Archive for September, 2012

More Ways to Save

Posted on September 28, 2012 by Saldutti

In our never-ending quest to help you save more and spend less, here is some additional advice from Yahoo’s Financially Fit: Keep Track – You can’t save money if you don’t even know how much you’re spending. Before you get down to the business of saving your money, take a week to track every single penny you spend. At the end of the week, you’ll have a good idea of what you need to tackle first – for example, you might consider switching to a bank that’s close to your office or home and offers no-fee withdrawals if you find…

Old Judgment Pays Huge Dividends

Posted on September 28, 2012 by Saldutti

Saldutti, LLC was successful in recovering and collecting on a judgment that exceeds $1 million.  Recently, firm counsel Thomas O’Connell celebrated two victories.  First, he fended off a motion by the defendant debtors to vacate and mark an old judgment of 18 years satisfied.  In addition, Tom partnered with the firm’s forensic investigation team to identify that two of the guarantors had substantial assets.  The case was interesting because it included a loan judgment from a failed RTC bank that was acquired by a finance company.  One of the guarantors had moved out of state, another had relocated.  Both parties moved to…

What's the Going Rate for the Tooth Fairy?

Posted on September 25, 2012 by Saldutti

The Tooth Fairy is starting to look a lot more like Santa Claus.  Kids found an average $3 per tooth under their pillows this year, up 15% from last year, according to a survey from Visa.  Some received as much as $20 per tooth. “It’s a good time to be a kid with a loose tooth,” says Jason Alderman, Visa’s senior director of global financial education. The Tooth Fairy is not to be taken lightly, child psychologists warn: Excessive monetary rewards can distort a child’s perception of money. “I believe that it not only can be adverse to learning the…

Cats vs. Dogs: Which is the Cheaper Pet?

Posted on September 20, 2012 by Saldutti

Whoever coined the phrase, “You can’t put a price on love” probably wasn’t a pet owner. Last year, between food, treats, toys, dog park memberships, vet bills, and medicine, my large dog cost me more than $900.  Dog and cat owners don’t pay the same amount for their four-legged family members. The ASPCA did a study on the average cost of owning a dog or a cat. Here’s a more detailed breakdown: Small dog – $1,314 the first year, $580 per year after Medium dog – $1,580 the first year, $695 per year after Large dog – $1,843 the first…

Saldutti, LLC Supports the 9/11 Heroes Run 2012

Posted on September 18, 2012 by Saldutti

On Sunday, September 9th, Saldutti, LLC proudly took part in the 5th annual 9/11 Heroes Run, hosted by the Travis Manion Foundation.  Firm attorney, Tom O’Connell, organized the staff’s participation in the 5K run in Pennsauken’s Cooper River Park that “honors the fallen by challenging the living.”  In the days following the terrorist attacks of Sept. 11, 2001, Americans of all backgrounds came together to honor the fallen and renew the spirit of freedom.  That unique, unifying feeling returned last weekend, as thousands of Americans stood shoulder-to-shoulder in nearly 50 cities around the world for the Travis Manion Foundation’s 9/11 Heroes…

Navigating Finances for Stay-at-Home Parents

Posted on September 12, 2012 by Saldutti

When one parent chooses to stay at home, managing the household finances can be tricky. When you were single, managing finances wasn’t an easy task. Getting married and learning to share money is pretty darn challenging. The trickiest thing of all can be having a baby and learning to split one income, especially after you’re used to living on two. Why is money so complicated for families with a stay-at-home parent? While one parent is at a job to bring home a paycheck, the other parent is doing an equally important job raising the children. In fact, Salary.com values stay-at-home…

Back-to-School Budgeting

Posted on September 06, 2012 by Saldutti

You’ve got everything together for child’s first day of school.  New shirt?  Check.  New jeans?  Check.  New backpack?  Check.  New school supplies?  Check  But then you realize, after a summer of flip-flops and sandals, that your darling child has outgrown his shoes.  Now you’re left scrambling to figure out a way to fit new shoes into the tiny amount of money you have left in the back-to-school budget. Every year, the back-to-school rush somehow manages to catch parents off-guard – even though they know it’s coming. These last-minute frantic spending sprees put dents in their bank accounts and holes in…

Forget the past: Gas is Expensive and Staying That Way

Posted on September 04, 2012 by Saldutti

Prices at the gas pump are costlier and more volatile than they used to be and experts have a simple message for the driving public: Get used to it.  Over the last eight years, gas prices have jerked up and down in a clear break from the previous two decades, when prices ebbed and flowed in a mostly stable seasonal cycle.  “I don’t think we’re going back to the 1990s. It’s a different world,” said James Hamilton, an economist at the University of California San Diego who has studied the issue for the National Bureau of Economic Research. “I very…