Visualizzazione post con etichetta planning. Mostra tutti i post
Visualizzazione post con etichetta planning. Mostra tutti i post

venerdì 12 settembre 2014

Ask the Readers: Are you involved in community disaster planning?

This article is by editor Linda Vergon.


This week, Phoenix, Arizona, had extreme flooding and, before that, Napa, California, experienced a 6.0-magnitude earthquake. Landslides, earthquakes, extreme heat, floods, hurricanes, severe weather, space weather, thunderstorms and lightning, tornadoes, tsunamis, volcanoes, and wildfires are just some of the natural disasters that can plague us in a given year. Yet “nearly 70 percent of Americans have not participated in a preparedness drill or exercise outside of fire drills at their place of work, school or home in the last two years,” according to Gwen Camp, director of FEMA’s Individual and Community Preparedness Division.


September is National Preparedness Month, and the theme this year is “Be Disaster Aware: Take Action to Prepare.” Throughout the month, FEMA will be helping individuals and communities understand the risks and gather the tools they need to be more resilient in the face of natural disasters and other emergencies. They are sharing information and resources to community leaders, schools, houses of worship, and businesses that want to organize preparedness training events twice a year in April and September – and you can get involved too. Each week they will help people take some sort of action to prepare themselves for an emergency because, as we all know, many of these events come as a complete surprise.



Most all of this activity will culminate on September 30 in America’s PrepareAthon, when a lot of communities across the nation will hold some kind of event designed to provide information or even train people on what to do when disaster strikes. Some events may occur in later weeks. It all depends on a community’s overall calendar of events, but FEMA’s website, Ready.gov, shows when and where these events will be occurring: America’s PrepareAthon Event Map.


If you can’t participate in an event, FEMA’s site is a great resource to help you plan for all kinds of emergencies from pandemics to winter storms too. Their Natural Disasters web page is an excellent resource to understand about each of the disasters listed above, as well as how to make a plan, build an emergency kit, and help your kids deal with disasters too. For those that are interested, Red Cross has a number of natural disaster applications for your smartphone too. Teach your kids and elderly family members how to use them!


FEMA wants you to learn about your local hazards and take action by practicing plans and participating in a PrepareAthon event. And I think this is an important part of emergency preparedness that is often overlooked. Participating in such an event is a good way to get involved with your community programs, houses of worship, schools, and workplaces. When you make yourself known to people in the emergency preparedness community, they will recognize you as someone that has training and is reliable to offer assistance to others in need. So often when disasters strike, people are offended when a law enforcement officer, firefighter, or other individual doesn’t accept their help. But honestly, if they do not know you, they can’t in good conscience enlist your support in any way. And without proper training, you can be a potential hazard to them in their effort. Make yourself known to the emergency preparedness workers in your community, so at a minimum they are aware of your ability to help and your intentions.


Do you know which disasters could happen in your community and what to do to be safe and mitigate damage? Will you participate in your community’s disaster planning efforts?











Get Rich Slowly – Personal Finance That Makes Sense.


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martedì 29 aprile 2014

Join Corey for a Special Wednesday Night Webinar April 30

Join Corey for a Special Wednesday Night Webinar April 30



I hope you can join us for a live educational webinar entitled “Game-Planning Strategies for Anticipating the Next Trading Day.”I’m excited to be presenting with Bennet McDowell’s TradersCoach.com as part of their popular “Wednesday Night Live” educational sessions.We’ll get started at 7:30pm EST (4:30pm PST).You can find the full description at the free webinar registration link (GoTo Webinar page) but we’ll be sure to cover the following topics:- Tactics for planning what to expect in the next trading session- Strategies for implementing the plan in real-time during the trading day- How to adapt quickly and effortlessly – without frustration – when unexpected events occur- How to frame intraday environments according to Day StructureI’m thankful to Bennett for the invitation and …



via Afraid to Trade.com Blog:



I hope you can join us for a live educational webinar entitled “Game-Planning Strategies for Anticipating the Next Trading Day.”


I’m excited to be presenting with Bennet McDowell’s TradersCoach.com as part of their popular “Wednesday Night Live” educational sessions.


We’ll get started at 7:30pm EST (4:30pm PST).


wednesday night wednesday trading structure strategies planning night bennet anticipating trading


You can find the full description at the free webinar registration link (GoTo Webinar page) but we’ll be sure to cover the following topics:


- Tactics for planning what to expect in the next trading session

- Strategies for implementing the plan in real-time during the trading day

- How to adapt quickly and effortlessly – without frustration – when unexpected events occur

- How to frame intraday environments according to Day Structure


I’m thankful to Bennett for the invitation and can’t wait to see you there!


Corey



wednesday night wednesday trading structure strategies planning night bennet anticipating trading


For more info: Join Corey for a Special Wednesday Night Webinar April 30


Afraid to Trade.com Blog



Join Corey for a Special Wednesday Night Webinar April 30


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venerdì 31 gennaio 2014

Book Giveaway: Get Your Retirement Planning on Track in 2014

Book Giveaway: Get Your Retirement Planning on Track in 2014





via MoneyNing:




result repairs planning make money investing destruction consequences collection birken appetite adviser personal finance Regular contributor Emily Guy Birken has just released a new book: The Five Years Before You Retire. Read on for her suggestions on how to make 2014 a great year for your retirement portfolio — and for a chance to win a copy of her book!


Saving for retirement is something like cleaning out the basement: you know you need to work on it, but it’s something you’d rather deal with later.


Unfortunately, putting off retirement planning has much more dire consequences than letting your old CD collection and athletic equipment gather dust. Missing out on investment opportunities and the magic of compound interest could haunt your golden years in a way that losing your copy of Appetite for Destruction never will.


Here are three simple steps you can take in 2014 to get your retirement planning on the right course:


1. Automate Your Retirement Savings


It can feel almost impossible to put aside money for retirement when there are so many financial needs in the here and now. After paying for your mortgage, your kid’s mouth full of braces, and unexpected car repairs, having extra money to put aside for the future may feel like a luxury you simply can’t afford.


That’s partially because many people regard saving for retirement as what you do after you’ve paid all your other bills. Instead, pay yourself first by setting up an automatic deposit into your retirement account on payday. Starting with a small amount, like 1% to 2% of your salary, will keep you from feeling the loss.


This can work even better if your employer’s retirement program offers something called a contribution rate escalator, which will automatically increase your savings rate every year. That means you can plan for portions of your future raises to go toward retirement — rather than lifestyle creep.


2. Meet with a Financial Adviser


Many people think you have to be at the Scrooge McDuck level of wealth before you need a financial adviser, but nothing could be further from the truth. Financial advisers can help you determine how much you’ll need to retire, what types of investments will help you get there, and how to periodically re-balance your portfolio. Even the most dedicated do-it-yourselfer can benefit from the expertise of a trusted financial adviser.


However, finding the right financial adviser is not necessarily an easy task. Between the intimidation factor (there’s quite a bit of financial jargon) and the fact that pretty much anyone can call him or herself a financial adviser, it can seem almost impossible to find one you trust.


That’s why it’s important to interview advisers until you find one to be your ally in retirement planning. Just like you wouldn’t trust your children with a babysitter you haven’t vetted, you shouldn’t trust your retirement to any old adviser. Make 2014 the year that you interview and choose your trusted adviser. (You can find a list of helpful financial adviser interview questions in Chapter 4 of The Five Years Before You Retire.)


3. Create a Second Income Stream


Even the best retirement plan can be derailed by unemployment, medical bills, debt, or other financial problems. In these tough situations, you may stop contributing to your retirement accounts — or worse, be tempted to spend what’s in them.


In addition to having a robust emergency fund, another good way to protect your retirement from financial bumps in the road is to establish and maintain a second income stream.



Considering the fact that modern technology offers some non-traditional options for making extra money, generating a second income stream is much easier now than it would have been even 10 years ago. You can often do a second job from home in your pajamas — and it can be easy to base that job on one of your hobbies. Blogging, selling crafts on Etsy, and becoming a mystery shopper are all great ways to generate some extra income.



For more advice on how to prepare for retirement, check out The Five Years Before You Retire. We’re giving away one copy of the book to a lucky reader. Enter to win below.

a Rafflecopter giveaway





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For more info: Book Giveaway: Get Your Retirement Planning on Track in 2014


MoneyNing



Book Giveaway: Get Your Retirement Planning on Track in 2014


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sabato 4 gennaio 2014

Planning to close all trades soon

Planning to close all trades soon



Planning to close all trades soonJanuary 3, 201415.14 gmtI’ve just entered a limit order to close the EU shorts at 1.3595, which is not far (current level 1.3600).I’ll observe the market and am looking to exit the GU and GY shorts also in the next hour or so.About these adsShare this:Email Print Facebook Google RelatedFrom → Trades



via Zen and the Art of FX Trading:



15.14 gmt


I’ve just entered a limit order to close the EU shorts at 1.3595, which is not far (current level 1.3600).


I’ll observe the market and am looking to exit the GU and GY shorts also in the next hour or so.


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For more info: Planning to close all trades soon


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Planning to close all trades soon


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lunedì 18 novembre 2013

Review: FlexScore, part 2 (the website)

Review: FlexScore, part 2 (the website)



This article is by staff writer Honey Smith.There are many personal finance books and tools out there, useful to people in all stages of personal finance. I have a lot to learn before reaching financial independence, and the editorial elves thought it would be useful if I shared some of what I learn with you.My recent reviews include “Soldier of Finance: Take Charge of Your Money and Invest in Your Future” and “FlexScore, Part I (The Book).” This week, I’m reviewing FlexScore’s free online tool.FlexScore is still in beta, which means that they are still working out the kinks before general release. Once the developers are convinced that the tool is as bug-free as they can make it, they will “launch,” …



via Get Rich Slowly – Personal Finance That Makes Sense.:



This article is by staff writer Honey Smith.


There are many personal finance books and tools out there, useful to people in all stages of personal finance. I have a lot to learn before reaching financial independence, and the editorial elves thought it would be useful if I shared some of what I learn with you.


My recent reviews include “Soldier of Finance: Take Charge of Your Money and Invest in Your Future” and “FlexScore, Part I (The Book).” This week, I’m reviewing FlexScore’s free online tool.


FlexScore is still in beta, which means that they are still working out the kinks before general release. Once the developers are convinced that the tool is as bug-free as they can make it, they will “launch,” or make the product/feature available to everyone. Student loan payoff tool Tuition.IO, which I reviewed in January, is also still in beta (though I logged in recently and they are definitely improving the tool, and their blog is infographically awesome).


Philosophy behind the website


As I mentioned in my previous review, the aim of the FlexScore tool is to “gamify” personal finance. What does that mean, exactly? They make 1,000 a perfect score of sorts, meaning if you score a 1,000, you can probably retire today without a problem. Your initial score is determined in part based on your demographic information, your debts and assets, the insurance policies you have in place, and your goals for the future.


Once you have an initial score, the tool creates an individual action plan for you. FlexScore assigns different values to different activities, and by completing those activities you can gain additional points. Examples of activities you could do to gain points are:



  • Getting life insurance, or increasing the amount you carry if you have it

  • Completing or updating your estate plan

  • Opening an Emergency Fund


Sometimes getting points is as easy as reading articles on the FlexScore website or watching their informational videos on a variety of topics. The tool will recommend that you watch specific videos or read certain articles based on your action plan. However, you can access all the articles and videos on their site via the FlexScore learning center.


One of the ways the tool will be monetized is by having sponsored links to companies that provide the services. For example, if “get life insurance” is on your action plan, the site will link to one or more companies that sell that product. However, as long as you get the life insurance and update your profile accordingly, you don’t need to buy from a sponsor to get the points.


What I didn’t like


My main complaint in the review of the book is that there was little information about what constituted a “good score” for a particular person. The main reason for that, of course, is that scores vary widely depending on factors like age, current financial situation, and goals. The online tool gives you not only your FlexScore, but also tells you how your score compares to that of your peers (based on age and location).


While the tool did provide more information on what a good score is, I didn’t find the compare feature to be all that useful. This was mostly because it just seemed to compare my raw score to that of my peers’. While my FlexScore suggested that I was right on track with my peers, I suspect that’s because my student loan is the size of a mortgage and, well, I don’t have a mortgage.


Maybe I’m just nosy and want to know exactly what my “peers by age” are up to. I think making the comparison tool more robust and comparing scores not only holistically but also by category would be awesome. I do expect that the tool will become more robust with time, however, so maybe it’s coming someday!


What I loved


My favorite part of FlexScore was the “breakdown” tool. What this does is put variables on a sliding scale and let you play with the effect that changing your goals would have on your score. The variables are:



  • Retirement age

  • Monthly income goal in retirement

  • Current monthly savings

  • Assets

  • Debt

  • Current cost of living


By sliding each variable up or down, you can see the effect that delaying retirement, decreasing your current cost of living, or paying off a debt would have on your FlexScore. Then you can decide what trade-offs you’re willing to make.


The learning center is also pretty neat. I watched a couple of the videos and they’re not too long or technical. They seem to be designed to explain basic concepts and inspire you to take action. For more in-depth explanations on various topics, the articles are extremely comprehensive.


Who should use FlexScore


My FlexScore was 400, indicating that I have a long ways to go before retirement. That’s news to precisely no one! However, I learned my peers have an average FlexScore of 380, which puts me about on track for my age and location.


One of the questions I asked Jeff Burrow and Jason Gordo, co-founders of FlexScore, was what makes FlexScore different from something like Mint. They said that Mint is extremely robust for day-to-day budgeting. However, it’s harder to get a sense of where you stand in a holistic sense, or understand how changing one aspect of your financial life can impact your ability to reach future goals.


With FlexScore, the action plan and points are part of the game. Sometimes it can be hard to get up the motivation to do something tedious and/or boring, like compare policies and obtain disability insurance. FlexScore is predicated on the belief that by getting points today, you’re less likely to put things off until it’s too late.


FlexScore isn’t a site for micromanaging your daily finances. You’re not going to be categorizing each transaction you make. This is a site for people who want:



  • A big-picture understanding of their finances and how it relates to major life goals

  • An action plan that is customized to their specific situation

  • One central location for information on a variety of financial topics

  • Are inspired by competition and games (you don’t compete against others, but can compare yourself to others, and compete against yourself)


To access FlexScore while it is still in beta, sign up here. Let me know what you think in the comments!


A note about swag: While I was provided with early access to FlexScore for review purposes, my opinions are entirely my own. Plus it’s free for everyone!


















For more info: Review: FlexScore, part 2 (the website)


Get Rich Slowly – Personal Finance That Makes Sense.



Review: FlexScore, part 2 (the website)


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