Russ Van Arsdale was in the studio Monday for this week’s Consumer Contact. This week, Russ was speaking with Wayne about strives from the Federal Trade Commission to not only inform those looking on ways to detect and protect from scams, but also to pass that information on to everyone they can.
Marion Syversen was in for this week’s Finance is Fun to talk about retirement and how are people getting ready for retirement, or already in retirement, how are they liking the decisions they made?
Marion Syverson was here for this week’s Finance is Fun to talk about what businesses are the riskiest to start.
Food - Grocery stores, in an already competitive filed there is a lot of pressure on prices is shops of this type. Margins, the profit above costs, are typically very small and could be as low as 1% Restaurants and bars are also risky businesses. Often owners are surprised by the high costs of equipment and building requirement for code compliance, licensing and wages.
If you’re thinking of buying your first home know there is help available to get you there.
Certified housing counselor Heather Massow has tips for first time homebuyers.
Call 973-3500 or log on to penquis.org for more information
Marion Syversen was in for this week’s Finance is Fun to talk to us about the top strategies for you when you’re providing for others.
‘Responsibility requires action’ – This quote is both succinct and insightful. The responsibility of dependents requires you to act on their behalf, to both protect them now and in the event you cannot take care of them. Let’s give this some thought.
Summer means kids in business!
Deb Neuman has some tips to help your kids have a summer business:
1. Let them pick the business!
2. Help them make a business “plan”
Marion Syverson was in for this week’s Finance is Fun to tell us about how, research has shown that in general there are gender differences in how men and women behave in investing. Marion examined some of them so we can learn our strengths – and weaknesses.
Russ Van Arsdale was in on Monday for this week’s Consumer Contact. Russ was speaking with Joy about how different charities can actually be more harm than they are helpful.
Marion Syverson, was her for this week’s Finance is Fun, to give us the answer to the question “Why don’t we save when we KNOW that we should?”
Wonky budgets - So we HAVE a budget, but it doesn’t ever really get spent as planned. Things unexpectedly go wrong and need fixing and after facing those challenges a few time, we simply give up and spend as we like. And like a garden once tilled and tidy, once left to nature, the weeds grow worse that other parts of the yard. Meaning we tend to be crazier after we tried to budget than we were at first.
Deb Neuman talks about turning your ART into a business!
1. Hit up family and friends first!
2. Try a few art/craft shows this Summer!
3. Consider on-line sales – etsy.com
Marion Syverson was in for this week’s Finance is Fun, talking about the finances of togetherness.
Legalities- no way for joint property to be separated should YOU get separated without a document of some kind. Either own things individually, get married or invest in a domestic partnership agreement so you aren’t financially ruined. Not romantic? I think strong fences make good neighbors. Being financially ruined is also not romantic.
Russ Van Arsdale was in the studio on Monday speaking with Wayne about the ways you can be ready for natural disasters hitting Maine.
For more information, visit:
Based on news reports about large-scale security breaches one might think that identity theft happens to everyone and we are doomed to have it happen to us. In fact according to a news article, identity theft affects only about three percent (3%) of the population.
Marion Syverson, recently read the results of a couple of surveys and thought you would like to hear what others are doing.
Apathy – Twenty-five percent of high net-worth investors, those with more than one-hundred thousand dollars to invest, do not have a financial plan and many of them don’t plan on getting one. The reason? Apathy. They think retirement is far away and that they can worry about it at some far-into-the-future time when they are old.
Russ Van Arsdale was in the studio on Monday speaking with Wayne about the effects of advertising on children in this week’s Consumer Contact segment. He says it is important to monitor the kind of advertising your child is exposed to, to ensure they are not receiving negative influences.
Many new grads are now out looking for jobs — if you’re a new grad or anyone else seeking a new job – we’ve got some tips to help you craft a resume that will improve your chances of getting the job you want!”
James Macomber, a Microenterprise Consultant for MaineStream Finance was in to tell us about the 2014 Summer Start Your Business Series.
Every Tuesday a new session of videos and materials will be posted on the site. This online business course if for people that are thinking about starting a business or already have one.
We often hear people say things like, 50 is the new 40. But does that impact retirement planning? Let’s see!
Have you saved enough? – Surveys show that the majority of those near traditional retirement ages are not very close to their retirement savings goals. For whatever reasons, be they repeated job losses, or unwise spending or not having a great budget, but in some studies up to forty percent of respondents have so little saved they say they will need to ‘work until they drop.’