Friday, January 12, through Sunday, January 21, 2018, marks the ninth-annual Kansas City Restaurant Week. With more than 190 restaurants…
Your BFF of personal finance savings here. Heard of savings crafts? Okay. Full disclosure: I’m probably doing this in the reverse order of what I should … but you really should stick around for the fun. So … a fear fact, a friend to help and then like good friends do … we’re going to go out for some fun.
Fear Fact: We’re Not Saving Enough. Period.First, the savings fear fact. According to The Associated Press – NORC Center for Public Affairs Research, 66% of Americans would struggle to pull together $1,000 to cover an emergency. If you’re a homeowner, it’s not hard to imagine $1,000 bill of any kind. And, apparently, this statistic is not isolated to people making less than $50,000 year. Even America’s wealthiest households would be challenged to collect the money without selling something or borrowing it. Of the households earning more than $100,000 a year, 38% say they would have some difficulty coming up with $1,000. 1. And this saving struggle affects people’s ability to save for retirement. Our wheelhouse, for sure. When the same Associated Press poll asked people if they will have enough money to retire on time, 54% called the likelihood … dubious.
Why We Care? Your 401ks Best FriendWe know every dollar counts. That’s why we provide education on all manner of savings approaches, not just getting mooola into your 401k. If you’re a saddled with debt, we outline the common question of whether it’s better to pay off the debt (the student loan variety in this example) or investing in your 401k . Or, if you have no debt and are eager for a saving strategy, we implore you to try the 10% Savings Trick for retirement and an emergency fund. But friends should not only be about lending advice but also ready to have some fun.
Some Savings Crafts Fun: The New Piggy BankA couple months back, I go into get a haircut and Lauren (she, Michelle or Parker generally cut my hair – I like to diversify) and I get to talking. At first, it’s the typical stylist/client small talk.
A month or so back, Kansas City-based Andrews McMeel Universal (AMU), publisher of the Posh brand of adult activity and coloring books, launched a new adult coloring club and community called Posh Coloring Studio in partnership with Meredith media, publishers of Better Homes and Gardens and Martha Stewart Living. Full disclosure: Andrews McMeel is a client of Brent’s (and he worked on this project) but thoughts and opinions expressed herein are my own.
He: No snark from me this time out. Just some facts about the adult coloring trend and the Posh service. You can insert your own snark about how adult coloring is … a thing … in the comments if you’d like.
Why I’m Excited About Posh Coloring StudioBoth and Brent and I truly enjoy spending time with our kids. And one of my 11-year-old daughter’s (“D”) favorite pastimes is art. When she’s not drawing pugs (a component of every signature of every card she signs — birthdays, holidays, anniversaries … you name it), she’s coloring. Together we’ve recently colored 404 Not Found: A Coloring Book by The Oatmeal (one of “D’s” favorite games is Exploding Kittens) and Good Dog!: A Dog Lover’s Coloring Book. And when she’s not coloring on paper, she’s using the iPad and the Apple Pencil. A favorite app of our’s is Pigment. We all remember the nostalgia of coloring as a kid. Fortunately, coloring is making a resurgence with adults, as well. (Apparently, there are health benefits in the form of stress reduction.).
For Christmas 2015, Becca gifted me a book The Beer Bible by Jeff Alworth. I absolutely love it, particularly the…