Shortly after Apple's latest phone, the iPhone 6, is announced, people will be lining up to pay any price and sign long, expensive contracts. They have their wires crossed.
This post comes from Marilyn Lewis at partner site Money Talks News.
On Tuesday Apple is expected to announce its latest smartphone, the iPhone 6. And that's just one of several new smartphones being unveiled this month. Watch for new phones from Microsoft (Nokia Lumia 730), Sony (Sony Xperia Z3), Motorola Mobility (Motorola G), and Samsung Electronics (Note 4). PCWorld has details. (Microsoft owns and publishes MSN Money.)
EMarketer projected that 4.55 billion people will use mobile phones worldwide this year, and about 1.75 billion of them will use smartphones. It expects that nearly 70 percent of people worldwide will be mobile phone users by 2017, compared with 61 percent last year, and the number using smartphones will continue to increase.
That's a huge market, with high stakes for phone makers. But don't let the hype hypnotize you into making an impulse buy. Here are seven ways to save on your new smartphone purchase:
If you're not using a free password service, you're making your life a lot more difficult than it has to be and making hackers' lives a lot easier than they should be.
This post comes from Stacy Johnson at partner site Money Talks News.
Even the most hopeful among us will now have to admit that we basically have no online security. None. Nada. Zilch.
If you've shopped at Home Depot, Target or any one of thousands of other businesses, which covers pretty much every American older than 18, your credit card and other personal information have theoretically been exposed.
Even if you're allergic to plastic and always use cash, the Russians likely have your passwords.
And if you like to take nude selfies and store them on your phone, well, there's apparently a hack for that as well.
What most of us do when confronted practically daily with this brutal new reality is, well, nothing. What can we do? Stop using the Internet? Stop using online banking? Stop taking racy pics?
Well, I guess we could stop taking racy pics. But the other stuff? Not so much.
Can you increase your wealth by changing the way you think about money, saving and spending?
Simply thinking about becoming wealthy isn’t likely to get you very far, but thinking like the rich is critical if you want to build wealth, says Steve Siebold, who wrote the book "How Rich People Think."
Here he shares five key ways the wealthy think differently about money and credit.
1. Leverage creates wealth
"On one side of the spectrum is labor, and at the other (end) is leverage," he says. "The rich employ money to make money. Labor doesn’t pay very well but leverage pays extremely well. We’re never taught to use leverage. Who teaches you that?"
The concept of leverage refers to using other people’s money to make money, he explains. And while that may sound good in theory, it’s a difficult concept to grasp if you don’t have a lot of money to begin with.
So go where the money is, he says. "The rich are always looking for alternative investments,” Seibold says. “They may be more risky but they can afford to take the risk. All you need is a good idea to start a business; there is so much money out there." In other words, don't just look to traditional sources to borrow money, look for private sources as well.
It grew gradually, until one day Yvette and Kyle decided they'd had enough. Here's how they turned the tables on debt.
Yvette knows she didn't just wake up one morning hopelessly in debt. She and her husband had good jobs -- she is a hospital administrator and he is a property manager -- and good incomes.
The debt built slowly, over about seven years, and with a series of money decisions like, "we need to book our vacation now, but we'll pay for it when we get our tax refund," or "we'll pay it when the bill comes," and finally, "we'll pay half this month and half next," Yvette said. (She prefers not to reveal her last name.)
Only something always got in the way. Balances grew, and even in the months when she and her husband, Kyle, were able to pay more than the minimum payment, they were making little headway in shrinking their enormous debt. It was frustrating to see the balance barely drop.
Then Kyle's business failed.
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Frugal tips to help you enjoy fresh produce in the fall include buying what's in season, frequenting roadside stands, and growing your own.
About half of U.S. families live on $60,000 a year or less. Let's take a look at how they do it.
This post comes from Bob Sullivan at partner site Money Talks News.
Do you and your family live a "normal" American life on $60,000 a year? I'd love to hear from you.
My story for The Restless Project about the $100,000 annual budget for a normal family stirred up such emotion that I plan to do a series on this topic. In case you are new to this project, I compiled a mythical budget for a family of four living near a large U.S. city and found that expenses add up to $8,300 a month, or about $100,000 a year, pretty quickly.
Reactions were all over the board. They ranged from, on one side of things:
- You're crazy. You left out things like costs for summer camp or retirement savings.
- You're crazy. You left out emergencies like health problems.
- You're crazy. You left out alimony payments. With so much divorce, this is reality for many families.
Don't get into an argument with the guy reclining in front of you.
This post comes from Kelli B. Grant at partner site CNBC.
Whether you're looking to exercise your right to recline or hoping to avoid squashed knees, it pays to pick the right seat.
In recent weeks, passenger fights over reclining seats have diverted three flights—a Delta flight from New York to West Palm Beach, Florida, a United flight from Newark, New Jersey, to Denver, and an American flight from Miami to Paris.
Paying up for extra legroom isn't a cure-all: In two of the three recent incidents, passengers were sitting in such premium seats.
It's bad enough you have to wash the dishes every night, but you end up paying for it, too! Find out how to slash the amount you're spending to keep clean.
This post comes from Maryalene LaPonsie at partner site Money Talks News.
The old saying goes that nothing in life is certain except death and taxes. However, we could probably add laundry, dirty dishes and grimy floors to that list.
On the face of it, you might not think too much about the price of your cleaning habits. After all, how much does it really cost to run the dishwasher or spin out the wrinkles in your work shirt? Probably not enough to break the bank, but it may be enough to nickel-and-dime your budget.
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