The recent recession accelerated an already growing debt crisis for many Americans. Parents can easily become overwhelmed by their debt levels and the typically high interest rates that come with unsecured loans and credit cards. However, if you can maintain control and stay somewhat objective, you can systematically reduce your debt, while saving money on credit card interest and fees. Here are tips to create a successful plan to reduce your debt.
The Gerber Life Parenting Blog
What parents want to know
With work, family and finances, modern parenting can sometimes feel like a juggling act. The Gerber Life parenting blog gives parents advice and tips to help you take on today-and plan for tomorrow. Our parenting blog offers articles on saving money, college planning, family insurance, parenting tips and health and safety. Although we may not be able to manage your retirement account, drive your all-star athlete to practice, or cook your family's favorite three-cheese lasagna, our parenting blog can provide you with ideas, advice and tips so that you can focus on what matters most: raising healthy, happy kids. We invite you to join the conversation and enjoy our parenting blog.
Life insurance is critical for the long-term financial security and stability of a family. Young families cannot afford to lose a spouse and a parent. Financially, each parent is needed to cover costs of bills, mortgages, loans, health insurance, general expenses, and school costs. Not only would the loss of a spouse and a parent be detrimental to the current influx of money to cover bills, but there would be added expenses, such as funeral costs and the costs of organizing and running the estate. In order to protect the long-term interests of a young family, the parents need to get term life insurance. Term life insurance can cover funeral costs and other added expenses, such as medical bills. Life insurance can also ensure that the family can keep up with mortgage payments and bills and provide monetary safety for your family.
With gas prices across the country nearing $5 a gallon, its little surprise that motorists are looking for any way possible to save money when they hit the roads. One way to do this? Consider using nitrogen filled tires for your car.
Steve and Annette Economides and their seven children have been – self-proclaimed – “America’s Cheapest Family” since 1982. They garnered a great deal of media attention in the free-spending 1980’s for their eccentricities: grocery shopping once per month, buying nothing on credit but their homes, paying one home off entirely in nine years and generally eschewing consumerism as a lifestyle. In the midst of the recent economic recession, their budgeting and financial skills no longer seemed eccentric, but essential. In 2010, they published Cut Your Grocery Bill in Half with America’s Cheapest Family. An MSNBC program on the book shows video footage of their savings in action and provides budgeting tips demonstrating how the Economides feed their family for about $350 per month.
For many families, Thanksgiving Day – which this year falls on Thursday, November 22nd – marks the beginning of the holiday season. It is a beautiful holiday that encourages us to count our blessings, just as our Pilgrim forefathers did throughout Thanksgiving history.
As Thanksgiving approaches, there are reminders everywhere of the abundance of the things that truly matter: loving families, good friends, plentiful food and the simple joys of nature. As the spirit of the season spreads this timely message, it also offers a gentle reminder that there are others less generously blessed.