I just found out that I had $22 in unclaimed property due to a check that had been mailed to an old address of mine after the forwarding service expired.
If you’ve moved in the past few years, chances are you could have some unclaimed property. Each state has their own site, so be sure to check the state you live in now plus any states you’ve lived in previously.
Newsflash: device subsidies aren’t actually a great deal for consumers. The big carriers trick you up front to get you in the rear.
There are countless examples of this psychological trick. Instinctively, we’d rather pay more in the long run as opposed to more upfront, but less over time. Why do you think car salesmen focus on your monthly payment more than the total amount you’ll pay over the life of the loan?
Once a month, we do these really cool live chats with financial planners from the National Association of Personal Finance Advisors. (The New York Times even wrote about them!) Basically you ask questions about your money sitch and they give you their best advice.
Today’s chat starts at 1 p.m., so get your questions in now. You can ask through Tumblr or right on Kiplinger.com.
This is happening now. Get your tough questions answered!
“What’s the point of spending time doing nice things for others? Is it purely a feel-good experience for the nice person, or is there a greater impact on others, and on the world in general? In fact, it is official – researchers have shown that generosity is contagious. And not only is it contagious, but one act of kindness is actually shown to breed another act of kindness, and so on. Kindness can multiply and move on from person to person.”—The Multiplier Effect | Psychology Today (via moneyisnotimportant)
“New Labor Department rules will require fuller disclosure about the fees charged on 401(k)’s. Fees, of course, can be an enormous drain on retirement savings — but they are often obscured, giving many Americans the impression that the accounts are somehow cost-free.”—
We’ve been warning you about 401(k) fees for years, and pretty soon, you’ll know why we were making such a big deal out of it. Contribute enough to get the match, but then put the rest of your retirement savings into a Roth IRA. If you’ve hit the limit on the Roth and still have more to put away, then look back to your 401(k).