Wednesday, August 29, 2012

Online Education Balances Work and Masters Degree Pursuits

Distance educationDistance education (Photo credit: mccoy) With three children in college the subject of graduation and the completion of the process is often a topic of conversation. It's quite possible and we are crossing our fingers because by next summer we could be attending 3 graduations. Our three in college are working hard on completing their education and soon we will be seeing a nursing, psychology and criminology degree. We are looking forward to their graduation and the landing of their first jobs. Of course this is our plan but our future graduates tell us in today's workplace a Masters degree is helpful in a very competitive job marketplace. We made a deal with our children that we would help and support them while they pursued their Bachelor degrees but any further education would come out of their own pocket.

I agree it would be a good idea to get a masters degree in their field of study. But holding a job and going to a university would be difficult to do because of time constraints. I recommended that attending an online university would be a good way to accomplish the continuing education they want. 


There is also the possibility that they take a slightly different path when earning their masters degrees, choosing to focus on something that is a little more specialized. The Master of Public Administration and Policy program, for example, accepts students with all different types of undergraduate degrees and prepares students for careers with government agencies or within private sector organizations that provide services for the public. By taking a specialized masters degree program online, I am confident that my children can fully take advantage of their education and find excellent jobs in the future.

What makes an online education more interesting than attending a conventional college is you are not restricted to a certain geographical location. You can really attend a school that is anywhere in the country. Your options are broadened because now you can attend online a university on the other side of the country or the world. All that while going to work everyday.

When you are attending an online college the classroom dynamic changes from one teacher to a possible 100 students to a one on one learning experience. It will be like your the only student in the classroom. This more personal interaction, enriches your education. With course material accessible 24 hours a day 7 days a week students have the ability to read and re read lectures, discussions, explanations and comments. Often spoken material in the classroom passes students by due to a number of distractions, missed classes, tiredness or boredom.

Participating online is much more encouraging than in a classroom. All students play on a level playing field undisturbed by physical impediments. Using online chat rooms as part of a courses requirements allow students to no longer feel any uneasiness because of the pressure of a class room situation. You have more time to form your comments and questions in a more methodical way. Professors are more approachable through online chats, email and in new discussions, without waiting for office hours that may not be convenient. This option for communication provides enhanced contact between instructors and students.

Online classrooms also help group learning by providing chat rooms for meetings and group work. This solves the problems of mismatched schedules, finding a meeting location and distributing work for review between meetings.

Students often say that online education lets them attend class when fully awake and attend in increments of convenient time blocks, rather than rigid 2 or 4 hour stretches once or twice a week.

Because there are no geographic barriers to online education, students can find a broad array of course material that may not be available to them where they live or work. This is true for professional training such as medical billing training or purchasing training and for students in remote rural areas that cannot support college or vocational training centers.

It will be great to see our college graduates out in the world pursuing there masters programs in nursing, information assurance training, and psychology all while they work at their job.


How to Balance College Saving and Retirement Saving - Infographic

In the United States, only half of the population have anything saved for retirement. When saving for our children's college expenses, we do an even worse job. What's the problem? If you ask the average person they will complain that their income is so meager that just making ends meet, takes all their effort.

Saving for college and retirement expenses is quite an effort for most people but the key is to start early. If you put away an amount of money, month by month and year by year, it will help you accomplish your goals.

Ask yourself, over the years how much money you have wasted on frills and fads. Add up all that wasted money and imagine what you could of done with it. It's not to late to turn it around. Start today, budget your money, live below your means, and save all you can.


Check out this great infographic about saving for college vs. saving for retirement. 


Thanks to Caxton FX Currency Exchange for this great graphic.

Tuesday, August 28, 2012

5 Websites Geared Toward Helping You Manage Your Retirement

RetirementRetirement (Photo credit: Tax Credits)Retirement planning and management is a task for many in the baby boomer generation. If you are at a time in your life and need to consider retirement, then various websites can be used to help manage the process.

SocialSecurity.gov

Social Security income will be included in any type of retirement plan. You will need to understand the payment structure and options provided by Social Security. This is an important part for any retirement plan. Visit the site to review information for how to apply and how to calculate the amount you will be potentially receiving. This will be based on the age you start collecting. This can be anywhere between age 62 and age 70.

AARP Money

The website for the American Association of Retired Persons has a section for money. Many articles on the site are useful for current retirees and future retirees. You can find information about what to do if a retirement choice needs to be considered and how to save money. One article that is on the site is 10 Steps to Get You Ready for Retirement. Review information on the site to find various ways that you are able to manage your retirement successfully.

Kiplinger Retirement

This site offers a variety of informational materials for managing your retirement. You can read various articles and view slideshows. One of the slideshows is 10 Great Cities for Retirees. Tools are available to create a plan for your retirement. They also have a separate area about Saving for Retirement and Spending in Retirement. A calculator at the bottom of the page can be used to determine if your savings will provide you with sufficient income during your retirement.

Retirementrevised.com

Individuals that are close to retirement can use this site for planning and management. They have many videos to view about retirement planning, download various guides, and a newsletter. RR guides on the site include retirement planning, retirement jobs, retirement benefits, and retirement saving & investing strategies.

Choose to Save

The Choose to Save website is useful for learning about the importance of planning for retirement and your financial future. Visitors to the site use the Ballpark Estimate calculator to find out an amount that needs to be saved for ensure reliable retirement income. You can use an interactive calculator or print a PDF file to use offline. A section for savings tips is also available on the site. Information for budgeting and managing your debt is also available to users.

Dan is a financial blogger who writes about different forms of insurance, his specialty is contents insurance. Click here to find out about home contents insurance. In Dan’s free time he is a self-proclaimed social media junkie.

Monday, August 27, 2012

Tips For Saving Money on a Las Vegas Vacation

English: The Golden Nugget Las VegasEnglish: The Golden Nugget Las Vegas (Photo credit: Wikipedia)Summer time is over and it's back to school for the kids. Many family's have taken their yearly summer vacation to the usual destinations and family parks. But to change it up a little we recently took a great vacation to Las Vegas. Las Vegas has always been known for the cheap vacation in the past until the mega hotels took over and ran up all the prices. But if you look hard enough and prepare you can still find some great deals. You don't have to play online slots anymore you can play the real ones

Traveling to Las Vegas


Don’t procrastinate this year, a key factor in finding a better deal  is starting early, airlines typically start to release their cheapest seats for domestic routes about 3 1/2 months before departure. This is when they start to actively manage the cheaper price points on flights.

The cheapest days to fly to Las Vegas are Tuesday, Wednesday (the cheapest) and Saturday. Generally, for the best deals – shop for airfare Tuesdays at 3pm. Shop for your Las Vegas airline tickets one passenger at a time. This has to do with a quirk in the way airline reservations systems are set up; if there is only a single seat available at the lowest price, but you’re shopping for two tickets – the system automatically kicks your order up to the next highest tier where there are two “same price” tickets. So buy one at a time, even though it means doing two separate transactions, and you could save big on at least one of those tickets.


When planning a trip to Las Vegas, keep your dates as flexible as possible for your airfare. Or at least recognize that you will pay more, if you have to be in Vegas during peak party season.

Avoid dates around the Super Bowl, Valentine’s Day, and New Year’s. Historically, this is when airlines and hotels cash-in on the lure of Sin City (or the Wedding Chapel Capital of the World, on Valentine’s Day).

Use Twitter and Facebook for exclusive airline and hotel deals. Social media is all the rage in corporate America, and airlines are no exception as they have become pretty active on Twitter and Facebook, and you should be too. That’s because sometimes they’ll offer deals exclusively to their social media followers – as will other Vegas entities.

For example, look for deals on the Las Vegas tourism website and on its Twitter account (@Vegas), along with hotels like the Luxor (@LuxorLV) and Wynn (@WynnLasVegas) to name just a few.

Best Tip: Sign Up for Alerts – For Las Vegas Airline Ticket Price Drops

A great way to save year round: sign up for real-time email airfare alerts as well as Twitter airfare alerts, and you’ll know when prices drop, in real time.
Bottom Line for Deals to Vegas. Shop smart, be flexible, and stay alert to Vegas deals – and you will save on your next trip .

Thanks to farecompare.com for all the great tips.

Sunday, August 26, 2012

A Business Loses Money By Not Doing This One Thing

English: First 4 digits of a credit card (Photo credit: Wikipedia)If you are a small business owner, you can’t act like a Mom and Pop store in a worldwide economy. Some of us over 50 business owners, with established businesses or starting second businesses are learning the importance of accepting credit and debit card payments. Today the pockets of today’s consumers are filled with more plastic than paper. How many times have you walked into a small business and saw a sign that read “We only accept cash or checks”, Did you walk out without purchasing anything? 

No matter if you’re a small or large business you need some type of credit card processing so that you don’t lose customers to your competitors, who are more prepared to handle all kinds of transactions with credit card machines.

Start a with a merchant account and see your business grow.

If you are looking for ways to grow your business, you need to consider a merchant account from a reputable credit card processing company. The ability to handle various transactions shows your clients that you mean business, that your payment options go beyond “cash or checks,” which can help build a customer base that will keep patronizing your goods and services for years to come. With a merchant account, you can easily accept most major credit cards.

Portability of credit card processing.

You may be on the road a lot, attending conferences, seminars and trade shows to promote your products. Just because you aren't in your store it doesn’t mean you should lose out on a sale. With mobile or wireless credit card processing, you can accept plastic at a kiosk or vendor booth. A reputable credit card processing company will provide merchant support 24 hours a day, seven days a week, in addition to electronic billing and account management.

Know who your dealing with.

It makes good financial sense to research credit card processing companies to ensure that you’re getting the best rates. A credit card company’s fee structure, including how long you’ve been in business, the percentage of wireless sales you make each month, the type of business you have and your credit score all determines the fees you pay. It makes sense to shop around. Other things to consider when securing a merchant account is whether or not the processing company offers encryption and secure payment gateways. You need to partner with an enterprise that will keep your information safe.

If you are not accepting credit or debit payments you are losing out. Your customers are leaving you for businesses that have credit card acceptance. Most of these virtual terminals pay for themselves in the long run. Grow your customer base and make money by setting up your account today.

How to Choose a Residential Care Home

Old People Crossing (Photo credit: schnaars)
Today, many the of the baby boomers are being called the sandwich generation because we are still raising our children but also having to care for our elderly parents. The costs and responsibilities of taking care of the previous and next generation can take its toll. Thanks to the advances of medicine, people are living well into their 80's and 90's. 

There can come a time when elderly parents may choose to live in residential care homes. This can be a stressful time for all concerned. Choosing a quality care home can be a difficult decision. But for many it is their first time learning about how to pick a good care home. I have listed a few ideas to keep in mind when looking for a care home.

Paying for a care home

It may seem an insurmountable task to pay for a good care home but with a little planning it can be done. Preparing ahead of time can make a comfortable care home possible. If a person is leaving a personal home for a care home it is possible to sell the home for cash or go with a reverse mortgage. The reverse mortgage will provide you with a steady stream of money to make care home payments.

The Veterans Association can provide benefits for a care home. If you have been keeping a long term care policy it has the ability to pay for expenses. If there is a retirement pension or Social Security, these can help with monthly fees.


What are the different types of care homes?

  1. A residential care home
  2. A nursing care home
  3. A residential care home for the mentally ill
  4. A nursing care home for the mentally ill

Eventually you will want to visit some perspective nursing homes but before you do you can review many care homes on the Internet. You may know some friends and families already familiar with care homes. Their advice and recommendations can point you in the right direction. 

After you have narrowed down your selection to just a few good places you need to set up appointments for a visit. A good residential care home has a mission statement or service guide that should describe their philosophy and services offered to residents. In this document you can see how serious the caretakers view their work. The owners dedication to providing a safe, clean, and caring facility is paramount in your selection process. 

A superior care home has individual care plans for each resident. Viewing a sample plan will show you how your family member will be cared for at the care home. The amount of detailed planning that goes into the care plan shows you exactly how a resident will be cared for. 

Besides the quality of the facilities you also have to examine the quality of the staff. The staff should be well trained with a long history of good care home service. There should always be personal on hand 24 hours a day and an on-call registered nurse. 

When making your selection for a care home get all the details about what's included with the monthly cost. Ask for any extra charges that can be added if there is any extra services needed. 

Visiting the care home unannounced as a surprise visit will reveal the true state of the facilities and the staff.

There are still many things to consider. Taking the time and choosing the best care home will pay off for many years to come.


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