Archive for November, 2013

10 Thanksgiving Day Facts & Figures

Posted on November 27, 2013 by Saldutti

Here are 10 facts and figures about Thanksgiving as America celebrates the 150th anniversary of President Abraham Lincoln proclaiming a late November Thursday as a national day of thanksgiving. 1621: The Pilgrims, early settlers of Plymouth Colony, celebrate harvest with a three-day feast. The Wampanoag Indians also had a lead role in the festival. 1619: Ceremonies of thanks date back this far in Virginia, historians say. 1863: President Abraham Lincoln proclaims the last Thursday of November a national day of thanksgiving. 1938: The first of three years for which, under order from President Franklin Roosevelt, Thanksgiving is observed on the…

Black Friday 2013: 16 Myths Debunked

Posted on November 26, 2013 by Saldutti

When it comes to deals, few holidays beat Black Friday. Not only will you see many items at their lowest prices of the year, but you’ll also see sales on a wide range of items, from clothing to washing machines. However, as we enter the holiday season, it’s a good idea to stay vigilant; along with great Black Friday deals comes a lot of hype and misinformation. Here are 16 Black Friday myths that are about to get busted – from DealNews. MYTH: Black Friday 2013 Sales Will Begin on Black Friday – We will see more deals on Thanksgiving…

Black Friday 2013: More Shoppers Will Spend – But Not Without Deals

Posted on November 25, 2013 by Saldutti

This holiday season, Americans may not spend their green unless they see more red. Despite signs that the economy is improving, big store chains don’t expect Americans to have much holiday shopping cheer unless they see bold, red signs that offer huge discounts. As a result, shoppers are seeing big sales events earlier and more often than in previous holiday seasons. Since the recession began in late 2007, stores have had to offer financially-strapped Americans ever bigger price cuts just to get them into stores. But those discounts eat away at profits. So far, more than two dozen major chains…

10 Money Moments That Make You Grow Up

Posted on November 22, 2013 by Saldutti

Age is just a number. You know you’ve actually become an adult when you start behaving like one. How can you know for sure that you’re really, truly a grown-up, at last in the financial sense? Let us count the ways… Your parents have cut you off. Your financial life probably started with a weekly allowance from your folks, and that practice might continue until after graduate school. But at some point, you get taken off the family payroll. (Whether it’s your idea or not is another matter.) As Dr. Seuss says in Oh, The Places You’ll Go, “You’ve got…

This Thanksgiving – Give Thanks, by Giving

Posted on November 20, 2013 by Saldutti

For most families, Thanksgiving is a time to reflect on everything you’ve been given, and to be grateful for all that you have. The past few weeks have brought much devastation and despair to millions of people around the world. Many will not have the simple things that we often take for granted – a roof over their head, food on their table and clothing on their back. This year, why not take the time to give thanks for all that’s good in your own life – and also give to others who may not be so fortunate. Typhoon Haiyan,…

Holiday Survival Guide: Tips for Thanksgiving Travel

Posted on November 18, 2013 by Saldutti

There’s not much good news for fliers this Thanksgiving. Airports will be packed, planes will have few, if any, empty seats and you might sit apart from a loved one, unless you plan to pay extra. During the 12-day Thanksgiving travel period, 25.1 million people are projected to fly, an increase of 1.5% from last year, according to industry trade group, Airlines for America. That would make this the busiest year since 2007, when an estimated 26 million people flew over the holiday period. The busiest travel day will be Sunday, Dec. 1, with an estimated 2.56 million passengers, followed…

Gobble, Gobble: Thanksgiving Dinner Costs Drop Slightly

Posted on November 15, 2013 by Saldutti

Here’s another reason to be thankful this holiday season – the cost of putting Thanksgiving dinner on the table is down slightly from last year. But don’t bank on those savings for any big Black Friday splurges. The average Turkey Day dinner will cost $49.04, or just 44 cents less this year than it did in 2012. After some steep price hikes during the economic downturn about five years ago, food prices have remained mostly stable this year. It’s a welcome change from 2011, when the cost of Thanksgiving dinner skyrocketed to $49.20 – up from $43.47 in 2010, according…

Educating Your Teen About Credit

Posted on November 13, 2013 by Saldutti

As parents, we want to build up our kids so they can live their best lives. We want to guide and educate them so they can succeed. One of the areas where we can help our kids is credit. As children enter their teen years, they start thinking seriously about the future and preparing for it – things like what college to attend, which career to choose and what goals they have for their adult lives. And one of the ways that parents can help equip their teenage children for the future is to teach them about credit. While the…

Finance 101: All About Emergency Funds

Posted on November 12, 2013 by Saldutti

In life you should expect the unexpected, and this is why you need an emergency fund. The best you can do is to prepare for emergencies that require access to additional money and having an emergency fund is the ideal solution. Financial emergencies can come in the form of a job loss, significant medical expenses, home or auto repairs or something you’ve never dreamed of. The last thing you want to do is be forced to rely on credit cards or a loan which could simply compound the problem. How Big Should Your Emergency Fund Be?           Most experts agree that…

10 Reasons to Hire a Military Veteran

Posted on November 11, 2013 by Saldutti

Democrats and Republicans came together to pass the VOW to Hire Heroes Act of 2011, which offers tax credits at employers as incentive to hire military veterans. Saldutti Law is a veteran-owned business and is extremely proud to count veterans and reservists among its employees.  Veterans Day is a reminder that there are numerous reasons to hire military vets. Here are 10 of them, courtesy of the U.S. Labor Department: Accelerated learning curve: Veterans have the proven ability to learn new skills and concepts. In addition, they can enter your workforce with identifiable and transferable skills, proven in real-world situations….