The Money Mentor Blog

The Money Mentor Blog
3/1/15  Grab Bag
Should you give your child an allowance?

What are the pros and cons of giving your kids an allowance? What is the best age for kids to start getting allowances? Should chores be associated with allowances and how much money should you give? Learn some pointers to help you decide.

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2/26/15  Career & Education
Balancing retirement planning with your other financial goals

If managed wisely, your money could potentially go a long way. Want help to realize your financial goals? The key is to put a plan in place and stick to it. These tips may help you get started. 

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2/19/15  Savings & Retirement
Know your retirement rollover options

Your retirement plan may offer you several options for managing your retirement plan assets when you change jobs or retire. Understanding these choices will help you make the right decision. Learn more about the options available to you after you change jobs. 

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2/17/15  Savings & Retirement
Planning for retirement in your 60s

In Part Five of our five-part series on saving for retirement at different ages, we examine retirement planning strategies for those in their 60s. Learn about the benefits of working through at least part of your 60s and how you can get accurate estimates of your future Social Security benefits and some of the factors involved in deciding when to file for Social Security. 

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2/15/15  Housing
Starting veggies from seeds to transplant in your garden

An easy way to increase the savings realized from your gardening hobby is to start your own plants from seeds instead of buying plants at the local garden center or from a garden/seed catalog. Get some tips on container, soil, lighting and watering needs to start your own seedlings successfully. 

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2/10/15  Savings & Retirement
Saving for retirement in your 50s

In Part Four of our five-part series, we discuss retirement savings strategies for those in their 50s. Learn about tax-advantaged catch-up contributions, consolidation of "orphaned" 401(k) accounts from previous employers, and how your empty nest can help you to save more for your retirement. 

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