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The Final Cost: Your Guide to Financing Funeral Arrangements

Death isn’t a fun subject, but when it comes to finances, it’s essential to prepare for. The cost of funerals and burial services continues to rise, and many families find themselves unprepared for steep payments during their time of grief. From interment costs to casket expenses, there are a bevy of financial stipulations to expect after someone’s passing, and this guide will help you break down these expenses. Cremation versus Burial If your loved one did not designate a preference regarding cremation or burial, you have some decisions to make. While many base the decision on religious beliefs, there are other factors that play into the final choice, namely, expenditures related to each. Traditional burials include interment services and viewings. With embalming, casket purchase, cemetery costs, and transportation essentials, burials tend to be the more expensive of the two options. In contrast, cremation requires a simple container, cremation services, and interment should you so choose. To put it in numbers, the average cremation costs around $2,000 to $4,000, while a traditional burial can easily cost anywhere between $8,000 and $12,000. While these prices are obviously subject to change depending on your location and desired services, there’s a marked cost difference ...

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6 Ways to Use Social Media to Save Money

6 Ways to Use Social Media to Save Money

Take a look around on any given day and you will probably see more than one person clicking away on their cell phone. The odds are high at least one of them is using social media. The truth is, most of us like and use social media on a daily basis through any number of different sites. But did you know you can also use social media to save yourself some money? If you are trying to keep within a strict budget, you may be able to use these social media tips to save money. Turn on Pinterest Notifications If you’ve pinned an item on Pinterest that is for sale in a retail store, you may be able to find out when the price has been lowered by turning on notifications for that pin in your Pinterest settings. Then, when the item you pinned goes on sale, you can buy it at a discount. Just hurry before there are none left. Popular items on Pinterest tend to sell out quickly! Use Facebook Coupon Codes and Groups Some of the companies you “Like” on Facebook will offer coupon codes and discounts as a reward to followers. But thanks to Facebook algorithm changes, you ...

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8 Ways to Avoid the High Costs of Data Theft

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It is with good reason the words “data breach” and “data theft” can place fear and panic in the hearts and minds of people when they find out they have become the target of this type of crime. The financial costs of data theft can range anywhere from a few hundred dollars to thousands of dollars. In addition, victims may feel violated and suffer from both financial and emotional stress as a result. But the good news is that there are ways to avoid data theft. Here are some of them. Don’t Give Out Information The act of stealing confidential, computer-based information is considered to be data theft, and it is occurring at an increasing rate for consumers and businesses alike. However, one of the simplest things you can do to help prevent personal data theft is to protect your information. Be careful when giving out your information online by making sure the person or company making the request really needs to know what they are asking for. In other words, legitimate businesses you already do business with will not send emails asking for information they should already have. Update Your Passwords I used the wording “update your passwords” instead ...

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The Cost of Commuting: How to Save Thousands on Transportation

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Today we have a guest post for you from a new blogger, The Early Retirement Engineer. Most people that set out on a money saving expedition invest untold hours into coupon clipping and bargain shopping. While these can indeed save a few bucks, what if there was a simple way to save thousands of dollars every year simply by questioning and reorganizing an aspect of modern society that everybody now takes for granted, transportation? Let’s begin with the average number of miles per person driven in the US every year, 14,000. How much money do each of those 14,000 miles cost you? Hint: it’s a lot more than just the cost of gas. Every year, the IRS calculates mileage reimbursement rates that, in theory, equate to the average cost of driving. Fuel comes to only around 30% of the total cost, dwarfed by the 45% in depreciation, and followed by 12% in insurance. In 2016, with fuel astonishingly inexpensive, the estimated cost of driving 1 mile is $0.54, meaning the average driver shells out $7,560 (and hundreds of hours) every year for the privilege of sitting in a climate-controlled box while spewing out carbon byproducts and smog. In a two-driver ...

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6 Ways to Avoid Money Scams

Avoid Money Scams

Scams are everywhere these days, and as technology improves and changes, so do the tactics of criminals who are out to take your money. The good news is that there are ways you can avoid money scams. Here are 6 ways you can prevent yourself from becoming the next victim of a money scam. Pay Attention When Shopping Online The holidays are coming up, which means an increase in internet traffic for those who make purchases using the internet to whittle down their gift lists. As you shop, if you need to enter information on a computer, use caution and check to see of the URL of the page you are on starts with “https.” This means the site is secure using an SSL Certificate.  Companies must go through a validation process to get this certificate, and the “s” in “https” stands for “secure.” If no “s” is present, the site could be a scam. Email Scams If you don’t recognize an email address or sender, don’t click on any links or open messages. Watch out for subject lines that include promises like “free vacation” or “you’ve won!”. These suspicious emails are often a criminal’s way of phishing for your ...

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