One of the more interesting suggestions that some of the articles in that magazine seemed to be making was to NOT save a lot of money for college, as the families that scrimped and saved for college were the ones that would get less financial assistance. The argument was made that financial hardship would actually benefit the students in the long run. What do you think of that advice?

In some states, there was a law enacted in 1978 in California called the Fair Debt Collection Practices Act that is designed to protect the consumers against abusive and unfair debt collection practices. Since then, lawyers have become specialists in how to stop collection harassment California and in some cases the debt collectors have had to pay penalties and fines for their unfair debt collection practices. Sometimes the government actually does help the little guy!

I’m sure that I don’t have to tell you that the world’s economy is changing in leaps and bounds, and the Internet has a lot to do with those changes. No longer is the consumer stuck with only the merchandise in his corner Mom & Pop variety store or ordering from the now extinct Sears & Roebuck mail order catalog. (Did you realize that the Sears & Roebuck mail order catalog used to sell complete house kits?)

Using the Internet to bargain shop is becoming more commonplace than going downtown on a Saturday afternoon to shop. Is that a good thing, or a bad thing? Well I think that question is moot because good or bad, it is in all likelihood here to stay. Many of today’s consumers don’t have the time on their hands to go into town to shop, and don’t want to have to find a baby sitter to watch their children when they go out to shop. And most parents don’t want to take their kids shopping with them because the children become bored and cranky pretty easily.

Not long ago townsfolk were alarmed at the thought that Wal-Mart, the Super Giant Retailer was going to destroy the commercial centers of their towns. In many cases, that is exactly what happened. Now it is the Internet’s turn to destroy Wal-Mart. More consumers would rather just sit down at their computer and order something to be delivered to their homes (in many cases delivery is free) than drag their families down to the crowded Wal-Mart on a weekend. I know that is what I would rather do! Because the Internet commerce is growing and giving Wal-Mart (and Target, and all of the other big discount stores) a run for their money, the commercial center of town just might enjoy a revival of small, locally owned service-based stores. After all, once the customer buys the product at a bargain rate, there will often be a need to service, clean, or repair the item. Yes, there will be the opportunity to ship the item needing repair to someplace “out there” but for the most I think that people would prefer to get their items repaired locally. What do you think? Is Internet bargain shopping better for the economy, or worse?

I went to CannonSatellite.com to look into satellite and see if it was any cheaper than cable. I also talked to the people with my lawn care company to make sure they wouldn’t mind if I cut back to twice a month instead of every week – that’s helped us save hundreds a year. I don’t know why I got on this money saving kick but for me it’s all about making sure we’re financially viable in this economy and I know that my job’s secure but I get really worried that I might lose my job or get hurt or something else terrible. I love being part of a supportive family but there’s something to be said for taking matters into your own hands and that’s what I’ve done – I’ve asked every member of my family to put their best effort forward when it comes to saving money but at the end of the day it’s an individual effort and everyone has to answer for themselves with what they’ve been able to save.

And a few years after that I read in the local newspaper that a Wal-Mart was going to build in a nearby town and the Motley Fool column in the newspaper suggested that Wal-Mart stock would be a good investment.  So I bought some Wal-Mart stock.  Not a lot, but I still bought some.

For the most part, the stocks that I have purchased have done relatively well, but a couple of months ago I met a financial advisor that suggested that I take some of my 401K money that was largely in the stock market and roll it over into an IRA that is full of annuities.  I really did not even understand how annuities work, but he sat down with me for about an hour and explained them, showed me some great Annuity Rates and convinced me that moving some of my money into annuities would be a smart thing to do at this point in time. I sure hope he’s right!

While Sue was in Chicago, she was driving Aunt June around town to run some errands and her car overheated.  She took it to a Chicago auto repair shop and they told her that she needed a new water pump.  I had to give Sue my credit card information so she could get the car fixed.  That’s one of the drawbacks to taking your own car on a trip!  Maybe next time she’ll rent a car for the trip.  Getting a rental with unlimited mileage just might be the best way to go; if it breaks down you don’t have to pay to get it fixed, you just trade it in for a different rental car and you’re on your way!

Then I went to Home Depot to get a couple of rakes for my overdue yard work and went to the self checkout. The rakes both had the bar codes on them, but the second one would not scan. the checkout display said to wait for assistance. I waited and waited and even with 4 idle workers milling about, no one came to help me. So I got a little ticked off and loudly asked “Where’s my assistance?” the clerk came and tried to scan the rake, but it didn’t work. So he went somewhere else and left me standing there along with a growing line of other impatient customers. When he came back he tried to scan it one more time. It still didn’t work. He leaned toward me and said softly, “I’m not going to charge you for this rake. It’s not your fault the scan won’t work and I’m sorry you’ve had to wait so long.” He smiled and handed me the rake – another freebie!

With doing stock trading online, you don’t have to wait for a return call – you place your order and “poof” it is done the same day!  And the fees for trading with an online trading firm are often much lower than the fees for a “regular” stock broker!  And nowadays you can get just as good advice about stocks online as you can with a “real” person.  In fact, sometimes the advice is even better because it is impartial and just relays the facts and figures.

Long story short, we had to call the well guys and they came out today and put in a new pump. That was an unexpected $800 tab! And here my hubby was just telling me yesterday afternoon that he wanted to go fly up to Maine and visit his mother next week. Now I don’t think that is very likely to happen unless she pays for the ticket!

One of the scary things about getting auto insurance is not really knowing how much insurance you need to get.  You don’t want to pay for more coverage than you need, but then again you don’t want to be under-insured either.  If you are involved in a car accident you really do need to be able to get your car fixed or replaced without it causing an undue hardship.  And with medical costs as high as they are, you need to get plenty of liability and under-insured motorist coverage as well!  You don’t want to end up on the injured list and have no way to pay for the medical bills that will wrack up quicker than you can say “lickity split!”

I was using a website search engine today to help my nephew find auto insurance for his new car, and found an easy one to use at the cheap-autoinsurance.com website.  That site was easy to use; we started out typing in the zip code of the town where my nephew lives and it took us to a page that showed several insurance providers that are known to give good prices for that town.  Then it gave us the option to apply on line for free and instant insurance quotes.  I like sites like that!