking up to no heat on a cold winter morning.  Personally, this is one service plan we purchase and it includes a cleaning.

6. Caulk around the windows to seal up any drafts.  You don’t want leaky, drafty windows sucking the heat outdoors.  You should caulk every few years as preventative maintenance.

7.  Because winter storms can mean loss of electricity… You will want to check up on your emergency supplies – lanterns, batteries, flashlights, battery powered radio, warm blankets, non-perishable food with a manual can opener, bottled water, and matches if you want to cook on the barbecue grill.  This is something that you could need year round.

It’s much better to prepare ahead of time and do little projects now while the weather is nice. You don’t want to deal with emergency repairs in the winter.

I Love Free Things – How About You?

I really love finding a bargain and saving money.

Here are some of the things that we personally do:

  • Use the local and digit library.  We not only read books, we use it for so much more – magazines (no more subscriptions), audio books, downloading movies (save that fee too) and local passes for attractions in our area (saves or reduces that admission fees).
  • Exercising – we have outdoor free classes in the summer months – like yoga, zumba and more.
  • Making a picnic dinner for the beach or park before a movie.
  • Taking advantage of free days at museums and parks.

For more tips, read my book – 111 Ways To Save

Let me know what you do that save you money.

Another Data Breach – Was Your Information Compromised?

It happened again – this is NOT the first time and it won’t be the last!  Another data breach.  This time it’s Capital One!

So what should you do?

  1. When is the last time you changed your passwords?  Not only should you change them often, each account should have a different password.  Yes, you heard me – each one should be unique.  That way if someone gets your password, they won’t have access to all your accounts.
  2. When is the last time you checked your credit report and/or credit score?  You can monitor your own credit easily for free.
  3. If you are not planning on using your credit in the near future, freeze it.  Not only will they not be able to open an account, neither will you.  Remember to freeze all three credit reports.
  4. When is the last time you viewed your accounts?  Do you check them in between statements?  You should consider checking your accounts at least weekly.  The sooner you catch something, the easier it is to stop it.

Take some time to make a plan that works for you and do your research.  You may need to do other things to protect yourself. Here are some tips from AARP about the breach.

To be reminded to view your credit report three times a year, sign up for my newsletter and get a reminder email to check your credit report.

Going On The Road

Do you have a summer road trip planned?  Maybe you are taking the kids back to school.  Either of these situations or jsut in general, here are some tips to keep you and your car comfortable in these dog days of summer. 

Read 11 Cool Tips for Comfortable Summer Drive

You might learn something you never knew 0 I did.

Are You Part of the Equifax Breach?

By now you should have heard about the Equifax credit breach.  About 1.5 million people may have been exposed in just this breach.  Are you one of them?Credit Report Shock

First, if you are not sure, check to see if you were exposed.  Click here to check.

Then follow the instructions to submit your claim if you were exposed.  There are choices to make when you submit your claim, so take you time and read everything before making your choices.

Hopefully, you were not exposed, but if you were you need to act fast to submit your claim.

Summer Clean Out

In these hot humid days of summer, what are you doing?  We’re cleaning out (and making some money).

As you stay inside with the air conditioning, you could be doing something – cleaning out.  We’ve been on a mission to lessen our stuff. So far, this summer we ahve sold items online, had a tag sale and make several donations.  And there is more to go.

You can make money from almost anything, when you find the right buyers. Here are some examples of what I have personally done:

Sold an iPod Classic online.  First I looked at an electronics trade in, but I didn’t think it was the most I could get.  Sold it on Craig’s List.

Sold a woman’s Movado watch.  First brought it to a company that buys items. They offered me $40, when I said that wasn’t enough for me to sell, they upped the offer to $50.  I didn’t sell.  I took it to my local watch repair shop and they offered me $123.

Donated seller items such as office / back to school supplies to a local non-profit.  Donated older sheets / towels to the animal shelter.

Lots i=of items out of my house this summer, but still more to go.  Here’s some tips on making money from items in your home.

Teens and Money

Last week was amazing!  I had the privilege of working with 6 great high schools students in a 5 day workshop.  Listening and learning what they think and want to know about money, credit cards, borrowing, paying for college and so much more.  Thank you, Norwalk Community College for this opportunity.  If you missed this, I will do this again next summer.

Here is what some of the teens had to say:

“I learned alot about budgeting and finances”

” Good course very helpful”

“Learned about of new stuff and it was fun”

What do you teens know about money and finances?

99 Ways To Save

99 great ways to save 10th anniversary edition

Each year AARP offers great tip on savings.  This year’s list is out and it’s the 10th anniversary addition.  How much can you save with these tips?

AARP’s 99 Great Ways To Save

Upcoming Workshops

It’s going to be a busy July for me.  Do you or your teen want to learn about money and finances?  If so, I will be offering classes / workshops both in Norwlak and New Haven, CT:

For Teens:

July 15 – July 19, 2019 from 1:00 to 4:00 pm (Norwalk, CT)

Norwalk Community College  –  Welcome To The Real World: Teens and Money

 

July 22  – July 26, 2019 or August 12 – August 16, 2019  from 9:00 to 4:00 pm with one hour lunch break (New Haven, CT)

Integrity 1st Learning Support Solutions  –  Life Skills Boot Camp –   I will be teach the financial portion on both Mondays, July 15 and August 12.

 

July 22 from 6:00 to 8:00 pm (New Haven, CT)

Integrity 1st Learning Support Solutions  – Welcome To The Real World: Teens and Money

 

For Adults:

July 15 from 6:00 to 8:00 pm (Norwalk, CT)

Norwalk Community College  –  Budgeting To Create A Spending Plan

 

August 12 from 6:00 to 8:00 pm (New Haven, CT)

Integrity 1st Learning Support Solutions  –  Budgeting To Create A Spending Plan

 

For Norwalk Community College classes registration at call 203-857-7080 or please visit Norwalk Community College.

For Integrity 1st Learning Support Solutions class registration call 203-800-4100 or  please visit Integrity 1st Learning Support Solutions

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Email: jrussofoster@gmail.com or use this form.

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