The Daily Item, Sunbury, PA

Community News Network

December 28, 2012

7 resolutions for saving money in 2013

(Continued)

— Clip coupons for everything

We've talked about smartphone saving and the benefits of cutting coupons for everything. Whether you're receiving print coupons or downloading them from coupon sites such as couponsherpa.com, the savings add up if you're using them for your everyday shopping.

— Save more than you want to for retirement

Some of our most important saving tips deal with retirement, and the news is grim: Most people do not have enough money saved for retirement. Twenty-somethings, start saving now! Our favorite retirement statistic comes from Ameriprise Financial: If you invest $5,000 every year beginning at age 30 instead of 31, you will have $109,000 more in savings when you retire, assuming an 8 percent compounded annual interest rate. So get started in 2013.

— Play the points game to win

We interviewed Brian Kelly, The Points Guy, and learned that savvy spenders should not pay with cash. If you don't carry interest on your credit cards, you should be getting free flights and hotels a few times a year. Sign up for rewards credit cards that fit your lifestyle, and check out our interview with The Points Guy for all the must-do tricks to rack up points quickly.

— Keep your receipts

We were blown away when we read an investigation from Consumer Reports' advocacy division that found that eight out of 10 hospital bills contain pricing mistakes. The auto-pay world makes it easy to overlook mistakes and forget what you're spending. Check your receipts to eliminate errors and keep yourself on track.

— Auto-save and earmark expenditures

While automatic bill pay can hurt your budget, automatic savings are the pathway to success. Personal finance experts recommend setting aside a fixed amount for entertainment each month and dividing savings into different bank accounts. They also recommend automatically transferring a fixed amount from checking to savings at the beginning of each month. Have the bank do it for you, and you won't know what you're missing.

Text Only
Community News Network
  • Sunburn isn't the only sign of summer that can leave you itchy and blistered

    You've got a rash. You quickly rule out the usual suspects: You haven't been gardening or hiking or even picnicking, so it's probably not a plant irritant such as poison ivy or wild parsnip; likewise, it's probably not chiggers or ticks carrying Lyme disease; and you haven't been swimming in a pond, which can harbor the parasite that causes swimmer's itch.

    July 30, 2014

  • Survey results in legislation to battle sexual assault on campus

    Missouri U.S. Sen. Claire McCaskill joined a bipartisan group of senators Wednesday to announce legislation that aims to reduce the number of sexual assaults on college campuses.

    July 30, 2014

  • An alarming threat to airlines that no one's talking about

    It's been an abysmal year for the flying public. Planes have crashed in bad weather, disappeared over the Indian Ocean and tragically crossed paths with anti-aircraft missiles over Ukraine.

    July 30, 2014

  • Sharknado.jpg Sharknado 2 set to attack viewers tonight

    In the face of another "Sharknado" TV movie (the even-more-inane "Sharknado 2: The Second One," premiering Wednesday night on Syfy), there isn't much for a critic to say except to echo what the characters themselves so frequently scream when confronted by a great white shark spinning toward them in a funnel cloud:
    "LOOK OUT!!"

    July 30, 2014 1 Photo

  • 20140729-AMX-GIVHAN292.jpg Spanx stretches into new territory with jeans, but promised magic is elusive

    The Spanx empire of stomach-flattening, thigh-slimming, jiggle-reducing foundation garments has expanded to include what the brand promises is the mother of all body-shaping miracles: Spanx jeans.

    July 29, 2014 1 Photo

  • Medical marijuana opponents' most powerful argument is at odds with a mountain of research

    Opponents of marijuana legalization are rapidly losing the battle for hearts and minds. Simply put, the public understands that however you measure the consequences of marijuana use, the drug is significantly less harmful to users and society than tobacco or alcohol.

    July 29, 2014

  • linda-ronstadt.jpg Obama had crush on First Lady of Rock

    Linda Ronstadt remained composed as she walked up to claim her National Medal of Arts at a White House ceremony Monday afternoon.

    July 29, 2014 1 Photo

  • Can black women have it all?

    In a powerful new essay for the National Journal, my friend Michel Martin makes a compelling case for why we need to continue the having-it-all conversation.

    July 29, 2014

  • Dangerous Darkies Logo.png Redskins not the only nickname to cause a stir

    Daniel Snyder has come under fire for refusing to change the mascot of his NFL team, the Washington Redskins. The Redskins, however, are far from being the only controversial mascot in sports history.  Here is a sampling of athletic teams from all areas of the sports world that were outside the norm.

    July 28, 2014 3 Photos

  • 'Rebel' mascot rising from the dead

    Students and alumni from a Richmond, Va.-area high school are seeking to revive the school's historic mascot, a Confederate soldier known as the "Rebel Man," spurring debate about the appropriateness of public school connections to the Civil War and its icons.

    July 28, 2014