If you’re young and just starting out in life or a ‘seasoned’ veteran, you have many things in common–one of which is the desire to assure your family is protected in case of emergency. That means insurance coverage…enough to cover you in the event of unexpected trouble. You can’t be too careful. Without insurance the first medical disaster will wipe you out, and it may take years to catch up. In order to protect yourself from possible financial ruin it’s advisable to make sure you’re covered in case of disaster. Of course, that’s not always possible, especially in this economy, and particularly if you’re recently married or out on your own for the first time. Money may be tight. You’ve saved a little for a rainy day, but you know it won’t be enough if something terrible happens. Is there a way to protect yourself and your family’s medical needs? Yes there is. It’s called a health savings account (HSA.)

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Stress is a physiological response. Whenever your brain senses stress, adrenaline and cortisol are activated to raise your awareness and energy. However, not every stressful situation requires you to fight or flight. For example, financial stress is often a debilitating mental burden that reoccurs in a chronic manner. Yet there’s no need for your body to fight against a mailed-in bill and running away certainly won’t help, but your brain is still able to understand the consequences of financial problems. Fortunately, extensively reviewing your financial situation and simplifying as much as possible can drastically reduce financial stress.

The Benefits of Organization

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A new year is also upon us which means tax time and new year’s resolutions are round the corner. Many of us are still getting over Christmas but a new year is less than a week away. So now is the time to set your financial goals and do some year-end tax planning. Here are some post from this week that can help you plan for the new year:

Wondering where and how to start planning for the new year. This post Start Thinking NOW About How You Will Rock 2011! will help you get started.

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Does last minute Holiday shopping cause you stress or cause you to spend more money than you planned? You spend more because you want to just get finished with your shopping. In order to simplify your personal finances you should plan your holiday shopping well in advance so you are not stressing over what to buy and how much money you just spent. I know that is not always possible. We may forget to put someone on your initial list or you are busy with other things and have not found the time to go shopping. If you find yourself doing last minute holiday shopping here are some simple tips to help you simplify:

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The Yakezie is the web’s largest personal finance and lifestyle blog networks. The Yakezie Scholarship officially launched this Thursday, November 11th. The Yakezie Scholarship is a one of a kind scholarship that focuses on not only helping someone in financial need, but also provides mentorship to all winners! To learn more check out HowToSaveMoney.com Yakezie Scholarship – December, 2010

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Many times our personal finances are not simplified because we yes too often instead of a simple no thank you. We say yes to the many offers for discounts and additional purchases, which many times do not make our financial lifestyle any easier. For example, when making a purchase at a store, we are offered an additional discount on your purchase if you sign up for a store credit card. You have to ask yourself will that 10% or 15% discount on this purchase really make my financial life better. Probably not. Are the few dollars saved on this purchase worth the additional hassle over time. I would say NO.

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With daylight saving time over, we each gain an extra hour, as we all know time is very value, how do you plan to spend your extra hour? If you have not decide how to spend your extra hour. Spend a part of that extra hour reading some of this week’s personal finance roundups which feature the best personal finance posts from the past week. I am sure you can find several posts that will help you simplify your personal finances:

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Planning for your eventual retirement is key to designing your simple financial lifestyle. Here are six tips to help you simplify your retirement planning: Read the rest of this entry »

Welcome to this Week’s Edition of Simple Sunday Round.

On August 16th, 2010, I have joined the Yakezie Network Challenge. At that time my Alexa ranking was 761,131. My goal was to reach Alexa rating of 200,000 with in 6 months of taking the challenge. Well thanks to all those other Yakezie members you have helped as of today my Alexa rating is 194,176. I have reached my goal in less than 6 months. Not only has joining Yakezie the best network of personal finance sites helped with my Alexa rating, I have also meet other personal finance bloggers to network with. Thanks to all of those who have helped me reach this point. On to the next challenge of reaching Alexa 100,000 and building more relationships.

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Have you had the money talk with your kids? I know my parents provided me with a great financial foundation. I believe teaching your children the fundamentals of personal finances can go a long way in helping you simplify your personal finances as well as your child’s personal finances in the future. Here are some personal finance post from this week that can help you teach your child about personal finance and money.

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