Helping you Manage the Financial Details of Your Life

802-343-0389

Email: robyn@moneycarevt.com

Category Archives: Financial Literacy

Addressing the Human Side of Money: Financial Therapy

Financial therapy is a new and growing area of financial assistance. Whereas financial advisors and financial planners consult on how to invest, protect and grow money, financial therapists address the more human side of personal finances. They help clients work on the underlying emotional issues that keep them trapped in money struggles, be it overspending, […]

Financial Software for Teenagers? I Say Yes!

Considering I am a daily money manager, it won’t surprise you that teaching my daughter money skills is a high priority on my parenting to-do list. From an early age, my husband and I gave Gabrielle a weekly allowance. The purpose of the allowance, in addition to giving her pocket money, was to provide an […]

Can My Loved One Deduct the Mammoth Costs of Long Term Care?

Typically paid personal care, such as dressing and bathing, is not tax deductible. If an individual meets the IRS requirements, however, long term personal care can be deducted as a medical expense. Before you toss your spouse’s or parents’ long term care bills, check to see whether they qualify for a tax deduction. The amount […]

Cost Savings or Convenience? Which do you choose?

Note: This is a guest blog by my colleague, Christine Moriarty, CFP, of MoneyPeace, Inc. When it comes to cost versus convenience, many of us opt for convenience. In this fast paced world, saving time seems to have universal appeal throughout the classes and the country. We swipe to pay. We Snap Chat to get […]

Free Consumer Information at Your Fingertips

US government agencies work to help consumers make wise choices and stay healthy and safe. Their information is made available to us in over 200 publications, which you can order or download at www.publications.usa.gov. Depending on the publication, they are available in print, as a pdf, or online. Some can be downloaded to an e-reader, and […]

Financial Literacy Test – would you pass?

Would you pass the global financial literacy test? Just 33% of the 150,000 people worldwide who were given this financial literacy test passed. Norway is the most financially literate country. The United States did not make the top 10. In honor of Financial Literacy Month, I invite you to test yourself: http://qz.com/554676/two-thirds-of-the-world-cant-pass-this-basic-financial-literacy-test-can-you/

Is your smart phone secure? Plus, it’s Financial Literacy Month!

Is your smart phone secure? Could you be hacked and your personal information (including banking information) be stolen? This recent AP article explains how to protect yourself: http://gadgets.ndtv.com/mobiles/features/how-to-protect-your-smartphones-data-and-avoid-being-hacked-822477 —————— April is “Financial Literacy Month.” Take this short quiz to test your financial literacy. The national average score is 2.88 out of 5. Can you do […]