High Earning Opportunities for 50 Years Young

Becoming an entrepreneur is not an easy task for anybody. It requires finding the right business for you. After determining which field of business to pursue, entrepreneurs need to plan their business goals strategically. For the lucky entrepreneurs, who already have arranged their capital, they can begin to implement their business plan. Let’s consider that you already have the capital to begin the business. So what’s the next step? Initially, start by implementing a smaller scale model of your business. Once the miniature version of your business plan becomes successful, all at once, expand extensively. Let’s look at some business

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Don’t Expect Medicare to Pay for Long-Term Care

A recent survey funded by The SCAN Foundation found close to four in 10 Americans, age 40+, believe Medicare and Social Security will pay for long-term care. The need for continuing care services and support to assist with activities of daily living will increase as the population ages. The group will require help with cooking, bathing, grooming, shopping, managing medicines, and toileting. Thirty-eight percent of the people surveyed in the 2016 Long-term Care in America report said they will rely on Medicare to pay. Correspondingly, 35% will count on Social Security and personal savings while 32% expects to depend on

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How to avoid mistakes with online bill payments

How to avoid mistakes with online bill payments

Donny sat down at his desktop computer at the end of the month as usual and began the process of paying his bills. Time was not on his side this day as his favorite football team prepared to take the field in 20 minutes. Soon, his friends would arrive to watch the game with him on television, and he still had to prepare game time snacks. With his mind on the upcoming event, Donny quickly moved through the bill payment motions. He opened up a web browser and sent one payment after another, including electricity, gas, water, telephone, and then

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Tips to Reduce Financial Elder Abuse

Tips to Reduce Financial Elder Abuse

Each day there are more and more scams affecting the ones we love.  Financial elder abuse is on the rise as scammers continue to target vulnerable seniors.  With increased information on the Internet today, more of our personal information can be used to take advantage of us.  Here are some great tips to reduce financial elder abuse: Good general tips/reminders to prevent fraud: Never give out personal information to anyone on the phone, mail or internet Never respond to an offer that you do not understand Ask for it in writing and pay only when you have received a performed

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Who should be the owner of the 529 plan account?

Who should be the owner of the 529 plan account

Do you hope to help your grandchildren pay for college someday?  As college costs continue to increase, more and more students are depending on 529 college saving plans, as well as expecting to qualify for federal financial aid. For those students fortunate enough to have family members that are able to help contribute to a 529 plan account, the question often arises as to who should own the 529 account – a grandparent, a parent, or the child themselves? This question becomes difficult to answer when the student also needs to qualify for federal financial aid. To compound this even further,

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Tips to Make Money Last

Most of us want to stretch the dollar and lessen expenses. To have enough money to cover all the bills with enough left for travel, entertainment, and fun. The truth is that prices increase more than our income does. And some of us have trouble covering rising costs. I know what it feels like to struggle with inflation and rising costs. It is exhausting. Here are a few ways I found that helps me keep more money in the bank. Budget -- create a list or spreadsheet and plan how you want to spend money. Keeping and following a budget

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How to Spot Financial Elder Abuse

How to Spot Financial Elder Abuse

Last week's column discussed telephone fraudsters and other senior scams to watch out for, especially this time of year. Unfortunately, older individuals are easy targets because we're lonely and miss the constant companionship we enjoyed at work. Or we're lonely because the spouse has passed and the adult children have busy lives. How to Spot Financial Elder Abuse That leaves seniors open to a seemingly pleasant, trustworthy, and slick professionals who use the telephone in a friendly and engaging manner and traps us with kind words and attention. Scammers are smart and well-trained. They know exactly what to say to get

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How to keep your mobile device away from criminals

It’s a beautiful morning and you decide to visit your favorite beverage shop to enjoy a tasty treat. With your go-juice in hand, you move to an empty table and sit down. You pull out your mobile phone to catch up on emails and read the latest news when you realize you forgot to get napkins. Leaving your coffee and phone on the table, you walk to the nearby counter, pluck two napkins from a holder, and return to your seat. As you approach your table, you move to set the napkins next to your coffee when you realize something

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How to Stop Money Scammers

How to Stop Money Scammers

Why scammers get away with their crimes – and what you can do to stop them! It’s not always easy to avoid scams. Criminals are tricky, aggressive, and they’ll say whatever they have to that will convince someone to hand over their hard-earned money. If one of these scoundrels rips you off, what will you do about it? How to Stop Money Scammers Everyone has the potential to become a victim of a scam, including you. I’ve seen countless stories come across my desk of victims who refused to believe that scammers ripped them off until they’ve lost everything. Some

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