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WHEN DISASTER STRIKES, STRIKE BACK
Stocking up on plywood, flashlights and extra batteries isn’t the only thing residents need to do in order to prepare themselves for hurricane season. Part of disaster preparedness and disaster recovery also includes financial planning. Take a look at the disaster preparedness guide and disaster recovery guide sponsored by the American Institute of CPAs and the Red Cross. There’s no time like the present to prepare
for the financial setbacks these big storms may bring and plan ahead for post-hurricane dilemmas.
Disaster Preparedness Guide
Disaster Recovery Guide
GET TO KNOW YOUR CREDIT SCORE
In these uncertain financial times, even those with excellent credit histories may have trouble getting a mortgage or other type of loan. That’s why it’s important to know your credit score and the effect it may have on your checkbook. A low credit score could be costing you money. People with poor scores usually pay higher interest rates, which translates into larger monthly payments for a mortgage or an auto or student loan. Poor scores can also cause you problems when renting an apartment, signing up for a cell phone plan or even getting the job you want. Click on the links below to learn about the ins and outs of credit scores and ways to improve your overall score.
The Ins and Outs of Credit Scores
Steps to Improve your Credit Score
AVOID MONEY MISHAPS WHEN CHILDREN MOVE BACK INTO THE NEST
It’s graduation time, and many college graduates are returning to live at home for the first time in several years. Once upon a time, many of these graduates quickly moved on to their own digs, but today that trend is changing. Because of an uncertain economy, many young adults have decided to spend a few years living with Mom and Dad until they have a stronger financial foundation. The prospect of living with an adult child may fill parents with delight or dread. In either case, the Texas Society of CPAs advises that it’s important to be aware of the financial challenges that parents will face in this situation.
FIVE WAYS TO SAVE ON ENERGY COSTS
The average American household spends $1,900 a year on energy bills, according to the government’s ENERGY STAR program. Whether you’re preparing for the heat of summer or for winter’s frigid temperatures—-or looking to lower your gasoline expenses--there are many practical ways to cut down on costs, according to the Texas Society of CPAs. And when you reduce your energy use, the environment benefits from lower greenhouse gas emissions. Pick up some tips that will help you save money and do the earth a favor.
TEACH CHILDREN ABOUT MONEY WITH PET OWNERSHIP WORKSHEET
In an effort to teach children about managing money, Texas CPAs provide parents with a pet ownership worksheet to help your family budget the expenses associated with getting and keeping man’s best friend (or a furry feline). |
