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Friday, Nov. 20, 2009

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FEED PERSONAL FINANCE

Can You Afford to Retire?

Posted: 11/04/09 4:13PM
Filed Under: Personal Finance Personal Finance

Retirement Stress
For many, planning for retirement is a stressful task. But experts insist there are simple adjustments that can make all that number-crunching easier. (iStock)

Many nearing retirement wonder if they'll outlive their savings. There's no shortage of advice about targeting a retirement income of at least 70 per cent of your pre-retirement income or having a cushion of $1 million heading into your golden years. While both are enviable sums, are these hefty figures realistic for many retirees?

Great Wines At Affordable Prices

Posted: 10/28/09 1:23PM

For many, the benchmark of a good wine is price: If it costs more, it must be great. Unfortunately, that's not really the case. Choosing a good, well-priced wine can be a challenge, which is why many people are wary of trying something new.

Best Times to Buy...

Posted: 10/16/09 9:24AM
Filed Under: Personal Finance Consumer News

There are good times and bad times - to buy, that is. Find out when you should be buying shoes, filling your prescriptions, dining out and working out.

7 Green Money Savers for the Home

Posted: 07/27/09 2:12PM
Filed Under: Save Your MoneyMainPersonal Finance Consumer NewsPersonal FinanceReal Estate

Making a few small adjustments to your day-to-day life around the house can pay big bucks back in your wallet come bill time.

7 Green Money Savers for the Home

    Get Smart About Heating and Cooling

    With high prices for heating fuels and electricity stalking the nation, it's good to know that there are some easy ways to save money in the area of climate control. That's significant, given that most households shell out 50 to 70% of their energy budgets on heating and cooling, according to the Department of Energy.

    What to do? Simply installing a programmable thermostat will save you approximately $150 a year, according to the EPA -- that means it will pay for itself in just a few months. In warm temperatures, resist the temptation to set the air conditioning too low, and be vigilant with heating when it's chilly.

    Aiming for 78 degrees or higher when you're at home while reduce your cooling loads 10-20%. When you're away, make it 85 degrees and save an additional 5-12%. In colder weather, for every degree you lower the thermostat, you'll save between 1 and 3% of your heating bill.



    Reprinted with Permission of Hearst Communications, Inc. Originally Published: 7 Earth Day Money Savers for the Home

    Istock

    Unplug Unused Chargers

    Even when they aren't charging anything, plugged-in cell phone, laptop and other chargers continue to draw electricity. Americans throw away about 8% of our annual electric bills this way, wasting billions of dollars.

    The solution is simple: just unplug them, or plug them into a surge protector and flip that switch when your device has pulled enough juice.



    Reprinted with Permission of Hearst Communications, Inc. Originally Published: 7 Earth Day Money Savers for the Home

    Steve Beckle

    Install CFLs

    The little spiral-shaped bulbs known as compact fluorescents use less than a third of the energy of regular bulbs and last ten times longer, paying for themselves in lower energy bills within months. If every U.S. household replaced just one regular bulb with a CFL, the amount of energy saved could light 2.5 million homes for a year.

    The good news is CFLs now come in a variety of colors and styles, including flood lights, candelabra sizes and much more.



    Reprinted with Permission of Hearst Communications, Inc. Originally Published: 7 Earth Day Money Savers for the Home

    Sylvania

    Install Low-Flow Water Fixtures

    Decades ago, toilets used 5 gallons per flush, but these days more efficient models are readily available. So-called low-flow models use less than a gallon, and work great. American Standard, Toto and Kohler are leaders in the field.

    Also save water and money, and still have ample water pressure, with a low-flow showerhead, which can slash bathing-water consumption 50 to 70 percent. The devices are simple to install and start at around $8. Low-flow faucets are also a great option.



    Reprinted with Permission of Hearst Communications, Inc. Originally Published: 7 Earth Day Money Savers for the Home

    Istock

    Upgrade to Energy Star Appliances

    Energy Star was designed by the EPA to take the guesswork out of appliance buying. Look for the blue-and-white label, which means the item is at least 10-50% more efficient than standard models (depending on the class of product). That means lower energy bills and less pollution.

    More than 18,000 products in 35 different categories are covered in the Energy Star program, and most major manufacturers participate. Energy Star is a fixture in the showrooms of most retailers coast to coast.



    Reprinted with Permission of Hearst Communications, Inc. Originally Published: 7 Earth Day Money Savers for the Home

    Bosch

    Put in Low-Water Plantings

    'Green carpet' grass lawns take a huge amount of water in dry climates, which leads to both high water bills and a lot of hassle and worry. Plus, the possibility of mandatory water restrictions means the yard may end up looking like a barren wasteland.

    Instead, plant drought-tolerant native shrubs, trees and grasses. They won't require nearly as much water and will serve as habitat for local wildlife. Using low-water plantings even has a catchy name: xeriscaping.

    In desert climates, cacti and similar plants, especially native ones, can add great beauty. You can also use stones, rocks and other features to add interest.



    Reprinted with Permission of Hearst Communications, Inc. Originally Published: 7 Earth Day Money Savers for the Home

    Istock

    Turn Down Your Water Heater

    Who doesn't enjoy a long, hot shower after a long, hard day? Unfortunately, it's also true that hot water heaters are big energy and dollar guzzlers.

    But take heart: Lowering the temperature on your water heater from 140 to 120 degrees will reduce your water heating costs by 6 to 10%. Give it a try. Many people find that tweaking the dial to save energy and money can become addictive.



    Reprinted with Permission of Hearst Communications, Inc. Originally Published: 7 Earth Day Money Savers for the Home

    Viorika Prikhodko

13 Ways to Save at Walt Disney World's Magic Kingdom

Posted: 10/14/09 10:54AM
Filed Under: Personal Finance Consumer News

Jiminy Cricket, Disneyland is expensive! A one-day adult pass is now a blistering $84, and parking is $14, so saving money in every other department is critical.

But what would you say if once you got through the gates, WalletPop could show you how to get a lunch of a huge, wobbling hamburger and a gooey ice cream cookie sandwich for a total of $5.75 per person? What if we showed you where you could play games for $1 and how you can find free one-of-a-kind souvenirs?

Watch the video to find out how blogger Jason Cochrane economized in the World's Happiest Place.

American Airlines Joins the Herd and Hikes Bag Fees

Posted: 07/27/09 2:02PM
Filed Under: MainBusiness NewsPersonal Finance Consumer NewsPersonal Finance

American Airlines recently announced that it will be raising its checked baggage fees. (Getty)
Getty

When it comes to fleecing us, it's the airlines that always move in a herd. On Friday, American Airlines announced that it, too, will be raising its checked baggage fees. It did not come to this decision on its own. Continental and Delta both did it last Tuesday.