Take 5 — A Roundup of Reads From Around the Web

This week: expensive retirement mistakes, paying off every kind of debt, picking the right summer camp, saving on everything you buy online and who gives the best wedding gifts.

Take 5 — A Roundup of Reads From Around the Web

1. “5 Simple Ways to Save Money on Every Online Purchase”

[MSN.com] “If you use the tools that are available through websites, credit cards and gift cards, you can score at least 10 percent off in most cases for most purchases — without waiting for sales or searching the papers for coupons.”

This MSN story is actually a MoneyTalksNews story. We’re highlighting it in case you didn’t know that in addition to seeing our stuff on our site, you can also read and watch some of our most popular stories on some of the world’s most popular websites, including MSN, Yahoo, AOL and others.

So how does one save on every online purchase? Using discounted gift cards, rebate sites, cash back credit cards, signing up for email lists and abandoning your virtual shopping cart. Not all ideas apply to all purchases, but you can typically get a least a 10 percent discount on everything you buy simply by harnessing some combination of these simple tools. Check out this story and save.

2. “Sensational Summer Camps”

[The Dollar Stretcher] “Summer camp can be the highlight of a child’s summer vacation. They get to let their imagination fly on the back of a horse or hiking through a forest. They can form new friendships and socialize with kids from different backgrounds. They can try new activities and discover different interests and strengths.”

We just did a story last month on picking the best summer camp, but this article adds a little more fuel to the campfire. Check it out for ideas on finding the perfect camp with suggestions like involving your kids in the process, asking for a better deal and putting together a list of questions that will help you find the perfect camp at the perfect price.

3. “The Best Ways to Pay Off Every Kind of Debt”

[AOL] “At the end of 2016, American household debt totaled $12.58 trillion, according to the Federal Reserve Bank of New York. If you’re in debt and don’t know how to pay it off, the first step is to learn which method of paying off debt is best for the type you have.”

If there’s one thing we cover, it’s debt. (If you need proof, just check out our “Borrow” heading for stories on everything from seeking help with debt to the best way to pay off a car loan.) But it’s always good to read what others write. This article looks at several kinds of debt, from student loans to mortgages, and offers ideas to attack each.

4. “Wedding Gift Value Differs Depending on Where You Live”

[Debt.com] “Northeasterners may just be more invested in weddings than other Americans are. One-third of them give a gift averaging $200 in value. Everywhere else across the country, only 13 percent of Americans are giving wedding gifts of that size.”

We’ve done plenty of stories on wedding gifts, but I don’t remember seeing one about how much guests spend depending on how old they are or where they live. I won’t spoil it for you by revealing all the details, but if you’re getting married, might want to do it in New York and invite plenty of baby boomers.

5. “9 Expensive Mistakes of the Newly Retired”

[Wise Bread] “Transitioning to retired life on a fixed income will undoubtedly have a few bumps in the road. This is a brand-new chapter of life for you, and it’s reasonable to expect some challenges ahead.”

If you’re about to retire, this is your article. Mistakes the newly retired make include, among other things, not balancing your investments, not altering your lifestyle, spending too much too soon and falling victim to scams. Check it out, then see our article, “8 Mistakes That Can Sabotage Your Retirement.”

Don’t forget to share your thoughts and reactions in comments below or on our Facebook page!

Stacy Johnson
Stacy Johnson @moneytalksnews
I'm the founder of Money Talks News and have spent the last 40+ years in the personal finance trenches. I'm a CPA, author of a few books and multiple Emmy recipient. I'm ... More


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